LegalZoom Q3 revenue $167.3M (+8% YoY); net income $7.5M vs loss year ago; new $100M buyback

LegalZoom Reports Third Quarter 2023 Financial Results • Revenue of $167.3 million for the quarter, an increase of 8% year-over-year • Subscription revenue of $104.5 million for the quarter, an increase of 14% year-over-year • $212.1 million of cash and cash equivalents and no debt outstanding as of September 30, 2023 • Strong product velocity: launched a Business Licenses compliance product, accounting solution LZ Books, AI powered document summarization tool Doc Assist and a revamped Legal Forms library during and subsequent to the end of the third quarter MOUNTAIN VIEW, California – November 7, 2023 – LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced results for its third quarter ended September 30, 2023, including the following highlights: • Revenue was $167.3 million for the quarter, up 8% year-over-year: ◦ Transaction revenue was $57.4 million, down 2% year-over-year.

except AOV, ARPU and percentages) Three Months Ended % Growth Nine Months Ended % Growth September 30, (Decline) September 30, (Decline) 2023 2022 YOY 2023 2022 YOY Revenue $ 167,274 $ 155,277 8 % $ 502,064 $ 473,353 6 % Business formations 137 117 17 % 468 359 30 % Transaction units 237 226 5 % 828 718 15 % Average order value (AOV) $ 242 $ 258 (6) % $ 217 $

Our guidance for the fourth quarter ending December 31, 2023 is as follows: • Revenue is expected to be in the range of $155 million to $157 million • Adjusted EBITDA is expected to be in the range of $28 million to $30 million Our guidance for the full year ending December 31, 2023 is updated as follows: • Revenue is now expected to be in the range of $657 million to $659 million • Adjusted EBITDA is now expected to be in the range of $114 million to $116 million