Repay Holdings Board Adopts Limited-Duration Stockholders Rights Plan After Large Accumulation Of The Company's Stock

The Rights Plan is effective immediately and will expire on April 13, 2027, unless the Rights are earlier redeemed or exchanged. The Board intends to seek stockholder approval for any extension of the Rights Plan beyond its term. The Board adopted the Rights Plan in response to the significant accumulation of the Company's common stock. The Rights Plan is designed to allow all stockholders the opportunity to realize the long-term value of their investment by protecting against the accumulation of negative or actual control through open market purchases or other coercive tactics without appropriately compensating the Company's stockholders or allowing the Board sufficient time to make informed judgments.