There can be no assurance that discussions with Pershing Square will result in any particular outcome, and HHH does not intend to comment further on these matters until HHH determines that additional disclosure is appropriate or required by law.
Morgan Stanley & Co. LLCis acting as financial advisor to the Special Committee of the Board of Directors, andHogan Lovells US LLPandRichards, Layton & Finger, P.A. are acting as legal counsel.
AboutHoward Hughes Holdings Inc.
Howard Hughes Holdings Inc.owns, manages, and develops commercial, residential, and mixed-use real estate throughout theU.S.Its award-winning assets include the country’s preeminent portfolio of master planned communities, as well as operating properties and development opportunities includingDowntown Columbia®inMaryland;The Woodlands®, Bridgeland®andThe Woodlands Hills®in theGreater Houston, Texasarea; Summerlin®inLas Vegas;Ward Village®inHonolulu, Hawaiʻi; and Teravalis™ in theGreater Phoenix, Arizonaarea.The Howard Hughesportfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities.Howard Hughes Holdings Inc.is traded on theNew York Stock Exchangeas HHH. For additional information visitwww.howardhughes.com.
Safe Harbor Statement
Statements made in this press release that are not historical facts, including statements accompanied by words such as “will,” “believe,” “expect,” “enables,” “realize,” “plan,” “intend,” “assume,” “transform” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in Howard Hughes Holdings Inc.’s filings with theSecurities and Exchange Commission, including its Quarterly and Annual Reports.Howard Hughes Holdings Inc.cautions you not to place undue reliance on the forward-looking statements contained in this release.Howard Hughes Holdings Inc.does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.
Contacts:
Media Relations
Andrew Siegel/Lyle Weston
Joele Frank
212-355-4449
Investor Relations
Eric Holcomb, 281-475-2144
Senior Vice President, Investor Relations
eric.holcomb@howardhughes.com
