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© 2026 Altisource All Rights Reserved. T H I R D Q U A R T E R 2 0 2 6 S U P P L E M E N T A R Y I N F O R M A T I O N ALTISOURCE PORTFOLIO SOLUTIONS
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© 2026 Altisource All Rights Reserved. D I S C L A I M E R 2 This presentation contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements include all statements that are not historical fact, including statements that relate to, among other things, future events or our future financial / operating performance or financial condition. These statements may be identified by words such as “anticipate,” “intend,” “expect,” “may,” “could,” “should,” “would,” “will,” “plan,” “estimate,” “seek,” “believe,” “potential,” “positioned” or “continue” or the negative of these terms and comparable terminology. Such statements are based on expectations as to the future and are not statements of historical fact. Furthermore, forward-looking statements are not guarantees of future performance and involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, the risks discussed in Item 1A of Part I “Risk Factors” in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 4, 2026, our Form 10-Q filed with the SEC on July 23, 2026 and our Form 10-Q filed with the SEC on October 29, 2026. We caution you not to place undue reliance on these forward-looking statements which reflect our view only as of the date of this report. We are under no obligation (and expressly disclaim any obligation) to update or alter any forward-looking statements contained herein to reflect any change in our expectations with regard thereto or change in events, conditions or circumstances on which any such statement is based. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, risks related to customer concentration, impacts to default related referrals occasioned by government, investor or servicer actions, the use and success of our products and services, our ability to retain existing customers and attract new customers and the potential for expansion or changes in our customer relationships, technology disruptions, our compliance with applicable data requirements, our use of third party vendors and contractors, our ability to effectively manage potential conflicts of interest, macro-economic and industry specific conditions, our ability to effectively manage our regulatory and contractual obligations, the adequacy of our financial resources, including our sources of liquidity and ability to repay borrowings and comply with our debt agreements, including the financial and other covenants contained therein, as well as Altisource’s ability to retain key executives or employees, behavior of customers, suppliers and/or competitors, technological developments, governmental regulations, taxes and policies. The financial projections and scenarios contained in this presentation are expressly qualified as forward-looking statements and, as with other forward-looking statements, should not be unduly relied upon. We undertake no obligation to update these statements, scenarios and projections as a result of a change in circumstances, new information or future events, except as required by law.
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 3 Adjusted operating income, pretax (loss) income attributable to Altisource, adjusted pretax income attributable to Altisource, adjusted net income attributable to Altisource, adjusted diluted earnings per share, earnings before interest, taxes, depreciation and amortization (“EBITDA”), Adjusted EBITDA, and Segment Adjusted EBITDA, which are presented elsewhere in this presentation, are non-GAAP measures used by management, existing shareholders, potential shareholders and other users of our financial information to measure Altisource’s performance and do not purport to be alternatives to income (loss) from operations, (loss) income before income taxes and non-controlling interests, net (loss) income attributable to Altisource, and diluted (loss) earnings per share as measures of Altisource’s performance. We believe these measures are useful to management, existing shareholders, potential shareholders and other users of our financial information in evaluating operating profitability and cash flow generation more on the basis of continuing cost and cash flows as they exclude amortization expense related to acquisitions that occurred in prior periods and non-cash share-based compensation, as well as the effect of more significant non-operational items from earnings, and cash flows from operating activities. We believe these measures are also useful in evaluating the effectiveness of our operations and underlying business trends in a manner that is consistent with management’s evaluation of business performance. Furthermore, we believe the exclusion of more significant non-operational items enables comparability to prior period performance and trend analysis. It is management’s intent to provide non-GAAP financial information to enhance the understanding of Altisource’s GAAP financial information, and it should be considered by the reader in addition to, but not instead of, the financial statements prepared in accordance with GAAP. Each non-GAAP financial measure is presented along with the corresponding GAAP measure so as not to imply that more emphasis should be placed on the non-GAAP measure. The non-GAAP financial information presented may be determined or calculated differently by other companies. The non-GAAP financial information should not be unduly relied upon. These non-GAAP measures are presented as supplemental information and reconciled to the appropriate GAAP measures in the Appendix.
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© 2026 Altisource All Rights Reserved. • Third quarter Service revenue and Adjusted EBITDA1 increased year-over-year • Recent customer wins continued to ramp • AI and other efficiency initiatives began accelerating product development speed and are anticipated to drive scalability and operating leverage over the upcoming quarters • Achieved this progress while industry volumes remained below normalized levels and our business was impacted by the wind- down of the Rithm Cooperative Brokerage Agreement and transfer of Rithm’s Onity-serviced loans to Rithm2 • Together, the continued ramp of customer wins, greater operating leverage and disciplined cost management represent the core building blocks of Project 453 • We anticipate these drivers will support higher Adjusted EBITDA1 in the fourth quarter T H I R D Q UA R T E R 2 0 2 6 H I G H L I G H T S 4 1 This is a non-GAAP measure defined and reconciled in the Appendix 2 Rithm Capital Corp. (“Rithm”); Onity Group Inc. (together with its subsidiaries, “Onity”) 3 Project 45 is our company-wide objective of reaching $45 million of run-rate Adjusted EBITDA1 by Q4 2028. Refer to Q4 2025 earnings presentation for additional background
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© 2026 Altisource All Rights Reserved. $8.5 $9.8 $13.7 $14.3 $14.0 $31.2 $30.1 $31.4 $34.4 $35.8 $39.7 $39.9 $45.1 $48.7 $49.8 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Origination Servicer and Real Estate TOTA L C O M PA N Y F I N A N C I A L P E R F O R M A N C E 5 Q3 2026 Highlights (vs. Q3 2025) • Third quarter Service revenue of $49.8 million increased 26% over Q3 2025 and represents the highest quarterly Service revenue since Q4 2020 • Adjusted EBITDA2 of $4.3 million increased 17% over Q3 2025 • Adjusted EBITDA2 margin of 8.5% declined modestly from Q3 2025 from: − Revenue mix changes with stronger growth in the lower margin Origination segment − Continued investment in new customer implementations and future growth − Largely offset by stable Corporate costs on growing revenue • As new customer implementations progress, wins season and our more recent efficiency initiatives take hold, we forecast improved operating leverage and higher Adjusted EBITDA2 margins Service Revenue Business Segments1 Adjusted EBITDA2 $3.6 $4.0 $4.4 $4.4 $4.3 9.1% 10.1% 9.9% 9.0% 8.5% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Total Company Total Company Margin Total Company Adjusted EBITDA2 ($7.3) ($7.3) ($7.6) ($7.9) ($7.1) -18.3% -18.4% -16.8% -16.1% -14.2% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Corporate Corp as % of Service Revenue Corporate Segment Adjusted EBITDA2 Loss $10.9 $11.4 $12.0 $12.3 $11.3 27.5% 28.5% 26.7% 25.2% 22.8% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Business Segments Margin Note: Charts above present $ in millions and profitability measures as a % of Service revenue 1 Business Segments collectively refers to the Servicer and Real Estate segment and the Origination segment 2 This is a non-GAAP measure defined and reconciled in the Appendix
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© 2026 Altisource All Rights Reserved. $0.10 $0.11 $0.19 $0.17 $0.13 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 $1.3 $2.2 $2.9 $2.3 $2.1 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 ($1.7) ($8.1) $0.4 ($0.0) ($1.0) Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 TOTA L C O M PA N Y F I N A N C I A L P E R F O R M A N C E 6 (Loss) Income Before Income Taxes and Non-Controlling Interests Adjusted Pretax Income Attributable to ASPS1 $0.7 ($0.5) $4.5 ($6.6) $3.5 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Operating Cash FlowAdjusted Diluted EPS1 Earnings and Cash Activity • GAAP pretax loss in Q3 2026 was $1.0 million compared to a pretax loss of $1.7 million in Q3 2025 • Adjusted pretax income attributable to Altisource1 grew by 59% to $2.1 million in Q3 2026 compared to $1.3 million in Q3 2025 • Adjusted diluted earnings per share1 grew by 30% to $0.13 compared to $0.10 in Q3 2025 • Net cash provided by operating activities was $1.3 million for the nine months ended September 30, 2026 and $3.5 million for Q3 2026 • During the quarter, we opportunistically purchased and retired $0.9 million of our term loan • Ended the quarter with $25.1 million in unrestricted cash Note: Charts above present $ in millions, except per share data 1 This is a non-GAAP measure defined and reconciled in the Appendix
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© 2026 Altisource All Rights Reserved. $31.2 $30.1 $31.4 $34.4 $35.8 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 S E R V I C E R A N D R E A L E S TAT E S E G M E N T 7 Segment Service Revenue $10.0 $10.7 $10.8 $11.7 $10.2 32.1% 35.5% 34.5% 34.1% 28.4% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Segment Adj. EBITDA Adj. EBITDA Margin Note: Charts above present $ in millions and profitability measures as a % of Segment Service revenue 1 This is a non-GAAP measure defined and reconciled in the Appendix Segment Adjusted EBITDA1 $11.3 $11.2 $12.1 $12.9 $11.7 36.1% 37.3% 38.6% 37.4% 32.7% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Segment Gross Profit Gross Profit Margin Segment Gross Profit Segment Financial Performance (vs. Q3 2025) • Service revenue of $35.8 million increased 15% compared to Q3 2025 and 4% compared to Q2 2026 • Growth was driven primarily by customer wins and strength in the Hubzu, Title and Trustee businesses, partially offset by lower Rithm revenue • Adjusted EBITDA1 of $10.2 million increased 2% compared to Q3 2025 − The increase demonstrates that revenue from recent customer wins is offsetting the loss of Rithm revenue and beginning to translate into improved earnings − As this new business seasons, we anticipate a greater portion of incremental revenue to contribute to Adjusted EBITDA1, improving margins
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© 2026 Altisource All Rights Reserved. S E R V I C E R A N D R E A L E S TAT E – S A L E S P I P E L I N E A N D W I N S 8 $29.4 $19.3 $11.7 $8.2 $12.8 Q4'24 Q4'25 Q1'26 Q2'26 Q3'26 Note: $ in millions. Numbers may not sum due to rounding 1 Sales pipeline represents a weighted estimate of the annualized revenue on a stabilized basis from the sales pipeline at the end of the applicable quarter. The pipeline can and will change based on won and lost deals, new prospects, pipeline funnel stage changes, stabilized revenue estimate changes, weighted revenue estimate changes and additional information. Actual results could differ materially from the estimates. Sales wins are removed from the sales pipeline in the quarter in which the applicable contract for the business is executed 2 Q3’26 probability weighted sales pipeline represents $11 million to $14 million in annual revenue on a stabilized basis based upon the Company’s forecasted probability of closing 3 Sales wins represent an estimate of the annualized revenue on a stabilized basis from the total sales wins in the applicable year / quarter. It is anticipated that stabilized revenue could be achieved after an initial ramp-up period for most sales wins. The time period for the Company to begin to realize revenue on a stabilized basis, if at all, from a sales win can significantly vary based on a variety of conditions, including those related to the applicable client, the subject service, the applicable industry and the broader economy. Actual results could differ materially from applicable estimates. A sales win is included in the estimate of the applicable quarter in which the applicable contract for the business is executed. Estimates are not updated to reflect revenue recognized or changes to estimated revenue subsequent to the sales wins. Recognized revenue from sales wins is set forth in Growth in Service revenue 4 Represents Service revenue recognized in the applicable period from FY 2024, FY 2025 and FY 2026 sales wins Strong Sales Wins3 Estimated Annualized Service Revenue on a Stabilized Basis Attractive Sales Pipeline1,2 Probability Weighted Average Pipeline Estimated Revenue – End of Quarter Growth in Service Revenue4 Service Revenue Generated from Sales Wins $25.8 $20.6 $12.4 $5.2 $2.7 2024 2025 Q1'26 Q2'26 Q3'26 $3.8 $7.9 $4.9 $9.1 $13.0 $51.9 2024 2025 Q1'26 Q2'26 Q3'26 Q3'26 Annualized Cumulative Wins: $66.7
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© 2026 Altisource All Rights Reserved. 1.0 1.0 0.9 0.4 0.2 0.7 1.4 2.3 2.6 2.8 4.0 4.9 14.0 19.3 22.9 5.7 7.3 17.2 22.3 26.0 Sept 30, 2025 Dec 31, 2025 Mar 31, 2026 Jun 30, 2026 Sept 30, 2026 Ending Inventory (in thousands) G R O W I N G H U B Z U I N V E N TO R Y 9 Hubzu Inventory Growth from Sales Wins • Hubzu inventory within Marketplace more than quadrupled over the past year, reaching 26,000 assets as of September 30, 2026 compared with 5,700 a year earlier − Inventory increased 16% in Q3 2026 • Because Hubzu inventory typically moves through the foreclosure process and REO sale stages before generating revenue, inventory growth should be a precursor to home sales and revenue growth2 • Hubzu transacted 789 homes in Q3 2026, compared with 583 homes in Q3 2025 and 710 homes in Q2 20263 • As growing inventory seasons, we anticipate a larger number of assets to advance to sale, supporting future Hubzu transaction volumes and revenue growth Note: Numbers may not sum due to rounding 1 Altisource does not provide foreclosure auction services to Rithm 2 For REO inventory, Altisource generates revenue on those REO that are ultimately sold, which has typically been most of the REO inventory. For foreclosure auction inventory, Altisource generates revenue on those foreclosures that ultimately reach foreclosure sale and are sold to a third party, which has typically been anywhere from 5% - 10% of foreclosure auction inventory, and at a higher-level pre-COVID 3 Additional historical Hubzu sales data is included in the Appendix
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© 2026 Altisource All Rights Reserved. $1.7 $1.7 $2.6 $1.6 $2.1 19.8% 17.2% 18.9% 11.5% 15.3% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Segment Gross Profit Gross Profit Margin $0.9 $0.7 $1.2 $0.5 $1.2 10.3% 7.1% 9.0% 3.7% 8.3% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Segment Adj. EBITDA Adj. EBITDA Margin $8.5 $9.8 $13.7 $14.3 $14.0 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 O R I G I N AT I O N S E G M E N T 10 Segment Service Revenue Segment Adjusted EBITDA1Segment Gross Profit Segment Financial Performance (vs. Q3 2025) • Delivered strong sales growth despite a difficult origination market with origination unit volume down by 6%2 compared to Q3 2025 • Service revenue of $14.0 million was 65% higher than Q3 2025, driven principally by customer wins • Adjusted EBITDA1 increased 33% to $1.2 million, even as we continued to invest in the talent and capabilities to support future growth • These results demonstrate that our performance was driven by market share gains and customer adoption, rather than market-based fluctuations Note: Charts above present $ in millions and profitability measures as a % of Segment Service revenue 1 This is a non-GAAP measure defined and reconciled in the Appendix 2 MBA Mortgage Finance Forecast dated October 11, 2026, as well as historical forecasts; Total 1-to 4-Family (000s loans)
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© 2026 Altisource All Rights Reserved. O R I G I N AT I O N – S A L E S P I P E L I N E A N D W I N S 11 $13.2 $14.9 $17.2 $20.0 $18.5 Q4'24 Q4'25 Q1'26 Q2'26 Q3'26 Note: $ in millions. Numbers may not sum due to rounding 1 Sales pipeline represents a weighted estimate of the annualized revenue on a stabilized basis from the sales pipeline at the end of the applicable quarter. The pipeline can and will change based on won and lost deals, new prospects, pipeline funnel stage changes, stabilized revenue estimate changes, weighted revenue estimate changes and additional information. Actual results could differ materially from the estimates. Sales wins are removed from the sales pipeline in the quarter in which the applicable contract for the business is executed 2 Q3’26 probability weighted sales pipeline represents $16 million to $21 million in annual revenue on a stabilized basis based upon the Company’s forecasted probability of closing 3 Sales wins represent an estimate of the annualized revenue on a stabilized basis from the total sales wins in the applicable year / quarter. It is anticipated that stabilized revenue could be achieved after an initial ramp-up period for most sales wins. The time period for the Company to begin to realize revenue on a stabilized basis, if at all, from a sales win can significantly vary based on a variety of conditions, including those related to the applicable client, the subject service, the applicable industry and the broader economy. Actual results could differ materially from applicable estimates. A sales win is included in the estimate of the applicable quarter in which the applicable contract for the business is executed. Estimates are not updated to reflect revenue recognized or changes to estimated revenue subsequent to the sales wins. Recognized revenue from sales wins is set forth in Growth in Service revenue 4 Represents Service revenue recognized in the applicable period from FY 2024, FY 2025 and FY 2026 sales wins Strong Sales Wins3 Estimated Annualized Service Revenue on a Stabilized Basis Attractive Sales Pipeline1,2 Growth in Service Revenue4 Service Revenue Generated from Sales Wins $12.6 $20.9 $4.7 $7.1 $6.3 2024 2025 Q1'26 Q2'26 Q3'26 $3.7 $12.3 $7.4 $8.4 $8.3 $33.1 2024 2025 Q1'26 Q2'26 Q3'26 Q3'26 Annualized Probability Weighted Average Pipeline Estimated Revenue – End of Quarter Cumulative Wins: $51.6
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© 2026 Altisource All Rights Reserved. C U S TO M E R D I V E R S I F I C AT I O N 12 Customer Diversification • We are executing against our plan to grow revenue, reduce our dependence on Onity and Rithm, and build a more resilient revenue base across Altisource • Q3 2026 total Company Service revenue grew 26% over Q3 2025 • Service revenue from customers other than Onity, Rithm and those associated with Onity and Rithm’s portfolios grew by 96% compared to Q3 2025, increasing from 46% of total Company Service revenue to 72% • This shift reduces Onity and Rithm customer concentration, broadens the sources of our growth and should enhance the durability of our revenue base $19.7 $20.7 $17.2 $14.1 $18.3 $20.3 $24.3 $31.6 $35.7 $39.7 $39.9 $45.1 $48.7 $49.8 54% 49% 46% 35% 28% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% - 10.0 20.0 30.0 40.0 50.0 60.0 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Onity and Rithm All Other Customers 72% 54% 65% 51% 46% Service Revenue by Customer Category (and % of total Company Service revenue) Note: $ in millions. Numbers may not sum due to rounding Note: Onity and Rithm Service revenue in the chart above includes revenue related to the portfolios serviced and subserviced by Onity when a party other than Onity, Rithm or the MSR owner selects Altisource as the service provider. Refer to Form 10-Q for additional information $21.4 $19.7 $20.7 $17.2 $14.1
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© 2026 Altisource All Rights Reserved. A I A N D A U TO M AT I O N S T R AT E G Y 13 Focused on three measurable outcomes: Increasing Operating Efficiency Expanded AI-enabled operational workflows across: • Marketplace • Field Services • Valuations • Finance • Other Corporate support functions Accelerating Software Development Used AI to shorten development cycles across software products, including: • Servicer Segment − Equator, Marketplace, Granite (construction risk management), Field Services and Valuations • Origination Segment − Vendorly Monitor and Loan fulfillment services Strengthening our Product Offering Continued building new AI- developed SaaS solutions for: • Construction risk management • Commercial loan servicing • Real Estate Asset Management Control Tower (Agent-assisted) Initiatives in early-stage | Positioned to improve scalability and support revenue growth
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© 2026 Altisource All Rights Reserved. C O R P O R AT E A N D OT H E R S S E G M E N T 14 ($7.3) ($7.3) ($7.6) ($7.9) ($7.1) -18.3% -18.4% -16.8% -16.1% -14.2% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Corporate Corp Cost as % of Service Revenue Corporate and Others Adjusted EBITDA1 Loss Note: Chart above presents $ in millions and Corporate and Others Adjusted EBITDA1 Loss as a percentage of total Company Service revenue 1 This is a non-GAAP measure defined and reconciled in the Appendix Corporate Financial Performance (vs. Q3 2025) • Q3 2026 Corporate Adjusted EBITDA1 loss was $7.1 million, reflecting a $0.2 million reduction in costs compared with Q3 2025 and a $0.8 million decrease compared with Q2 2026 • We continue to expect Corporate costs to remain relatively stable as the business grows • Because the Business Segments generated combined Q3 2026 Adjusted EBITDA1 margins of approximately 23%, incremental revenue should contribute meaningfully to consolidated earnings • Corporate and Others includes costs related to corporate functions including executive, infrastructure and certain technology groups, finance, law, compliance, human resources, vendor management, facilities, risk management, and eliminations between reportable segments
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© 2026 Altisource All Rights Reserved. Delinquency and Foreclosure Environment1 • As of August 2026, 90+ day delinquent mortgages, including loans in foreclosure, totaled 872,000 − This represents a 26% increase from August 2025 and a 9% increase from December 2025 • Foreclosure starts and sales for the first eight months of 2026* were 20% and 17% higher, respectively, than the same period in 2025 *These metrics remain below pre-pandemic levels Origination Market Environment2 • Q3 2026 industrywide mortgage origination unit volume decreased 6% compared to Q3 2025 − Refinance unit volume decreased 8% − Purchase unit volume decreased 5% • MBA projects 5.3 million loans will be originated in 2026 (6% growth over 2025) − Refinance unit volume is projected to increase 23% − Purchase unit volume is projected to decrease 1% B U S I N E S S E N V I R O N M E N T 15 1 Per ICE Mortgage Monitor and First Look reports with data through August 2026 2 MBA Mortgage Finance Forecast dated October 11, 2026, as well as historical forecasts; Total 1-to 4- Family (000s loans) 3.4 8.8 8.3 2.3 0.8 1.0 1.5 1.8 4.4 4.9 5.2 4.4 3.4 3.5 3.6 3.5 7.8 13.7 13.5 6.7 4.2 4.6 5.0 5.3 2019 2020 2021 2022 2023 2024 2025 2026 (F) Refinance Purchase Total Origination Volume (million loans)
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© 2026 Altisource All Rights Reserved. C O N C LU S I O N 16 © 2026 Altisource All Rights Reserved. • Third quarter results provide further evidence that Altisource’s strategy is working − Customer wins should continue to drive strong revenue growth − Revenue base is more diversified from Onity and Rithm − AI, automation and operating efficiency initiatives should build a more scalable cost structure • As recent wins continue to ramp and season and efficiency benefits build, we believe Altisource is positioned to generate stronger earnings, increased operating leverage and durable stakeholder value with upside if market conditions improve
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A P P E N D I X
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© 2026 Altisource All Rights Reserved. T H I R D Q UA R T E R 2 0 2 6 F I N A N C I A L R E S U LT S 18 $ millions (except per share data) Q3 2025 Q3 2026 Vs. Q3 2025 YTD 2025 YTD 2026 Vs. YTD 2025 Service revenue $ 39.7 $ 49.8 26% $ 121.3 $ 143.7 18% Revenue 41.9 51.9 24% 128.6 150.2 17% Gross profit 11.3 12.1 7% 37.7 38.1 1% Income from operations 0.5 0.8 47% 7.0 3.6 (48%) Adjusted operating income1 2.7 3.8 44% 13.3 11.8 (11%) Loss before income taxes and non-controlling interests (1.7) (1.0) 40% (6.0) (0.7) 89% Pretax loss attributable to Altisource1 (1.7) (1.0) 43% (6.2) (0.8) 87% Adjusted pretax income attributable to Altisource1 1.3 2.1 59% 4.4 7.4 66% Adjusted EBITDA1 3.6 4.3 17% 14.3 13.1 (8%) Net (loss) income attributable to Altisource (2.4) (1.4) 42% 8.8 (2.6) (129%) Adjusted net income attributable to Altisource1 1.1 1.5 39% 3.1 5.6 81% Diluted (loss) earnings per share2 (0.22) (0.12) 45% 0.81 (0.23) (128%) Adjusted diluted earnings per share1 0.10 0.13 30% 0.29 0.48 66% Gross profit / Service revenue 29% 24% 31% 26% Adjusted EBITDA1 / Service revenue 9% 9% 12% 9% 1 This is a non-GAAP measure defined and reconciled in the Appendix 2 Stock options, restricted shares and restricted share units were excluded from the computation of diluted loss per share because their impact would be anti-dilutive
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© 2026 Altisource All Rights Reserved. O P E R AT I N G M E T R I C S 19 1 Amounts presented herein for Q3’23 through Q3’26 are based on all forward loans serviced by Onity; information contained herein is based upon information reported to us by Onity. Delinquency rates include loans in forbearance programs 2 Includes Service revenue related to the portfolios serviced or subserviced by Onity when a party other than Onity or Rithm selects Altisource as a service provider. Service revenue generated from certain services is not recorded separately for Non-GSE/Non-FHA and GSE/FHA loans. For these services, Service revenue has been allocated between Non-GSE/Non-FHA and GSE/FHA loans based on estimates 3 Delinquent loans include loans that are delinquent for more than 30 days including loans in bankruptcy, foreclosure and REO Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Default Related Services Onity Serviced Forward Loan Portfolio1: Service revenue2 per delinquent loan3 per quarter Non-GSE and Non-FHA 275$ 262$ 316$ 331$ 328$ 308$ 380$ 426$ 381$ 308$ 307$ 298$ 293$ GSE and FHA 199$ 180$ 175$ 181$ 170$ 191$ 235$ 241$ 288$ 241$ 265$ 296$ 346$ Average number of delinquent loans serviced by Onity Non-GSE and Non-FHA (in thousands) 64 63 61 56 55 55 49 43 45 52 53 41 28 GSE and FHA (in thousands) 13 14 14 14 16 17 15 14 12 14 15 15 16 Average delinquency rate of loans serviced by Onity Non-GSE and Non-FHA 13.7% 13.7% 13.4% 12.5% 12.3% 11.4% 10.6% 10.1% 10.5% 11.7% 12.3% 12.2% 12.6% GSE and FHA 1.6% 1.7% 1.7% 1.7% 1.9% 2.1% 1.9% 1.6% 1.4% 1.5% 1.6% 1.5% 1.5% Provisional loan count serviced by Onity as of the end of the period Non-GSE and Non-FHA (in thousands) 464 460 456 449 439 478 431 428 437 441 424 242 206 GSE and FHA (in thousands) 792 777 824 835 817 806 848 877 874 906 939 1,031 1,055
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© 2026 Altisource All Rights Reserved. O P E R AT I N G M E T R I C S 20 1 Revenue from Onity or Rithm homes transacted on Hubzu is also reflected in Service revenue per delinquent loan per quarter reported in the previous slide 2 Includes the portfolios acquired (or anticipated to be acquired) by Rithm from Onity. Beginning in Q1’25, we receive certain referrals directly from Rithm’s servicing platform Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Hubzu: Service revenue (in millions)1 $ 7.1 $ 5.8 $ 7.1 $ 7.3 $ 6.4 $ 6.0 $ 6.6 $ 6.4 $ 5.7 $ 5.6 $ 6.6 $ 7.5 $ 7.3 Number of homes transacted on Hubzu: Onity serviced portfolios2 556 443 494 505 431 398 410 435 391 369 381 336 194 All other 193 189 200 211 196 202 187 200 192 180 199 374 595 Total 749 632 694 716 627 600 597 635 583 549 580 710 789
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© 2026 Altisource All Rights Reserved. H U B Z U I N V E N TO R Y 21 3.6 2.4 2.2 2.7 2.2 2.4 2.4 2.4 2.4 3.7 13.4 18.9 22.6 6.8 2.6 4.1 3.6 3.5 3.7 4.1 3.8 3.3 3.6 3.7 3.4 3.4 10.4 5.0 6.3 6.2 5.7 6.0 6.5 6.2 5.7 7.3 17.2 22.3 26.0 Q4'19 Q4'20 Q4'21 Q4'22 Q4'23 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Ending Inventory (in thousands) Onity and Rithm All Other Customers Note: Numbers may not sum due to rounding
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© 2026 Altisource All Rights Reserved. I N D U S T R Y W I D E F O R E C LO S U R E S TA R T S 22 Foreclosure Starts and Timing • In response to the COVID-19 pandemic, borrowers were provided various relief measures, including foreclosure and eviction moratoriums, forbearance programs and loss mitigation measures − These relief measures largely expired at the end of 2021 • Following the expiration of these measures, foreclosure starts grew, but remain below pre- pandemic levels − 2025 foreclosure starts were 19% lower than 2019 − Foreclosure starts for the first eight months of 2026 were 20% higher than the same period in 2025, but 6% lower than the same period in 2019 • Should foreclosure start levels increase, there is a significant opportunity for revenue growth in our pre-foreclosure and foreclosure solutions, with upside in a higher delinquency rate environment Source: ICE Mortgage Monitor and First Look Reports with data from January 2018 through August 2026 Foreclosure Starts 90+ DQ rate 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% - 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 FC Starts Serious Deliquencies (90+ incl. FC) Shaded area represents period of borrower relief measures
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© 2026 Altisource All Rights Reserved. I N D U S T R Y W I D E F O R E C LO S U R E S A L E S 23 Foreclosures that Convert to Foreclosure Sales • Foreclosure sales are increasing, but remain significantly lower than pre-pandemic levels − 2025 Foreclosure sales were 45% lower than 2019 (while foreclosure starts were 19% lower) − Foreclosure sales for the first eight months of 2026 were 17% higher than the first eight months of 2025; however, YTD 2026 sales are 40% lower than the same period in 2019 • We anticipate foreclosure sales to increase should the percentage of foreclosure sales to foreclosure inventory increase from (1) the aging of higher post- pandemic foreclosure starts, (2) a normalizing environment for borrower loss mitigation options, and/or (3) a softening real estate market • Should foreclosure sales levels increase, there is a significant opportunity for revenue growth for our online foreclosure real estate marketing platform and REO management and disposition solutions, with upside in a higher delinquency rate environment Source: ICE Mortgage Monitor and First Look Reports with data from January 2018 through August 2026 Foreclosure Sales % Shaded area represents period of borrower relief measures 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 FC Sales FC Sales as % of Beginnning Period FC Inventory
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 24 Adjusted operating income, pretax (loss) income attributable to Altisource, adjusted pretax income attributable to Altisource, adjusted net income attributable to Altisource, adjusted diluted earnings per share, EBITDA, Adjusted EBITDA and Segment Adjusted EBITDA are non-GAAP measures used by management, existing shareholders, potential shareholders and other users of our financial information to measure Altisource’s performance and do not purport to be alternatives to income (loss) from operations, (loss) income before income taxes and non-controlling interests, net (loss) income attributable to Altisource, and diluted (loss) earnings per share1 as measures of Altisource’s performance. • Adjusted operating income is calculated by removing intangible asset amortization expense, share-based compensation expense, cost of cost savings initiatives and other and litigation matter from income (loss) from operations • Pretax (loss) income attributable to Altisource is calculated by removing non-controlling interest from (loss) income before income taxes and non-controlling interests • Adjusted pretax income attributable to Altisource is calculated by removing non-controlling interest, intangible asset amortization expense, share-based compensation expense, cost of cost savings initiatives and other, litigation matter and debt exchange transaction expenses from (loss) income before income taxes and non-controlling interests • Adjusted net income attributable to Altisource is calculated by removing intangible asset amortization expense (net of tax), share-based compensation expense (net of tax), cost of cost savings initiatives and other (net of tax), litigation matter (net of tax), debt exchange transaction expenses (net of tax) and certain income tax related items from net (loss) income attributable to Altisource 1 Stock options, restricted shares and restricted share units were excluded from the computation of diluted loss per share because their impact would be anti-dilutive
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 25 • Adjusted diluted earnings per share is calculated by dividing net (loss) income attributable to Altisource after removing intangible asset amortization expense (net of tax), share-based compensation expense (net of tax), cost of cost savings initiatives and other (net of tax), litigation matter (net of tax), debt exchange transaction expenses (net of tax) and certain income tax related items by the weighted average number of diluted shares • EBITDA is calculated by removing the income tax provision (benefit), interest expense (net of interest income)1, depreciation and amortization and intangible asset amortization expense from GAAP net (loss) income attributable to Altisource • Adjusted EBITDA is calculated by removing the income tax provision (benefit), interest expense (net of interest income)1, depreciation and amortization, intangible asset amortization expense, share-based compensation expense, cost of cost savings initiatives and other, litigation matter and debt exchange transaction expenses from net (loss) income attributable to Altisource • Segment Adjusted EBITDA is calculated by removing interest expense (net of interest income)1, depreciation and amortization, intangible asset amortization expense, share-based compensation expense, cost of cost savings initiatives and other, litigation matter and debt exchange transaction expenses from income (loss) before income taxes and non-controlling interests • The reconciliations of non-GAAP measures to GAAP measures are shown on slides 26 to 32 1 Interest expense, net of interest income, includes interest payable in cash, interest payable in-kind and amortization of debt discount and issuance costs
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 26 Reconciliation ($ in millions except per share data) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 YTD 2025 YTD 2026 Income (loss) from operations 0.5$ (6.6)$ 1.7$ 1.1$ 0.8$ 7.0$ 3.6$ Intangible asset amortization expense 1.3 1.4 1.4 1.4 1.4 3.8 4.2 Share-based compensation expense 1.3 1.3 1.2 1.2 0.9 3.1 3.3 Cost of cost savings initiatives and other (0.4) 0.2 0.1 0.5 0.8 (0.6) 1.4 Litigation matter - 7.5 - (0.7) - - (0.7) Adjusted operating income 2.7$ 3.8$ 4.4$ 3.6$ 3.8$ 13.3$ 11.8$ (Loss) income before income taxes and non-controlling interests (1.7)$ (8.1)$ 0.4$ (0.0)$ (1.0)$ (6.0)$ (0.7)$ Non-controlling interests (0.1) (0.1) (0.1) (0.0) - (0.2) (0.2) Pretax (loss) income attributable to Altisource (1.7) (8.2) 0.3 (0.1) (1.0) (6.2) (0.8) Intangible asset amortization expense 1.3 1.4 1.4 1.4 1.4 3.8 4.2 Share-based compensation expense 1.3 1.3 1.2 1.2 0.9 3.1 3.3 Cost of cost savings initiatives and other 0.3 0.3 0.1 0.5 0.8 0.1 1.4 Litigation matter - 7.5 - (0.7) - - (0.7) Debt exchange transaction expenses 0.2 - - - - 3.6 - Adjusted pretax income attributable to Altisource 1.3$ 2.2$ 2.9$ 2.3$ 2.1$ 4.4$ 7.4$ Note: Numbers may not sum due to rounding
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 27Note: Numbers may not sum due to rounding 1 Stock options, restricted shares and restricted share units were excluded from the computation of diluted loss per share because their impact would be anti-dilutive Reconciliation ($ in millions except per share data) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 YTD 2025 YTD 2026 Net (loss) income attributable to Altisource (2.4)$ (7.2)$ (0.6)$ (0.6)$ (1.4)$ 8.8$ (2.6)$ Intangible asset amortization expense, net of tax 1.3 1.3 1.4 1.4 1.3 3.8 4.1 Share-based compensation expense, net of tax 1.2 1.2 1.1 1.2 0.8 2.9 3.1 Cost of cost savings initiatives and other, net of tax 0.3 0.2 0.1 0.3 0.7 0.2 1.0 Litigation matter, net of tax - 5.7 - (0.6) 0.0 - (0.5) Debt exchange transaction expenses, net of tax 0.2 - - - - 3.6 - Certain income tax related items 0.5 0.0 0.3 0.2 0.1 (16.2) 0.6 Adjusted net income attributable to Altisource 1.1$ 1.3$ 2.1$ 2.0$ 1.5$ 3.1$ 5.6$ Diluted (loss) earnings per share 1 (0.22)$ (0.66)$ (0.06)$ (0.05)$ (0.12)$ 0.81$ (0.23)$ Impact of using diluted share count instead of basic share count for loss per share -$ -$ -$ -$ -$ -$ 0.01$ Intangible asset amortization expense, net of tax, per diluted share 0.12 0.12 0.13 0.12 0.11 0.35 0.35 Share-based compensation expense, net of tax, per diluted share 0.11 0.11 0.10 0.10 0.07 0.26 0.26 Cost of cost savings initiatives and other, net of tax, per diluted share 0.02 0.02 0.01 0.03 0.05 0.02 0.09 Litigation matter, net of tax, per diluted share - 0.52 - (0.05) - - (0.05) Debt exchange transaction expenses, net of tax, per diluted share 0.02 - - - - 0.33 - Certain income tax related items per diluted share 0.05 0.00 0.02 0.02 0.01 (1.49) 0.05 Adjusted diluted earnings per share 0.10$ 0.11$ 0.19$ 0.17$ 0.13$ 0.29$ 0.48$
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 28Note: Numbers may not sum due to rounding Reconciliation ($ in millions except per share data) Q3 2025 Q3 2026 YTD 2025 YTD 2026 Calculation of the per share impact of intangible asset amortization expense, net of tax Intangible asset amortization expense 1.3$ 1.4$ 3.8$ 4.2$ Tax benefit from intangible asset amortization - (0.0) - (0.1) Intangible asset amortization expense, net of tax 1.3 1.3 3.8 4.1 Diluted share count (in 000s) 10,988 11,882 10,890 11,742 Intangible asset amortization expense, net of tax, per diluted share 0.12$ 0.11$ 0.35$ 0.35$ Calculation of the per share impact of share-based compensation expense, net of tax Share-based compensation expense 1.3$ 0.9$ 3.1$ 3.3$ Tax benefit from share-based compensation expense (0.1) (0.1) (0.2) (0.3) Share-based compensation expense, net of tax 1.2 0.8 2.9 3.1 Diluted share count (in 000s) 10,988 11,882 10,890 11,742 Share-based compensation expense, net of tax, per diluted share 0.11$ 0.07$ 0.26$ 0.26$ Calculation of the per share impact of cost of cost savings initiatives and other, net of tax Cost of cost savings initiatives and other 0.3$ 0.8$ 0.1$ 1.4$ Tax provision (benefit) from cost of cost savings initiatives and other 0.0 (0.2) 0.0 (0.3) Cost of cost savings initiatives and other, net of tax 0.3 0.7 0.2 1.0 Diluted share count (in 000s) 10,988 11,882 10,890 11,742 Cost of cost savings initiatives and other, net of tax, per diluted share 0.02$ 0.05$ 0.02$ 0.09$
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 29Note: Numbers may not sum due to rounding Reconciliation ($ in millions except per share data) Q3 2025 Q3 2026 YTD 2025 YTD 2026 Calculation of the per share impact of Litigation matter, net of tax Litigation matter -$ -$ -$ (0.7)$ Tax provision from Litigation matter - 0.0 - 0.2 Litigation matter, net of tax - 0.0 - (0.5) Diluted share count (in 000s) 10,988 11,882 10,890 11,742 Litigation matter, net of tax, per diluted share -$ - -$ (0.05)$ Calculation of the per share impact of debt exchange transaction expenses, net of tax Debt exchange transaction expenses 0.2$ -$ 3.6$ -$ Tax benefit from debt exchange transaction expenses - - - - Debt exchange transaction expenses, net of tax 0.2 - 3.6 - Diluted share count (in 000s) 10,988 11,882 10,890 11,742 Debt exchange transaction expenses, net of tax, per diluted share 0.02$ -$ 0.33$ -$ Calculation of the per share impact of certain income tax items resulting from: Foreign income tax reserves / other 0.5$ 0.1$ (16.2)$ 0.6$ Certain income tax related items 0.5 0.1 (16.2) 0.6 Diluted share count (in 000s) 10,988 11,882 10,890 11,742 Certain income tax items, per diluted share 0.05$ 0.01$ (1.49)$ 0.05$
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 30Note: Numbers may not sum due to rounding 1 Interest expense, net of interest income, includes interest payable in cash, interest payable in-kind and amortization of debt discount and issuance costs Reconciliation ($ in millions except per share data) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 YTD 2025 YTD 2026 Net (loss) income attributable to Altisource (2.4)$ (7.2)$ (0.6)$ (0.6)$ (1.4)$ 8.8$ (2.6)$ Income tax provision (benefit) 0.7 (1.0) 0.9 0.5 0.4 (15.1) 1.8 Interest expense, net of interest income 1 2.2 1.7 1.5 2.0 2.1 9.4 5.5 Depreciation and amortization 0.1 0.1 0.1 0.1 0.1 0.4 0.2 Intangible asset amortization expense 1.3 1.4 1.4 1.4 1.4 3.8 4.2 EBITDA 1.8$ (5.1)$ 3.2$ 3.4$ 2.5$ 7.4$ 9.1$ Share-based compensation expense 1.3 1.3 1.2 1.2 0.9 3.1 3.3 Cost of cost savings initiatives and other 0.3 0.3 0.1 0.5 0.8 0.1 1.4 Litigation matter - 7.5 - (0.7) - - (0.7) Debt exchange transaction expenses 0.2 - - - - 3.6 - Adjusted EBITDA 3.6$ 4.0$ 4.4$ 4.4$ 4.3$ 14.3$ 13.1$
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 31Note: Numbers may not sum due to rounding 1 Interest expense, net of interest income, includes interest payable in cash, interest payable in-kind and amortization of debt discount and issuance costs Reconciliation ($ in millions except per share data) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 YTD 2025 YTD 2026 Servicer and Real Estate: Income before income taxes and non-controlling interests 9.0$ 2.1$ 9.8$ 11.5$ 9.2$ 31.2$ 30.5$ Interest expense, net of interest income1 0.1 0.0 (0.0) 0.0 0.0 0.1 0.0 Depreciation and amortization 0.1 0.1 0.0 0.0 0.0 0.2 0.1 Intangible asset amortization expense 0.7 0.7 0.7 0.7 0.7 2.2 2.2 EBITDA 9.8$ 2.9$ 10.6$ 12.3$ 9.9$ 33.7$ 32.8$ Share-based compensation expense 0.2 0.2 0.2 0.1 0.2 0.2 0.5 Cost of cost savings initiatives and other 0.0 0.0 0.0 0.0 0.1 0.1 0.1 Litigation matter - 7.5 - (0.7) - - (0.7) Segment Adjusted EBITDA - Servicer and Real Estate 10.0$ 10.7$ 10.8$ 11.7$ 10.2$ 34.0$ 32.7$ Origination: (Loss) income before income taxes and non-controlling interests (0.4)$ (0.0)$ 0.7$ (0.2)$ 0.1$ 0.1$ 0.6$ Non-controlling interests (0.1) (0.1) (0.1) (0.0) - (0.2) (0.2) Depreciation and amortization 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest expense, net of interest income1 - 0.0 0.0 0.0 0.0 - 0.0 Intangible asset amortization expense 0.5 0.6 0.7 0.7 0.7 1.6 2.1 EBITDA 0.1$ 0.5$ 1.3$ 0.4$ 0.8$ 1.5$ 2.6$ Share-based compensation expense 0.1 0.1 (0.1) 0.1 0.1 (0.0) 0.2 Cost of cost savings initiatives and other 0.7 0.1 0.0 - 0.2 0.8 0.2 Segment Adjusted EBITDA - Origination 0.9$ 0.7$ 1.2$ 0.5$ 1.2$ 2.2$ 2.9$
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© 2026 Altisource All Rights Reserved. N O N- G A A P M E A S U R E S 32Note: Numbers may not sum due to rounding 1 Interest expense, net of interest income, includes interest payable in cash, interest payable in-kind and amortization of debt discount and issuance costs Reconciliation ($ in millions except per share data) Q3 2025 hn Q4 2025 hn Q1 2026 Q2 2026 Q3 2026 YTD 2025 YTD 2026 Corporate and Others: Loss before income taxes and non-controlling interests (10.3)$ (10.2)$ (10.1)$ (11.3)$ (10.3)$ (37.3)$ (31.8)$ Interest expense, net of interest income1 2.2 1.7 1.4 2.0 2.1 9.3 5.5 Depreciation and amortization 0.0 0.0 0.0 0.0 0.0 0.2 0.1 EBITDA (8.1)$ (8.5)$ (8.7)$ (9.3)$ (8.2)$ (27.8)$ (26.2)$ Share-based compensation expense 1.1 1.0 1.1 1.0 0.6 2.9 2.6 Cost of cost savings initiatives and other (0.5) 0.2 0.0 0.4 0.5 (0.7) 1.0 Debt exchange transaction expenses 0.2 - - - - 3.6 - Segment Adjusted EBITDA - Corporate and Others (7.3)$ (7.3)$ (7.6)$ (7.9)$ (7.1)$ (21.9)$ (22.5)$
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© 2026 Altisource All Rights Reserved. I N V E S TO R R E L AT I O N S I N F O R M AT I O N 33 ABOUT ALTISOURCE Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve. CONTACT INFORMATION All Investor Relations inquiries should be sent to: Investor.relations@altisource.com EXCHANGE NASDAQ Global Select Market TICKER ASPS HEADQUARTERS Luxembourg EMPLOYEES ~1,325