RE/MAX (RMAX) Proxy filing summary

Executive summary

• RE/MAX Holdings has entered into a definitive agreement to be acquired by The Real Brokerage, forming Real REMAX Group, a leading technology-enabled global real estate company expected to close in the second half of 2026, subject to approvals.

• Both REMAX and Real will continue to operate as separate brands, with REMAX maintaining its franchise model and brand identity post-transaction.

• The combined company will be led by Tamir Poleg as Chairman and CEO, with a 10-member board (7 from Real, 3 from REMAX Holdings).

• The transaction is valued at $13.80 per REMAX share, with shareholders able to elect cash or stock, subject to a cash cap.

• The combined entity is projected to have $2.3B in 2025 revenue, $157M in adjusted EBITDA, and over 180,000 agents in 120+ countries.

Voting matters and shareholder proposals

• Shareholders of both companies will be asked to approve the transaction, with proxy materials and a registration statement to be filed with the SEC and Canadian regulators.

• The transaction requires regulatory, court, and shareholder approvals, with closing targeted for the second half of 2026.

Board of directors and corporate governance

• The Real REMAX Group board will consist of 10 members: 7 from Real and 3 from REMAX Holdings.

• Tamir Poleg will serve as Chairman and CEO post-closing; Dave Liniger will step down as Chairman but remain a supporter.