Better Home & Finance Holding Co
For the period ended Dec 31, 2024. Filed Apr 30, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 31, 2024 · Filed Apr 30, 2025
Contents
Board Evaluation Process
The Corporate Governance and Nominations Committee leads the Board in an annual self-evaluation to determine whether it and its committees are functioning effectively. The Corporate Governance and Nominations Committee is responsible for oversight of the evaluation process and reports on the process to the Board.
In addition, each committee of the Board conducts annual evaluations of its performance and reports to the Board on such evaluation. The Corporate Governance and Nominations Committee reviews the evaluations prepared by each Board committee of such committee's performance and determines whether to propose any changes to the Board.
As part of the self-assessment process, each Board and committee member provides feedback on a range of topics relevant to the performance and effectiveness of the Board and the applicable committee. Below is a summary of the evaluation process utilized in 2025.
| Step 1Board and Committee Evaluations | The Board directed the General Counsel to coordinate the Board’s self-assessment by its members. The General Counsel prepared a detailed questionnaire designed to obtain feedback on a range of topics. She then scheduled 1:1 confidential interviews with each Director to review the questionnaire in interviews with each of the directors. |
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| Step 2Initial Report | The General Counsel prepared and presented a report to Mr. Talwar, who serves as Chair of the Corporate Governance and Nominations Committee and Chairman of the Board, that aggregated and summarized the Director responses. All responses from directors were kept confidential and anonymous. |
| Step 3Board and Committee Review | The aggregated results will be presented to the Corporate Governance and Nominations Committee for its review and discussion, at which time the Committee will consider what, if any, actions might be implemented to enhance future performance of the Board as it evaluates the size, structure and composition of the Board, as well as the role, composition and allocation of responsibilities among Board committees. |
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