# EDGAR Filing Document

**Accession Number:** 0001698661
**File Stem:** 0001213900-25-069163
**Filing Date:** 2025-7
**Character Count:** 47275
**Document Hash:** dd03ce6008a8f6a99377f704493a7a46
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-069163.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001213900-25-069163

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250730

**EFFECTIVENESS DATE**: 20250730

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Snow Phipps Group, LLC
- **CENTRAL INDEX KEY:** 0001698661

**ORGANIZATION NAME:**
- **EIN:** 283719612
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20701
- **FILM NUMBER:** 251166139

**BUSINESS ADDRESS:**
- **STREET 1:** 545 MADISON AVE., 10TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-508-3330

**MAIL ADDRESS:**
- **STREET 1:** 545 MADISON AVE., 10TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001698661

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [x]

## N-PX: Cover Page

**Name of reporting person:** Snow Phipps Group, LLC

**Address:** 545 Madison Ave., 10th Floor, New York, X1 10022

**Telephone number:** 212-508-3308

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-20701

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER           | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                                                                                                                                         | VOTE CATEGORY      |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO                                                                                                                  |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Laureate Education Inc   | 518613203 | 05/22/2025     | Vote Directors: Election of Director: Andrew B. Cohen Election of Director: William J. Davis Election of Director: Pedro del Corro Election of Director: Aristides de Macedo Election of Director: Kenneth W. Freeman Election of Director: Barbara Mair Election of Director: George Muñoz Election of Director: Dr. Judith Rodin Election of Director: Eilif Serck-Hanssen Election of Director: Ian K. Snow Board Recommendation: For | DIRECTOR ELECTIONS |           5967 |                0 | FOR         |                                     5967 | FOR                         | These shares are held by SPG LLC                                                                                            |
| Laureate Education Inc   | 518613203 | 05/22/2025     | To approve, by advisory vote, the compensation of the named executive officers.                                                                                                                                                                                                                                                                                                                                                          | COMPENSATION       |           5967 |                0 | FOR         |                                     5967 | FOR                         | These shares are held by SPG LLC                                                                                            |
| Laureate Education Inc   | 518613203 | 05/22/2025     | To ratify the appointment of PricewaterhouseCoopers LLP as Laureate's independent registered public accounting firm for the year ending December 31, 2025.                                                                                                                                                                                                                                                                               | OTHER              |           5967 |                0 | FOR         |                                     5967 | FOR                         | These shares are held by SPG LLC                                                                                            |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Dorika M. Beckett Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Michael W. Chiao Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Christopher D. Farrar Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Alan H. Mantel Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                           | DIRECTOR ELECTIONS |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John P. Pitstick Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John A. Pless Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Joy L. Schaefer Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Omar M. Maasarani Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve 2024 executive compensation on an advisory basis. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                      | COMPENSATION       |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Ratify RSM US LLP as independent auditor for 2025.Board Recommendation:For                                                                                                                                                                                                                                                                                                                                                               | OTHER              |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve the Increase to the Share Reserve Under our 2020 Omnibus Incentive Plan. More Details Board Recommendation: For                                                                                                                                                                                                                                                                                                                  | OTHER              |         642654 |                0 | FOR         |                                   642654 | FOR                         | SPGs Velocity shares are held by multiple entities. These 642,654 shares are held by Snow Phipps Group (RPV), L.P.          |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Dorika M. Beckett Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Michael W. Chiao Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Christopher D. Farrar Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Alan H. Mantel Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                           | DIRECTOR ELECTIONS |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John P. Pitstick Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John A. Pless Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Joy L. Schaefer Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Omar M. Maasarani Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve 2024 executive compensation on an advisory basis. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                      | COMPENSATION       |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Ratify RSM US LLP as independent auditor for 2025. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                             | OTHER              |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve the Increase to the Share Reserve Under our 2020 Omnibus Incentive Plan. More Details Board Recommendation: For                                                                                                                                                                                                                                                                                                                  | OTHER              |          61719 |                0 | FOR         |                                    61719 | FOR                         | SPGs Velocity shares are held by multiple entities. These 61,719 shares are held by Snow Phipps Group (B), L.P.             |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Dorika M. Beckett Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Michael W. Chiao Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Christopher D. Farrar Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Alan H. Mantel Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                           | DIRECTOR ELECTIONS |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John P. Pitstick Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John A. Pless Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Joy L. Schaefer Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Omar M. Maasarani Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve 2024 executive compensation on an advisory basis. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                      | COMPENSATION       |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Ratify RSM US LLP as independent auditor for 2025. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                             | OTHER              |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve the Increase to the Share Reserve Under our 2020 Omnibus Incentive Plan. More Details Board Recommendation: For                                                                                                                                                                                                                                                                                                                  | OTHER              |          48851 |                0 | FOR         |                                    48851 | FOR                         | SPGs Velocity shares are held by multiple entities. These 48,851 shares are held by SPG Co-Investment, L.P.                 |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Dorika M. Beckett Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Michael W. Chiao Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Christopher D. Farrar Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Alan H. Mantel Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                           | DIRECTOR ELECTIONS |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John P. Pitstick Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John A. Pless Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Joy L. Schaefer Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Omar M. Maasarani Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve 2024 executive compensation on an advisory basis. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                      | COMPENSATION       |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Ratify RSM US LLP as independent auditor for 2025. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                             | OTHER              |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve the Increase to the Share Reserve Under our 2020 Omnibus Incentive Plan. More Details Board Recommendation: For                                                                                                                                                                                                                                                                                                                  | OTHER              |       12339174 |                0 | FOR         |                                 12339174 | FOR                         | SPGs Velocity shares are held by multiple entities. These 12,339,174 shares are held by Snow Phipps Group AIV, L.P.         |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Dorika M. Beckett Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Michael W. Chiao Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Christopher D. Farrar Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Alan H. Mantel Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                           | DIRECTOR ELECTIONS |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John P. Pitstick Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: John A. Pless Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Joy L. Schaefer Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Election of Director: Omar M. Maasarani Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve 2024 executive compensation on an advisory basis. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                      | COMPENSATION       |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Ratify RSM US LLP as independent auditor for 2025. Board Recommendation: For                                                                                                                                                                                                                                                                                                                                                             | OTHER              |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |
| Velocity Financial, Inc. | 92262D101 | 05/23/2025     | Approve the Increase to the Share Reserve Under our 2020 Omnibus Incentive Plan. More Details Board Recommendation: For                                                                                                                                                                                                                                                                                                                  | OTHER              |         260705 |                0 | FOR         |                                   260705 | FOR                         | SPGs Velocity shares are held by multiple entities. These 260,705 shares are held by Snow Phipps Group AIV (Offshore), L.P. |

## N-PX: Signature Block

**Reporting Person:** Snow Phipps Group, LLC

**By (Signature):** Alisen Pappalardo

**By (Printed Signature):** Alisen Pappalardo

**By (Title):** Chief Compliance Officer

**Date:** 07/30/2025