On December 11, 2023, Jason Gesing, a member of the Board of Directors (the ?Board?) of eXp World Holdings, Inc. (the ?Company?), a member of the Board?s Sustainability Committee, and the Company?s Chief Industry Relations Officer, notified the Board that he intends to resign as a member of the Board, effective on the earlier of: (i) January 10, 2024, or (ii) such date that the Board appoints a new member to the Board to fill his vacancy. Mr. Gesing?s resignation is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices. Mr. Gesing will remain employed by the Company in his non-executive officer capacity as the Company?s Chief Industry Relations Officer.