Managing Growth and 2020 Highlights

Adjusted Gross Margin - Quarterly 25% 20% 15% 21.3% 24.1% 24.4% 10% Q1-2017 Q2-2017 Q3-2017 Q4-2017 21.4% 21.4% 19.8% 20.6% 20.0% Q1-2018 Q2-2018 Q3-2018 Q4 2018 Q1 2019 20.5% 18.9% 19.3% 19.2% 20.6% 19.9% 20.2% 21.9% Q2 2019 Q3-2019 Includes financial services revenues and interest in cost of sales; adjusted gross margin excludes impairment, stucco charges and purchase accounting charges - see Appendix. M/I HOMES Q4-2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 22.9% 21 21

View entire presentation