eXp World (EXPI) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on April 25, 2025, with voting rights for shareholders of record as of February 28, 2025.

• Four management proposals are up for vote: election of six directors, ratification of Deloitte & Touche LLP as auditor, advisory approval of executive compensation, and advisory vote on frequency of say-on-pay.

• The company emphasizes an agent-centric, cloud-based brokerage model and continued growth despite challenging macroeconomic conditions in real estate.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of six directors, (2) ratification of Deloitte & Touche LLP as independent auditor for 2025, (3) advisory approval of 2024 executive compensation, and (4) advisory vote on frequency of say-on-pay (board recommends every 1 year).

• Board recommends voting FOR all director nominees, FOR auditor ratification, FOR executive compensation, and for annual say-on-pay votes.

• Glenn Sanford and Penny Sanford collectively control a significant voting block, able to substantially influence board elections.

Board of directors and corporate governance

• The board consists of six members with diverse backgrounds in real estate, finance, technology, and sustainability.

• Board committees include Audit, Compensation, Nominating and Corporate Governance, Sustainability, and Equity Committees, all with defined responsibilities and annual self-evaluations.

• Majority of directors are independent; board refreshment and diversity are ongoing priorities.

• The board structure supports long-term value creation and agent representation, with a dedicated agent director seat.