Lennar (LEN) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order by the Executive Chairman and CEO, with introductions of board members and procedural instructions for voting and questions.

Board and executive committee updates

• Board nominees presented for re-election to serve until the 2027 annual meeting, with backgrounds detailed in the proxy statement.

• Board recommends reelecting all nominees and approving executive compensation.

Shareholder proposals

• Proposal for equal voting rights for each share presented, citing concerns over dual-class structure and referencing prior support among non-insider shareholders.

• Proposal for disclosing voting results by share class introduced, emphasizing transparency due to voting power imbalances and referencing past shareholder support for governance changes.

• Board recommends voting against both shareholder proposals.