Advantage Solutions Inc. 10-Q

ITEM 1A. RISK FACTORS There have been no material changes to the risk factors disclosed under Part I, Item 1A “Risk Factors” in the 2025 Annual Report, the current effects of which are discussed in more detail in Part I, Item 2 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Quarterly Report on Form 10-Q. These risks are not the only risks that may affect us. Additional risks that we are not aware of or do not believe are material at the time of this filing may also become important factors that adversely affect our business. 33 Item 2. U nregistered Sales of Equity Securities and Use of Proceeds The following table sets forth repurchases of our Class A common stock during the three months ended March 31, 2026: Period Total number of shares purchased (1) Average price paid per share Total number of shares purchased as part of publicly announced plans Approximate dollar value of shares that may yet be purchased under the plan (in thousands) (2) January 1, 2026 to January 31, 2026 179 $ 20.41 — $ 46,154 February 1, 2026 to February 28, 2026 2,414 $ 27.00 — $ 46,154 March 1, 2026 to March 31, 2026 94,176 $ 24.48 94,176 $ 43,848 Total 96,769 $ 24.54 94,176 (1) During the three months ended March 31, 2026, we executed open market purchases of 94,176, or $2.3 million, of our Class A common stock under the 2021 Share Repurchase Program. During the three months ended March 31, 2026, 2,593 shares were withheld for the payment of withholding taxes upon the distribution of restricted stock units. (2) On November 9, 2021, we announced that our board of directors authorized the 2021 Share Repurchase Program pursuant to which we may repurchase up to $100.0 million of our Class A common stock. The 2021 Share Repurchase Program does not have an expiration date but provides for suspension or discontinuation at any time. The 2021 Share Repurchase Program permits the repurchase of our Class A common stock on the open market and by other means, including plans complying with Rule 10b5-1 under the Exchange Act. The timing and amount of any share repurchase is subject to prevailing market conditions, relevant securities laws and other considerations, and we are under no obligation to repurchase any specific number of shares. As of March 31, 2026, there remained $43.8 million of share repurchase availability under the 2021 Share Repurchase Program. During the three months ended March 31, 2026, we retired 566,408 treasury shares that had been previously purchased under the 2021 Share Repurchase Program. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.