Better Home & Finance (BETR) Proxy filing summary

Executive summary

• A limited-duration shareholder rights plan was adopted to protect public shareholders from a control attempt by the former CEO and an undisclosed group of investors.

• The rights plan is effective immediately and will expire at the 2027 Annual Meeting unless earlier terminated.

• The plan aims to ensure all shareholders are informed and have input on significant changes in control.

• The company continues to focus on its core business and customer service, with minimal disruption to daily operations.

• Forward-looking statements caution about risks and uncertainties, referencing the company’s risk factors in SEC filings.

Voting matters and shareholder proposals

• A consent revocation statement was filed in opposition to a solicitation by the former CEO’s group seeking to remove board members.

• Shareholders are urged to read all related SEC filings for important information regarding the consent revocation process.

Board of directors and corporate governance

• The Special Committee of the Board led the adoption of the rights plan to protect shareholder interests.

• Legal advisors were retained to assist the Board and Special Committee in this matter.

• The Board welcomes transparent shareholder engagement and does not intend to prevent legitimate proxy solicitation or offers.