QVC Group Board Approves 1-for-5o Reverse Sock Split Of Series A Common Stock And Intention To Voluntarily Delist Series B Common Stock And Transfer Listing To OTC Markets

QVC Group, Inc. ("QVC Group" or the "Company") (NASDAQ:QVCGA, QVCGB, QVCGP))) today announced that its Board of Directors approved a 1-for-50 reverse stock split of the Company's Series A common stock, par value $0.01 per share ("QVCGA"), and Series B common stock, par value $0.01 per share ("QVCGB"). The reverse stock split was approved by stockholders at the Company's annual meeting of stockholders held on May 12, 2025 at a ratio of at least 1-for-2 and up to 1-for-50, with the exact ratio within that range to be determined by the Company's Board of Directors (or a committee thereof). The reverse stock split is expected to legally take effect at 4:01 p.m. ET, May 22, 2025. QVCGA and QVCGB will open for trading on The Nasdaq Capital Market on a split-adjusted basis on May 23, 2025 under their respective current ticker symbols, though, as discussed in further detail below, the Company will shortly seek to voluntarily delist QVCGB from The Nasdaq Capital Market. Shares of QVCGP will not be impacted by the reverse stock split.