Better Home & Finance (BETR) Proxy filing summary

Executive summary

• Filed lawsuit against former CEO for alleged misrepresentations and violations of federal securities laws, seeking to protect shareholder interests.

• Seeks injunctive relief to prevent improper solicitation and require accurate disclosures from the former CEO.

• Plans to file a preliminary consent revocation statement to oppose efforts to remove current board members.

• Forward-looking statements caution about risks and uncertainties, referencing recent and upcoming SEC filings.

Voting matters and shareholder proposals

• Former CEO allegedly solicited shareholder support to replace the board without proper disclosures.

• Company urges shareholders to read forthcoming consent revocation materials before taking action.

Board of directors and corporate governance

• Leadership transition resulted in the former CEO stepping down by mutual agreement with independent directors.

• Board and executive officers are actively participating in the solicitation of consent revocations.