Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 153

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 153
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 on May 15 and November 15.

In November 2020, Libman Family Holdings, LLC, purchased a portion of the 2025 Unsecured Notes. In October 2024, the related party exchanged all of their 2025 Unsecured Notes for Secured Notes.

Working Capital Promissory Notes

The Company has two Revolving Working Capital Promissory Note Agreements (the “Working Capital Promissory Notes”) outstanding with BTO Urban Holdings L.L.C. and Libman Family Holdings, LLC, which are deemed affiliates of the Company. Amounts under the Working Capital Promissory Notes may be re-borrowed and repaid from time to time until the relate d maturity date. The Working Capital Promissory Notes accrue interest monthly at a rate of 15.0% per annum and mature in May 2025.

#### Contractual Obligations and Commitments
The following table provides a summary of contractual obligations as of December 31, 2024 (in thousands):

| Contractual cash obligations: |     | Total |            |     | Less than 1 year |           |     | 1- 3  
 years |           |     | 3 - 5 
 years |         |     | More than 5 years |           |
|:------------------------------|:----|:------|-----------:|:----|:-----------------|----------:|:----|:------|----------:|:----|:------|--------:|:----|:------------------|----------:|
| Nonrecourse debt              |     | $     |  9,363,919 |     | $                | 1,894,677 |     | $     | 5,185,863 |     | $     | 727,448 |     | $                 | 1,555,931 |
| Warehouse lines of credit     |     |       |    438,328 |     |                  |   417,435 |     |       |    20,893 |     |       |       — |     |                   |         — |
| Other secured lines of credit |     |       |    479,919 |     |                  |    30,828 |     |       |    69,231 |     |       |       — |     |                   |   379,860 |
| Notes payable(1)              |     |       |    434,955 |     |                  |   137,