loanDepot Stockholder Derivative Litigation

TO: ALL PERSONS OR ENTITIES WHO CURRENTLY HOLD SHARES OF STOCK OF LOANDEPOT, INC. AS OF MAY 2, 2025.

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Central District of California, that the parties have reached an agreement to settle all claims in the following derivative lawsuits: In re loanDepot, Inc. Stockholder Derivative Litigation, No. 2:21-cv-08173 (C.D. Cal.); In re loanDepot, Inc. Derivative Litigation, No. 1:22-cv-00320 (D. Del.); In re loanDepot, Inc. Derivative Litigation, No. 2023-0613 (Del. Ch.); and any action(s) involving substantially similar claims (the “Actions”).

Pursuant to an Order of the United States District Court for the Central District of California, a hearing will be held on September 26, 2025, at 10:30 a.m., before the Honorable Josephine L. Staton at 350 West 1st Street, Courtroom 8A, Los Angeles, CA 90012 to consider whether judgment should be entered: (1) approving the terms of the Settlement as fair, reasonable, adequate, and in the best interests of loanDepot and its stockholders; (ii) dismissing with prejudice the Released Claims pursuant to the terms of the Stipulation; and (iii) ruling upon Plaintiffs’ Counsel’s request for approval of attorneys’ fees and expenses.

If you are a holder of loanDepot, Inc. common stock, your rights may be affected by these lawsuits and the settlement thereof. The Stipulation and Notice for the Settlement may be viewed on the Important Documents page of this website. The Notice contains details about the Action and Settlement, including what you must do to object to the Settlement. Objections must be mailed to Plaintiffs’ Counsel and Counsel for the Defendants at the addresses listed below by September 5, 2025, and the Settlement Hearing is scheduled for September 26, 2025 at 10:30 a.m.

If you have questions about the Settlement, you may contact Plaintiffs’ Counsel at the following addresses:

The address for Defendants’ Counsel is:

Craig Varnen
Gibson, Dunn & Crutcher LLP
333 South Grand Avenue
Los Angeles, CA 90071

PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE REGARDING THE NOTICE.

DATED: May 30, 2025