The St. Joe Company (JOE) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order at 9:00 A.M. Central, with agenda and conduct rules provided to attendees.

• Board members introduced, including those present in person and via video.

• Quorum established with over 52 million shares represented.

• Emphasis on a consistent business strategy focused on expanding recurring income properties and developing scalable residential communities.

Board and executive committee updates

• Six directors, including the CEO, stood for re-election for a one-year term.

• Inspector of Elections James Hagan announced his retirement after 17 years of service.

• Multi-faceted capital allocation strategy balancing growth expenditures, stock repurchases, and debt reduction.

• $2.2 billion in total capital allocation since 2015, with $1.4 billion for capital expenditures and $659 million for stock repurchases.

• 798,622 shares repurchased for $40 million in 2025; 390,437 shares repurchased for $25.8 million YTD in 2026.

Shareholder proposals

• Three proposals: election of directors, ratification of Grant Thornton as auditor, and advisory approval of executive compensation.

• No shareholder proposals or director nominations were filed in advance.