5/30 Class Action Antitrust Litigation Update

In response to NAR's motion to dismiss the Moehrl v. NAR lawsuit, the plaintiff's attorneys this week let the court know they are amending their complaint. Although the case is ongoing, this a sign the class action attorneys recognize the legal viability of our position and are regrouping to try to salvage their baseless case. This means the court will no longer rule on our motion to dismiss the case and instead wait for the amended complaint. NAR will continue to fight these meritless claims and continue to make it clear the MLS system is pro-competitive and pro-consumer and functions to the benefit of both buyers and sellers. In order to best represent the interests of consumers and our members, we will continue to aggressively defend against this lawsuit. Best regards, Katie Johnson

------------------------------ Katie Johnson General Counsel & Chief Member Experience Officer | Legal Affairs & Member Experience NATIONAL ASSOCIATION OF REALTORS® | Chicago, IL Office: 312.329.8372 ------------------------------

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