Safehold enters into ATM equity sales agreements for up to $300M in primary shares and 1M shares by selling stockholder

Safehold Inc.

Primary Sales Agreement allows Safehold to sell up to $300M of common stock through agents; net proceeds to Portfolio Holdings for general corporate purposes.
Selling Stockholder Sales Agreement allows Star Investment Holdings to sell up to 1M shares; proceeds may repay Star Holdings' term loan (Safehold is lender) or pay management fees.
Sales are at-the-market; agent compensation up to 2% of gross proceeds; no obligation to sell any shares.
Agreements dated April 5, 2023; prospectus supplement filed same day.

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