WD

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units will vest on the one year anniversary of the date of grant and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units will vest on the one year anniversary of the date of grant and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

Represents shares of common stock granted to the reporting person, which are subject to the terms of the Walker & Dunlop, Inc. 2024 Equity Incentive Plan. The shares of restricted common stock vest on the one-year anniversary of the grant date.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units will vest on the one year anniversary of the date of grant and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non- Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

Represents shares of common stock granted to the reporting person, which are subject to the terms of the Walker & Dunlop, Inc. 2024 Equity Incentive Plan. The shares of restricted common stock vest on the one-year anniversary of the grant date.

Represents shares of common stock granted to the reporting person, which are subject to the terms of the Walker & Dunlop, Inc. 2024 Equity Incentive Plan. The shares of restricted common stock vest on the one-year anniversary of the grant date.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

Represents shares of common stock granted to the reporting person, which are subject to the terms of the Walker & Dunlop, Inc. 2024 Equity Incentive Plan. The shares of restricted common stock vest on the one-year anniversary of the grant date.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units are fully vested and were settled in shares of the Issuer's common stock on March 13, 2026 pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units are fully vested and were settled in shares of the Issuer's common stock on March 13, 2026 pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors.

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $49.076 to $49.3499. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $47.19 to $47.68. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

The restricted stock vests in three equal annual installments beginning on February 15, 2027.

The restricted stock vests in three equal annual installments beginning on February 15, 2027.

Each restricted stock unit represents the right to receive one share of common stock of the Issuer.

The restricted stock units will be settled in shares of the Issuer's common stock on a date selected by the reporting person pursuant to the Plan, subject to vesting acceleration pursuant to the Plan.

Each restricted stock unit represents the right to receive one share of common stock of the Issuer.

The restricted stock units will be settled in shares of the Issuer's common stock on a date selected by the reporting person pursuant to the Plan, subject to vesting acceleration pursuant to the Plan.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Management Deferred Stock Unit Purchase Plan, as amended (the "Plan"), or (ii) as otherwise provided by the Plan.

The restricted stock vests in three equal annual installments beginning on February 15, 2027.

The restricted stock vests in three equal annual installments beginning on February 15, 2027.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Management Deferred Stock Unit Purchase Plan, as amended (the "Plan"), or (ii) as otherwise provided by the Plan.

Each restricted stock unit represents the right to receive one share of common stock of the Issuer.

The restricted stock units will be settled in shares of the Issuer's common stock on a date selected by the reporting person pursuant to the Plan, subject to vesting acceleration pursuant to the Plan.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Management Deferred Stock Unit Purchase Plan, as amended (the "Plan"), or (ii) as otherwise provided by the Plan.

The restricted stock vests in three equal annual installments beginning on February 15, 2027.

Each restricted stock unit represents the right to receive one share of common stock of the Issuer.

The restricted stock units were settled in shares of the Issuer's common stock on January 30, 2026.

Each dividend equivalent right is the economic equivalent of one share of the common stock of the Issuer

The dividend equivalent right accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

The deferred stock units are fully vested and were settled in shares of the Issuer's common stock on January 30, 2026 pursuant to the Walker & Dunlop, Inc. Management Deferred Stock Unit Purchase Plan.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.

Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.