Company: UHG
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001830188-25-000028
Chunk: 42

Company: United Homes Group, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 42
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 years ended December 31, 2024 and 2023, GSH paid UC approximately $688,000 and approximately $146,000, respectively, pursuant to such lease arrangement.

#### Sale and Lease of Model Homes
GSH is a lessor of model homes from TBS, PMN Trust 2018, MEN Trust 2018, PWN Trust 2018, and UC. The leases provide for the payment of monthly base rent, as well as maintenance, repairs, utilities, and taxes. During the years ended December 31, 2024 and 2023, GSH paid such entities a total of approximately $286,000 and approximately $500,000, respectively, pursuant to such lease arrangements.

#### General Contractor Services
GSH is a party to construction contracts with TBS and UC pursuant to which GSH provides general contractor services. During the years ended December 31, 2024 and 2023, GSH received revenue of approximately $0.9 million and approximately $2.5 million, respectively, pursuant to such contracts.

#### Payments to OF Construction, LLC
During the years ended December 31, 2024 and 2023, GSH paid OF Construction, LLC approximately $2,260,000 and approximately $23,000, respectively, for certain site contracting services. Mr. Nieri owns 45% of the membership interests of OF Construction, LLC.

#### Indemnification of Our Directors and Officers
The Amended and Restated Bylaws provide that UHG will, in certain situations, indemnify its directors and officers to the fullest extent permitted by law. An indemnitee is also entitled, subject to certain limitations, to advancement and reimbursement of expenses (including attorney’s fees) incurred by such indemnitee in defending or otherwise participating in any proceeding in advance of its final disposition.

UHG maintains a directors’ and officers’ insurance policy pursuant to which its directors and officers are insured against liability for actions taken in their capacities as directors and officers. UHG believes the indemnification provisions in the Amended and Restated Certificate of Incorporation are necessary to attract and retain qualified persons as directors and officers.

The indemnification rights set forth above shall not be exclusive of any other right which an indemnified person may have or hereafter acquire under any statute, any provision of our Amended and Restated Certificate of Incorporation, our Amended and Restated Bylaws, agreement, vote of stockholders or disinterested directors or otherwise. Notwithstanding the