Better Home & Finance Announces Changes to its Board of Directors

Board changes support Better's execution against its strategic priorities and long-term growth objectives.

NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) (the “Company”), the leading AI-native homeownership company, today announced changes to its Board of Directors (the “Board”), effective July 27, 2026.

Daniel Lewis, Founder and Managing Partner of Orange Capital, has been appointed to the Company'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.

"Daniel has spent his career helping companies sharpen their strategy, improve capital allocation, and create long-term shareholder value," said Vishal Garg, Founder and Chief Executive Officer of Better. "As Better continues its transformation into an AI-powered mortgage platform, Daniel's experience in operational execution, capital markets, and regulated industries will strengthen our Board and help guide the Company's next phase of growth."

"Better's platform is redefining the mortgage experience by using AI and automation to make homeownership more efficient, transparent, and affordable," said Lewis. "What stood out to me is the discipline behind the Company'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's strategy and work to create long-term value for shareholders."

"We're delighted to welcome Daniel to our Board of Directors," said Harit Talwar, Chairman of Better's Board. "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."

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's departure was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

About Better Home & Finance Holding Company
Better Home & Finance Holding Company (NASDAQ: BETR) 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®, to achieve a singular mission of making homeownership cheaper, faster, and easier for all Americans. Tinman® 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™, 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.

For more information, follow @betterdotcom on Instagram and TikTok and @betrmortgage on X.

Forward-looking Statements
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 www.sec.gov. 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.