AGENT GROWTH INCENTIVE PROGRAM

STOCK AWARDS

A stock award (Restricted Stock Units - RSU) is a promise to deliver shares of company stock in the future if the vesting conditions are met.

All agents and brokers in good standing with the eXp Realty are eligible to earn stock awards under the Agent Growth Incentive Program. Shares acquired through the Program will be issued to the individual agent and corresponding tax ID. eXp cannot issue shares to an entity.

FIRST CLOSED

AWARD AMOUNT

Upon an agent’s first completed transaction (full unit) in each calendar year with eXp Realty, the agent will be granted an award of $200 USD worth of eXp World Holdings, Inc. (Nasdaq: EXPI) common stock.

NUMBER OF SHARES

Agents are awarded a set number of shares of EXPI common stock on the last trading day in the qualifying month, the award date. The number of shares awarded is determined by using the closing market price of EXPI common stock on the award date.

VESTING

Awards are subject to three years of continuous service and in good standing with eXp Realty from the award date. If an agent enters offboarding, this represents a break in service and termination of vesting. Upon satisfaction of the vesting period, the underlying shares will be issued.

SPONSOR

AWARD AMOUNT

When an agent directly attracts another agent to the company, and upon the sponsored agent’s first completed (full unit) transaction with eXp Realty, the sponsoring agent will be granted an award of $400 USD worth of eXp World Holdings, Inc. (Nasdaq: EXPI) common stock.

NUMBER OF SHARES

Agents are awarded a set number of shares of EXPI common stock on the last trading day in the qualifying month, the award date. The number of shares awarded is determined by using the closing market price of EXPI common stock on the award date.

VESTING

Sponsor awards require that both the sponsoring agent and the sponsored agent remain with eXp Realty and in good standing for three years from the award date. If either agent enters offboarding, this represents a break in service and termination of vesting. Upon satisfaction of the vesting period, the underlying shares will be issued.

CAPPED

AWARD AMOUNT

Upon fulfillment of a full cap ($16,000 for US Realty/$20,000 for US Commercial) during each anniversary year, agents will be granted an award of $400 USD worth of eXp World Holdings, Inc. (Nasdaq: EXPI) common stock.

NUMBER OF SHARES

Agents are awarded a set number of shares of EXPI common stock on the last trading day in the qualifying month, the award date. The number of shares awarded is determined by using the closing market price of EXPI common stock on the award date.

VESTING

Awards are subject to three years of continuous service and in good standing with eXp Realty from the award date. If an agent enters offboarding, this represents a break in service and termination of vesting. Upon satisfaction of the vesting period, the underlying shares will be issued.

ICON

In any year that an agent achieves ICON status, the agent can earn up to $16,000 USD US realty/ $20,000 USD US Commercial worth of eXp World Holdings common stock.


Agents are awarded a set number of shares of EXPI common stock on the 15th day in the qualifying month, the award date.

The number of shares awarded is determined by using the closing market price of EXPI common stock on the award date.

AWARD QUALIFICATION & NOTIFICATION

eXp will calculate the new Agent Growth Incentive Program awards achieved by agents once all transactions have been "closed" from the qualifying month. This typically occurs towards the end of the following month. Grant notifications will be sent once the award(s) have been uploaded to the individual's Shareworks accounts.

ISSUANCE OF SHARES

Upon vesting, all shares issued under the Program will be held in the individual agent’s Shareworks account, the online platform used to manage eXp’s equity plans. Agents can access their Shareworks account through Enterprise by clicking on the Shareworks tile under Technology Solutions. Agents outside of the U.S. and Canada can access their account through Okta.

TAX TREATMENT OF STOCK AWARDS

You may find the U.S. tax treatment information for participation in the Agent Growth Incentive Program here.