Entry into a Material Definitive Agreement.

Marchex, Inc. (the "Company") previously reported in its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the "Form 10-K") that the Company had determined that a settlement of the civil action captioned Chris Barnard and Sinc McEvenue v. Marchex, Inc., C.A. No. 1:22-cv-01382-RGA, pending in the United States District Court for the District of Delaware, was probable and accordingly recorded an expense accrual in its 2025 Consolidated Financial Statements for the expected settlement amount. On April 14, 2026, the Company entered into a Settlement Agreement (the "Agreement") with respect to this civil action for such expected settlement amount, which resolves all claims related to this matter. Pursuant to the Agreement, the Company will pay $750,000 (and agree to the release of $250,000 held in escrow by U.S. Bank) on or before May 14, 2026, and $500,000 on each of November 16, 2026 and May 17, 2027. See Note 10 of the Notes to Consolidated Financial Statements of the Company in Part II, Item 8 and to Item 3. Legal Proceedings in Part I of the Form 10-K, for further discussion of this matter.