American Homes 4 Rent Reports First Quarter 2021 Financial and Operating Results CALABASAS, Calif., May 6, 2021-American Homes 4 Rent (NYSE: AMH) (the 'Company'), a leading provider of high-quality single-family homes for rent, today announced its financial and operating results for the quarter ended March 31, 2021. Highlights •Rents and other single-family property revenues increased 8.8% to $312.6 million for the first quarter of 2021 from $287.3 million for the first quarter of 2020. •Net income attributable to common shareholders totaled $30.2 million, or $0.09 per diluted share, for the first quarter of 2021, compared to $20.2 million, or $0.07 per diluted share, for the first quarter of 2020. •Core Funds from Operations ('Core FFO') attributable to common share and unit holders increased 8.5% to $0.32 per FFO share and unit for the first quarter of 2021 from $0.29 per FFO share and unit for the first quarter of 2020 and Adjusted Funds from Operations ('Adjusted FFO') attributable to common share and unit holders increased 8.9% to $0.29 per FFO share and unit for the first quarter of 2021 from $0.26 per FFO share and unit for the first quarter of 2020.