Company: HOUS
Filing Date: 2025-12-02
Form Type: DEFM14A
Source: 0001628280-25-054793
Chunk: 105

Company: Anywhere Real Estate Inc.
Filing Date: 2025-12-02
Form: DEFM14A
Chunk 105
---
 transactions, Anywhere’s industry and the trading price of Anywhere’s common stock.

• Other strategic alternatives : The assessment of the Anywhere Board, based on industry experience and a deep understanding of Anywhere’s and its competitors’ businesses, of the operating environment and Anywhere’s standalone prospects and the opportunities, risks and challenges presented thereby, as well as an assessment of other strategic alternatives available to Anywhere for enhancing value over the long term, including the accelerating pace of technological change in Anywhere’s industry, ongoing macroeconomic conditions and expectations regarding the housing market, and the Anywhere Board’s belief, based upon such assessment, that the proposed merger offered greater benefits, with reduced risks, as compared to the value that could reasonably be expected to be obtained from Anywhere’s standalone plan and other alternatives available to Anywhere.

• Likelihood of closing : The likelihood that the merger would be completed (as well as the associated timeline) based on, among other things (and not in any relative order of importance):

• entry into the Compass voting and support agreement by Mr. Reffkin and certain funds affiliated with him, pursuant to which Mr. Reffkin and such funds (constituting approximately 28.0% of the voting power represented by the issued and outstanding shares of Compass common stock as of November 25, 2025) agreed to (i) vote their shares of Compass common stock in favor of the approval of the Compass share issuance proposal and (ii) not transfer their shares, subject to certain limited exceptions, on the terms and subject to the conditions set forth therein, as more fully described below under the section of this joint proxy statement/prospectus entitled “The Voting and Support Agreements”;

• entry into the Anywhere voting and support agreement by TPG/AG, pursuant to which TPG/AG (constituting approximately 8.6% of the voting power represented by the issued and outstanding shares of Anywhere common stock as of November 25, 2025) agreed to, among other things, (i) vote their shares of Anywhere common stock in favor of the adoption of the merger agreement and (ii) not transfer their shares, subject to certain exceptions;

• the absence of a financing condition of any kind in the merger agreement;

• the fact that Compass obtained committed debt financing to fund certain costs relating to the consummation of the merger, including the repayment of certain outstanding indebtedness of Anywhere and its subsidiaries;

<div align='center'>57</div>

• the likelihood