Better Home & Finance (BETR) Proxy filing summary

Executive summary

• Special Committee urges shareholders to revoke consents supporting former CEO Garg's campaign to regain board control, citing his history of unfulfilled promises and operational shortcomings.

• Company highlights its AI-driven mortgage platform and recent leadership changes aimed at driving growth, profitability, and long-term shareholder value.

• Forward-looking statements caution about risks and uncertainties, referencing recent SEC filings for detailed risk factors.

Voting matters and shareholder proposals

• Shareholders are asked to sign and return the WHITE consent revocation card to oppose Garg's attempt to remove board members.

• The board unanimously supports new leadership and opposes Garg's proxy campaign, emphasizing the need for disciplined execution.

• Shareholders who previously supported Garg can revoke their consent at any time by submitting the WHITE card.

Board of directors and corporate governance

• Board, excluding Garg, unanimously decided to change leadership due to a pattern of unmet commitments under his tenure.

• Special Committee formed to address the proxy contest and communicate with shareholders.

• Board and management are focused on leveraging technology and talent to realize the company's potential.