Better shareholders seek to oust board in Vishal Garg-led consent drive ahead of 2027 meeting

• Better adopted a limited-duration shareholder rights plan ahead of its 2027 annual meeting amid a control fight involving former CEO Vishal Garg.
• Board committee accused Garg of coordinating with an undisclosed investor group to seize control without paying a control premium.
• Plan issues one right per Class A, B, C share to holders of record on Aug. 31, 2026.
• Rights become exercisable if any person or group reaches 15% ownership of any class or 15% of voting power.
• Company filed a preliminary consent revocation statement opposing Garg’s written-consent campaign to remove directors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Better Home & Finance Holding Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20260820337689) on August 20, 2026, and is solely responsible for the information contained therein.