Company: HOUS
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0001398987-25-000042
Chunk: 9

Company: Anywhere Real Estate Inc.
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 9
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 full-year target of $120 million in our August 2024 earnings release). His award remains subject to clawback in the event that he voluntarily terminates his service with the Company (without Good Reason) prior to March 1, 2026.

Likewise, Ms. Simonelli's off-cycle retention and performance award granted in the first quarter of 2024, comprised of a cash-based award and cash-settled restricted stock units (the “Simonelli Award”), was earned based on achievement against a realized cost savings performance requirement as well as the successful repayment of our Term A Loan Facility. Her award remains subject to repayment if she voluntarily terminates her employment with the Company (without Good Reason) prior to February 28, 2026.

The real estate industry downturn has significantly reduced the realized value of PSUs

The current downturn of the residential real estate industry, now entering its fourth year, is historic in both its magnitude and duration and has dramatically reduced or eliminated the retentive value of outstanding awards in our incentive compensation programs for reasons outside of our control.

The table below summarizes historical and forecasted payouts under PSU awards as of December 31, 2024.

| PSU Award Cycle           
 and Metric                |     |      |                                 |     |                                |     |                              |     |                       |     |      |
| 2021                      |     |      |                            2022 |     |                           2023 |     |                         2024 |     |                  2025 |     | 2026 |
| 2021-2023 PSU Award(1)    |     |      |               Completed in 2023 
 (Aggregate Realized Value: 23%) |     |                                |     |                              |     |                       |     |      |
| rTSR(2)                   |     |      |                       No Payout |     |                                |     |                              |     |                       |     |      |
|                           |     | CFCF |       Below Target Payout (77%) |     |                                |     |                              |     |                       |     |      |
| 2022-2024 PSU Award(3)    |     |      |                                 |     |              Completed in 2024 
 (Aggregate Realized Value: 0%) |     |                              |     |                       |     |      |
| rTSR(2)                   |     |      |                                 |     |                      No Payout |     |                              |     |                       |     |