Five Point(FPH) - 2024 Q1 - Quarterly Results

Exhibit 99.1 First Quarter 2024 and Recent Highlights • Great Park Venture distributions and incentive compensation payments to the Company totaled $30.3 million. • Great Park builder sales of 69 homes during the quarter. • On January 16, 2024, exchanged $623.5 million of existing 7.875% Senior Notes due November 2025 for $100.0 million in cash and $523.5 million in new 10.500% initial rate Senior Notes due January 2028. • In April 2024, S&P Global Ratings upgraded our outlook to stable, upgraded our corpor ...