Managing Growth and 2020 Highlights

2 Forward Looking Statements Certain statements in this Presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "envisions," "targets," "goals," "projects,” "intends," "plans,” “believes,” “seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. These statements involve a number of risks and uncertainties. Any forward- looking statements that we make herein and in any future reports and statements are not guarantees of future performance, and actual results may differ materially from those in such forward-looking statements as a result of various factors, including, without limitation, factors relating to the economic environment, interest rates, availability of resources, competition, market concentration, land development activities, construction defect, product liability and warranty claims and various governmental rules and regulations, as more fully discussed in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2020, as the same may be updated from time to time in our subsequent flings with the Securities and Exchange Commission. All forward-looking statements made in this Presentation are made as of the date hereof, and the risk that actual results will differ materially from expectations expressed in this Presentation will increase with the passage of time. The Company undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. However, any further disclosures made on related subjects in our subsequent filings, releases or presentations should be consulted. Non-GAAP Financial Measures: This Presentation contains information about our adjusted housing gross margin, adjusted income before income taxes (or “adjusted pretax income") and adjusted EBITDA, each of which constitutes a non-GAAP financial measure. A reconciliation of these non-GAAP financial measures with the relevant financial metrics calculated in accordance with GAAP is provided in the Appendix. These non-GAAP financial measures should be used to supplement our GAAP results in order to provide a greater understanding of the factors and trends affecting our operations. We believe adjusted housing gross margin, adjusted income before income taxes, and adjusted EBITDA are relevant and useful financial measures to investors in evaluating our operating performance and allow investors to make appropriate comparisons with our competitors. M/I HOMES

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