On November 2, 2018, the Board of Directors of William Lyon Homes appointed Eric A. Anderson as a member of the Board effective as of November 5, 2018. The initial term of Mr. Anderson’s appointment will be from November 5, 2018 until the next annual meeting of stockholders for the election of directors. Mr. Anderson has held various positions over the course of a thirty-five year banking career, including most recently as Vice Chairman, Investment Banking of Credit Suisse Securities (USA) LLC based in New York, a position which he held from 2010 until November 2, 2018. Effective as of November 3, 2018, Mr. Anderson was appointed as a Senior Advisor to Credit Suisse, a non-employee role pursuant to which he provides certain consultant services to Credit Suisse as an independent contractor.