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DEFA14ASEC Filing

EXPI Calls for Vote on Texas Incorporation Move

April 23, 2026 at 12:00 AM

🧾 What This Document Is

This is a DEFA14A, or "Definitive Additional Materials." Think of it as a follow-up flyer or reminder sent to shareholders after the main proxy statement was already filed. Its job is to give a final nudge and provide key details to ensure people vote on time.

👉 Why it matters: It confirms the upcoming Annual Meeting date and highlights the most critical vote—the proposal to change the company's legal home from Delaware to Texas.

🏢 What The Company Does

In simple terms, eXp World Holdings is a modern real estate company. It operates primarily as a cloud-based brokerage, meaning its agents work remotely using technology and collaboration platforms instead of traditional brick-and-mortar offices.

🗳️ The Big Vote: Texas Redomestication

The central issue at this annual meeting is a proposal to "redomesticate" the company. That's a fancy term for changing its state of incorporation.

  • From: Delaware
  • To: Texas

The company filed its main proxy statement about this on March 9, 2026. This additional filing, sent starting April 23, 2026, is a direct appeal to shareholders to cast their votes before the deadline.

📅 Key Dates & Logistics

  • Annual Meeting: Friday, April 24, 2026, at 12:00 p.m. Eastern Time. This is when all votes will be tallied.
  • How to Vote: Shareholders are encouraged to vote before the meeting. They can even vote directly over the phone by calling the company's proxy solicitor, Sodali & Co., at 888-777-2094.
  • Getting More Info: The full, official proxy statement and other documents are available for free on the SEC's website (www.sec.gov). You can also request copies by mailing eXp World Holdings, Inc. Investor Relations, 2219 Rimland Dr., Suite 301, Bellingham, WA 98226 or emailing [email protected].

🔮 What's Next & Why It Matters

The next step is the shareholder vote itself. The outcome will decide if eXp moves its legal headquarters to Texas.

👉 Why this matters to investors: Changing your state of incorporation isn't just paperwork. It can affect corporate governance rules, legal liabilities, tax obligations, and even how responsive the company is to shareholders. Management believes Texas offers a better environment for their business model.

⚖️ Big Picture — Strengths & Risks

  • 👍 Strength/Signal: The move suggests management is focused on optimizing its corporate structure for growth and potentially aligning with a business-friendly regulatory environment. It shows proactive strategic thinking.
  • ⚠️ Risk/Consideration: Changing domiciles involves legal and administrative costs. There’s also an adjustment period as the company and shareholders adapt to a new set of state corporate laws.

🧠 The Analogy

This is like a family deciding to move to a new state for better opportunities. They've already lived in the same house (Delaware) for years, but they believe a different location (Texas) offers a better lifestyle, lower taxes, or friendlier rules for their future plans. This filing is the final reminder to everyone in the family to weigh in before the moving truck arrives.

🧩 Final Takeaway

eXp World Holdings is asking its shareholders for a final, crucial vote to approve a major corporate change: moving its legal home from Delaware to Texas. This reminder was sent just before the April 24, 2026 meeting to ensure maximum participation in this strategic decision.