Forward Looking Statements
This communication only speaks at the date hereof and contains, and related discussions may contain, forward- looking statements within the meaning
of U.S. federal securities laws. These statements include descriptions regarding the intent, belief, estimates, assumptions or current expectations of Aurora, Better or their respective officers with respect to the consolidated results of operations
and financial condition, future events and plans of Aurora and Better. These forward-looking statements may be identified by a reference to a future period or by the use of forward-looking terminology. Forward-looking statements are typically
identified by words such as expect, believe, foresee, anticipate, intend, estimate, goal, strategy, plan, target and
project or conditional verbs such as will, may, should, could or would or the negative of these terms, although not all forward-looking statements contain these words.
Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Forward-looking statements are not historical facts, and are based upon managements current expectations, beliefs, estimates and projections,
and various assumptions, many of which are inherently uncertain and beyond Auroras and Betters control. Such expectations, beliefs, estimates and projections are expressed in good faith, and management believes there is a reasonable
basis for them. However, there can be no assurance that managements expectations, beliefs, estimates and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking
statements. For example, there can be no assurance that the SEC will declare Auroras registration statement effective, that Aurora shareholders will vote to approve the transaction or that the Business Combination will close, or that Better
will be able to identify and hire individuals for the roles that it seeks to fill, nor can there be assurance that the steps Better expects to take to improve its workplace culture and organization will have their desired result. Any management
or other changes could be disruptive to Betters business.
Important factors that could cause actual results to differ materially from those
suggested by the forward-looking statements include, but are not limited to, Betters performance, capabilities, strategy, and outlook; Betters rapid growth and subsequent contraction and its ability to manage its growth effectively and
achieve and maintain profitability in the future; the demand for Betters solutions and products and services, including the size of Betters addressable market, market share, and market trends; Betters ability to operate under and
maintain Betters business model; Betters ability to develop and protect its brand; the effect of workforce reductions and associated negative media coverage on Betters ability to maintain and establish third-party relationships
(including with business partners, warehouse lenders and investors), recruit and retain employees, management and directors and otherwise achieve its business goals; Betters ability to maintain morale among its workforce; Betters ability
to achieve its operational and financial targets; Betters ability to set and achieve its business goals and objectives in the context of recent negative press and changes to its organizational structure in response; Betters estimates
regarding expenses, future revenue, capital requirements and Betters need for additional financing; the degree of business and financial risk associated with certain of Betters loans; the high volatility in, or any inaccuracies in the
estimates of, the value of Betters assets; any changes in macro-economic conditions and in U.S. residential real estate market conditions, including changes in prevailing interest rates or monetary policies and the effects of the ongoing COVID-19 pandemic; the impact of elevated interest rates and inflation on Betters business including on the volume of consumers refinancing existing loans and the corresponding shift in Betters product
mix, Betters ability to produce loans, liquidity and employees; Betters competitive position; Betters ability to improve and expand its information technology and financial infrastructure, security and compliance requirements and
operating and administrative systems; Betters future investments in its technology and operations; Betters intellectual property position, including its ability to maintain, protect and enhance Betters intellectual property;
Betters ability in general, and its CEOs ability in particular, to establish and maintain a larger, more experienced, executive team in transitioning to public markets; Betters ability to obtain additional capital and maintain cash
flow or obtain adequate financing or financing on terms satisfactory to us; the effects of Betters existing and future