Century Communities, Inc. 10-Q

ITEM 5. OTHER INFORMATION. Incremental Joinder Agreement to Increase Size of Senior Secured Revolving Credit Facility As previously disclosed, Century Communities, Inc. is party to a Credit Agreement (the “Credit Agreement”) with the lenders party thereto, U.S. Bank National Association, as Administrative Agent, U.S. Bank National Association, BofA Securities, Inc., JPMorgan Chase Bank, N.A., Fifth Third Bank, National Association, and PNC National Association, as Joint Lead Arrangers, Bank of America, N.A., JPMorgan Chase Bank, N.A., and BMO Bank N.A., as Co-Syndication Agents, Fifth Third Bank, National Association, PNC Bank, National Association, and Zions Bancorporation, N.A. dba Vectra Bank Colorado, as Co-Documentation Agents, and U.S. Bank National Association, as Sole Book Runner, which provides for a senior unsecured revolving credit facility of up to $900.0 million (the “Credit Facility”). Also, as previously disclosed, we are entitled to request an increase in the size of the Credit Facility (each, an “Incremental Increase”) by an amount not exceeding $400.0 million, in each case subject to the terms and conditions of the Credit Agreement. On April 22, 2025, pursuant to the terms of the Credit Agreement, we entered into an Incremental Joinder Agreement (the “Joinder Agreement”) to the Credit Agreement with Citizens Bank, N.A. and the lenders party to the Credit Agreement and U.S. Bank National Association, as Administrative Agent, to request an Incremental Commitment thereunder to increase the size of the Credit Facility from $900.0 million to $1.0 billion, and in connection therewith, add Citizens Bank, N.A. as an additional lender thereto (the “Incremental Lender”) and as an additional Joint Lead Arranger thereunder, with the Incremental Lender taking on a $125.0 million commitment thereunder and U.S. Bank, National Association reducing its commitment thereunder by $25.0 million. Except as set forth in the Joinder Agreement, the Credit Agreement remains unchanged and in full force and effect. As with the other lenders under the Credit Agreement and Joint Lead Arrangers thereunder, the Incremental Lender will receive customary compensation to serve in such capacities thereunder. 44 Table of Contents The foregoing description of the Joinder Agreement is a summary of the material terms of such agreement, does not purport to be complete and is qualified in its entirety by reference to the complete terms of the Joinder Agreement, which is filed as Exhibit 10.2 to this Quarterly Report on Form 10-Q and incorporated herein by reference. Rule 10b5-1 Plan and Non-Rule 10b5-1 Trading Arrangement Adoptions, Terminations, and Modifications During the three months ended March 31, 2025, none of our directors or “officers” (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of SEC Regulation S-K. ‎ 45 Table of Contents ITEM 6. E XHIBITS. The following exhibits are either filed or furnished herewith or incorporated herein by reference: Item No. Description 3.1 Restated Certificate of Incorporation of Century Communities, Inc. (incorporated by reference to Exhibit 3.1 to Century Communities, Inc.’s Quarterly Report on Form 10-Q for quarter ended September 30, 2023 (File No. 001-36491)). 3.2 Amended and Restated Bylaws of Century Communities, Inc., effective January 1, 2025 (incorporated by reference to Exhibit 3.1 to Century Communities, Inc.’s Current Report on Form 8-K filed with the SEC on November 8, 2024 (File No. 001-36491)). 10.1 Form of Employee Performance Share Unit Award Agreement for use with the Century Communities, Inc. 2022 Omnibus Incentive Plan (filed herewith) 10.2 Incremental Joinder Agreement, dated as of April 22, 2025, among Citizens Bank, N.A., as Incremental Lender, and each of the signatories to the Credit Agreement, dated as of November 1, 2024, among Century Communities, Inc., the Lenders party thereto and U.S. Bank National Association, as Administrative Agent (filed herewith) 22.1 List of Guarantor Subsidiaries (filed herewith) 31.1 Certification of the Co-Principal Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended (filed herewith) 31.2 Certification of the Co-Principal Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended (filed herewith) 31.3 Certification of the Principal Financial Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended (filed herewith) 32.1 Certification of the Co-Principal Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith) 32.2 Certification of the Co-Principal Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith) 32.3 Certification of the Principal Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith) 101.INS Inline XBRL Instance Document (the instance document does not appear in the interactive data file because its XBRL tags are embedded within the Inline XBRL document) 101.SCH Inline XBRL Taxonomy Extension Schema Document (filed herewith) 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document (filed herewith) 101.DEF Inline XBRL Taxonomy Definition Linkbase Document (filed herewith) 101.LAB Inline XBRL Taxonomy Extension Labels Linkbase Document (filed herewith) 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document (filed herewith) 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) ‎ 46 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Century Communities, Inc. Date: April 23, 2025 By: /s/ Dale Francescon Dale Francescon Executive Chairman (Co-Principal Executive Officer) Date: April 23, 2025 By: /s/ Robert J. Francescon Robert J. Francescon Chief Executive Officer and President (Co-Principal Executive Officer) Date: April 23, 2025 By: /s/ J. Scott Dixon J. Scott Dixon Chief Financial Officer (Principal Financial and Accounting Officer) 47