Velocity Financial, Inc. (VEL) M&A Call Prepared Remarks Transcript

Velocity Financial, Inc. (VEL) M&A Call August 27, 2026 8:30 AM EDT Company Participants Christopher Oltmann - Corporate Treasurer & Director of Investor Relations Christopher Farrar - Co-Founder, CEO, President & Director Presentation Operator Hello, and welcome to the Velocity Financial's Toorak Acquisition Conference. [Operator Instructions] I would now like to turn the conference over to Chris Oltmann, Treasurer. You may begin.

Christopher Oltmann Corporate Treasurer & Director of Investor Relations Thanks, Sarah. Hello, everyone, and thank you for joining us this morning to discuss Velocity's signing of a definitive agreement to acquire Toorak Capital's operating platform. Joining me today are Chris Farrar, Velocity's President and Chief Executive Officer; and Mark Szczepaniak, Velocity's Chief Financial Officer. Earlier this morning, we released a press release announcing the Toorak acquisition, and you can find that press release and accompanying presentation that will be referred to during this call on our Investor Relations website at www.velfinance.com. I'd like to remind everyone that today's call may include forward-looking statements, which are uncertain and outside of the company's control, and actual results may differ materially. For a discussion of risks and other factors that could affect this transaction, please see the risk factors and other cautionary statements on our communications with shareholders, including the risk factors disclosed in our filings with the Securities and Exchange Commission. Please also note that the content of this conference call contains time-sensitive information that is accurate only as of today, and we do not undertake any duty to update forward-looking statements. And finally, today's call is being recorded and will be available on the company's website later today. And with that, I will now turn the call over to Chris Farrar.

Christopher Farrar Co-Founder, CEO, President & Director Thanks, Chris, and good morning, everyone. Appreciate you taking the time to get the update