Investor Presentaiton
Howard Hughes Corporation ("HHC")
Howard Hughes.
THE HOWARD HUGHES C
Under new leadership, HHC is executing a business transformation
to focus the company on the vast long-term value creation
opportunity within its core master planned communities (MPCs)
2019 was a year of significant organizational change
► In June 2019, HHC's Board of Directors announced a detailed review
process to evaluate all potential strategic alternatives
In October 2019, the Board concluded that the best interests of shareholders
were served by HHC executing a transformation plan under new leadership
■ Appointed Paul Layne as new CEO
■ Corporate headquarters moved from Dallas to The Woodlands
Transformation plan to drive value creation through focus
▸ Three-pillar transformation plan will create a lean, decentralized
organization built around the company's core MPC business
■Streamlined organizational structure
Sale of non-core assets
Accelerated growth in core MPC business
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