Beazer Homes USA (BZH) Proxy Filing summary

Executive summary

• Achieved $2.30B in homebuilding revenue, a 0.4% increase year-over-year, with net income of $45.6M, down from $140.2M in 2024.

• Average active community count rose 14.2% to 164, while controlled lots decreased 10.1% to 25,660.

• Focused on balanced growth, profitability, and capital efficiency, including a brand refresh and operational cost savings initiatives.

• Achieved the goal of building 100% Zero Energy Ready homes by end of 2025.

Voting matters and shareholder proposals

• Election of directors for one-year terms.

• Advisory vote on executive compensation (Say-on-Pay).

• Ratification of Deloitte & Touche LLP as independent auditors.

• Adoption of Charter Amendment and Rights Agreement to protect NOLs and energy-efficiency tax credits.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Significant board refreshment: four new directors in two years, including Howard Heckes in December 2025.

• Board skills include homebuilding, finance, governance, risk management, and sustainability.

• All non-employee directors are independent; annual elections and majority vote standard in place.

• Lead Independent Director role held by Norma Provencio.

• Robust evaluation, orientation, and continuing education processes for directors.