The St. Joe Company Announces Key Leadership Appointments

The St. Joe Company (NYSE: JOE) (“St. Joe” or the “Company”) announces the appointments of two key leadership positions within the Company. Scott Pjesky recently joined the Company as Senior Vice President of Residential Real Estate, responsible for overseeing residential operations, while Jennifer Ottmann will join at the end of October as Watersound Club Vice President, leading the Company’s private membership club operations. The appointments bring experienced leadership to two important areas of St. Joe’s diversified business and support its continued execution of long-term development and operational strategies in Northwest Florida.

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Scott Pjesky, Senior Vice President of Residential Real Estate, The St. Joe Company

Scott Pjesky, Senior Vice President of Residential Real Estate, The St. Joe Company

“Scott and Jennifer bring extensive experience and proven leadership in their respective fields that will be valuable as we continue to advance our long-term business strategy,” said Rhea Goff, St. Joe Senior Vice President, Chief Administrative Officer and Member of the Board. “Scott’s background in residential development and building strong relationships with homebuilders aligns with our approach to creating thoughtfully designed residential communities, while Jennifer’s experience in luxury hospitality and food and beverage operations will help elevate the dining experiences and further enhance the level of service we provide to Watersound Club members. We look forward to the contributions both will make to our Company.”

Pjesky joins St. Joe with more than 25 years of experience in residential real estate development and operations. Throughout his career, Pjesky has held leadership positions with public and private land development and homebuilding companies, primarily in the Illinois market. During his recent 14-year tenure as Vice President and Division Manager at NVR, he led the establishment of the company’s land and homebuilding operations in the Chicago market, building both single-family and multi-family residential communities. His experience also includes developing and maintaining strategic relationships with homebuilders, a key component of St. Joe’s residential development strategy.

Bringing extensive leadership experience in luxury hospitality and large-scale operations, Ottmann recently served as Vice President of Food and Beverage at The Boca Raton, where she oversaw a portfolio exceeding $150 million in annual revenue encompassing more than 20 dining and beverage outlets, including fine dining restaurants, casual dining, bars, lounges, pool and beach services, as well as large-scale events. In this role, she also led initiatives focused on operational excellence and luxury service standards, contributing to the resort’s recognition by Forbes Travel Guide as North America’s only quadruple Five-Star resort. Ottmann’s career also includes leadership roles with Thomas Keller Restaurant Group in Miami, Pink Sands Resort and SLS Baha Mar in the Bahamas, and Margaritaville Caribbean Group in Jamaica.

“With 14 residential communities actively under development and more than 3,500 Watersound Club members, experienced leadership is essential to supporting our continued growth and maintaining the high standards we have established across our operations,” said Jorge Gonzalez, St. Joe President, Chief Executive Officer and Chairman of the Board. “Scott and Jennifer offer valuable expertise that will help us continue delivering quality communities and exceptional experiences for our residents and club members. At St. Joe, we often talk about connecting people to place, and it’s our people who bring that connection to life.”

For more information about St. Joe residential communities, visit joe.com/real-estate. To learn more about Watersound Club, visit watersoundclub.com.

Important Notice Regarding Forward-Looking Statements

This press release contains “forward-looking statements,” within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding Company operations under new members of management. These forward-looking statements are qualified in their entirety by cautionary statements and risk factors set forth in St. Joe’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent current report filings.

About The St. Joe Company

The St. Joe Company (“Company”) is a diversified Florida real estate development, asset management and operating company with real estate assets and operations in Northwest Florida. The Company intends to use existing assets for residential, hospitality and commercial ventures and has significant residential and commercial land-use entitlements. The Company actively seeks higher and better uses for its real estate assets through a range of development activities. More information about St. Joe can be found on its website at joe.com.

©2026 The St Joe Company. All Rights Reserved. “St. Joe®,” “JOE®,” the “Taking Flight” Design®,” and “St. Joe (and Taking Flight Design)®” and “Watersound Club®” are service marks of The St. Joe Company.

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