On June 10, 2024, Newmark Group, Inc. announced an offer to exchange up to $475 million aggregate principal amount of its outstanding 7.500% Senior Notes due 2029 for an equivalent amount of 7.500% Senior Notes due 2029 registered under the Securities Act of 1933, as amended. $600 million aggregate principal amount of Old Notes were issued and sold by the Company in January 2024 in a private offering. The exchange offer will expire at 5:00 p.m., New York City time, on July 10, 2024, unless extended.

Tenders of Old Notes must be made before the exchange offer expires and may be withdrawn any time prior to the expiration of the exchange offer. The exchange offer is being made to satisfy the Company?s obligations under a registration rights agreement entered into in connection with the issuance of the Old Notes and does not represent a new financing transaction.