Managing Growth and 2020 Highlights

23 Well-managed Land Position - Premier Locations Owned and Optioned Lots 3/31/2021 Geographic Breakdown Total Lots Controlled - 3/31/2021 Optioned 60% Owned 40% Southern 65% Owned & Optioned Lots - 5.1 Years Lot Supply – Controlled 2.0 Years Lot Supply - Owned * # Lots in Thousands 28.5 Northern 35% 42.0 39.5 33.2 28.7 22.7 25.2 18.6 16.9 14.7 14.0 14.6 16.8 16.8 11.6 12/31/17 12/31/18 12/31/19 Owned 12/31/20 03/31/21 Optioned * Based on home closings for trailing four quarters. M/I HOMES

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