American Homes 4 Rent : 2022 Sustainability Report

David P. Singelyn

Chief Executive Officer

This year marks a big milestone for us. We are celebrating ten years as a public company dedicated to redefining what it means to make a home yours. Throughout economic cycles and volatile markets, we have remained resilient and steadfast in our mission to deliver the joys of single-family living to residents nationwide, with support and convenience they can count on.

Since our origin, we have believed that people who want to live in a home deserve a better option. They deserve more flexibility than being locked into a 30- year mortgage. They deserve to sleep more soundly at night, without worrying about looming property taxes or expensive repairs. Buying a home might not be right for everyone. But everyone should be able to live in one, comfortably.

We also believe that, when it comes to leasing a home, the choices have not always been ideal. Faced with challenges like unreliable landlords, poorly maintained properties, remote locations, and high-density neighborhoods, home renters in the U.S. have never had it easy. And that is where we come in.

In 2012, we set out to make leasing a high-quality home simpler for residents nationwide. For the past decade, we have worked to simplify their world, so that they can focus on what really matters to them, wherever they are in life. 

Today, we manage approximately 60,000 rentals in attractive locations nationwide, home to about 200,000 people. We provide online tools and solutions to make finding and living in a home as seamless

as possible. We offer professional management and maintenance services, so they can enjoy their weekends stress-free.

As the 41st largest homebuilder in the nation, we also develop new communities that add housing supply during an ongoing shortage, and are designed to support comfort and sense of belonging.

More than ever, residents are looking to us to find desirable homes they can access in the regions where they want to live and work. In turn, we are meeting their housing needs with reliable solutions, delivering peace of mind amid widespread uncertainty.

And we are doing it all with care, for our residents as well as for each other and for the planet we share.

Since last year's report, we opened our first solar-enabled community, conducted a formal climate change risk analysis to better mitigate our environmental impact, established six Employee Resource Groups, implemented a corporate social responsibility platform to connect employees with nonprofit and volunteer opportunities in their communities, and supported a planned affordable housing development through a charitable donation.

As a result of our continued sustainability efforts, we were recently named one of America's Most Responsible Companies and America's Most Trustworthy Companies by Newsweek and Statista Inc. As a national employer, we were also recognized

as a Great Place To Work® for the second year in a row, and one of Fortune's 2022 Best Workplaces in Real EstateTM on its inaugural list. Guided by our values of caring about people, making it simple, and holding ourselves accountable, we have earned recognition for doing business mindfully, being socially responsible, and providing a service to our customers with integrity.

Now, in our second decade as a leading housing provider, we have updated our brand to reflect the journey that has brought us here. To reflect the simplicity that we strive to deliver to our residents' lives daily. To reflect the innovative spirit of our origins and of the team that has made it all possible. To reflect our heritage and our vision of better housing in America: one with more possibilities, choices, and freedoms. 

Today, we do much more than just rent homes. We work to improve people's lives. And our new brand, under the simplified look, feel, and name of AMH, represents our renewed commitment to serving our residents by making their worlds a little easier and brighter every day.

As we continue our journey, we remain committed to being a resilient, sustainable, and inclusive organization to earn the trust of those who rely on us-and delivering lasting value to our residents, employees, investors, and communities. We look forward to unveiling new ways to bring our original mission to life: new offerings and services to elevate the experience of home, new technologies to remove friction from the resident experience, and new solutions to make single- family living more accessible to more people.

The future of housing in America is bright with opportunity. And AMH will continue to be there every step of the way to build it better.

Sincerely,