SCHEDULE 13D/A 0001104659-20-123587 0001442083 XXXXXXXX LIVE 2 Common Stock, Par Value $0.0001 Per Share 01/13/2025 false 0001800227 44891N208 IAC Inc.

555 West 18th Street New York NY 10011

Marc Trevino, Esq. (212) 558-4239 125 Broad Street Sullivan & Cromwell LLP New York NY 10004 0001442083 N Joseph M. Levin N X1 1021686.00 0.00 1021686.00 0.00 1021686.00 N 1.3 IN This amended statement on Schedule 13D/A relates to the common stock, par value $0.0001 (the "Common Stock"), of IAC Inc. ("IAC" or the "Company"). The Report on Schedule 13D, originally filed with the Securities and Exchange Commission (the "Commission") by Mr. Levin on November 5, 2020 and amended on June 9, 2021 (the "Levin Schedule 13D"), is hereby amended and supplemented to include the information set forth in this amended statement on Schedule 13D/A. This amended statement on Schedule 13D/A constitutes Amendment No. 2 to the Levin Schedule 13D ("Amendment No. 2"). Capitalized terms not defined herein have the meanings given to such terms in the Levin Schedule 13D. Common Stock, Par Value $0.0001 Per Share IAC Inc. 555 West 18th Street New York NY 10011 The information contained in Item 1 of the Levin Schedule 13D is hereby amended to read in its entirety as follows: This Amendment No. 2 on Schedule 13D/A relates to the Common Stock of IAC, the principal executive offices of which are located at 555 West 18th Street, New York, NY 10011. As of the date of this Amendment No. 2 on Schedule 13D/A, Mr. Levin beneficially owns (A) 321,686 shares of Common Stock directly and (B) 700,000 shares of Common Stock vested underlying stock options held directly by Mr. Levin, in each case, over which Mr. Levin has sole investment power and sole voting power. Assuming the exercise of stock options to purchase 700,000 shares of Common Stock (even if out-of-the-money) held by Mr. Levin, Mr. Levin may be deemed to beneficially own approximately 1.3% of the outstanding Common Stock (calculated in accordance with Rule 13d-3). The foregoing percentage ownership information is based on 80,479,073 shares of Common Stock outstanding as of November 8, 2024, as set forth in IAC's Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, which was filed with the Commission on November 12, 2024. See Item 5(a). Except as described herein, Mr. Levin has not effected any transactions in the shares of Common Stock during the past 60 days. No person other than Mr. Levin has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, shares of Common Stock beneficially owned by Mr. Levin. As a result of the transactions described herein (see Item 6), January 13, 2025. On January 13, 2025, Mr. Levin and IAC entered into an employment transition agreement, dated January 13, 2025 (the "ETA"). Pursuant to the ETA, Mr. Levin has agreed to transition out of his role as Chief Executive Officer of the Company and will resign from the IAC board of directors, in each case, effective upon the first to occur of the completion of the proposed separation of Angi Inc. from the Company and May 31, 2025. Pursuant to the ETA, the Voting Agreement was terminated, and the 3,000,000 Restricted Shares were cancelled and forfeited by Mr. Levin, in each case, as of January 13, 2025. The information contained in Item 7 of the Levin Schedule 13D is hereby amended to read in its entirety as follows: 1. Employment Transition Agreement, dated as of January 13, 2025, by and between IAC Inc. and Joseph Levin (filed as Exhibit 10.1 to IAC Inc.'s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 13, 2025, and incorporated herein by reference). Joseph M. Levin /s/ Joseph M. Levin 01/16/2025