Company: HOUS
Filing Date: 2025-09-22
Form Type: 425
Source: 0001193125-25-210060
Chunk: 36

Company: Anywhere Real Estate Inc.
Filing Date: 2025-09-22
Form: 425
Chunk 36
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 of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and shall represent one (1) fully paid and nonassessable share of common stock, par value $0.01 per share, of the
Surviving Corporation, which shall constitute the only outstanding share of common stock of the Surviving Corporation immediately following the Effective Time.

(b) .

(i) Subject to the other provisions of this , each share of common stock, par value $0.01 per share, of the
Company (“”), issued and outstanding immediately prior to the Effective Time (excluding any Excluded Shares and any Converted Shares) (such shares of Company Common Stock, the “”), shall be converted into the right to receive from Parent that number of fully paid and nonassessable shares of Parent Class A Common Stock equal to the Exchange Ratio (the “”), subject
to . As used in this Agreement, “” means 1.436.

-20-

(ii) All such shares of Company Common Stock, when so converted, shall cease
to be outstanding and shall automatically be canceled and cease to exist. Each holder of a share of Company Common Stock that was outstanding immediately prior to the Effective Time (other than Excluded Shares and Converted Shares) shall cease to
have any rights with respect thereto, except the right to receive (A) the Merger Consideration, (B) any dividends or other distributions in accordance with and (C) any cash to be paid in lieu
of any fractional shares of Parent Class A Common Stock in accordance with , in each case to be issued or paid in consideration therefor upon the exchange of any Book-Entry Shares in accordance with
.

(iii) All shares of Company Common Stock owned, directly or indirectly, by the
Company or by Parent or Merger Sub immediately prior to the Effective Time and, in each case, not held on behalf of third parties (collectively, “”) shall automatically be canceled and cease to exist as of the
Effective Time, and no consideration shall be delivered in exchange therefor. Each share of Company Common Stock that is owned by any direct or indirect Subsidiary of the Company or Parent (other than Merger Sub) (“”) shall automatically be converted into a number of fully paid and nonassessable shares of Parent Common Stock equal to the Exchange Ratio (subject to adjustment in accordance with ).

(c) In the event of any change in (i) the number of shares of Company Common Stock, or securities
convertible or exchange