TRAVELZOO 10-Q

Item 2: Unregistered Sales of Equity Securities and Use of Proceeds Repurchases of Equity Securities We repurchased 590,839 shares of our common stock during the three months ended March 31, 2025. Period Total Number of Shares Purchased Average Price paid per Share Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Shares that May Yet be Purchased Under the Program January 1, 2025–January 31, 2025 — $ — — 911,529 February 1, 2025–February 28, 2025 142,572 $ 15.53 142,572 768,957 March 1, 2025–March 31, 2025 448,267 $ 14.95 448,267 320,690 590,839 590,839 On October 23, 2024, the Company announced that its board of directors authorized the repurchase of up to 1,000,000 shares of the Company's outstanding common stock. For the three months ended March 31, 2025, the Company repurchased 590,839 shares of common stock for an aggregate purchase price of $8.9 million, excluding excise tax due under the Inflation Reduction Act of 2022, with such shares retired and recorded as a reduction of additional paid-in capital until extinguished with the remaining amount reflected as a reduction of retained earnings. As of March 31, 2025, there were 320,690 shares remaining to be repurchased under this program. Item 3: Defaults Upon Senior Securities None. Item 4: Mine Safety Disclosures None.