Landsea Homes Corporation announced on May 16, 2024, it eliminated the position of Chief Accounting Officer, effective as of May 17, 2024. As a result, effective as of May 17, 2024, Dilliana Stewart?s employment as the Company?s Chief Accounting Officer and Senior Vice President was terminated without cause. Ms. Stewart?s departure was not related to any disagreement with the Company on any matter relating to the Company?s accounting principles or practices, financial statement disclosures, internal controls, management or operations.

Effective May 17, 2024, Christopher Porter, the Company?s Chief Financial Officer, assumed the additional duties of the Company?s principal accounting officer. No additional compensation will be paid in connection with the performance of such additional responsibilities.