9. SUBSEQUENT EVENTS

On October 14, 2026, the Company’s Board of Directors approved a special cash distribution of $1.50 per share on the Company’s outstanding common stock. The distribution will be paid on November 6, 2026, to stockholders of record as of October 26, 2026. The Company expects to fund the special cash distribution with available cash, including proceeds from the sale of the Company’s RUCKUS segment.

On November 4, 2026, the Company’s Board of Directors approved an additional authorization of $100.0 million under the Company’s share repurchase program as described above in Note 8, increasing the aggregate authorization to $350.0 million.

On November 5, 2026, the Company announced that Chuck Treadway will step down as President and Chief Executive Officer (“CEO”) of the Company, and as a member of the Vistance Board of Directors on February 1, 2027. The Board of Directors has launched a comprehensive search for the Company’s next CEO.