RE/MAX Prices 4.5M Share Secondary Offering @$36.00/Share

RE/MAX Holdings, Inc.

today announced the pricing of a secondary offering of 4,500,000 shares of its Class A common stock by its controlling stockholder, RIHI, Inc. ("RIHI"), at a price of $36.00 per share. In connection with the offering, RIHI has granted the underwriters a 30-day option to purchase up to 675,000 additional shares of Class A common stock. RE/MAX will not receive any proceeds from the sale of any Class A common shares by RIHI. RIHI is majority owned and controlled by David Liniger, the Company's Chief Executive Officer, Chairman and Co-Founder, and Gail Liniger, the Company's Vice Chair and Co-Founder. Morgan Stanley, BofA Merrill Lynch and J.P. Morgan will act as joint book-runners for the offering. William Blair, Perella Weinberg Partners and Zelman Partners LLC will act as co-managers for the offering. The securities are being offered under a registration statement previously filed with the Securities and Exchange Commission and declared effective on November 9, 2015.   The offering of these securities may be made only by means of the prospectus and related prospectus supplement relating to the offering. Copies