Taylor Morrison Home (TMHC) Proxy filing summary

Executive summary

• Entered into a definitive agreement to be acquired by Berkshire Hathaway, expected to close in the second half of 2026, pending regulatory and shareholder approvals.

• Transaction will result in going private, with shares delisted from NYSE and no further SEC public reporting.

• No immediate changes to day-to-day operations, leadership, or headquarters are planned.

• Taylor Morrison will continue to operate under its current brand and management, with CEO Sheryl Palmer remaining and expanding her role.

• Communication protocols established for employees, customers, partners, and media during the transition.

Voting matters and shareholder proposals

• Shareholders will be asked to approve the acquisition as part of the proxy process.

• Proxy materials and definitive statements will be mailed to shareholders and filed with the SEC.

Board of directors and corporate governance

• Board determined that the acquisition by Berkshire Hathaway offers the best platform for future growth and competitiveness.

• No planned changes to the management team or reporting structures at this time.