M/I Homes (MHO) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on May 14, 2025, with shareholders able to vote and submit questions online.

• Shareholders will vote on electing three directors, an advisory say-on-pay resolution, and ratification of the external auditor.

• 2024 saw record financial results, including all-time highs in revenue, net income, and homes delivered.

• The company emphasizes a pay-for-performance compensation philosophy and strong corporate governance practices.

Voting matters and shareholder proposals

• Shareholders will elect three directors to serve until 2028.

• Advisory vote on executive compensation and ratification of Deloitte & Touche LLP as independent auditor for 2025.

• Shareholders may submit proposals for the 2026 meeting by December 12, 2025.

Board of directors and corporate governance

• The board consists of nine directors, with a mix of tenures and diversity in gender and ethnicity.

• Yvette McGee Brown is nominated to succeed a retiring director, reflecting the board's diversity policy.

• The board has Audit, Compensation, Nominating and Governance, and Executive Committees, all with independent members.

• Lead Independent Director role supplements combined CEO/Chairman structure.

• Majority voting policy requires directors to tender resignations if they receive more withheld than for votes.