Offerpad Solutions (OPAD) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held virtually on June 3, 2026, with shareholders voting on key proposals including director elections, auditor ratification, executive compensation, and a reverse stock split amendment.

• Shareholders of record as of April 9, 2026, are entitled to vote, with each share of Class A common stock carrying one vote.

• The Board recommends voting in favor of all proposals, including the election of two Class II directors, ratification of Deloitte & Touche LLP, approval of executive compensation, and the reverse stock split.

Voting matters and shareholder proposals

• Proposals include electing Donna Corley and Tela Mathias as Class II directors, ratifying Deloitte & Touche LLP as auditor, approving executive compensation on an advisory basis, and amending the Certificate of Incorporation for a reverse stock split (1-for-5 to 1-for-50 ratio).

• The reverse stock split aims to regain NYSE compliance and maintain listing requirements.

• Shareholders may submit proposals for the 2027 meeting by December 2026, following specific bylaw requirements.

Board of directors and corporate governance

• The Board consists of six members, with staggered three-year terms across three classes.

• Four directors are deemed independent under NYSE rules.

• Committees include Audit, Compensation, and Nominating and Corporate Governance, each with defined charters and responsibilities.

• The Board regularly holds executive sessions and has a Lead Director to facilitate independent oversight.