Better Home & Finance (BETR) Proxy filing summary

Executive summary

• Interim CEO Daniel Lewis emphasized a focus on excellence in non-QM lending and launching a robust wholesale solution to diversify credit buyers and improve customer service.

• Leadership transition confirmed, with Vishal Garg no longer serving as CEO due to a prior breach of fiduciary duty, as unanimously supported by the board except for Mr. Garg.

• The company is prioritizing sustained operational improvements over publicity-driven initiatives, aiming for steady execution and product quality.

Voting matters and shareholder proposals

• Board unanimously supports the removal of Vishal Garg as CEO, with only Mr. Garg dissenting.

Board of directors and corporate governance

• Board decisions are being made collectively, with a focus on stability and long-term strategy.

• Leadership is described as empowering teams and maintaining consistent priorities rather than frequent changes.