Dream Finders Homes, Inc.

Share Repurchase Program

In April 2025, the Company's Board of Directors approved a share repurchase program that authorizes the Company to repurchase up to $100.0 million of its outstanding common stock. The repurchase program has no expiration date and repurchases may be conducted through open market purchases, 10b5-1 plans, accelerated share repurchases, or private transactions. The Company repurchased 1.0 million shares of its common stock for an aggregate$21.0 million(inclusive of commissions and exclusive of accrued excise tax) at an average price per share of$21.01 during the three months ended June 30, 2026. This brings the total repurchases for thenine months ended June 30, 2026 to 2.9 million shares of common stock for $66.2 million (inclusive of commissions and exclusive of accrued excise tax) at an average price per share of $23.04.

During the three months ended June 30, 2025,586 thousand shares were repurchased for$12.5 millionat an average price per share of$21.38 (inclusive of commissions and exclusive of accrued excise tax). During the nine months ended June 30, 2025,1.5 million shares were repurchased for$33.1 millionat an average price per share of$22.20 (inclusive of commissions and exclusive of accrued excise tax).

Since the authorization of the share repurchase program in April 2025, we have repurchase an aggregated 3.5 million shares of common stock for $78.7 million at an average price per share of $22.75. All shares have been retired upon repurchase. As of June 30, 2026, the remaining availability of the share repurchase program was $21.3 million.