Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40308 FINANCE OF AMERICA COMPANIES INC. (Exact name of registrant as specified in its charter) Delaware 85 ...

| --- | --- | |------------------------------------|-------| | | | | | | | Earnings Presentation \| Q3 2021 | | | | | | | | | November 2021 | | | ©2021 Finance of America Companies | | Disclaimer Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. The actual results of Finance of America Companies Inc., together with its subsidiaries and affiliates, "Financ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40308 FINANCE OF AMERICA COMPANIES INC. (Exact name of registrant as specified in its charter) Delaware 85-3474 ...

Financial Data and Key Metrics Changes - Adjusted net income for Q2 was $57 million or $0.30 per share, down from $107 million or $0.56 per share in the previous quarter, reflecting a significant decline in mortgage revenue [14][15] - The company reported a net loss of $15 million for Q2, compared to net income of $124 million in Q1 and $146 million in Q2 2020 [15] - Adjusted EBITDA for Q2 was $87 million, down $67 million or 44% compared to Q1, primarily due to a $102 million decrease in mortgage revenue [15] Business Line Data and Key Metrics Changes - Mortgage originations volume decreased by 21% to $6.7 billion from $8.4 billion in the prior quarter, leading to a 32% decrease in segment revenue [16] - The reverse mortgage segment achieved record funded volumes of $1 billion, up 32% quarter-over-quarter, generating segment revenue of $95 million, an increase of 38% [17] - Commercial funded volumes increased by 17% sequentially to $400 million, resulting in a 64% revenue increase from Q1 [18] Market Data and Key Metrics Changes - The company experienced a shift from refinance to purchase volume, with purchase funded volumes growing from $2.7 billion to $3.5 billion quarter-over-quarter [12] - The reverse mortgage market is supported by a growing senior population, which is increasing at 3% annually, presenting substantial growth opportunities [26] Company Strategy and Development Direction - The company is focused on diversifying its business model, which includes mortgage, reverse, commercial, and home improvement loans, to mitigate the effects of a cyclical mortgage market [7][11] - The management emphasized the importance of innovation and capitalizing on market opportunities to drive profitable growth [22][25] Management Comments on Operating Environment and Future Outlook - Management expects continued pressure in the mortgage segment for the remainder of the year, with adjusted EBITDA for 2021 now estimated to be down 25% to 30% compared to 2020 [26] - The company remains optimistic about growth opportunities in the reverse and commercial segments, citing favorable market dynamics [29][30] Other Important Information - The company completed its business combination and began trading on the NYSE on April 5, 2021, and is integrating its home improvement business along with the acquisition of Parkside Lending [6][11] - Non-recurring costs related to the business combination impacted the financial results, totaling $43 million for the quarter [21] Q&A Session Summary Question: Near term growth outlook for commercial and reverse originations - Management expressed excitement about growth opportunities in both channels, citing sustainable opportunities despite the difficulty in forecasting [28][29] Question: Outlook for revenue margins in commercial and reverse segments - Management indicated that good margins are expected to hold in both channels, although variability exists [30][31] Question: Change in EBITDA guidance and its drivers - Management confirmed the revised guidance of a 25% to 30% reduction in adjusted EBITDA, driven by tighter margins and unexpected dynamics in the second quarter [33][34] Question: Variable compensation structure and long-term expense management - Variable compensation is tied to volume, and management is focused on right-sizing expenses in response to changing market conditions [35][36] Question: Stock buyback considerations - Management is evaluating capital management strategies, including potential stock buybacks, while focusing on investments that reduce earnings cyclicality [40][41] Question: Importance of tangible book value and EPS guidance - Management emphasized the significance of tangible book value in assessing company value but did not provide specific EPS guidance [44][47]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40308 FINANCE OF AMERICA COMPANIES INC. (Exact name of registrant as specified in its charter) Delaware 85-347 ...

Financial Data and Key Metrics Changes - Total funded volume grew 78% to $9.5 billion compared to $5.3 billion in the prior year quarter [14] - Total revenues of $499 million were up 165% year-over-year but down 7% versus the fourth quarter of 2020 [14] - Pre-tax net income was $125 million for the quarter compared to $153 million in the fourth quarter and a loss in the prior year quarter [14] - Adjusted EBITDA of $154 million for Q1 2021 was down 11% compared to $174 million in the fourth quarter but up more than 4 times the $35 million generated in the prior year quarter [14] Business Line Data and Key Metrics Changes - Mortgage originations generated funded volumes of $8.4 billion, double the $4.2 billion for Q1 2020, although down 5% on a linked quarter basis [15] - Reverse Originations funded volumes were up 17% quarter-over-quarter to $769 million, driving segment revenue to $69 million, up 25% compared to the prior quarter [15] - Lender services delivered total revenue of $76 million and pre-tax net income of $13 million, up considerably compared to prior quarter and year-ago levels [16] Market Data and Key Metrics Changes - The aging housing stock and the bias for newer construction or remodeled properties bode well for ongoing demand in the commercial loans segment [9] - The reverse mortgage products are increasingly appealing to baby boomers looking to tap into home equity [9] Company Strategy and Development Direction - The company launched a new vertical, Finance of America Home Improvement, via the acquisition of Renovate Americas [6] - The company is focused on capitalizing on M&A opportunities and has successfully acquired, integrated, and optimized 16 companies since its formation in 2013 [7] - The company aims to leverage its diversified model to generate sustainable returns across economic cycles [12] Management's Comments on Operating Environment and Future Outlook - Management expects macro tailwinds from growing consumer wealth to fuel expanding consumer credit and support long-term growth prospects [12] - The company estimates a reduction in adjusted EBITDA for the full year 2021 of roughly 20% year-over-year, indicating a continuation of return on pro forma equity north of 20% [12] - Management remains focused on maximizing the potential of existing platforms while strategically adding new products and distribution channels [12] Other Important Information - The company completed its business combination with Replay Acquisition Corporation and officially started trading on the NYSE on April 5 [6] - Cash and cash equivalents were up 49% on a sequential quarter basis to $348 million, providing capacity for further investments [17] Q&A Session Summary Question: Forward origination business margins - Management noted that margins have decreased from roughly 430 to 340 in the first quarter, with tighter margins across the board, particularly in correspondent and wholesale channels [19] Question: Reverse and commercial business outlook - Management indicated that reverse originations are more about segment expansion with stable margins, while the commercial business faces more margin competitiveness, particularly in the fix and flip segment [21][22] Question: Lender services growth and margin expansion - Management highlighted growth in lender services from increased adoption and new customer acquisition, with healthy margins expected to continue [24] Question: Home improvement financing products - Management discussed the new home improvement vertical and the potential for product expansion, including solar financing [28] Question: Growth of the MSR portfolio - Management confirmed plans to retain retail MSR and sell TPO MSR to the fund, with less emphasis on bulk acquisitions [29]

Replay Acquisition Corp. (RPLA) Q4 2020 Earnings Conference Call March 2, 2021 5:00 PM ET Company Participants Michael Fant - SVP of Finance Patti Cook - CEO Graham Fleming - President Conference Call Participants Operator Good afternoon, ladies and gentlemen, and welcome to the Finance of America Fourth Quarter 2020 Earnings Conference Call. I would now like to turn the conference over to Michael Fant, Senior Vice President of Finance at Finance of America. Please go ahead, Michael. Michael Fant Thank you ...