Company: LGIH
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001580670-25-000028
Chunk: 7

Company: LGI Homes, Inc.
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 7
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 to vote for a director nominee treated?

Withholding of authority to vote for a director nominee has no effect on the election of directors (Proposal 1).

#### How are abstentions and broker non-votes treated?
Abstentions (shares of our common stock present at the Annual Meeting and voted “abstain”) are counted for purposes of determining whether a quorum is present at the Annual Meeting. Abstentions will be counted toward the tabulation of the shares of our common stock entitled to vote at the Annual Meeting and thus will have the same effect as a negative vote on the ratification of appointment of auditors (Proposal 2), the approval of the compensation paid to the NEOs for 2024 (Proposal 3), and the approval of Amendment No. 1 to the LGI Homes, Inc. 2016 Employee Stock Purchase Plan (Proposal 4).

Broker non-votes occur when shares of our common stock held by a broker for a beneficial owner are not voted either because (i) the broker did not receive voting instructions from the beneficial owner, or (ii) the broker lacked discretionary authority to vote the shares. Broker non-votes are counted for purposes of determining whether a quorum is present, and have no effect on the election of directors (Proposal 1), the ratification of appointment of auditors (Proposal 2), the approval of the compensation paid to the NEOs for 2024 (Proposal 3) and the approval of Amendment No. 1 to the LGI Homes, Inc. 2016 Employee Stock Purchase Plan (Proposal 4). Note that if you are a beneficial holder and do not provide specific voting instructions to your broker, the broker that holds your shares of our common stock will not be authorized to vote on the election of directors (Proposal 1), on the approval of the compensation paid to the NEOs for 2024 (Proposal 3) or on the approval of Amendment No. 1 to the LGI Homes, Inc. 2016 Employee Stock Purchase Plan (Proposal 4). Ratification of the appointment of auditors (Proposal 2) is considered to be a routine matter and, accordingly, if you do not instruct your broker, bank or other nominee on how to vote the shares of our common stock in your account for Proposal 2, brokers will be permitted to exercise their discretionary authority to vote for the ratification of the appointment of auditors. Accordingly, we encourage you to provide voting instructions to your broker, whether or not you plan