RE/MAX agrees to merge with Real Brokerage in cash-and-stock deal

• RE/MAX agreed to combine with The Real Brokerage in a transaction that will create a new holding company to be renamed Real REMAX Group.
• RE/MAX Class A shareholders can elect 5.15 shares of Real REMAX Group stock per share or USD 13.80 cash, subject to proration.
• Cash consideration for RE/MAX shareholders will be capped at USD 80 million and floored at USD 60 million.
• The Real Brokerage shareholders will receive 1 share of Real REMAX Group for each existing common share.
• Post-close ownership is expected to be about 59% for The Real Brokerage shareholders and about 41% for RE/MAX shareholders, assuming midpoint cash election.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RE/MAX Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-049628), on April 28, 2026, and is solely responsible for the information contained therein.