LGI Homes, Inc. Announces Dismissal of Ernst & Young LLP and Appointment of Deloitte & Touche LLP as Independent Auditor

Key Points from the Form 8-K Filing

• LGI Homes, Inc. has changed its independent registered public accounting firm.
• On June 8, 2026, the Audit Committee of the Board of Directors dismissed Ernst & Young LLP (E&Y) as the company’s independent auditor.
• Simultaneously, the Audit Committee appointed Deloitte & Touche LLP (Deloitte) as the new independent registered public accounting firm, effective immediately, for the fiscal year ending December 31, 2026.
• This decision was made following a competitive selection process involving multiple accounting firms, including E&Y.
• The change was officially reported to the SEC in a Form 8-K filed on June 10, 2026.

Details of the Auditor Change

1. Dismissal of Ernst & Young LLP

• The decision to dismiss E&Y was made after reviewing and evaluating proposals from participating firms in the selection process.
• The audit reports of E&Y for the fiscal years ended December 31, 2025 and 2024 contained no adverse opinions, disclaimers, or qualifications as to uncertainty, audit scope, or accounting principles.
• There were no disagreements or reportable events (as defined under SEC Regulation S-K, Item 304) between LGI Homes and E&Y regarding accounting, auditing, or financial reporting matters during the relevant periods.
• E&Y has provided a letter to the SEC, dated June 9, 2026, confirming its agreement with these disclosures. This letter is included as Exhibit 16.1 to the Form 8-K.

2. Engagement of Deloitte & Touche LLP

• Deloitte & Touche LLP has been appointed as the new independent auditor for the fiscal year ending December 31, 2026.
• During the previous fiscal years (2025 and 2024) and up to the effective date, LGI Homes did not consult with Deloitte on matters related to accounting principles, auditing scope, or any reportable events.
• No written or oral advice was received from Deloitte that was an important factor considered by LGI Homes in reaching a decision about any accounting, auditing, or financial reporting issue.

Potentially Price-Sensitive Information for Shareholders

• A change in independent auditor is a significant corporate event and can be viewed as a signal of shifts in financial reporting, company strategy, or regulatory focus.
• No adverse findings or disagreements were reported with the outgoing auditor (E&Y), which may reassure investors that the change is not due to underlying accounting or financial issues.
• Appointment of Deloitte, a “Big Four” firm like E&Y, ensures continuity of high-quality audit standards and may help maintain investor confidence.
• Investors may want to monitor future reports closely for any changes in accounting policies, estimates, or disclosures under the new auditor, as such changes can affect the comparability of future financial statements.

Other Information

• LGI Homes, Inc. is incorporated in Delaware and is listed on the NASDAQ Global Select Market under the trading symbol LGIH.
• The company’s principal executive offices are located at 1450 Lake Robbins Drive, Suite 430, The Woodlands, TX 77380. Telephone: (281) 362-8998.
• This Form 8-K filing is not related to any written communications, soliciting materials, or pre-commencement tender offers.

Summary for Investors

The decision to switch auditors from Ernst & Young LLP to Deloitte & Touche LLP is a major governance update that shareholders should be aware of. While the transition appears routine and the outgoing auditor has confirmed there are no unresolved issues or disagreements, such changes can sometimes precede future shifts in financial policies or disclosures. Investors should remain attentive to upcoming financial statements and audit opinions for any changes that could impact the company’s financial profile or share valuation.

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