MediaAlpha authorizes $5M share repurchase program for Q2-Q3 2022

MediaAlpha, Inc.

Board approved up to $5.0M of Class A common stock repurchases, expected over Q2 and Q3 2022.
CFO Patrick Thompson cites confidence in business strength and cash flow as rationale.
Repurchases funded from cash on hand and operations; all bought shares will be canceled.
Timing and amount subject to market conditions, capital needs, debt covenants, and legal limits.
Program can be extended, suspended, or discontinued at any time without prior notice.

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