Company: LEN
Filing Date: 2025-02-28
Form Type: DEF 14A
Source: 0001193125-25-040938
Chunk: 0

Company: LENNAR CORP /NEW/
Filing Date: 2025-02-28
Form: DEF 14A
Chunk 0
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| Jeffrey Sonnenfeld      |     |             |     |           2005 |     |       |     |                               |     |             |     |           |     |              |
| Serena Wolfe            |     |             |     |           2023 |     |       |     |                               |     |             |     |           |     |              |
| Meetings in fiscal 2024 |     |             |     |                |     |    11 |     |                             4 |     |           4 |     |         0 |     |            0 |

Chair

| * | Audit committee financial expert |

| (1) | Mr. Jaffe also was a director from 1997-2004. |

| (2) | On January 13, 2025, Mr. Lapidus notified the Board of his decision not to stand for re-election to the Board. Mr. Lapidus’ current term on the Board will expire at the conclusion of the Annual Meeting. In connection with Mr. Lapidus’ decision, our Board has determined to reduce the size of the Board from eleven members to ten members, effective as of the expiration of Mr. Lapidus’ term. |

| (3) | Executive Chair since 2018. |

| (4) | Mr. Olivera replaced Mr. Lapidus as Lead Director, effective as of the conclusion of our 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”) on April 10, 2024. |

2 | LENNAR CORPORATION2025 PROXY STATEMENT

Proxy Summary

Experience and Expertise The following chart reflects the experience and expertise of our 10 director nominees. Amy Banse Tig Gilliam Sherrill W. Hudson Jonathan M. Jaffe Teri P. McClure Stuart Miller Armando Olivera Dacona Smith Jeffrey Sonnenfeld Serena Wolfe Leadership and Business Management Other Board Membership Real Estate or Housing Financial, Accounting and/or Investment Corporate Governance and Compliance Supply Chain Management Human Capital Strategic Risk Management Environmental Technological Innovation Cybersecurity

LENNAR CORPORATION2025 PROXY STATEMENT | 3

Proxy Summary Corporate Governance Practices

Independence

| • |     | All non-management directors are independent |

| • |     | Independent directors meet regularly in executive session |

| • |     | All members of the Audit, Compensation, and Nominating and Corporate Governance Committees are independent |

Accountability

| • |     | Annual election of all directors