Company: LEN
Filing Date: 2025-11-05
Form Type: SC TO-I/A
Source: 0001193125-25-267135
Chunk: 4

Company: LENNAR CORP /NEW/
Filing Date: 2025-11-05
Form: SC TO-I/A
Chunk 4
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 and Answers About the Exchange Offer,” “Summary,” “The Transaction,” “The Exchange Offer,” “Agreements Between Lennar and Millrose and Other Related Person Transactions” and
“Comparison of Stockholder Rights” is incorporated herein by reference.

Item 7. Source and Amount of Funds or Other Consideration.

(a) Source of Funds. The related information set forth in the sections of the Prospectus entitled “Questions and Answers About
the Exchange Offer,” “Summary,” “The Transaction” and “The Exchange Offer” is incorporated herein by reference.

(b) Conditions. None.

(d)
Borrowed Funds. Not applicable.

Item 8. Interest in Securities of the Subject Company.

(a) Securities Ownership. The information set forth in the section of the Prospectus entitled “Security Ownership of Certain Beneficial
Owners and Management of Lennar and Millrose” is incorporated herein by reference.

(b) Securities Transactions. Based on the
information available to Lennar as of November 5, 2025, other than with respect to Lennar employee benefit plans, the following table sets forth the transactions in Lennar Class A Common Stock by (i) Lennar, (ii) each of the
directors on the Board of Directors of Lennar and of each of its subsidiaries, (iii) each of the executive officers of Lennar and of each of its subsidiaries, (iv) each entity who is an affiliate of Lennar, and (v) each entity that is
a subsidiary of Lennar, as applicable, in the past 60 days:

| Name                 |     | Date of Transaction |     | Number and Type                 
 of Securities                   |     | Price Per 
 Share     |        |     | Type of                                                                       
 Transaction                                                                   |
|:---------------------|:----|:--------------------|:----|:--------------------------------|:----|:----------|-------:|:----|:------------------------------------------------------------------------------|
| Amy Banse            |     | August 29, 2025     |     | 131 shares of Lennar Class A    
 Common Stock                    |     | $         | 133.14 |     | Issuance in accordance with Lennar’s outside directors’ compensation program. |
| Serena Wolfe         |     | August 29, 2025     |     | 131 shares of Lennar Class A    
 Common Stock                    |     | $         | 133.14 |     | Issuance in accordance with Lenn