Hovnanian Enterprises (HOV) Proxy Filing summary

Executive summary

• The 2026 Annual Meeting will be held on March 31, 2026, in Miami, FL, with voting available by internet, phone, or mail for shareholders of record as of January 30, 2026.

• Four key proposals are up for vote: election of directors, ratification of Deloitte & Touche LLP as auditor, approval of the amended 2020 Stock Incentive Plan, and a non-binding advisory vote on executive compensation.

• The Board recommends voting FOR all director nominees and FOR all proposals.

Voting matters and shareholder proposals

• Shareholders will vote on the election of eight directors, ratification of Deloitte & Touche LLP as auditor for FY2026, approval of the Fourth Amended and Restated 2020 Stock Incentive Plan, and a say-on-pay advisory vote.

• Shareholder proposals for the 2027 meeting must be submitted by October 12, 2026.

Board of directors and corporate governance

• The Board consists of eight nominees, with a mix of independent and non-independent directors, and includes two women and one racial minority.

• Committees include Audit, Compensation, Corporate Governance & Nominating, and Strategy, each with defined responsibilities and regular meetings.

• The Board conducts annual self-evaluations and reviews governance guidelines and related party transactions.

• Stock ownership guidelines are in place for directors and executives, with all currently in compliance.