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DOUG vs PECO

Douglas Elliman Inc. and Phillips Edison & Company, Inc. Common Stock

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Douglas Elliman Inc.

Douglas Elliman Inc. engages in the real estate services and property technology investment business in the United States. It operates in Real Estate Brokerage; and Corporate Activities and Other; and Estate, Trust & Probate segments. The company also provides residential real estate brokerage services; and ancillary services, such as property management, title, escrow services and support clients on nuanced landscape of trust, conservatorship, and probate real estate transactions. The company also offers its services internationally. Douglas Elliman Inc. was founded in 1911 and is headquartered in Miami, Florida.

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Phillips Edison & Company, Inc. Common Stock

Phillips Edison & Company, Inc. ("PECO") is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of September 30, 2025, PECO managed 328 shopping centers, including 303 wholly-owned centers comprising 34.0 million square feet across 31 states and 25 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

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