The LGL Group Announces Its Board Has Authorized A Share Repurchase Of $500K To $700K Under Its Existing Plan. Buyback, Expected To Start This Quarter, Will Target Up To 100K Shares

The LGL Group, Inc. (NYSE:LGL) ("LGL," "LGL Group," or the "Company") announced today that its Board of Directors authorized the commencement of the repurchase of $500,000 to $700,000 of shares of LGL Group common stock under its existing share repurchase plan at such times, amounts and prices management deems appropriate. The repurchase will be made subject to availability and relative to book value and is not expected to exceed 100,000 shares within its existing authority. This repurchase is expected to begin this quarter.

Additionally, LGL Group's warrants are exercisable today through November 17, 2025 and contain the following terms:

• Five (5) warrants to purchase one (1) share of common stock;
• Common stock can be purchased at a strike price of $4.75 per share;
• Oversubscription privilege available to warrant holders beginning October 16, 2025 that allows warrant holders to subscribe for additional shares of common stock that remain unsubscribed as a result of any unexercised Warrants; and
• No fractional shares will be issued.