
Board changes support Better&#39;s execution against its strategic priorities and long-term growth objectives.


Better Home &amp; Finance Holding Company (NASDAQ:BETR) (the &#34;Company&#34;), the leading AI-native

<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
<i xmlns="http://www.w3.org/1999/xhtml">Board changes support Better&#39;s execution against its strategic priorities and long-term growth objectives.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Better Home &amp; Finance Holding Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BETR">BETR</a>) (the "Company"), the leading AI-native homeownership company, today announced changes to its Board of Directors (the "Board"), effective July 27, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Daniel Lewis, Founder and Managing Partner of Orange Capital, has been appointed to the Company&#39;s Board of Directors. Mr. Lewis brings more than 30 years of investment and operating experience. He began his career at Citigroup before founding Orange Capital in 2005, where he continues to serve as Chief Executive Officer. Mr. Lewis is also a significant shareholder of Better.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;Daniel has spent his career helping companies sharpen their strategy, improve capital allocation, and create long-term shareholder value,&#34; said Vishal Garg, Founder and Chief Executive Officer of Better. &#34;As Better continues its transformation into an AI-powered mortgage platform, Daniel&#39;s experience in operational execution, capital markets, and regulated industries will strengthen our Board and help guide the Company&#39;s next phase of growth.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;Better&#39;s platform is redefining the mortgage experience by using AI and automation to make homeownership more efficient, transparent, and affordable,&#34; said Lewis. &#34;What stood out to me is the discipline behind the Company&#39;s transformation. Better has built a differentiated technology platform while making the difficult operational changes necessary to position the business for profitable growth. I look forward to supporting the Board and management team as they advance the Company&#39;s strategy and work to create long-term value for shareholders.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;We&#39;re delighted to welcome Daniel to our Board of Directors,&#34; said Harit Talwar, Chairman of Better&#39;s Board. &#34;His experience in governance, capital allocation, and operational execution will be a valuable addition to the Board as Better executes its strategy and work toward its 2026 objectives.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Company also announced that David Barse stepped down from the Board of Directors, effective July 27, 2026, to pursue new opportunities. The Board thanks Mr. Barse for his dedicated service and valuable contributions to Better and wishes him continued success in his future endeavors. Mr. Barse&#39;s departure was not the result of any disagreement with the Company on any matter relating to the Company&#39;s operations, policies, or practices.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Better Home &amp; Finance Holding Company
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Better Home &amp; Finance Holding Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BETR">BETR</a>) is the first AI-native mortgage and home equity finance platform, and first fintech to fund more than $110 billion in loan volume. Since 2016, Better has leveraged its industry-leading AI platform, Tinman&#xAE;, to achieve a singular mission of making homeownership cheaper, faster, and easier for all Americans. Tinman&#xAE; allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy&#x2122;, leveraging Tinman MCP, the first AI loan agent built exclusively for the mortgage industry, is revolutionizing the homebuying journey by delivering timely application status updates to consumers, answering questions, and moving their loan application along 24/7/365. Better’s mortgage offerings include GSE-conforming, FHA, VA loans, jumbo, and Non-QM mortgage loans as well as home equity loans. Better serves customers in all 50 US states.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For more information, follow @betterdotcom on Instagram and TikTok and @betrmortgage on X.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-looking Statements
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release that are not historical fact should be considered forward-looking statements, including, without limitation, statements and expectations regarding contributions from Daniel Lewis to the Company and its Board of Directors. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "could," "would," "project," "plan," "target," or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual future events to differ materially from those expressed or implied by the forward-looking statements in this communication. These risks and uncertainties include those risks discussed in the section entitled "Risk Factors" in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as any such factors may be updated from time to time in the Company’s other filings with the SEC, which is available, free of charge, at the SEC’s website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2F&amp;esheet=54579720&amp;newsitemid=20260729444142&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=2754f2c2c0d4e67cfdfccfa56f3e7897" shape="rect">www.sec.gov</a>. New risks and uncertainties arise from time to time, and it is impossible for Better to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Better undertakes no obligation, except as required by law, to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260729444142r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260729444142/en/" rel="nofollow">https://www.businesswire.com/news/home/20260729444142/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
For investor relations related inquiries, please reach out to <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@better.com" shape="rect">ir@better.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
For press and media related inquiries, please reach out to <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:comms@better.com" shape="rect">comms@better.com</a>

</p>

BETR

Better Home & Finance Announces Changes to its Board of Directors

BETR Adds Daniel Lewis to Board as Barse Steps Down

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Board changes support Better&amp;#39;s execution against its strategic priorities and long-term growth objectives.


Better Home &amp;amp; Finance Holding Company (NASDAQ:BETR) (the &amp;#34;Company&amp;#34;), the leading AI-native</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BETR announced Daniel Lewis joining its Board and David Barse stepping down, effective July 27, 2026. Lewis, founder of Orange Capital and a sizable BETR shareholder, brings governance, capital allocation, and regulatory experience to guide the AI-driven mortgage platform&#039;s next growth phase. The changes underscore BETR&#039;s focus on executing its 2026 objectives and long-term value creation.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BETR adds Daniel Lewis to the Board; Barse steps down July 27, 2026.</li><li>Daniel Lewis joins BETR Board; founder of Orange Capital with 30+ years&#039; experience. Significant BETR shareholder.</li><li>Board changes support BETR&#039;s AI-native mortgage strategy and 2026 objectives.</li><li>David Barse exits July 27, 2026; pursuing new opportunities with no disclosed disputes.</li><li>BETR highlights Tinman AI platform and Betsy AI agent; $110B loan volume since 2016.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Better Home &amp; Finance Holding Company (BETR)</strong>: Board changes announced; potential near-term price reaction from governance shift.</li><li><strong>Orange Capital (N/A)</strong>: Daniel Lewis is founder/CEO; significant BETR shareholder; potential strategic influence.</li><li><strong>Vishal Garg (BETR)</strong>: CEO commenting on strategy; leadership continuity amid governance changes.</li><li><strong>David Barse (N/A)</strong>: Outgoing board member; departure date July 27, 2026; governance transition.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Fits as leadership changes with governance implications for BETR&#039;s AI-mortgage strategy and 2026 objectives.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Daniel Lewis appointment signals potential improvement in governance and capital allocation.</li><li>Barse exit may cause short-term board dynamics uncertainty until replacements settle.</li><li>Reaffirmation of 2026 objectives keeps focus on AI-driven growth catalysts.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Effective July 27, 2026, Daniel Lewis joins BETR Board.</li><li>David Barse steps down from BETR Board effective July 27, 2026.</li><li>Vishal Garg is founder and CEO of Better.</li><li>BETR asserts Tinman AI platform powers its mortgage operations.</li><li>$110 billion in loan volume funded since 2016.</li><li>BETR serves customers in all 50 US states.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Trading thesis: mildly bullish near-term on governance; expect impact within 1–3 quarters.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
<i xmlns="http://www.w3.org/1999/xhtml">Board changes support Better&#39;s execution against its strategic priorities and long-term growth objectives.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Better Home &amp; Finance Holding Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BETR">BETR</a>) (the "Company"), the leading AI-native homeownership company, today announced changes to its Board of Directors (the "Board"), effective July 27, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Daniel Lewis, Founder and Managing Partner of Orange Capital, has been appointed to the Company&#39;s Board of Directors. Mr. Lewis brings more than 30 years of investment and operating experience. He began his career at Citigroup before founding Orange Capital in 2005, where he continues to serve as Chief Executive Officer. Mr. Lewis is also a significant shareholder of Better.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;Daniel has spent his career helping companies sharpen their strategy, improve capital allocation, and create long-term shareholder value,&#34; said Vishal Garg, Founder and Chief Executive Officer of Better. &#34;As Better continues its transformation into an AI-powered mortgage platform, Daniel&#39;s experience in operational execution, capital markets, and regulated industries will strengthen our Board and help guide the Company&#39;s next phase of growth.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;Better&#39;s platform is redefining the mortgage experience by using AI and automation to make homeownership more efficient, transparent, and affordable,&#34; said Lewis. &#34;What stood out to me is the discipline behind the Company&#39;s transformation. Better has built a differentiated technology platform while making the difficult operational changes necessary to position the business for profitable growth. I look forward to supporting the Board and management team as they advance the Company&#39;s strategy and work to create long-term value for shareholders.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;We&#39;re delighted to welcome Daniel to our Board of Directors,&#34; said Harit Talwar, Chairman of Better&#39;s Board. &#34;His experience in governance, capital allocation, and operational execution will be a valuable addition to the Board as Better executes its strategy and work toward its 2026 objectives.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Company also announced that David Barse stepped down from the Board of Directors, effective July 27, 2026, to pursue new opportunities. The Board thanks Mr. Barse for his dedicated service and valuable contributions to Better and wishes him continued success in his future endeavors. Mr. Barse&#39;s departure was not the result of any disagreement with the Company on any matter relating to the Company&#39;s operations, policies, or practices.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Better Home &amp; Finance Holding Company
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Better Home &amp; Finance Holding Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BETR">BETR</a>) is the first AI-native mortgage and home equity finance platform, and first fintech to fund more than $110 billion in loan volume. Since 2016, Better has leveraged its industry-leading AI platform, Tinman&#xAE;, to achieve a singular mission of making homeownership cheaper, faster, and easier for all Americans. Tinman&#xAE; allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy&#x2122;, leveraging Tinman MCP, the first AI loan agent built exclusively for the mortgage industry, is revolutionizing the homebuying journey by delivering timely application status updates to consumers, answering questions, and moving their loan application along 24/7/365. Better’s mortgage offerings include GSE-conforming, FHA, VA loans, jumbo, and Non-QM mortgage loans as well as home equity loans. Better serves customers in all 50 US states.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For more information, follow @betterdotcom on Instagram and TikTok and @betrmortgage on X.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-looking Statements
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release that are not historical fact should be considered forward-looking statements, including, without limitation, statements and expectations regarding contributions from Daniel Lewis to the Company and its Board of Directors. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "could," "would," "project," "plan," "target," or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual future events to differ materially from those expressed or implied by the forward-looking statements in this communication. These risks and uncertainties include those risks discussed in the section entitled "Risk Factors" in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as any such factors may be updated from time to time in the Company’s other filings with the SEC, which is available, free of charge, at the SEC’s website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2F&amp;esheet=54579720&amp;newsitemid=20260729444142&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=2754f2c2c0d4e67cfdfccfa56f3e7897" shape="rect">www.sec.gov</a>. New risks and uncertainties arise from time to time, and it is impossible for Better to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Better undertakes no obligation, except as required by law, to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260729444142r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260729444142/en/" rel="nofollow">https://www.businesswire.com/news/home/20260729444142/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
For investor relations related inquiries, please reach out to <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@better.com" shape="rect">ir@better.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
For press and media related inquiries, please reach out to <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:comms@better.com" shape="rect">comms@better.com</a>

</p>

BETR announced Daniel Lewis joining its Board and David Barse stepping down, effective July 27, 2026. Lewis, founder of Orange Capital and a sizable BETR shareholder, brings governance, capital allocation, and regulatory experience to guide the AI-driven mortgage platform's next growth phase. The changes underscore BETR's focus on executing its 2026 objectives and long-term value creation.

News insight

Better Home & Finance Announces Changes to its Board of Directors

AI summary

Sentiment rationale

Key facts

Corporate Developments