1.Coldwell Banker^®. / Quester^® Real Estate Agent Research, February 2022. 2. Listings taken, closed units, and closed sales volume (collectively, the "Metrics") were measured during this study. To calculate the results, we took a sample of 4,000 independent sales associates who had been affiliated with the Coldwell Banker® brand for at least a year prior to the study and who participated in CBU Learning Center learning classes and activities between Jan. 2020-Dec. 2021 (the "Sample Pool") and entered their activities into REScoreboard. All sales associates included in the study completed one or more learning classes, each ranging in duration from a minimum of 3-22 hours. We measured the monthly Metrics generated by the sample pool during the 12 months prior to their taking any Coldwell Banker courses and then measured the monthly Metrics generated during the 12 months after the end date of each affiliated agent's participation in the learning courses. This was not a controlled study; correlation does not equal causation. Past performance does not guarantee future results. Market conditions may influence results and there is no assurance any Coldwell Banker-affiliated sales associate will achieve the same or similar results. 3.Year-end Coldwell Banker Numbers Based on Coldwell Banker Financial Data as of 12/31/2022. 4.Based on production of agents and teams that performed an action in at least one of the following products in our technology suite between Oct 1, 2021 and Sept 30, 2022: Prospect Square, Listing Concierge, MoxiPresent, HomeSpotter, Exclusive Look, BrandSrv, and Market Quest V2. Results are not guaranteed.