FIRST AMENDMENT TO STANDBY PURCHASE AGREEMENTStandby Purchase Agreement • July 25th, 2024 • Pershing Square Capital Management, L.P. • Real estate investment trusts • New York
This First Amendment (this “Amendment”) to the Standby Purchase Agreement is effective as of July 23, 2024 (the “Effective Date”) by and among Seaport Entertainment Group Inc., a corporation existing under the laws of Delaware (the “SEG”), Howard Hughes Holdings Inc., a corporation existing under the laws of Delaware (“HHH”), Pershing Square Holdings, Ltd., Pershing Square, L.P. and Pershing Square International, Ltd. (together, the “Standby Purchasers” and together with SEG and HHH, the “Parties”).
