Director Eric Hoffman resigns after Centerbridge's $100M TypTap stake redeemed

HCI Group, Inc.

Eric Hoffman resigned from HCI board effective December 27, 2024.
He served as representative of Centerbridge, which invested $100M in TypTap in 2021.
HCI redeemed Centerbridge's preferred shares in TypTap in January 2024; Centerbridge now holds no interest.
Resignation not due to any disagreement with board or management.

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