Company: FOACW
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001193125-25-065614
Chunk: 43

Company: Finance of America Companies Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 43
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 effective on July 25, 2024), (y) 2.5% of the total number of shares of Class A Common Stock outstanding on the last day of the immediately preceding fiscal year, treating, for the avoidance of doubt, all then-outstanding FOA Units as shares of Class A Common Stock assuming the full exchange of then-outstanding FOA Units for shares of Class A Common Stock in accordance with the Exchange Agreement (as discussed below), and (z) a lower number of shares of Class A Common Stock as determined by the Board. The Board ratified evergreen increases of 473,622, 469,692 and 531,250 shares effective January 1, 2022, January 1, 2023 and January 1, 2024, respectively (accounting for adjustments for the Company’s 10:1 reverse stock split effective on July 25, 2024). |

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PROPOSAL NO. 3—RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM The audit committee has selected BDO USA, P.C. to serve as our independent registered public accounting firm for 2025. Although ratification is not required by our Bylaws or otherwise, the Board is submitting the selection of BDO USA, P.C. to our stockholders for ratification because we value our stockholders’ views on the Company’s independent registered public accounting firm. If our stockholders fail to ratify the selection, it will be considered as notice to the Board and the audit committee to consider the selection of a different firm. Even if the selection is ratified, the audit committee, in its discretion, may select a different independent registered public accounting firm at any time during the year if it determines that such a change would be in the best interests of the Company and our stockholders. A representative of BDO USA, P.C. is expected to be present at the Annual Meeting. The representative will also have the opportunity to make a statement if he or she desires to do so, and the representative is expected to be available to respond to appropriate questions. The shares represented by your proxy will be voted “FOR” the ratification of the selection of BDO USA, P.C. unless you specify otherwise. Audit and Non-AuditFees The following table presents the aggregate fees billed for professional services rendered by BDO for the fiscal year ended December 31, 2024 and for the fiscal year ended December 31, 2023.

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