Company: LEN
Filing Date: 2025-11-26
Form Type: SC TO-I/A
Source: 0001193125-25-300679
Chunk: 1

Company: LENNAR CORP /NEW/
Filing Date: 2025-11-26
Form: SC TO-I/A
Chunk 1
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ennar with the SEC on November 3, 2025, Amendment No. 3 thereto filed by Lennar with the SEC on November 5, 2025, Amendment No. 4 thereto
filed by Lennar with the SEC on November 10, 2025, Amendment No. 5 thereto filed by Lennar with the SEC on November 17, 2025, Amendment No. 6 thereto filed by Lennar with the SEC on November 20, 2025 and Amendment No. 7 thereto filed by
Lennar with the SEC on November 24, 2025 (the “Schedule TO”). This Amendment relates to the offer by Lennar to exchange up to an aggregate of 33,298,764 shares of Class A common stock of Millrose Properties, Inc., a Maryland
corporation (“Millrose”), par value $0.01 per share (“Millrose Class A Common Stock”), for outstanding shares of Class A common stock of Lennar, par value $0.10 per share (“Lennar Class A Common
Stock”), upon the terms and subject to the conditions set forth in the Prospectus, dated November 19, 2025 (the “Prospectus”) that forms a part of the Registration Statement (as defined below), the Letter of Transmittal and
the Instruction Booklet to the Letter of Transmittal, copies of which are attached hereto as Exhibits (a)(4)(xxxiii), (a)(1)(ii) and (a)(1)(iii), respectively (which, together with any amendments or supplements thereto, collectively constitute the
“Exchange Offer”). In connection with the Exchange Offer, Millrose has filed with the SEC under the Securities Act of 1933, as amended, a registration statement on Form S-4 (Registration No. 333-290810) (as amended through the date hereof, the “Registration Statement”) to register shares of Millrose Class A Common Stock offered in exchange for shares of Lennar Class A
Common Stock tendered in the Exchange Offer.

As permitted by General Instruction F to Schedule TO, the information set forth in the
Letter of Transmittal, the Instruction Booklet to the Letter of Transmittal and the Prospectus (the “Exchange Offer Documents”), copies of which are attached hereto as Exhibits (a)(1)(ii), (a)(1)(iii) and (