Jeff McCall, Executive Vice President of Lennar Corp since January 2020, will transition to a non-executive role effective June 20, 2024. McCall, who joined Lennar in 2018 following the CalAtlantic acquisition, has been instrumental in improving the company's IT systems and served as COO of Quarterra Group, the company's Multifamily business subsidiary.Under McCall's leadership, Quarterra underwent significant operational improvements, leveraging synergies with Lennar's homebuilding business and aligning with the company's core mission. He will remain with the company through March 1, 2025, to assist with the transition of his Quarterra responsibilities and work on special projects.During the transition period, McCall will maintain his current compensation and benefits, with existing equity awards continuing to vest per their terms. His fiscal 2024 annual cash incentive award remains discretionary. As of June 20, 2024, he will no longer serve as an executive officer or Section 16 officer of the company.

Jeff McCall, Executive Vice President of Lennar Corp since January 2020, will transition to a non-executive role effective June 20, 2024. McCall, who joined Lennar in 2018 following the CalAtlantic acquisition, has been instrumental in improving the company's IT systems and served as COO of Quarterra Group, the company's Multifamily business subsidiary.Under McCall's leadership, Quarterra underwent significant operational improvements, leveraging synergies with Lennar's homebuilding business and aligning with the company's core mission. He will remain with the company through March 1, 2025, to assist with the transition of his Quarterra responsibilities and work on special projects.During the transition period, McCall will maintain his current compensation and benefits, with existing equity awards continuing to vest per their terms. His fiscal 2024 annual cash incentive award remains discretionary. As of June 20, 2024, he will no longer serve as an executive officer or Section 16 officer of the company.