Regulation FD Disclosure (Form 8-K)

As previously announced, on January 6, 2025, Shutterstock, Inc. (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement"), by and among Getty Images Holdings, Inc. ("Getty Images"), the Company and certain other parties. After reviewing the proposed merger, the U.K. Competition and Markets Authority (the "CMA") conditioned its required clearance of the transactions contemplated by the Merger Agreement upon a sale of the Company's editorial business.

On June 30, 2026, Getty Images filed an 8-K announcing that its Board of Directors unanimously resolved (a) not to proceed with the process to sell the Company's editorial business under the supervision of the CMA, and (b) to terminate the Merger Agreement following the passage of the Second Extended End Date (as defined in the Merger Agreement) on July 6, 2026, assuming no material change in the aforementioned circumstances prior to July 7, 2026.

"Looking ahead, Shutterstock is operating from a position of strength," said Paul Hennessy, CEO of Shutterstock. "We have a strong track record as a standalone company and remain firmly focused on executing our strategy and capitalizing on the significant opportunities ahead of us. Our strong cash position, modest leverage and robust free cash flow generation will enable us to continue to invest in our product offerings, our customers and our people."

"The Shutterstock team has served our customers with distinction and will continue to do so. We are all energized and feel well equipped for the road ahead," added Hennessy.

The Company will provide an update on its business and strategic plans as part of its second quarter earnings release.

The first two paragraphs of Item 7.01 above are hereby incorporated into this Item 8.01 by reference.