Company: HOUS
Filing Date: 2025-12-02
Form Type: DEFM14A
Source: 0001628280-25-054793
Chunk: 144

Company: Anywhere Real Estate Inc.
Filing Date: 2025-12-02
Form: DEFM14A
Chunk 144
---
 examined, compiled nor applied agreed-upon procedures with respect to the Projections and, accordingly, PricewaterhouseCoopers LLP does not express an opinion or any other form of assurance with respect thereto. The PricewaterhouseCoopers LLP reports incorporated by reference and included in this document relate to Compass’, Anywhere’s and AWPH, LLC’s previously issued financial statements. They do not extend to the Projections and should not be read to do so.

The inclusion of the Projections should not be regarded as an indication that Anywhere, Compass, their respective boards of directors, their respective financial advisors or any other recipient of the Projections considered, or now considers, the Projections to be predictive of Anywhere’s, Compass’ or the combined company’s performance or actual future results. The Projections were not prepared with a view toward compliance with published guidelines of the SEC or the guidelines established by the American Institute of Certified Public Accountants for preparation or presentation of prospective financial information. Further, the inclusion of the Projections in this joint proxy statement/prospectus does not constitute an admission or representation by Anywhere or Compass that the information presented is material.

In light of the foregoing factors and the uncertainties inherent in the Projections, Anywhere stockholders and Compass stockholders are cautioned not to place undue reliance on the Projections.

#### Anywhere Projections
The following table summarizes the Anywhere Projections ($ in millions) for the second half of fiscal year 2025 through fiscal year 2027:

|                             |     | 2H 2025E |       |     | 2026E |       |     | 2027E |       |
|:----------------------------|:----|:---------|------:|:----|:------|------:|:----|:------|------:|
| Revenue                     |     | $        | 3,037 |     | $     | 6,195 |     | $     | 6,495 |
| Operating EBITDA(1)         |     | $        |   218 |     | $     |   420 |     | $     |   525 |
| Unlevered Free Cash Flow(2) |     | $        |   152 |     | $     |   235 |     | $     |   328 |

__________________

(1) Operating EBITDA is a non-GAAP financial measure and is defined as net income (loss) adjusted for depreciation and amortization, interest