Company: LGIH
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001580670-25-000028
Chunk: 54

Company: LGI Homes, Inc.
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 54
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 website at www.lgihomes.com .

#### Use of Peer Group and Survey Data
The Compensation Committee utilized Meridian to identify the appropriate compensation benchmarking sources, to perform an annual benchmarking of our executive compensation and to assess the competitiveness of our executive compensation program.

Meridian provided market data from two sources: (i) a survey of general industry companies of comparable revenue size and (ii) a peer group of publicly-traded homebuilders (see below for a list). The survey of general industry companies reflected approximately 114 companies with revenues between $1 billion and $4 billion (median revenues of $2.2 billion) compiled by Equilar, Inc. The homebuilder peer group consisted of 11 companies with revenues between $1.7 billion and $8.2 billion (median revenues of $4.2 billion). The homebuilder peer group consisted of the same companies used in the prior year’s homebuilder peer group, except for the addition of Dream Finders Homes, Inc. Peer group compensation data was limited to information that is publicly reported and was used to benchmark the major components of compensation for our NEOs, including base pay, target annual bonus opportunity and long-term incentives.

Although the majority of the homebuilder peer group was larger than us, the Compensation Committee considered the Company’s relative size, including revenues, total assets, market capitalization, enterprise value, EBITDA, return on equity, return on assets and total shareholder return (“TSR”) when reviewing the executive compensation market data. Additional factors contemplated by the Compensation Committee included the Company’s 2023 performance, its overall business strategy and business model, its expected growth trajectory and constraints, and the then-current economic environment.

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| Homebuilder Peer Group    |     |                             |     |                            |     |                                  |
| Beazer Homes USA, Inc.    |     | Green Brick Partners, Inc.  |     | MDC Holdings, Inc.         |     | Taylor Morrison Home Corporation |
| Century Communities, Inc. |     | Hovnanian Enterprises, Inc. |     | Meritage Homes Corporation |     | Tri Pointe Group, Inc.           |
| Dream Finders Homes, Inc. |     | KB Home                     |     | M/I Homes, Inc.            |     |                                  |

As a result of its review of the market data and other factors, the Compensation Committee approved each of our NEO’s target compensation levels to better align them with the general industry market and the homebuilder