Company: CVCO
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0000278166-25-000097
Chunk: 55

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 55
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 cumulative TSR of the Company is being calculated.

(6) Represents the TSR for the iShares U.S. Home Construction ETF. For purposes of the table, an initial investment of $100 (with reinvestment of all dividends) is assumed to have been made in the iShares U.S. Home Construction ETF for the measurement period beginning on the last trading day before the Company’s earliest fiscal year in the table, through and including the end of the fiscal year for which cumulative TSR of iShares U.S. Home Construction ETF is being calculated.

(7) Represents our net income, in thousands, as reported in our Annual Report on Form 10-K for each of the years presented.

(8) Represents, in the Company’s assessment, the most important financial performance measure used to link compensation actually paid to our NEOs, for the most recently completed fiscal year, to Company performance. Company-selected measure is Adjusted Pre-tax Income, which is Pre-tax income after adjustments, including costs related to: (i) Intangible write-off; (ii) unrealized gains and losses on equity investments; and (iii) deal costs.

#### Cavco Industries, Inc.www.cavco.com41
| Pay versus Performance |

|              |     |      |     | Year |     | Reported     
 Summary      
 Compensation 
 Table Total  
 ($)          |           |     |           |     |          |     | Reported        
 Value           
 of Stock Awards 
 ($) (a)         |            |     | Stock Award 
 Adjustments 
 ($) (b)     |         |     |            |     | Compensation  
 Actually Paid 
 ($)           |           |     |            |
|              |     |      |     | 2025 |     |              |           |     | 7,639,958 |     |          |     |                 | -4,549,586 |     |             |         |     | 11,887,153 |     |               |           |     | 14,977,525 |
| CEO          |     |      |     | 2024 |     |              |           |     | 4,510,808 |     |          |     |                 | -2,802,500 |     |             |         |     |  4,426,293 |     |               |           |     |  6,134,601 |
|              |     |      |     | 2023 |     |              |           |     | 5,410,215 |