FOA recasts 2022 results for discontinued ops and new segments; provides AAG pro forma

Finance of America Companies Inc.

Discontinued operations include Mortgage Originations (excl. Home Improvement), Commercial Originations, and most of Lender Services.
New reportable segments: Retirement Solutions, Portfolio Management, and Corporate & Other.
Acquisition of AAG/Bloom closed March 31, 2023; pro forma shows net loss from cont. ops of $168M (6 mo. 2023) and $420M (FY2022).
Basic EPS pro forma: ($1.03) for 6 mo. 2023 and ($3.15) for FY2022; reflects AAG as if acquired Jan 1, 2022.
No revisions to 2022 Form 10-K except for segment realignment, discontinued ops, and Note 38 (subsequent events).

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