The St. Joe Company (NYSE: JOE) (“St. Joe”) releases the spring/summer issue of Watersound Lifestyle, the Watersound Club member magazine.

The biannual magazine provides insight into club amenities and highlights interesting stories from the community. In this issue readers can learn more about the newest Watersound Club amenities, get to know Director of Golf Instruction, Ben Blalock, and get a glimpse inside the making of The Third golf course.

These stories and more can be found in the latest issue, both in print and by clicking here to view Watersound Lifestyle magazine online.

Important Notice Regarding Forward-Looking Statements

“Watersound Lifestyle,” the Watersound Club member magazine contains “forward-looking statements,” within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding the Company’s development activities. 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, 2023 and subsequent filings.

About The St. Joe Company

The St. Joe Company is a 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. St. Joe 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 the Company can be found on its website at www.joe.com.

About Watersound Club

Watersound Club private membership club has properties in the Northwest Florida beach areas of South Walton and Panama City Beach. Club members and their guests can access Watersound Beach Club amenities, Camp Creek Golf Club, Shark’s Tooth Golf Club, a wellness center, tennis and pickleball courts and other beach, dining and lifestyle activities. More information can be found at www.watersoundclub.com.

©2024 The St Joe Company. “JOE®”, “St. Joe®”, the “Taking Flight Design®”, “St. Joe (and Taking Flight Design)®”, “Camp Creek®”, “Watersound®”, “Watersound Beach Club®”, “Watersound Lifestyle℠” and “Watersound Club®” are registered service marks of The St. Joe Company or its affiliates.

St. Joe Investor Relations Contact: Marek Bakun Chief Financial Officer 1-866-417-7132 marek.bakun@joe.com

St. Joe Media Relations Contact: Mary Beth Lovingood Corporate Director of Marketing 1-850-231-6583 marybeth.lovingood@joe.com

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