William Lyon Homes acquisitions, on the record

Word for word“On August 12, 2014, the Company completed the Polygon Acquisition for an aggregate cash purchase price of $520.0 million, an additional approximately $28.0 million at closing pursuant to initial working capital adjustments, plus an additional $4.3 million of consideration in accordance with the terms of the purchase agreement.” 10-K for 2016

Word for word“In December 2012, we acquired Village Homes marking our entry into the Colorado market, and in August 2014, we closed the Polygon Acquisition, marking our entry into the Washington and Oregon markets, and we may in the future consider growth or expansion of our operations in our current markets or in new markets, whether through strategic acquisitions of 24 Table of Contents homebuilding companies or otherwise.” 10-K for 2016

Word for word“Such statements may include, but are not limited to, information related to: our proposed acquisition of RSI Communities LLC and three related real estate assets ("the RSI Acquisition"); anticipated operating results; home deliveries and backlog conversion; financial resources and condition; cash needs and liquidity; timing of project openings; leverage ratios and compliance with debt covenants; revenues and average selling prices of deliveries; sales price ranges for active and future communities; backlog conversion; global and domestic economic conditions; market and industry trends; cycle times; profitability and gross margins; cost of revenues; selling, general and administrative expenses and leverage; interest expense; inventory write-downs; unrecognized tax benefits; land acquisition spending and timing; debt maturities; business and operational strategies and the anticipated effects thereof; the Company's ability to achieve tax benefits and utilize its tax attributes; sales pace; effects of home buyer cancellations; community count; joint ventures; the Company's ability to acquire land and pursue real estate opportunities; the Company's ability to gain approvals and open new communities; the Company's ability to sell homes and properties; the Company's ability to secure materials and subcontractors; the Company's ability to produce the liquidity and capital necessary to expand and take advantage of opportunities; and legal proceedings, insurance and claims.” 10-K for 2017

Word for word“On August 12, 2014, in connection with the consummation of the Polygon Acquisition, Escrow Issuer merged with and into California Lyon, and California Lyon assumed the obligations of the Escrow Issuer under the 7.00% Notes and the related indenture by operation of law, or the Escrow Merger.” 10-K for 2017

Word for word“On March 9, 2018 , the Company acquired the residential homebuilding operations of RSI Communities for an aggregate cash purchase price of $479.3 million , which is inclusive of approximately $15.2 million of net asset related adjustments at closing.” 10-K for 2018

Word for word“In August 2014, we closed the Polygon Acquisition, marking our entry into the Washington and Oregon markets, and in March 2018, we closed the RSI Acquisition, marking our entry into the Texas market.” 10-K for 2018