On March 29, 2022, the Board of Directors of Hovnanian Enterprises, Inc. (the “Company”) approved amendments to the Company’s Code of Ethics to clarify circumstances under which the disclosure of confidential information would be permissible. The existing Code of Ethics was also amended to reflect current best practices and elaborate on certain topics such as conflicts of interest, improperly influencing auditors, confidentiality of information and other non-substantive updates. The description of the amendments is qualified in its entirety by reference to the full text of the Code of Ethics which is available by clicking the link above.