RE/MAX (RMAX) Proxy filing summary

Executive summary

• Real Brokerage announced an $880 million acquisition of RE/MAX Holdings, combining Real's 33,000 agents and AI-enabled platform with RE/MAX's 8,500 franchise offices and global brand, forming Real REMAX Group with over 180,000 professionals in 120+ countries.

• The transaction is structured as an all-stock and cash deal, expected to close in the second half of 2026, pending shareholder, regulatory, and court approvals.

• Leadership will include Tamir Poleg as chairman and CEO, with both brands operating independently to preserve their identities and strengths.

• The merger aims to leverage Real's technology and REMAX's scale, offering optional tech integration to franchisees and focusing on agent productivity and consumer experience.

• The deal is positioned as a strategic response to industry consolidation, with both companies emphasizing cultural alignment and complementary business models.

Voting matters and shareholder proposals

• Major shareholders, including REMAX's co-founder with 38% voting power and Real's officers/directors with 16% of shares, have committed to support the transaction.

• Shareholder approval is required, with proxy materials and management circulars to be distributed for voting.

Board of directors and corporate governance

• Upon closing, Tamir Poleg will serve as chairman and CEO of the combined entity.

• Information about directors and executive officers is available in prior annual meeting materials and will be updated in forthcoming proxy statements.