Outbrain Expects Q2 Adj EBITDA of $1M-$4M, FY24 Adj EBITDA of $30M-$35M

Second Quarter Guidance

The following forward-looking statements reflect our expectations for the second quarter and full year of 2024.

For the second quarter ending June 30, 2024, we expect:

• Ex-TAC gross profit of $53 million to $57 million

• Adjusted EBITDA of $1 million to $4 million

For the full year ending December 31, 2024, we continue to expect:

• Ex-TAC gross profit of $238 million to $248 million

• Adjusted EBITDA of $30 million to $35 million