01:01 PM EDT, 04/07/2025 (MT Newswires) -- (Updates with activist investor's statement in the sixth and seventh paragraphs.)

Match Group ( MTCH ) said Monday that shareholders should not support activist investor Anson Funds' three proposed board nominees.

"None of them brings meaningful additional skills or expertise relevant to Match Group's ( MTCH ) strategic priorities moving forward," the dating applications company said.

The company said its board recommended that stockholders vote for all of its nominees up for election at the annual meeting.

Match Group ( MTCH ) also said that at the annual meeting, it will seek shareholder approval to declassify its board, which is currently divided into three classes with members serving staggered three-year terms.

The company added that it will appoint e-commerce executive Darrell Cavens as a new director in connection with the annual meeting.

The addition of Cavens as a director "introduces yet another interlocking relationship to the board" because Match Chief Executive Officer Spencer Rascoff was a director at online shopping company Zulily while Cavens was Zulily's CEO, the activist investor said in a statement emailed to MT Newswires.

"In addition, the board's commitment to declassify only comes after repeated rejections to our requests to declassify since 2024 and receiving our shareholder proposal to dismantle this entrenchment tool as part of our nomination notice," Anson Funds said.

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