$BRK-B · Berkshire Hathaway Inc.

Berkshire Hathaway Inc. and Warren E. Buffett filed an initial beneficial ownership report on Form 3 with the SEC for Lennar Corporation, dated September 17, 2026 and filed September 21, 2026. The filing reports that Berkshire indirectly beneficially owned 21,050,601 shares of Lennar Class A common stock and 453,196 shares of Lennar Class B common stock through its insurance subsidiaries.

According to the filing, the Class A shares were held by AZGUARD Insurance Company, BHG Life Insurance Company, Medical Protective Company, National Indemnity Company, NorGUARD Insurance Company, and WestGUARD Insurance Company. The Class B shares were held by AZGUARD and National Indemnity. Because Berkshire is in the chain of ownership of these subsidiaries, it may be deemed to beneficially own the shares. Warren Buffett, as Berkshire’s controlling stockholder, may be deemed to beneficially own the shares only to the extent of his pecuniary interest, and he disclaims beneficial ownership except to that extent.