Better founder Vishal Garg seeks written consents to oust five directors, regain control of board

• Board special committee urged stockholders to reject Vishal Garg’s written-consent campaign to remove five of eight directors without naming replacements.
• Garg’s proposals sought bylaw rollbacks to the August 22, 2023 version, followed by director removals that would leave three directors to fill vacancies.
• Consent threshold set at 13,103,411 votes, a majority of voting power as of the August 21, 2026 record date, under Delaware law.
• Board said the bylaw proposal would have no effect unless the bylaws are amended before the solicitation ends, which it does not plan.
• Company disclosed about USD 2.1 million in activism-related costs to date, with total spending estimated at about USD 3.5 million.

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