Company: LEN
Filing Date: 2025-02-28
Form Type: DEF 14A
Source: 0001193125-25-040938
Chunk: 32

Company: LENNAR CORP /NEW/
Filing Date: 2025-02-28
Form: DEF 14A
Chunk 32
---
 traditional construction methods, while at the same time, being stronger and longer-lasting than traditional building materials. This results in resilient homes designed to withstand extreme weather and reduce the impact of natural disasters. |

| • |     | 2023:Completed Lennar’s first inventory of GHG emissions across Scopes 1, 2 and 3 (for fiscal 2022). |

| • |     | 2023:Launched the Lennar Educational Assistance Program (“LEAP”) to provide our associates with student debt repayment. LEAP will give eligible associates up to$2,000 toward student debt repayment for the first qualifying year and up to$5,250 for each year thereafter. |

| • |     | 2024:Lennar recognized again as a Great Place to Work®by the U.S. National Employee Engagement Study. |

| • |     | 2024:Launched the AAP to support full-time associates who choose to grow their family through adoption. The AAP allows the Company to reimburse up to$30,000 in eligible expenses per child, with no limit on the number of children. |

| • |     | 2024:Built our 19th home in partnership with Operation Finally Home, a nationalnon-profitdedicated to building homes for wounded, ill, or injured military veterans and their families, since the inception of our partnership. |

Learn More About Sustainability at Lennar We invite you to view our most recent Social Responsibility Report on our investor relations website at www.investors.lennar.com. The information on our website, including in our most recent Social Responsibility Report and any other uploaded documents or content hyperlinked on our website, is not, and will not be deemed to be, a part of this proxy statement or incorporated by reference into any of our other filings with the SEC. LENNAR CORPORATION2025 PROXY STATEMENT | 25

Corporate Governance Director Compensation Director Compensation We maintain a compensation program for the non-managementdirectors of the Board. Directors who are associates do not receive any additional compensation for their services as directors of the Company. In fiscal 2024, our compensation program for the non- management directors consisted of the following types and levels of compensation:

| Type of pay                    |     | Amount ($) |     | Form                                                   |
| Annual Equity Grant(1)         |     |   $135,000 |     | Shares of Class A common stock                         |
| Annual Retainer                |     |   $140,000 |     |