Mat Ishbia and SFS Holding Corp. Sell Shares in UWM Holdings Corp.

Mat Ishbia, the President and CEO of UWM Holdings Corp., along with SFS Holding Corp., a 10% holder of the Issuer, have reported significant sales of Class A Common Stock. The transactions occurred on August 5, 6, and 7, 2025, with shares sold at weighted average prices of $4.31, $4.25, and $4.61 respectively. The sales were conducted pursuant to a 10b5-1 Plan adopted by SFS Corp. on March 17, 2025. Following these transactions, the total shares owned by the reporting entities have decreased substantially. Additionally, Mat Ishbia holds Restricted Stock Units (RSUs) that convert to Class A Common Stock on a one-for-one basis, with 180,737 RSUs vesting on March 1, 2026.