Company: HOUS
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0001398987-25-000042
Chunk: 71

Company: Anywhere Real Estate Inc.
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 71
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 20% of the potential award may be earned based on achievement against metrics that measure the Company’s ability to effectively address changes to industry rules and practices relating to private off-market listings networks. The remaining 80% of the award is tied to a realized cost savings target of $100 million, which is in-line with the Company’s budget and is expected to require stretch performance and operational excellence to achieve in light of the over $575 million of cost savings achieved since 2021. Accordingly, the Committee also set a threshold goal applicable only to the portion of the award tied to the cost savings metric, which would result in a 75% payout if costs savings equal to or greater than $90 million but less than $100 million are achieved, with no payout for cost savings below $90 million. Mr. Schneider will not be entitled to earn more than 100% of the 2025 CEO Performance Award for performance that exceeds target under either metric and, as described above, any payout will be subject to the clawback provisions of the award. In selecting these metrics the Committee considered that approximately 91% of the CEO's target direct compensation is variable and at-risk with substantially all of such compensation tied to growth (including Operating EBITDA growth, Free Cash Flow generation, and share appreciation).

Exceptional Achievements Award. As more fully described in the Compensation Discussion and Analysis section of our 2024 proxy statement issued last year, in late 2023, the Board, based on recommendations from the Committee, considered the CEO’s extraordinary recent accomplishments that truly distinguished the Company from its competitors and his exemplary leadership in the current very challenging residential resale market and determined that a $5 million cash-based Exceptional Achievement Award was merited. The award, paid in November 2023, remained subject to clawback in the event that the CEO voluntarily terminated his service with the Company (without Good Reason) prior to March 1, 2025. Accordingly, this award will be reported in the “Bonus” column of the Summary Compensation Table as 2025 compensation in our 2026 proxy statement.

| 2025 Proxy Statement |     | 54 |

| TABLE OF CONTENTS |     | CORPORATE GOVERNANCE |     | PROPOSAL 1 |     | EXECUTIVE COMPENSATION |     | PROPOSAL 2 |     | PROPOSAL 3 |     | PROPOSAL 4 |     | PROPOSAL 5 |     | PROPOSAL 6 |     | STOCKHOLDER PROPOS