Five Point Holdings extends Great Park DMA to 2026, raises base fee to $13.5M

Five Point Holdings, LLC

DMA extended through Dec 31, 2026 (was Dec 31, 2024).
Annual base fee rises to $13.5M from $12.0M, payable monthly at $1.125M.
Incentive compensation set at 9% of Great Park Venture distributions.
If DMA not extended beyond 2026, reduced incentive rate of 6.75% applies on future distributions.
Manager also entitled to unpaid base fees and accrued incentive on expiration.

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