Newmark derivative settlement hearing set Aug 13; $50M insurance-funded

NEWMARK GROUP, INC.

Settlement of stockholder derivative litigation: $50M cash from D&O insurance; no defendant payments.
Court rescheduled approval hearing to August 13, 2025; Stipulation and Amended Notice filed.
Claims relate to 2021 equity event and $50M bonus to Executive Chairman Howard Lutnick; no liability admitted.
Plaintiffs' counsel may seek fee award from settlement fund; net amount to be paid to Newmark upon final approval.
Settlement releases Board and officers from all derivative claims; company avoids further litigation costs.

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