Management Change/Compensation Form 8 K

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Principal Accounting Officer

On October 14, 2024, Christopher W. Bohnert, Senior Vice President, Chief Accounting Officer and Controller of Angi Inc. (the "Company" or "Angi"), informed the Company that he will resign from his role, effective November 1, 2024 (the "Effective Date"). Mr. Bohnert's resignation is not the result of any disagreement relating to the Company's accounting or financial policies or procedures. Mr. Bohnert has agreed to remain with the Company for a to be determined period to assist with the transition of the role to his successor.

Appointment of Principal Accounting Officer

On October 14, 2024, Julie Gosal Hoarau, age 41, was appointed as Chief Accounting Officer of the Company, effective on the Effective Date. Prior to joining the Company, Ms. Gosal Hoarau worked at MongoDB, Inc. (NASDAQ: MDB), a developer data platform company, from May 2019 to October 2024, where she most recently served as Vice President of Accounting Operations. During her tenure, Ms. Gosal Hoarau oversaw various functions, including SEC reporting and technical accounting, corporate accounting, finance transformation, tax, treasury, sales compensation and payroll. Prior to joining MongoDB, Ms. Gosal Hoarau served: (i) from April 2018 to May 2019, as Vice President and then Senior Vice President, Finance of Aaptiv, a digital fitness application, (ii) from September 2017 to December 2017, as Senior Vice President, Finance of Evolving Systems, a provider of digital engagement solutions and services that was then publicly traded (NASDAQ: EVOL), and (iii) from October 2012 to August 2017, as Director of Finance and Special Projects and Product Owner, E-Commerce and Subscriptions, for Shutterstock (NYSE: SSTK), a leading online content marketplace. Prior to these roles, from April 2010 to October 2012, she served as Vice President, Finance and Chief Financial Officer of Scanbuy, Inc., a venture capital-backed developer of cloud-based mobile engagement solutions through QR codes. Earlier in her career, she held various financial accounting and business consulting positions at KVB Partners, an accounting and tax services firm. Ms. Gosal Hoarau holds both a Bachelor's degree in Business Administration (DUT GEA and D.E.S.C.F) and a Master of Science degree in Accounting (D.E.S.S.) from the University of Bordeaux and is a Certified Public Accountant.

In connection with her appointment, as of the Effective Date, Ms. Gosal Hoarau shall receive a grant of Angi restricted stock units with a dollar value of $750,000 pursuant to the Company's Amended and Restated 2017 Stock and Annual Incentive Plan (the "2017 Plan"), which award shall be scheduled to vest in three equal annual installments, on the first, second and third anniversaries of the Effective Date, subject to continued service.

Appointment of Chief Operating Officer and Related Compensatory Arrangements

On October 15, 2024, Bailey Carson, age 40, was appointed Chief Operating Officer of the Company, effective immediately (the "Carson Effective Date"). In this role, Ms. Carson will oversee the Company's sales, customer care and operations functions. Prior to this appointment, Ms. Carson served as Chief Customer Experience Officer of the Company since January 2024 and in the following general management roles at the Company and its businesses: (i) from November 2022 to December 2023, as General Manager of the Company's Services business, (ii) from April 2021 to November 2022, as General Manager of the Company's Book Now product offering, (iii) from May 2020 to April 2021, as a Category Manager of the Company's Everyday Services category, and (iv) from August 2018 to May 2020, as Senior Vice President, Growth of Handy Technologies Inc. (acquired by the Company in October 2018). Prior to joining the Company, she served: (i) from October 2016 to August 2018, as Chief Operating Officer of Willing Beauty Company, a clean skincare brand ("Willing"), (ii) from July 2014 to October 2016, as Chief Operating Officer and Chief Financial Officer of willa, a clean skincare brand for teens (acquired by Willing's parent company in September 2016), and (iii) from May 2013 to July 2014, as Product Manager of Compass, as residential real estate brokerage firm. Earlier in her career, Ms. Carson served as a private equity associate at Irving Place Capital and as an investment banking analyst at Lehman Brothers. Ms. Carson holds a Bachelors of Science in Business Administration and Accounting from Washington and Lee University and a Master of Business Administration from Harvard Business School.In connection with Ms. Carson's appointment, on the Carson Effective Date, the Company and Ms. Carson entered into an employment agreement (the "Carson Employment Agreement").

Term. The Carson Employment Agreement has a scheduled term of one (1) year from the Carson Effective Date and provides for automatic renewals for successive one (1) year terms absent written notice from the Company or Ms. Carson ninety (90) days prior to the expiration of the then current term.

Compensation. The Carson Employment Agreement provides that during the term, Ms. Carson will be eligible to receive an annual base salary (currently $450,000), discretionary annual cash bonuses (with a target of $350,000), equity awards and such other employee benefits as may be reasonably determined by the Compensation and Human Capital Committee of the Company's Board of Directors (the "Committee"). In addition, as of the Carson Effective Date, Ms. Carson shall receive a grant of 400,000 Angi restricted stock units pursuant to the 2017 Plan, which award shall be scheduled to vest in four equal annual installments, on November 1, 2025, 2026, 2027 and 2028, subject to continued service.

Severance. The Carson Employment Agreement also provides that upon a termination of Ms. Carson's employment by the Company without "cause" (and other than by reason of death or disability), her resignation for "good reason" or the timely delivery of a non-renewal notice by the Company (a "Qualifying Termination"), subject to Ms. Carson's execution and non-revocation of a release and her compliance with the restrictive covenants set forth below:

(i)	the Company will continue to pay Ms. Carson her annual base salary for twelve (12) months following such Qualifying Termination (the "Carson Severance Period"), subject to offset for amounts received from other employment during the Carson Severance Period;

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