Green Brick Partners, Inc.

1. Represents (i) an annual award of shares of restricted common stock issued to non-employee directors pursuant to the Issuer's 2024 Omnibus Equity Incentive Plan. The shares of restricted common stock vest in full on the first anniversary of the date of grant of the shares of restricted common stock.

2. Represents securities held in 7 separate custodial accounts under the UTMA. The Reporting Person is the custodian of the UTMA accounts for the benefit of his grandchildren.

3. For purposes of Section 16 of the Exchange Act, the Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

4. Represents securities held by the Trust UW B Press. As a Trustee of the Trust UW B Press, the Reporting Person may be deemed to exercise voting and investment power over the shares held directly by the Trust UW B Press.

5. The shares reported are held directly by the spouse of the Reporting Person as separate property. For purposes of Section 16 of the Exchange Act, the Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.