Forestar Flipbook

Largest Residential Community Developers ONE OF THE NATION’S

Harmony West Saint Cloud, Florida

Forestar develops places people are proud to call home.

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Forestar develops approximately one in every 50 single-family homesites in the U.S. From small neighborhoods to resort-style master-planned communities, each development combines form and function. With over 75,000 homesites developed in the last five years, Forestar focuses on vision, value and velocity. Since 2019, the company has invested more than $9 billion in land acquisition and development. Each development combines form and function. The following provides an overview of our communities and how we conduct business.

Ocala Preserve Ocala, Florida

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TRANSPARENCY Traded on the New York Stock Exchange (NYSE: FOR), find the company share price, latest quarterly results and corporate governance on our investor relations website at investor.forestar.com. The Benefits of Wo FINANCIAL FOUNDATION Unlike other developers, Forestar offers a unique capital structure. As of September 30, 2025, the company has:

• Approximately $968 million in liquidity • No project-level debt • More than $2.6 billion in real estate

Harmony at Lake Eloise Winter Haven, Florida

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orking with Forestar

As of September 30, 2025, Forestar operates in 64 markets within 23 states. NATIONWIDE PRESENCE - WHERE WE DEVELOP

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Forestar is a majority-owned subsidiary of D.R. Horton, America’s largest homebuilder by volume since 2002. Additionally, Forestar sells lots to other national, regional and local builders. Since 2018, Forestar has sold lots to more than 60 unique customers.

Builders

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Ready for Today’s Challenges As an industry leader, Forestar sets the standard for quality residential land development. Today’s executive team manages strategic growth without compromise.

Star Farms Lakewood Ranch, Florida

VISIONARY WORK Below Ground And Above Forestar transforms raw land into flourishing communities. We oversee the installation of buried infrastructure and amenities in plain sight.

Grand Hollow Huntsville, Alabama

Hamilton Walk Breinigsville, Pennsylvania

Revere Johnstown, Colorado

The Townes at Stonecrest Hendersonville, North Carolina

Jubilee Farms Daphne, Alabama

Mt. Vernon North Fortville, Indiana

The Canopies New Caney, Texas

Carillon Manor, Texas

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Desert Moon Estates Buckeye, Arizona

The Preserve at Tuscarora Frederick, Maryland

Forestar employees have fun and give back. Team building and office parties are routine. Additionally, divisions support the communities they serve. From picking up trash to packing food, the difference they make is felt nationwide. Culture

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Avenida San Antonio, Texas

Silverleaf Waterford Lakes St. Augustine, Florida

Presswoods Splendora, Texas

Corporate Headquarters | 2221 E. Lamar Blvd., Suite 790, Arlington, TX 76006 www.Forestar.com

This handout may include “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Although Forestar believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. All forward-looking statements are based upon information available to Forestar on the date of this handout. Information about factors that could lead to material changes in performance is contained in Forestar’s annual report on Form 10-K and its most recent quarterly report on Form 10-Q, both of which are filed with the Securities and Exchange Commission.

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