eXp Realty Announces Strategic Leadership Changes to Enhance Global Growth

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BELLINGHAM, Wash., April 29, 2024 (GLOBE NEWSWIRE) — eXp Realty^®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced significant leadership updates across its Growth team to further enhance its market presence and agent support worldwide.

Effective immediately, Amy Weaver has been named Senior Vice President of the U.S. Growth team, supported by newly appointed Regional Vice Presidents of Growth, Frank Panunto, Russ Laggan, and Tony King. Additionally, Susan McClain has been named Vice President of Agent Success, focusing on increasing agent support and satisfaction.

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Sean Murphy has been named Senior Vice President of Commercial Growth, tasked with driving expansion in the commercial real estate sector. Felix Bravo, Vice President of Global Growth, will continue leading his team to open new markets for eXp Realty around the globe.

In Canada, Nadia Habib has been promoted to Senior Vice President, overseeing all Canadian growth. She will work closely with Donna Dalonzo, Vice President of Growth for Quebec, to enhance local agent support and expand the company’s regional footprint.

“These strategic leadership changes are designed to harness the potential of our talented team and align with our mission to provide exceptional service and support to our agents worldwide,” said Michael Valdes, eXp Realty Chief Growth Officer. “As we navigate a fluctuating economic landscape, it is crucial that we continue to innovate and double down on our growth efforts, ensuring that eXp Realty remains a leader in the real estate industry. I am confident that with our new team in place we can drive significant growth and help our agents to thrive in any market condition.”

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About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty^®, FrameVR.io and SUCCESS^® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 85,000 agents in the United States, Canada, the United Kingdom, Australia, France, India, Mexico, Portugal, South Africa, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, the Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including an innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by FrameVR.io technology, offering immersive 3D platforms that are deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

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For more information, visit https://expworldholdings.com.

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Examples of such forward-looking statements include, but are not limited to, the availability of incentive programs in international markets, the future value of financial incentive programs, and growth in international markets. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:

eXp World Holdings, Inc.

mediarelations@expworldholdings.com

Investor Relations Contact:

Denise Garcia
investors@expworldholdings.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6ce329b5-7fff-458b-9af2-4b0068a83159

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