The Real Brokerage (REAX) is a public company. Real is the fastest growing publicly-traded real estate tech brokerage. Operating in 47 U.S. states, DC, and Canada, Real is on a mission to make agents' lives better, creating financial opportunities for agents through better commission splits, best-in-class technology, revenue sharing and equity incentives. Founded in 2014. It has 4,973 employees.

Transcript

Operator

Good morning, ladies and gentlemen, welcome to The Real Brokerage earnings call for the second quarter ended June 30th, 2026. At this time, all participants have been placed on a listen-only mode, we will open the floor for your questions and comments after the presentation. I will now turn the call over to Alix Lumpkin, Chief Legal Officer at The Real Brokerage. Ma'am, the floor is yours.

Alix Lumpkin — Chief Legal Officer

Thanks. Good morning. Thank you for standing by, welcome to The Real Brokerage conference call and webcast for the second quarter ended June 30, 2026. We appreciate everyone for joining us today. With me on the call today are Tamir Poleg, our Chairman and Chief Executive Officer, Jenna Rozenblat, our Chief Operating Officer, and Ravi Jani, our Chief Financial Officer. This morning, Real published an earnings press release including results for the second quarter ended June 30, 2026. The press release, along with the consolidated financial statements and related management's discussion and analysis for the quarter, have been filed with the U.S. Securities and Exchange Commission on EDGAR and with Canadian securities regulators on SEDAR+. Before we get started, I'd like to remind everyone that statements made on this conference call that are not historical facts, including statements about future time periods, may be deemed to constitute forward-looking statements. Our actual results may differ materially from these forward-looking statements, the risk factors that could cause these differences are detailed in our Canadian continuous disclosure documents, including our management's discussion and analysis for the period ended June 30, 2026, our annual information form for the fiscal year ended December 31, 2025, and our management information circular dated July 9, 2026, as well as our SEC reports and the S-4 registration statement filed in connection with the RE/MAX transaction. Real disclaims any intent or obligation to update these forward-looking