**Stratus Properties Inc. Amends Loan Agreement for The Saint June Project** Stratus Properties Inc. announced that its 34.13%-owned subsidiary, The Saint June, L.P., has entered into an amendment to its existing construction loan agreement with Texas Capital Bank and other lenders. The amendment, effective September 30, 2025, modifies the original loan agreement signed in June 2021, which financed the development of The Saint June, a 182-unit luxury apartment complex in Austin, Texas. Following the completion of construction in late 2023, Stratus' loan guaranty has been adjusted from full to a 50% repayment guaranty, remaining in place for the duration of the loan. The interest on the loan is set at the one-month Term Secured Overnight Financing Rate plus 2.00%, with a minimum rate of 3.50%. Additionally, the amendment allows for up to $3 million in distributions to partners between September 1, 2025, and September 30, 2027, before repayment of operating loans. Proceeds from the most recent $1.5 million loan draw will be used to establish reserves and make cash distributions to partners.