Dream Finders Homes (DFH) Proxy Filing summary

Executive summary

• Achieved record 2024 results: revenue up 18% to $4.4B, 8,583 home closings (up 17%), and net income of $335M, with a 29.7% return on participating equity. Acquisitions of Crescent Homes and Jet HomeLoans contributed $470M and $35M in revenue, respectively.

• Focus for 2025 includes integrating Liberty Communities (Atlanta, Greenville) and evaluating further organic and inorganic growth opportunities.

• Expanded into Phoenix, Southwest Florida, and Atlanta markets; acquired Cherry Creek Mortgage and entered agreement to acquire Alliant National Title Insurance.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of six directors, (2) ratification of PwC as auditor for 2025, (3) non-binding advisory vote on 2024 executive compensation.

• Board recommends voting FOR all proposals.

• Class A shares have one vote each; Class B shares have three votes each, voting as a single class.

Board of directors and corporate governance

• Board consists of six members, majority independent; annual elections for all directors.

• Committees: Audit (Sturm, Udelhofen, Weatherford), Compensation (Lovett, Sturm, Udelhofen), Nominating & Governance (Parekh, Lovett, Udelhofen, Sturm).

• Controlled company status due to majority voting power held by CEO; not currently using NYSE governance exemptions.

• Stock ownership guidelines: directors must own shares equal to five times annual cash retainer; all in compliance.