Company: LEN
Filing Date: 2025-10-24
Form Type: SC TO-I/A
Source: 0001193125-25-250126
Chunk: 3

Company: LENNAR CORP /NEW/
Filing Date: 2025-10-24
Form: SC TO-I/A
Chunk 3
---
Item 6. Purposes of the Transaction and Plans or Proposals.

(a) Purposes. The information set forth in the sections of the Prospectus entitled
“Questions and Answers About the Exchange Offer,” “Summary” and “The Transaction—Reasons for the Exchange Offer” relating to the purposes of the Exchange Offer is incorporated herein by reference.

(b) Use of Securities Acquired. Shares of Lennar Class A Common Stock acquired in the Exchange Offer will be held as treasury stock
unless and until retired or used for other purposes.

(c) Plans. The information set forth in the sections of the Prospectus entitled
“Questions and Answers About the Exchange Offer,” “Summary,” “The Transaction,” “The Exchange Offer,” “Agreements Between Lennar and Millrose and Other Related Person Transactions” and
“Comparison of Stockholder Rights” is incorporated herein by reference.

Item 7. Source and Amount of Funds or Other Consideration.

(a) Source of Funds. The related information set forth in the sections of the Prospectus entitled “Questions and Answers About
the Exchange Offer,” “Summary,” “The Transaction” and “The Exchange Offer” is incorporated herein by reference.

(b) Conditions. None.

(d)
Borrowed Funds. Not applicable.

Item 8. Interest in Securities of the Subject Company.

(a) Securities Ownership. The information set forth in the section of the Prospectus entitled “Security Ownership of Certain Beneficial
Owners and Management of Lennar and Millrose” is incorporated herein by reference.

(b) Securities Transactions. Based on the
information available to Lennar as of October 23, 2025, other than with respect to Lennar employee benefit plans, the following table sets forth the transactions in Lennar Class A Common Stock by (i) Lennar, (ii) each of the directors
on the Board of Directors of Lennar and of each of its subsidiaries, (iii) each of the executive officers of Lennar and of each of its subsidiaries, (iv) each entity who is an affiliate of Lennar, and (v) each entity that is a
subsidiary of Lennar, as applicable, in the past 60 days:

| Name                 |     | Date of Transaction |     | Number and Type                 
 of Securities                   |     | Price Per 
 Share     |        |     | Type of                                                                       
 Transaction                                                                   |
|:---------------------|:----|:--------------------|:----|:--------------------------------|