Opendoor Technologies appoints Michael Alfred to its board of directors

The board of Opendoor Technologies approved on October 28, 2026 the appointment of Michael Alfred as a director, effective October 29, 2026. Alfred was appointed as a Class I director with a term expiring at the company's 2027 annual meeting of stockholders. He was also appointed to the Nominating and Corporate Governance Committee, effective October 29, 2026.

Alfred was granted 45,268 restricted stock units under the company's 2020 Incentive Award Plan in connection with his appointment, representing a prorated annual equity award, subject to his continued service. The units vest in full on the date of the 2027 annual meeting, subject to his continued service. He has entered into the company's standard indemnification agreement for directors and officers.

Alfred is the founder and managing partner of Alpine Fox LP, a private investment partnership focused on value equities and Bitcoin. He has served on the board of IREN Limited since October 2021 and on the board of Bakkt Holdings, Inc. since September 2025. He previously co-founded and served as chief executive of Digital Assets Data, Inc., which was sold to New York Digital Investment Group LLC in November 2020.