Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 215

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 215
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| FAH                         |     |             |         |     |                   |         |     |                                |         |
| Adjusted Tangible Net Worth |     | $           | 220,000 |     | $                 | 446,321 |     | $                              | 226,321 |
| Liquidity                   |     |             |  40,000 |     |                   |  45,282 |     |                                |   5,282 |
| Leverage Ratio              |     | 10:1        |         |     | 3.3:1             |         |     |                                | 297,445 |

15. Payables and Other Liabilities

Payables and other liabilities related to continuing operations consisted of the following (in thousands):

|                                            |     |   | December 31, 2024 |     |   | December 31, 2023 |
|:-------------------------------------------|:----|:--|------------------:|:----|:--|------------------:|
| Accrued and other liabilities              |     | $ |            63,898 |     | $ |            94,468 |
| Lease liabilities (Note 16 - Leases)       |     |   |            28,474 |     |   |            31,250 |
| Deferred purchase price liabilities(1)     |     |   |            18,354 |     |   |            12,780 |
| Ginnie Mae reverse mortgage buyout payable |     |   |            14,005 |     |   |            67,991 |
| Accrued compensation expense               |     |   |            13,222 |     |   |            13,080 |
| Total payables and other liabilities       |     | $ |           137,953 |     | $ |           219,569 |

( 1) As of December 31, 2024 and December 31, 2023, the Company had deferred purchase price liabilities of $ 15.0million and $ 8.1million, respectively, related to the closing of the AAG Transaction. Refer to Note 3 - Acquisitions for additional detail.

#### 149
| Finance of America Companies Inc.          
 Notes to Consolidated Financial Statements |

16. Leases

The table below summarizes the Company’s operating lease portfolio related to continuing operations (dollars in thousands).

|                                                  |     | December 31,