Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 6, 2020, Altisource Portfolio Solutions S.A. (the "Registrant") announced certain cost reduction measures to address potential impacts related to the COVID-19 pandemic, including a 50% reduction of the cash compensation of the non-management members of the Board of Directors. On October 1, 2020, the Registrant approved the adjustment of the cash compensation of the non-management members of the Board of Directors to 80% of the pre-reduction cash compensation. On December 22, 2021, the Registrant approved the adjustment of the cash compensation of the non-management members of the Board of Directors to 100% of the pre-reduction cash compensation effective December 1, 2021.

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