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RE/MAX HOLDINGS, INC. WELCOMES TOM FLANAGAN AS CHIEF DIGITAL INFORMATION OFFICER

RE/MAX Holdings, Inc. (PRNewsfoto/RE/MAX Holdings, Inc.)

News provided by

RE/MAX Holdings, Inc.

Sep 22, 2025, 16:30 ET

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DENVER, Sept. 22, 2025 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), parent company of REMAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., proudly announces the hiring of Tom Flanagan as Chief Digital Information Officer, effective today.

In this role, Flanagan will oversee all information technology and data operations across the Company and its affiliated brands. He will lead the engineering, data, and technology security and compliance teams, while collaborating closely with the Executive Leadership Team to align technology initiatives with the Company's strategic vision.

"Tom brings a rare blend of technical expertise, strategic insight and deep industry experience," said Erik Carlson, Chief Executive Officer of RE/MAX Holdings. "His ability to bridge marketing and technology, combined with a forward-thinking approach to AI and data, makes him an ideal fit for our organization. Just as importantly, Tom shares our values and collaborative spirit—he understands the heart of our mission and connects naturally with our culture. We're thrilled to welcome him to our leadership team as we continue to innovate and elevate the experience for our REMAX and Motto Mortgage networks and their clients."

Flanagan joins the Company with more than 20 years of experience deploying and supporting real estate brokerage technology solutions. He most recently served as Chief Innovation Officer for The Group, Inc. Real Estate and President of Group Financial Partners. His career also includes leadership roles at Residential Properties Ltd. and Alain Pinel Realtors, along with a tenure as a syndicated technology columnist for Inman News.

"I'm incredibly excited to join the team and an iconic brand, which continues to carry the heart and mindset of a startup," Flanagan said. "Having spent two decades in the industry, I've long admired the caliber of professionals who represent the brand, many of whom I've had the privilege to know through my network. For both real estate and mortgage affiliates, there's a tremendous opportunity to move forward and integrate cutting-edge technologies like artificial intelligence into the workflow, driving efficiencies that allow them to focus on what they do best: serving their clients."

A graduate of the New England Institute of Technology, Flanagan has earned numerous accolades for his contributions to the industry, including recognition on the Swanepoel Power 200 (2025), Inman News' Real Estate Influencers list (2017), and multiple service awards from Leading Real Estate Companies of the World. He was also named the Overall Winner of Tech Collective's Tech10 Awards in 2013.

Flanagan's hiring follows a series of strategic leadership appointments at RE/MAX Holdings in 2025, underscoring the Company's commitment to innovation, growth and operational excellence. These include:

  • Chris Lim, Chief Growth Officer, bringing a dynamic approach to brand expansion and agent engagement
  • Don Kottick, President of REMAX Canada, whose deep market expertise supports regional growth and strategic alignment
  • Daniel Dennis, Senior Vice President of Sales and Service, is focused on elevating brokerage support and agent performance across the network
  • Travis Saxton, Executive Vice President of Strategy, leads strategic initiatives incorporating new franchise business systems and industry-leading technology
  • Vic Lombardo, President of Mortgage Services, oversees growth and operations for the Company's mortgage business, including Motto Mortgage and wemlo®

"Erik has really built an amazing team, and I'm thrilled to join what I think is a dream team of real estate professionals to really move the needle," Flanagan added.

Together, these leaders form a powerhouse executive team poised to accelerate the Company's evolution as a tech-forward, agent-centric organization. With Flanagan now as the CDIO, the Company is well-positioned to harness emerging tools like artificial intelligence and predictive analytics to deliver smarter, faster and more personalized experiences for agents, loan originators and consumers alike.

Notice of Issuance of Inducement Grant Under NYSE Rule 303A.08

The Company also announced inducement awards of restricted stock units ("RSUs") to Mr. Flanagan in connection with his appointment as CDIO.

The awards to Mr. Flanagan consist of 9,815 time-based RSUs that are scheduled to vest in equal installments on March 1, 2026, 2027 and 2028 and a target number of 9,815 performance-based RSUs that will vest based on Company revenue from January 1, 2025, through December 31, 2027. The number of shares that may be earned will vary between 0% and 200% of the target number of performance-based RSUs.

The RSU awards were granted outside of the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan (the "Plan") but will be governed as if they were issued under the Plan. Vesting of the RSUs is subject to the terms and conditions set forth in the award agreements and the Plan. The RSU awards were approved by the Compensation Committee of the Board of Directors in reliance on the employment inducement exemption under NYSE Listed Company Manual Rule 303A.08, which requires public announcement of the awards.

About RE/MAX Holdings, Inc.
RE/MAX Holdings, Inc. (NYSE: RMAX) is one of the world's leading franchisors in the real estate industry, franchising real estate brokerages globally under the REMAX® brand, and mortgage brokerages within the U.S. under the Motto® Mortgage brand. REMAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Now with more than 145,000 agents in nearly 9,000 offices and a presence in more than 110 countries and territories, nobody in the world sells more real estate than REMAX, as measured by total residential transaction sides. Dedicated to innovation and change in the real estate industry, REMAX launched Motto Franchising, LLC, a ground-breaking mortgage brokerage franchisor, in 2016. Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., has over 210 offices across more than 40 states.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by the use of words such as "believe," "intend," "expect," "estimate," "plan," "outlook," "project," "anticipate," "may," "will," "would" and other similar words and expressions that predict or indicate future events or trends that are not statements of historical matters. Forward-looking statements include statements related to the the incoming Chief Digital Information Officer, integrating technologies into workflows, driving efficiencies, accelerating the Company's evolution, and harnessing emerging tools. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily accurately indicate the times at which such performance or results may be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, without limitation, (1) changes in the real estate market or interest rates and availability of financing, (2) changes in business and economic activity in general, including enacted and proposed tariffs and other trade policies which could impact the global economy, (3) the Company's ability to attract and retain quality franchisees, (4) the Company's franchisees' ability to recruit and retain real estate agents and mortgage loan originators, (5) changes in laws and regulations, (6) the Company's ability to enhance, market, and protect its brands, (7) the Company's ability to implement its technology initiatives, (8) risks related to the Company's leadership transition, (9) fluctuations in foreign currency exchange rates, (10) the nature and amount of the exclusion of charges in future periods when determining Adjusted EBITDA is subject to uncertainty and may not be similar to such charges in prior periods, and (11) those risks and uncertainties described in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission ("SEC") and similar disclosures in subsequent periodic and current reports filed with the SEC, which are available on the investor relations page of the Company's website at www.remaxholdings.com and on the SEC website at www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made. Except as required by law, the Company does not intend, and undertakes no obligation, to update this information to reflect future events or circumstances.

SOURCE RE/MAX Holdings, Inc.

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