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Group 1 - The company held its 2025 Annual Shareholder Meeting, marking its 15th annual meeting, with attendees including shareholders from various locations, highlighting the global interest in the company [3] - The agenda included the election of directors, an advisory vote on executive compensation, approval of the 2025 equity incentive plan, and ratification of KPMG as the independent registered public accounting firm for the fiscal year ending December 31, 2025 [3][4] - A presentation on the company's real estate operations was scheduled, followed by a Q&A session for shareholders to engage with the management team [2]

THE WOODLANDS, Texas, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings (NYSE: HHH) today announced the appointment of Thom Lachman and Susan Panuccio as independent Directors of the Company. “Thom and Susan both bring tremendous expertise and proven track records of delivering growth and long-term value creation, and we are delighted to welcome them to the Board,” said Bill Ackman, Executive Chairman of Howard Hughes Holdings. “Thom’s operational excellence and leadership in global consumer brands, ...

Core Viewpoint - Howard Hughes Holdings Inc. (HHH) is showing potential for a bullish breakout as it has reached a key support level and experienced a "golden cross" in its moving averages [1][2]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), indicating a potential bullish trend [2]. - The formation of a golden cross involves three stages: a downtrend that bottoms out, the crossover of moving averages, and a subsequent upward price movement [3]. Recent Performance - HHH shares have increased by 10.6% over the past four weeks, indicating positive momentum [4]. - The company currently holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting strong investor confidence and potential for further gains [4]. Earnings Expectations - There have been no downward revisions and no changes higher in earnings expectations for the current quarter over the past 60 days, with the Zacks Consensus Estimate also moving up [4]. - Positive earnings estimate revisions further support the bullish outlook for HHH [6].

Core Insights - Howard Hughes Communities reported unprecedented sales velocity and record-breaking prices at 'Ilima Ward Village and Melia Ward Village, totaling $1.2 billion at launch, with over $280 million in penthouse sales and a single residence exceeding $40 million [2][3] - The sales figures indicate a strong demand for luxury condominiums in the Howard Hughes portfolio, with 'Ilima and Melia being 41% and 52% pre-sold, respectively, as of September 1, 2025 [2][3] - The development of 'Ilima and Melia is part of the award-winning 60-acre Ward Village community, which is recognized for its exceptional quality and premium land values [3][4] Company Overview - Howard Hughes Communities is the real estate platform of Howard Hughes Holdings Inc., focusing on large-scale master planned communities and mixed-use developments [10] - The company has a strong portfolio that includes notable communities such as The Woodlands, Summerlin, and Ward Village, strategically positioned to meet market demand [10] - Ward Village is a LEED-ND Platinum-certified community, emphasizing sustainable development and integrating public benefits and amenities for urban Honolulu [9][10] Development Details - 'Ilima Ward Village features 148 residences in a 33-story tower, while Melia Ward Village comprises 221 residences in a 35-story tower, both designed by Robert A.M. Stern Architects [6][7] - The two towers will be connected by a botanical garden pathway, enhancing the community's appeal and accessibility [6] - The development plan includes the potential for 2.5 to 3.5 million gross square feet of future redevelopment, aligning with new guidelines for transit-oriented development [8]

Thom Lachman and Susan Panuccio Nominated as Independent Non-Executive Directors of the Company Event Registration Available Online at shareholdermeeting.howardhughes.com THE WOODLANDS, Texas, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings (NYSE: HHH) announced today that the company’s Annual Shareholder Meeting will take place on Tuesday, September 30 in New York City. HHH Executive Chairman Bill Ackman and Chief Investment Officer Ryan Israel will discuss the company’s plans to acquire an insura ...

Financial Data and Key Metrics Changes - For Q2 2025, adjusted operating cash flow was $91 million or $1.64 per diluted share, reflecting strong performance across business segments [6][7] - The company raised its full-year guidance for adjusted operating cash flow to a range of $385 million to $435 million, with a midpoint of approximately $410 million, an increase of $60 million at the midpoint compared to previous guidance [14][16] - The company reported a quarterly net operating income (NOI) of $69 million, representing a 5% year-over-year increase [9][10] Business Line Data and Key Metrics Changes - The master planned communities (MPC) segment delivered an earnings before tax (EBT) of $102 million, driven by land sales at a record average price per acre of $1.35 million, a 29% increase over the previous year [7][8] - The operating assets segment achieved a record quarterly NOI across office and multifamily properties, with a 5% year-over-year growth [7][10] - The multifamily portfolio delivered a record NOI of $17 million, a 19% increase year-over-year [10][11] Market Data and Key Metrics Changes - Home sales in the MPCs totaled 487 homes sold in Q2, a decline from the previous year due to reduced inventory and regulatory delays, but expected to rebound in the second half of the year [8][9] - The national housing market showed signs of softening, yet the company’s record price per acre indicates strong demand and desirability for its MPCs [8][9] Company Strategy and Development Direction - The company aims to transform from a pure play real estate company to a diversified holding company, with a focus on acquiring an insurance operation to enhance cash generation and investment returns [5][21] - The strategic direction includes maintaining a conservative leverage approach in the insurance business, similar to Berkshire Hathaway's model [21][26] - The company plans to leverage its real estate operations to support the growth of the insurance segment, aiming for a diversified holding company structure [22][79] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of home sales within its communities despite broader market challenges, attributing this to the quality of its assets and amenities [39][41] - The company anticipates continued strength in land sales and homebuilder demand, projecting record residential land sales for the full year 2025 [9][43] - Management emphasized a cautious yet optimistic outlook for the insurance acquisition strategy, with expectations for it to become a significant part of the business in the near term [48][49] Other Important Information - The company has approximately $1.4 billion in cash and $515 million in undrawn lines of credit, providing strong liquidity for future investments [17][18] - The company successfully reduced near-term maturities and extended financing for key properties, enhancing its financial stability [18][19] Q&A Session Summary Question: Insights on MPC business amidst market challenges - Management noted strong home sales resilience due to the quality of assets and amenities, with a diverse range of price points attracting various buyers [36][39] Question: Thoughts on building versus acquiring an insurance entity - Management indicated a preference for acquiring an existing insurance operation to leverage established management and operations, rather than starting from scratch [44][46] Question: Expectations for earnings contribution from insurance versus stock portfolio - Management highlighted that the investment aspect of the insurance operation could significantly contribute to overall profitability, similar to Berkshire Hathaway's model [49][50] Question: Clarification on leverage and potential deal sizes for insurance acquisition - Management stated that they aim to maintain appropriate leverage and control over any acquired insurance operation, with potential deal sizes in the range of $1 billion to $3 billion [56][62] Question: Changes made within the organization post-acquisition - Management confirmed no significant changes to the real estate operations but emphasized G&A savings through centralization and efficiency improvements [65][70]

Strategic Transaction & Company Overview - Pershing Square invested $900 million in HHH, purchasing 9 million newly issued shares at $100 per share, representing a 48% premium[12] - Pershing Square's beneficial ownership increased to approximately 469%, with voting power capped at 40% and beneficial ownership limited to 47%[12] - Howard Hughes is transforming into a diversified holding company seeking controlling stakes in high-quality, durable growth companies while continuing to invest and grow the core real estate development business[12] - Howard Hughes has 34,000 acres of raw land[16] Financial Performance - The company's 2024 Master Planned Communities (MPC) Earnings Before Tax (EBT) was $349 million[18] - The company's 2024 Adjusted Condo Gross Profit was $211 million[20] - The company's 2024 Operating Assets Net Operating Income (NOI) was $257 million[23] - The company's Adjusted Operating Cash Flow for 2025 is projected to be $410 million[42] Operating Assets - Operating Assets In-Place NOI is $265 million with $353 million expected at stabilization[100]

Exhibit 99.1 HOWARD HUGHES HOLDINGS INC. REPORTS SECOND QUARTER 2025 RESULTS Strong demand and record pricing for MPC land, along with solid Operating Assets performance, support robust full-year outlook and revised upward guidance Second Quarter 2025 Highlights: "In the second quarter, Pershing Square invested $900 million into Howard Hughes in exchange for nine million newly issued shares of HHH stock," commented David R. O'Reilly, Chief Executive Officer of Howard Hughes. "This represented a significant ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Commission file number 001-41779 HOWARD HUGHES HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) Delaware 93-1869991 ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025 or ☐ Transition report pursuant to Section 13 or 15(d) o ...