Company: LEN
Filing Date: 2025-11-26
Form Type: SC TO-I/A
Source: 0001193125-25-300679
Chunk: 2

Company: LENNAR CORP /NEW/
Filing Date: 2025-11-26
Form: SC TO-I/A
Chunk 2
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a)(4)(xxxiii), respectively, is
hereby expressly incorporated by reference in response to all the items of this Amendment, except as otherwise set forth below. Except as specifically provided herein, this Amendment does not modify any of the information previously reported on the
Schedule TO.

Item 4. Terms of the Transaction. Item 4(a) of the Schedule TO, which incorporates by reference the information included in the Exchange Offer Documents, is hereby amended and supplemented by adding the following thereto: (a) Material Terms. The Exchange Offer expired at 12:00 midnight, New York City time, on November 21, 2025. Lennar accepted for exchange 8,049,594 shares of Lennar Class A Common Stock in exchange for 33,298,754 shares of Millrose Class A common stock. Because the Exchange Offer was oversubscribed, Lennar accepted only a portion of the shares of Lennar Class A Common Stock that were validly tendered and not validly withdrawn, on a pro rata basis in proportion to the number of shares tendered. Stockholders who owned fewer than 100 shares of Lennar Class A Common Stock, or an “odd-lot,” who have validly tendered all of their shares, were not subject to proration, in accordance with the terms of the Exchange Offer. All shares validly tendered by eligible “odd-lot” shareholders were accepted. The final proration factor of 8.604228% was applied to all other validly tendered and not validly withdrawn shares of Lennar Class A Common Stock to determine the number of such shares that were accepted and exchanged for Millrose Class A Common Stock. Based on the final count by the exchange agent, Computershare Trust Company, N.A. (the “Exchange Agent”), the final results of the Exchange Offer are as follows:

| • |     | Total number of shares of Lennar Class A Common Stock validly tendered and not validly withdrawn: 85,296,924 |

| • |     | Shares tendered that were subject to proration: 84,518,299 |

| • |     | Proration factor: 8.604228% |

| • |     | “Odd-lot” shares tendered that were not subject to proration: 778,625 |

| • |     | Total number of shares of Lennar Class A Common Stock accepted: 8,049,594 |

On