Skyline Champion Q4 net sales down 23% to $491.5M; EPS $1.00; full year EPS up 62%

Fourth Quarter Fiscal 2023 Highlights (compared to Fourth Quarter Fiscal 2022) · Net sales decreased 23.0% to $491.5 million · U.S. homes sold decreased 25.5% to 4,900 · Total backlog decreased 42.1% to $308 million from the sequential third quarter · Average selling price (“ASP”) per U.S. home sold increased 5.6% to $92,700 · Gross profit margin contracted by 120 basis points to 28.7% · Net income decreased by 33.5% to $57.7 million · Earnings per share (“EPS”) decreased 33.8% to $1.00 · Adjusted EBITDA decreased 37.3% to $76.2 million · Adjusted EBITDA margin contracted by 350 basis points to 15.5% · Net cash generated by operating activities of $52.2 million during the quarter

Full Year Fiscal 2023 Financial Highlights For fiscal 2023, net sales were $2.6 billion which represents an increase of 18.1%, or $399.3 million, compared to fiscal 2022. Net sales growth was primarily driven by higher average selling prices per home and $200 million of disaster relief housing revenue recorded in the first half of the fiscal year. Gross profit increased $229.6 million or 39.0% to $818.7 million in fiscal 2023, compared to $589.1 million in the prior year period. Gross profit margin increased by 470 basis points to 31.4% of net sales for fiscal 2023, compared to fiscal 2022, primarily due to disaster-relief housing mix, increased price levels, operational efficiencies and improved leverage of fixed costs. SG&A increased to $300.4 million for fiscal 2023, compared to $256.2 million in the prior year period primarily due to acquisitions and new plant startups, higher variable compensation from increased sales volumes and higher marketing expenses. As a percentage of sales