LandSea Homes Investor Presentation

35 NEW YORK METRO ASSETS Operating Metrics $ in millions Financial Metrics¹ Community 14th and 6th Avora Community 14th and 6th Avora Source: Landsea Homes Management Location New York City Weehawken, NJ LHI's Contribution % 95% 51% Total Units 50 184 Total Assets $78.4 $62.4 Note: 1) Preliminary estimates as of June 30, 2020. Units Delivered LTD 0 130 Debt $44.5 $7.0 Backlog 0 3 Total Liability $46.9 $12.8 Unsold Units 50 51 Total Equity $31.5 $49.6 ASP $ $2.5 $1.2 LHI Equity $29.9 $25.3 Target Buyer Move-Up Move-Up Ptr Equity $1.6 $24.3 NY NJ Status of Construction Foundation Complete Type Consolidated JV Unconsolidated JV LANDSEAⓇ HOMES Live in your element®

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