Repurchase of 2029 1L Notes and 2031 Notes
On July 21, 2026, Gray Media, Inc. (the "Company") repurchased, in a privately negotiated transaction, $100 million aggregate principal amount of the Company's 10.500% senior secured first lien notes due 2029 and $20 million aggregate principal amount of the Company's 5.375% senior notes due 2031, in each case, at a purchase price of par plus accrued and unpaid interest on the respective notes to the date of repurchase. The repurchase was funded using available liquidity, including cash on hand and borrowings under the Company's existing revolving credit facility.