UWM Holdings Corporation and TWO have reached an agreement for a strategic transaction that will combine the two companies, aiming to enhance profitability, strengthen the balance sheet, and streamline operations. The boards of directors of both companies have unanimously approved the proposed deal, which is expected to close in the second quarter of 2026, pending approval from TWO’s stockholders and customary regulatory clearances. The companies expect the combination to create significant opportunities for growth and deliver improved outcomes for clients, brokers, consumers, and stockholders. BofA Securities and Greenhill, a Mizuho affiliate, are serving as financial advisors to UWM Holdings Corporation, with Greenberg Traurig, P.A. providing legal counsel. Houlihan Lokey is advising TWO, with Jones Day acting as its legal counsel. Further details and presentation materials about the transaction are available on UWM Holdings Corporation’s website in the investor relations section.