Transformed Business Model and Cost Structure

Robust multi-year capital return program Nearly $1 billion worth of shares repurchased Completed as of December 31, 2021 Remaining Authorization $200M $250M $250M $250M Prudent Capital Allocation $250M $1.2B Authorized July 2017 Authorized November 2018 Authorized February 2019 Authorized January 2020 Authorized August 2021 Total Repurchase Authorization 28

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