The Compensation Committee of BRC Group Holdings, Inc. approved a waiver regarding the employment agreement of Executive Bryant Riley. Under the terms of his November 8, 2025 agreement, 20% of his compensation earned during fiscal year 2026 is held in a Holdback Account for release in the first quarter of fiscal 2027. Due to performance results in the first half of fiscal year 2026, the Committee waived the holdback requirement for amounts attributable to the first and second quarters of 2026, allowing for their release. BRC Group Holdings, Inc. is a company involved in real estate investment and management.