Company: LGIH
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001580670-25-000028
Chunk: 35

Company: LGI Homes, Inc.
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 35
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     |                                            |
| Steven Smith            |     |                  X |     |              X |     |                       |     |                                      Chair |
| Robert Vahradian        |     |                  X |     |                |     |                       |     |                                          X |
| Number of 2024 meetings |     |                  5 |     |              4 |     |                     4 |     |                                          4 |

* Financial Expert ** Non-independent Director *** Lead Independent Director

The independent directors meet in regularly scheduled executive sessions without management. Mr. Sansbury, as the Lead Independent Director, presides over all executive sessions at which he is present.

Agendas and topics for Board and committee meetings are developed through discussions among management and members of the Board and its committees. Information and data that are important to the issues to be considered are distributed in advance of each meeting. Board meetings and background materials focus on key strategic, operational, financial, governance, risk and compliance matters applicable to us.

#### Audit Committee
Our Audit Committee consists of Mr. Edone, who serves as chair of the committee, Ms. Parikh and Mr. Smith. The Board has determined that the members of the Audit Committee are independent for purposes of serving on such committee under the NASDAQ listing standards and applicable federal law, including Rule

<div align='center'>24</div>

10A-3 promulgated under the Exchange Act. In addition, the Board has determined that each current member of the Audit Committee meets the NASDAQ listing standards and that both Mr. Edone and Ms. Parikh qualify as an “audit committee financial expert,” as such term is defined in Item 407(d) of Regulation S-K.

The Audit Committee operates pursuant to an Audit Committee Charter, which was approved and adopted by the Board and is posted under the “Investor Relations” and “Corporate Governance” links on the Company’s website at www.lgihomes.com . The duties and responsibilities of the Audit Committee are set forth in its Charter. The Audit Committee’s primary purposes are to:

• assist the Board in fulfilling its oversight responsibilities relating to the:

◦ integrity of the Company’s financial statements;

◦ Company’s compliance with legal and regulatory requirements;

◦ qualifications and independence of the Company’s independent registered public accounting firm;

◦ performance of the Company’s independent registered public accounting firm; and

◦ review and approval of related-person transactions; and

• prepare an Audit Committee report to be included in the Company’s annual proxy statement.

Further discussion regarding