LGI Homes, Inc. — fact timeline

LGI Homes, Inc. engaged Deloitte & Touche LLP as its auditor.

“the Audit Committee appointed Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm”

LGI Homes, Inc. dismissed Ernst & Young LLP as its auditor.

“(a) Dismissal of Independent Registered Public Accounting Firm The Audit Committee of the Board of Directors (the “Audit Committee”) of LGI Homes, Inc. (the “Company”) conducted a competitive selection process to determine the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, including Ernst & Young LLP (“E&Y”), the Company’s independent registered public accounting firm. As a result of this competitive selection process, following the review and evaluation of proposals from participating firms, on June 8, 2026 (the “Effective Date”), the Audit Committee dismissed E&Y as the Company’s independent registered public accounting firm. The audit reports of E&Y on the Company’s consolidated financial statements as of and for the fiscal years ended December 31, 2025 and 2024 did not contain any adverse opinion or disclaimer of opinion, nor wer”

LGI Homes, Inc. reported the three months ended March 31, 2026 results: revenue $319.7 million, net income $2.2 million, EPS $0.09 basic EPS and $0.09 diluted EPS. Guidance raised.

“the spring selling season have reinforced our confidence in the year ahead. “In the first quarter, we delivered a total of 916 homes. 881 home closings contributed to revenue of $319.7 million and 35 currently or previously leased homes were recognized in other income. Notably, our average sales price per home closed increased nearly 3% to approximately $362,924,”

LGI Homes, Inc. shareholders approved Advisory Vote to Approve the Frequency of Future Stockholder Advisory Votes on Executive Compensation at the 2024-04-25 meeting.

“Advisory Vote to Approve the Frequency of Future Stockholder Advisory Votes on Executive Compensation (Item 4) The results of the advisory vote on the frequency of future stockholder advisory votes on executive compensation were 1 Year 2 Years 3 Years Abstentions 16,028,592 17,514 1,412,782 5,514”

LGI Homes, Inc. shareholders approved Advisory Vote to Approve the Compensation Paid to the Named Executive Officers for 2023 at the 2024-04-25 meeting.

“Advisory Vote to Approve the Compensation Paid to the Named Executive Officers for 2023 (Item 3) The advisory vote on the compensation paid to the named executive officers for 2023 was approved: For Against Abstentions Broker Non-Votes 17,160,304 293,861 10,237 1,572,319”

LGI Homes, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-04-25 meeting.

“Ratification of Appointment of Independent Registered Public Accounting Firm (Item 2) The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified: For Against Abstentions Broker Non-Votes 18,907,659 125,697 3,365 —”

LGI Homes, Inc. shareholders approved Election of Directors at the 2024-04-25 meeting.

“Election of Directors (Item 1) The following nominees for director were elected to serve one-year terms expiring at the Company’s 2025 annual meeting of stockholders: Nominee For Withheld Broker Non-Votes Ryan Edone 19,409,524 249,150 1,572,319 Eric Lipar 19,491,245 167,429 1,572,319 Shailee Parikh 19,504,594 154,080 1,572,319 Bryan Sansbury 19,268,453 390,221 1,572,319 Maria Sharpe 19,571,644 87,030 1,572,319 Steven Smith 16,788,231 2,870,443 1,572,319 Robert Vahradian 19,269,523 389,151 1,572,319”

LGI Homes, Inc. reported three months ended March 31, 2024 results: revenue Home sales revenues of $390.9 million, net income Net income of $17.1 million, or $0.72 basic EPS and $0.72 diluted EPS.

“NEWSWIRE) - LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights • Home sales revenues of $390.9 million • Home closings of 1,083 • Average sales price per home closed of $360,897 • Gross margin as a percentage of home sales revenues of 23.4% • Adjusted gross margin (non-GAAP) as a”

LGI Homes, Inc. reported financial results for three months and fiscal year ended December 31, 2023.

“On February 20, 2024, LGI Homes, Inc. (the “Company”) issued a press release announcing its financial results for the three months and fiscal year ended December 31, 2023.”

LGI Homes, Inc. amended credit facility of $1.205 billion with Wells Fargo Bank, National Association maturing April 28, 2028.

“The Credit Agreement Amendment among other things, (a) increased the total commitments under the Credit Agreement to $1.205 billion, which can be increased at the request of the Company by up to $95 million, subject to the terms and conditions of the Credit Agreement, and (b) extended the maturity of the commitments of certain lenders under the Credit Agreement to April 28, 2028.”

LGI Homes, Inc. amended Fourth Amendment to Fifth Amended and Restated Credit Agreement with several financial institutions and Wells Fargo Bank, National Association, as administrative agent valued at $1.205 billion (effective 2023-12-05).

“LGI Homes, Inc. (the “Company”) entered into a Fourth Amendment to Fifth Amended and Restated Credit Agreement with several financial institutions and Wells Fargo Bank, National Association, as administrative agent (the “Credit Agreement Amendment”), which amended the Fifth Amended and Restated Credit Agreement, dated as of April 28, 2021”

LGI Homes, Inc. incurred senior notes of $400,000,000 aggregate principal amount at 8.750% maturing due 2028.

“On November 21, 2023, LGI Homes, Inc. (the “Company”) completed an offering of $400,000,000 aggregate principal amount of its 8.750% Senior Notes due 2028 (the “Notes”).”

LGI Homes, Inc. entered into Fourth Supplemental Indenture with Regions Bank valued at $400,000,000 aggregate principal amount of 8.750% Senior Notes due 2028 (effective 2023-11-21).

“On November 21, 2023, LGI Homes, Inc. (the “Company”) completed an offering of $400,000,000 aggregate principal amount of its 8.750% Senior Notes due 2028 (the “Notes”). The Notes were issued pursuant to an Indenture, dated as of July 6, 2018 (the “Base Indenture”), among the Company, the potential subsidiary guarantors listed therein and Wilmington Trust, National Association, as trustee under the Base Indenture, as amended and supplemented by the Fourth Supplemental Indenture thereto, dated as of November 21, 2023 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among the Company, the subsidiaries of the Company that guarantee the Company’s obligations under its revolving credit facility and Regions Bank, as trustee for the Notes.”

LGI Homes, Inc. entered into Purchase Agreement with Wells Fargo Securities, LLC, as representative of the several initial purchasers named therein valued at $400,000,000 aggregate principal amount (effective 2023-11-17).

“On November 17, 2023, LGI Homes, Inc. (the “Company”) and the subsidiaries of the Company that guarantee the Company’s obligations under its revolving credit facility (the “Subsidiary Guarantors”) entered into a Purchase Agreement (the “Purchase Agreement”) with Wells Fargo Securities, LLC, as representative of the several initial purchasers named therein (collectively, the “Initial Purchasers”), with respect to the issuance and sale by the Company of $400,000,000 aggregate principal amount of its 8.750% Senior Notes due 2028 (the “Notes”)”

LGI Homes, Inc. reported financial results for the third quarter and nine months ended September 30, 2023.

“On October 31, 2023, LGI Homes, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2023.”

LGI Homes, Inc. updated its Full Year 2023 guidance (raised).

“we are raising our full year closing guidance to a range between 6,500 and 7,200 homes and raising our full year gross margin guidance to a range between 21.5% and 23.5% and adjusted gross margin guidance to a range between 23.0% and 25.0%.”

LGI Homes, Inc. reported second quarter 2023 results: revenue $645.3 million, net income $53.1 million, EPS $2.26 Basic EPS and $2.25 Diluted EPS.

“Second Quarter 2023 Highlights • Net Income of $53.1 million, or $2.26 Basic EPS and $2.25 Diluted EPS • Net Income Before Income Taxes of $71.4 million • Home Sales Revenues of $645.3 million • Home Closings of 1,854 • Average Sales Price per Home Closed of $348,042 • Gross Margin as a Percentage of Homes Sales Revenues of 22.0% • Adjusted Gross Margin* as a Percentage of Home Sales Revenues of 23.8%”

LGI Homes, Inc. reported first quarter ended March 31, 2023 results: revenue $487.4 million, net income $27.0 million, EPS $1.14 Diluted EPS.

“First Quarter 2023 Highlights • Net Income of $27.0 million, or $1.15 Basic EPS and $1.14 Diluted EPS • Net Income Before Income Taxes of $32.3 million • Home Sales Revenues of $487.4 million • Home Closings of 1,366 homes • Average Sales Price per Home Closed increased 4.5% from the first quarter of 2022 to $356,777 • Gross Margin as a Percentage of Homes Sales”

LGI Homes, Inc.: Amended Certificate of Incorporation to provide for exculpation of certain officers from personal liability under certain circumstances as permitted by Delaware law (effective 2023-04-28).

“Effective April 28, 2023, LGI Homes, Inc. (the “Company”) amended the Certificate of Incorporation of the Company (the “Certificate of Incorporation”) to provide for exculpation of certain officers of the Company from personal liability under certain circumstances as permitted by Delaware law (the “Amendment”).”

LGI Homes, Inc. shareholders approved Advisory Vote to Amend the Certificate of Incorporation for Exculpation of Officers at the 2023-04-27 meeting.

“Advisory Vote to Amend the Certificate of Incorporation for Exculpation of Officers (Item 4) The advisory vote on the certificate of incorporation for exculpation of officers for 2022 was approved:”

LGI Homes, Inc. shareholders approved Advisory Vote to Approve the Compensation Paid to the Named Executive Officers for 2022 at the 2023-04-27 meeting.

“Advisory Vote to Approve the Compensation Paid to the Named Executive Officers for 2022 (Item 3) The advisory vote on the compensation paid to the named executive officers for 2022 was approved:”

LGI Homes, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-04-27 meeting.

“Ratification of Appointment of Independent Registered Public Accounting Firm (Item 2) The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified:”

LGI Homes, Inc. shareholders approved Election of Directors at the 2023-04-27 meeting.

“Election of Directors (Item 1) The following nominees for director were elected to serve one-year terms expiring at the Company’s 2024 annual meeting of stockholders:”

LGI Homes, Inc. reported three months and fiscal year ended December 31, 2022 results: revenue $2.3 billion, net income $326.6 million, EPS $13.90 basic EPS and $13.76 diluted EPS. Guidance initiated.

“record breaking profitability metrics for the full year.” “We closed 1,448 homes in the fourth quarter, resulting in full year closings of 6,621 homes, full year revenues of $2.3 billion and one of our most profitable years ever. Our full year gross margin was 28.1%, adjusted gross margin was 29.2%, pre-tax net income margin was 18.1% and net income margin was”

LGI Homes, Inc. updated its 2022 guidance (reaffirmed).

“Given our performance to date and outlook for the remainder of the year, we are updating our full year guidance for 2022. We now expect to close between 6,700 and 7,100 homes at an average sales price between $340,000 and $350,000 and to end the year with between 95 and 100 active communities.”

LGI Homes, Inc. reported financial results for three and nine months ended September 30, 2022.

“On November 1, 2022, LGI Homes, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2022.”

Maria Renna Sharpe was appointed as Director at LGI Homes, Inc..

“On January 4, 2022, the Board of Directors (the “Board”) of LGI Homes, Inc. (the “Company”), acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Maria Renna Sharpe to fill the vacancy in the Board created by the previously announced retirement of Duncan Gage and appointed Ms. Sharpe to serve on the Compensation Committee of the Board.”

Shailee Parikh was appointed as Director at LGI Homes, Inc..

“appointed Shailee Parikh to fill the vacancy in the Board created by the previously announced resignation of Laura Miller.”

Laura Miller resigned as Director at LGI Homes, Inc..

“appointed Shailee Parikh to fill the vacancy in the Board created by the previously announced resignation of Laura Miller.”

Duncan Gage retired as Director at LGI Homes, Inc..

“On October 13, 2021, LGI Homes, Inc. (the “Company”) announced that Duncan Gage will retire from his position as a director of the Company on December 31, 2021.”

Laura Miller resigned as director at LGI Homes, Inc..

“Laura Miller resigned as a director of the Company to focus on her other professional responsibilities, including her chief information officer responsibilities at Macy’s, Inc.”