LandSea Homes Investor Presentation

27 ROBUST FINANCIAL PROFILE AND OPERATING MOMENTUM Revenue Growth Compared to Peers '19A - '21E 18% 14% Landsea TMHC MDC 22% 13% 21% 1 Landsea ΤΡΗ 22% 11% MTH MTH Fully Adj. Homebuilding GM Compared to Peers 2021E 21% MHO 11% Source: Management; Broker estimates as of August 26, 2020 CCS 20% 10% MDC 11% Peer Median MHO ΤΡΗ 20% 6% TMHC 21% Peer Median ΝΑ CCS Adjusted Net Income Growth Compared to Peers '19A - '21E ¹19A - '22E: 27% 10% Landsea 25% 10% MTH 21% 14% MHO CCS 21% 13% Landsea MTH ΤΡΗ 12% 21% Operating EBITDA Margin Compared to Peers 2021E MDC 14% 10% CCS MDC ΤΡΗ TMHC 21% 10% Peer Median TMHC NM 12% Peer Median NM MHO LANDSEAⓇ HOMES Live in your element®

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