On June 7, 2024, Walker & Dunlop, Inc. (the ?Company?) was informed that Michael D. Malone, a member of the Company?s Board of Directors (the ?Board?), passed away on June 7, 2024. The Company is deeply saddened by Mr. Malone?s unexpected passing and extends its sincere condolences to his family. Mr. Malone joined the Board in November 2012 and served as Lead Director, Chair of the Compensation Committee of the Board and a member of the Audit and Risk Committee of the Board (the ?Audit Committee?).

Following the death of Mr. Malone, the Audit Committee was reduced to two members. Due to the reduced number of Audit Committee members, the Company was no longer compliant with Section 303A.07(a) of the New York Stock Exchange (?NYSE?) Listed Company Manual, which requires that the audit committee of an NYSE-listed company consist of at least three members. On June 9, 2024, at the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board elected Gary S. Pinkus to the Board, effective immediately, to serve until the next annual meeting of stockholders of the Company and until his successor is duly elected and qualified.

The Board also appointed Mr. Pinkus to serve on the Audit Committee, effective immediately. Mr. Pinkus has served as Chairman of McKinsey & Company (?McKinsey?) in North America since 2018. Prior to that role, he served as the managing partner of McKinsey?s North America practice from 2015 to 2018, managing partner of McKinsey?s West Coast practice from 2006 to 2013 and managing partner of McKinsey?s San Francisco office from 2003 to 2006.

Mr. Pinkus is also the former global leader of McKinsey?s Private Equity & Principal Investors Practice, which he helped found more than two decades ago. He has served on McKinsey?s Shareholders Council since 2009 and has chaired McKinsey?s Senior Partners Committee since 2019. Mr. Pinkus also previously chaired McKinsey?s Risk, Audit and Governance Committee, Strategy Committee and Finance and Infrastructure Committee.

He currently serves on the Board of Trustees of Wake Forest University and as Chair of the U.S. Ski and Snowboard Finance Committee. Mr. Pinkus holds a B.A. in English and Quantitative Economics from Stanford University and an M.B.A. from Harvard Business School.