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FPH vs HPP

Five Point Holdings, LLC Class A Common Shares and Hudson Pacific Properties, Inc.

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Five Point Holdings, LLC Class A Common Shares

Five Point Holdings, LLC designs, owns, and develops mixed-use planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates through three segments: Valencia, San Francisco, and Great Park. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers by providing development management services; operates and owns a commercial office, research and development, medical campus, and other properties; and provides development and property management services. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016. Five Point Holdings, LLC was incorporated in 2009 and is headquartered in Irvine, California.

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Hudson Pacific Properties, Inc.

Hudson Pacific Properties, Inc. is a real estate investment trust, or REIT, and the sole general partner of our operating partnership. As of June 30, 2025, Hudson Pacific Properties, Inc. owned approximately 97.5% of the ownership interest in our operating partnership (including unvested restricted units). The remaining approximately 2.5% interest was owned by certain of our executive officers and directors, certain of their affiliates and other outside investors and includes unvested operating partnership performance units. As the sole general partner of our operating partnership, Hudson Pacific Properties, Inc. has the full, exclusive and complete responsibility for our operating partnership's day-to-day management and control.

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