X0202 SCHEDULE 13G/A 0001618333 XXXXXXXX LIVE 5 Class A Common Stock, Par Value $0.0001 per share 04/30/2026 0001581091 RE/MAX Holdings, Inc. 75524W108 5075 SOUTH SYRACUSE STREET DENVER CO 80237 Rule 13d-1(b) Magnolia Capital Fund, LP DE 946820.00 0.00 946820.00 0.00 946820.00 N 4.7 PN The Magnolia Group, LLC NE 946820.00 0.00 946820.00 0.00 946820.00 N 4.7 IA Adam K. Peterson X1 946820.00 0.00 946820.00 0.00 946820.00 N 4.7 IN RE/MAX Holdings, Inc. 5075 SOUTH SYRACUSE STREET, DENVER, CO, 80237 This Schedule 13G is being jointly filed by (i) Magnolia Capital Fund, LP ("MCF"), (ii) The Magnolia Group, LLC ("TMG"), a registered investment adviser, and (iii) Adam K. Peterson (each a "Reporting Person" and, collectively, the "Reporting Persons") with respect to shares of the common stock, $0.0001 par value of the Issuer (the, "Common Stock"). TMG is the general partner of MCF. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson may each exercise voting and dispositive power over the Common Stock held by MCF and, as a result, may be deemed to be indirect beneficial owners of the shares of Common Stock held by MCF. TMG and Mr. Peterson disclaim beneficial ownership of the Common Stock. 1601 Dodge Street, Suite 3300, Omaha, NE 68102 MCF is a Delaware limited partnership. TMG is a Nebraska limited liability company and registered investment adviser. Mr. Peterson is a U.S. citizen. N IA (i) 946,820 (ii) 946,820 (iii) 946,820 (i) 4.7% (ii) 4.7% (iii) 4.7% (i) 946,820 (ii) 946,820 (iii) 946,820 0 (i) 946,820 (ii) 946,820 (iii) 946,820 0 N Y N Not Applicable. N Not Applicable. N Not Applicable. N Not Applicable. N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Joint Filing Agreement, dated as of May 6, 2026, by and between Magnolia Capital Fund, LP, The Magnolia Group, LLC, and Adam K. Peterson. Magnolia Capital Fund, LP /s/ Adam K. Peterson 05/06/2026 The Magnolia Group, LLC /s/ Adam K. Peterson 05/06/2026 Adam K. Peterson /s/ Adam K. Peterson 05/06/2026