• Subsequent to the fourth quarter of 2024, we completed a two-for-one stock split of Meritage's common stock in the form of a stock dividend on January 2, 2025. 4 GUIDANCE The Company is providing the following updated guidance for full year 2025, based on current market conditions: Full Year 2025 Home closing volume 16,250-16,750 units Home closing revenue $6.6-6.9 billion CONFERENCE CALL Management will host a conference call to discuss its fourth quarter 2024 results at 8:00 a.m. Mountain Standard Time (10:00 a.m. Eastern Standard Time) on Thursday, January 30, 2025. To listen, please go to Meritage's Investor Relations page for the live webcast or dial in to 1-877-407-6951 US toll free or 1-412-902-0046. A replay will be available on the Investor Relations page. * The Company's return on equity is calculated as net earnings for the trailing twelve months divided by average total stockholders' equity for the trailing five quarters. The Company's book value per share is calculated as total stockholders' equity as of the last day of the period divided by the shares outstanding as of the last day of the period. 5 Meritage Homes Corporation and Subsidiaries Consolidated Income Statements (In thousands, except per share data) (unaudited) Three Months Ended December 31, 2024 2023 Change $ Change % Homebuilding: Home closing revenue $ 1,595,928 $ 1,641,523 $ (45,595) (3) % Land closing revenue 17,356 11,682 5,674 49 % Total closing revenue 1,613,284 1,653,205 (39,921) (2) % Cost of home closings (1,226,114)

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Text is the filed exhibit, verbatim.