Better Home & Finance (BETR) Proxy filing summary

Executive summary

• ISS, a leading proxy advisor, recommended shareholders oppose Vishal Garg's campaign to remove a majority of the board and instead support the board's consent revocation proposals.

• The board's special committee called Garg's campaign costly and distracting, urging shareholders to focus on business stability and the ongoing CEO search.

• Shareholders are encouraged to sign and return the WHITE consent revocation card to counter any prior support for Garg's proposals.

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

Voting matters and shareholder proposals

• Vishal Garg initiated a consent solicitation to remove five board members, which the board opposes.

• ISS recommended shareholders revoke any consent given to Garg's proposals and support the board's position.

• Shareholders can revoke previous consents by submitting the WHITE consent revocation card.

Board of directors and corporate governance

• ISS cited Garg's leadership as a key factor in the company's value loss and supported the board's decision to part ways with him.

• The board's special committee unanimously opposes Garg's attempt to overhaul the board, emphasizing continuity and stability.