OVERVIEW & HISTORYs2.q4cdn.com/231488844/files/doc_downloads/TRI... · Equity Partners, L.P. Former Founder, Managing General Partner of Soros Capital L.P. Current Principal Advisor

OVERVIEW & HISTORY

MARACAY HOMES® • PARDEE HOMES® • QUADRANT HOMES® • TRENDMAKER® HOMES • TRI POINTE HOMES® • WINCHESTER® HOMES

2016 BEST PLACES TO WORK, 2015 BUILDER OF THE YEAR & 2014 DEVELOPER OF THE YEAR

FORWARD LOOKING STATEMENTS

Various statements contained in this document, including those that express a belief, expectation or intention, as well as those that are

not statements of historical fact, are forward-looking statements. These forward-looking statements may include projections and estimates

concerning our future production, operational and financial results, financial condition, prospects, and capital spending. Our forward-looking

statements are generally accompanied by words such as “anticipate,” “believe,” “estimate,” “goal,” “guidance,” “expect,” “intend,” “outlook,”

“project,” “potential,” “plan,” “predict,” “target,” “will,” or other words that convey future events or outcomes. The forward-looking statements

in this document speak only as of the date of this document, and we disclaim any obligation to update these statements unless required

by law, and we caution you not to rely on them unduly. These forward-looking statements are inherently subject to significant business,

economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of

which are beyond our control. The following factors, among others, may cause our actual results, performance or achievements to differ

materially from any future results, performance or achievements expressed or implied by these forward-looking statements: the effect of

general economic conditions, including employment rates, housing starts, interest rate levels, availability of financing for home mortgages

and strength of the U.S. dollar; market demand for our products, which is related to the strength of the various U.S. business segments and

U.S. and international economic conditions; levels of competition; the successful execution of our internal performance plans, including

restructuring and cost reduction initiatives; global economic conditions; raw material prices; oil and other energy prices; the effect of

weather, including the re-occurrence of drought conditions in California; the risk of loss from earthquakes, volcanoes, fires, floods, droughts,

windstorms, hurricanes, pest infestations and other natural disasters; transportation costs; federal and state tax policies; the effect of land

use, environment and other governmental regulations; legal proceedings or disputes and the adequacy of reserves; risks relating to any

unforeseen changes to or effects on liabilities, future capital expenditures, revenues, expenses, earnings, synergies, indebtedness, financial

condition, losses and future prospects; changes in accounting principles; risks related to unauthorized access to our computer systems, theft

of our customers’ confidential information or other forms of cyber-attack; and additional factors discussed under the sections captioned

“Risk Factors” included in our annual and quarterly reports filed with the Securities and Exchange Commission. The foregoing list is not

exhaustive. New risk factors may emerge from time to time and it is not possible for management to predict all such risk factors or to assess

the impact of such risk factors on our business. Winchester is a registered trademark and is used with permission.

INTRODUCING TRI POINTE GROUP

Headquartered in Irvine, California, TRI Pointe Group (NYSE: TPH) is a family of premium regional homebuilders that design, build and sell

homes in major U.S. markets. As one of the largest homebuilding companies in the United States, TRI Pointe Group combines the resources

and leadership of a national organization with the regional insights, community ties and agility of local homebuilders.

Recent recognition of TRI Pointe Group includes 2016 Best Places to Work¹, 2015 Builder of the Year², 2014 Developer of the Year³ and

leading homebuilding analyst firm, Zelman & Associates, found TRI Pointe Group to have the highest-rated local management teams among

public homebuilders in their 2015 survey of land developers and private homebuilders.

VISION

1 Orange County Business Journal and Best Companies Group recognized TRI Pointe Group as one of the 2016 Best Places to Work in Orange County. 2 BUILDER Magazine named TRI Pointe Group the Builder of the Year in 2015. The Builder of the Year Award is BUILDER’s highest yearly honor.3 Builder and Developer Magazine, a national homebuilding publication, named TRI Pointe the Developer of the Year in 2014.

It’s our toughest mission and highest calling.

At our core, TRI Pointe Group is a homebuilder, utilizing decades of industry experience,

local market knowledge and operational expertise to deliver life inspiring homes to our customers.

As our life inspiring homes vision suggests, business as usual isn’t the business we’re in.

We believe our distinct competitive advantage is combining the resources and thought-leadership of one

of the largest homebuilders in the nation with the local insights and agility of our six homebuilding brands.

FAMILY OF HOMEBUILDERS

Note: $’s in thousands. Data as of December 31, 2016

2016 ORDERS: 4,2482016 DELIVERIES: 4,211

2016 HOME SALES (“HS”) REVENUE: $2,329,3362016 AVERAGE SALES (“ASP”) PRICE: $553LOTS OWNED OR CONTROLLED: 28,309

2018 GOAL: 5,100 - 5,400 ANNUAL DELIVERIES

HOMEBUILDER: MARKET:2016

ORDERS:2016

DELIVERIES:2016 HS

REVENUE:2016 ASP:

LOTS OWNED OR

CONTROLLED

2018 ANNUAL

DELIVERIESGOAL:

Phoenix, Tucson 670 625 $255,253 $408 2,053 700

Los Angeles/Ventura, Inland Empire, San Diego, Las Vegas

1,206 1,220 $668,835 $548 16,912 1,400 - 1,500

Greater Puget Sound Area 341 383 $207,057 $541 1,582 400

Houston, Austin 501 474 $239,734 $506 1,999 700-750

Orange County, Los Angeles, San Diego, San Francisco Bay Area, Denver

1,097 1,089 $723,186 $664 3,479 1,400 - 1,550

Maryland, Virginia 433 420 $235,271 $560 2,284 500

HISTORY OF TRI POINTE GROUP

THE BEGINNING OF THE NEXT GENERATION HOMEBUILDER

Fee-building was a capital-efficient method of establishing the company

Rapid expansion of owned projects through deployment of base capital and primary IPO proceeds

TRI POINTE HOMES, INC. (“TRI POINTE HOMES”) WAS ESTABLISHED AND BEGAN FEE-BUILDING PROJECTS IN SOUTHERN CALIFORNIA

RECEIVED $150MM EQUITY COMMITMENT PROVIDING FOUNDATION FROM WHICH TO GROW

OPENED NORTHERN CALIFORNIA DIVISION

OPENED COLORADO DIVISION

TRI POINTE HOMES BECOMES THE FIRST HOMEBUILDER IPO SINCE 2004

JULY: COMPLETED ACQUISITION OF WRECO COMPANIES COMPRISED OF MARACAY HOMES, PARDEE HOMES, QUADRANT HOMES, TRENDMAKER HOMES AND WINCHESTER HOMES

NOVEMBER: TRI POINTE SOLUTIONS WAS LAUNCHED, CONSISTING OF TRI POINTE CONNECT MORTGAGE FINANCING OPERATIONS AND TRI POINTE ASSURANCE TITLE SERVICES OPERATIONS

TRI POINTE NAMED DEVELOPER OF THE YEAR BY BUILDER & DEVELOPER MAGAZINE

RE-BRANDED THE COMPANY AS TRI POINTE GROUP, INC. (“TRI POINTE GROUP”)

TRI POINTE GROUP NAMED BUILDER OF THE YEAR BY BUILDER MAGAZINE

2009

2010

2011

2012

2013

2014

2015

FEE

EXPA

NSI

ON

IPO

MER

GER

TRI Pointe became a top 10 public homebuilder by market equity capitalization

GRO

UP

2016

TRI POINTE GROUP RECOGNIZED AS 2016 BEST PLACES TO WORK IN ORANGE COUNTY BY ORANGE COUNTY BUSINESS JOURNAL AND BEST COMPANIES GROUP

TRI POINTE GROUP AWARDED HIVE 100 INNOVATORS AWARD BY HANLEY WOOD

TRI Pointe continues to be recognized as a leader in design and innovation

JULY 2014 | TPH / WRECO TRANSACTION2016 FINANCIAL AND OPERATIONAL HIGHLIGHTS

KEY INCOME STATEMENT DATA 2015 2016

Home Sales Revenue $2,291,264 $2,329,336

Homebuilding Gross Margin % 21.1% 21.2%

SG&A Expense as a % of Home Sales Revenue 10.2% 10.8%

Homebuilding Income from Operations $314,882 $295,959

Net Income Available to Stockholders $205,461 $195,171

Diluted Net Earnings Per Share $1.27 $1.21

KEY BALANCE SHEET DATA 12/31/2015 12/31/2016

Cash and Cash Equivalents $214,485 $208,657

Real Estate Inventories $2,519,273 $2,910,627

Lots Owned or Controlled 27,602 28,309

Total Debt $1,170,505 $1,382,033

Total Stockholders’ Equity $1,664,683 $1,829,447

Ratio of Debt-to-Capital 41.3% 43.0%

OTHER DATA 2015 2016

Net New Home Orders 4,181 4,248

New Homes Delivered 4,057 4,211

Average Sales Price of Homes Delivered $565 $553

Backlog of Homes at Fiscal Year End 1,156 1,193

Backlog Dollar Value at Fiscal Year End $697,334 $661,146

124 Actively Selling Communities

as of December 31, 2016*year-over-year increase in actively selling communities

28,309homesites owned or controlled as

of December 31, 2016

+19%*

(dollars in thousands)

BEST-IN-CLASS EXECUTIVE LEADERSHIP TEAM

TRI Pointe Group’s CEO, COO, and CFO have been working together for over 25 years. TRI Pointe Group senior management has significant experience running a large, geographically diverse, growth-oriented public homebuilder. Deep managerial talent at each operating division with key local relationships supports dynamic, tailored growth strategies.

THOMAS MITCHELL | PRESIDENT AND COO

28 years of real estate & homebuilding experience

Former EVP & Southern California Regional President at

William Lyon Homes

STEVEN J. GILBERT | CHAIRMAN OF THE BOARD

Chairman of the Board of Gilbert Global

Equity Partners, L.P.

Former Founder, Managing General

Partner of Soros Capital L.P.

Current Principal Advisor to Quantum Industrial Holdings

Ltd.

MICHAEL GRUBBS | CHIEF FINANCIAL OFFICER

28 years of real estate & homebuilding experience

Former SVP / CFO of William Lyon Homes

DOUGLAS BAUER | CHIEF EXECUTIVE OFFICER

28 years of real estate & homebuilding experience

Former President & COO of

William Lyon Homes

BOARD OF DIRECTORS

DOUGLAS F. BAUER

Chief Executive Officer of TRI Pointe Group

STEVEN J. GILBERT

Chairman of the Board, Chairman of the Board of Gilbert Global Equity Partners,

L.P. Former Founder, Managing General Partner of Soros Capital L.P., Principal Advisor to

Quantum Industrial Holdings Ltd.

LAWRENCE B. BURROWS

Former Senior Vice President of Wood Products for Weyerhaeuser, President and

Chief Executive Officer of WRECO

DANIEL S. FULTON

Former President, Chief Executive Officer, Member of the board of directors of

Weyerhaeuser, President and Chief Executive Officer of WRECO

CONSTANCE B. MOORE

Former Director, President and Chief Executive Officer of BRE Properties, Inc

THOMAS B. ROGERS

Former Executive Vice President, City National Bank - Southern Region, Senior Vice President

and Treasurer of The Irvine Company

SIX PREMIUM HOMEBUILDER BRANDS & MANAGEMENT TEAM

Data as of December 31, 2016

CALIFORNIA | NEVADAJIMMY AYALA

San DiegoMIKE TAYLORInland Empire

KLIF ANDREWS Las Vegas

DAVE LITTLELos Angeles

Combined Years in Industry: 90

ANDY WARRENYears in Industry: 30

KEN KRIVANECYears in Industry: 28

FOUNDED

1921326 EMPLOYEES

FOUNDED

1991113 EMPLOYEES

ARIZONA

FOUNDED

1959113 EMPLOYEES

WASHINGTON

Data as of December 31, 2016

SIX PREMIUM HOMEBUILDER BRANDS & MANAGEMENT TEAM (CNTD.)

MATT OSBORN Colorado

TOM GRABLE Southern California

JEFF FRANKELNorthern California

Combined Years in Industry: 71

WILL HOLDERYears in Industry: 37

ALAN SHAPIROYears in Industry: 32

FOUNDED

1971114 EMPLOYEES

TEXAS

CALIFORNIA | COLORADO

FOUNDED

2009274 EMPLOYEES

MARYLAND | VIRGINIA

FOUNDED

1979105 EMPLOYEES

Investor Relations | (949) 478-8696 | [email protected] | www.TriPointeGroup.com