High EGT? May be not, (probe location)
High EGT? Is it really high? May be not
Obviously "relative"" is key between cylinder, if you have the probes in the same location in each pipe.
What are EGT's on cylinders #1 and #2? (If spread is ator less than 170F it may be OK, not great but OK.)
Where do you have the probes? (2" or 5" down from flange for example)?
What are the CHT's? (are the CHT's high as wtih a large spread.)
Mo info needed but it might be nothing to some of the above or comment below.
Possible problem:
I would check the mixture first.
O-320's are known to run lean in RV's with the free flow airbox and exhaust. The stock MS carbs just don't have enough jet to feed the extra air flow at higher power. There is no screw to adjust, it's the main jet. I can help you with that if you like. Look up the serial # on the carb and write me. Not all MA-4SPA's are the same. The fix is pretty simple. It does require partial dis-assembly (drop the bowl and remove main jet) and a "mod" drilling-out of the main jet slightly. A very common problem and even more common fix. Typical carbs for a Cessna or Piper are not rich enough for RV's. All this is well documented. Precision Airmotive (the owner of the Marvel Schibler carb line) will officially say no, but on the side they know all about it, they just can't "approve it". In the spirit of full disclosure you can trade in your carb for a richer on (if that is the problem), but that fix might cost $1,600. You can get the richest carb they sell and still have issues. Drilling the main jet works and cost about $5-$10 for new clips, washers and gaskets.
Have you done a LEAN test?
At WOT at approx 75% power (8,000 ft approx altitude) you should see at least 100-150F EGT rise from full rich to peak.
On the ground at run-up RPM (1,700-2,100 rpm) slowly lean, note or detect an rpm increase (75-100 rpm) as you lean. If the engine just dies you are too lean. The EGT should also rise about 150F.
At idle engine rpm (say 1000 rpm), you should see RPM rise slightly as you go to cutoff (slowly). EGT will rise as well, say 25-50F.
Bottom line 1500-1600F max EGT has been reported by other RV'ers. However to be clear you should not see peak EGT at take-off power.
If you have checked the mixture, your probes are close to exhaust port and the spread is small, you may be OK. You should look at the plugs, induction leaks and timing, but don't go crazy. You have to get all the data first.
PS is the throttle FULL open? Check that.