Disclaimer

This website and the information contained herein (collectively referred to as "the Website") are being made available to all shareholders of Stratus Properties Inc. ("Stratus Properties"). Oasis Management Company Ltd. ("Oasis") is the investment manager of private funds (the “Oasis Funds”) that own shares in Stratus Properties. Oasis has created the Website to enable visitors to carefully monitor how sincerely the board of directors and management of Stratus Properties address our concerns, listen to shareholders’ views and endeavor to increase the value of Stratus Properties shares in the best interest of all shareholders.

The Website was created solely for the purpose mentioned above. Oasis is not and should not be regarded or deemed in any way whatsoever to be (i) soliciting or requesting other shareholders of Stratus Properties to exercise their shareholders’ rights (including, but not limited to, voting rights) jointly or together with Oasis, (ii) making an offer, a solicitation of an offer, or any advice, invitation or inducement to enter into or conclude any transaction or (iii) any advice, invitation or inducement to take or refrain from taking any other course of action (whether on the terms shown therein or otherwise).   Further, the Website does not recommend the purchase or sale of any security nor is it an offer to sell or a solicitation of an offer to buy any security. Nothing on the Website is intended to be, nor should it be construed or used as, investment, tax or legal advice.  No representation or warranty is made that Oasis's investment process or investment objectives will or are likely to be achieved or successful or that Oasis's investments will make any profit or will not sustain losses. Past performance is not indicative of future results.

The Website exclusively represents the opinions, interpretations and estimates of Oasis in relation to Stratus's business and governance structure. Oasis is expressing such opinions, etc. solely in its capacity as an investment adviser of the Oasis Funds.

The information contained herein is derived from publicly available information deemed by Oasis to be reliable. The information herein may contain forward-looking statements which can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as “may,” “will,” “expects,” “believes,” “anticipates,” “plans,” “estimates,” “projects,” “targets,” “forecasts,” “seeks,” “could” or the negative of such terms or other variations on such terms or comparable terminology. Similarly, statements that describe Oasis’s objectives, plans or goals are forward-looking. Any forward-looking statements are based on Oasis’s current intent, subjective belief, expectations, estimates and projections. These statements are not guarantees of future performance and are subject to change due to a variety of factors, including fluctuating market conditions and economic factors, and involve risks, uncertainties, assumptions and other factors that are difficult to predict or quantify, are beyond Oasis's control and that could cause actual results to differ materially.  Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and actual results may vary materially from what is expressed in or indicated by the forward-looking statements.

Oasis has neither sought nor obtained the consent from any third party to use any statements or information contained herein that have been obtained or derived from statements made or published by such third parties. Any such statements or information should not be viewed as indicating the support of such third parties for the views expressed herein.

While Oasis believes that reasonable efforts have been made to ensure the accuracy of the information contained in the Website, Oasis makes no representation or warranty, expressed or implied, as to the accuracy, completeness or reliability of such information. Oasis expressly disclaims any responsibility or liability for any loss howsoever arising from any use of or reliance on any of the information contained in the Website or any of their contents as a whole or in part by any person, or otherwise howsoever arising in connection with the same. Oasis is not under any obligation to provide any updated or additional information or to correct any inaccuracies in the information contained herein.

All registered or unregistered service marks, trademarks and trade names referred to on the Website are the property of their respective owners, and Oasis's use herein does not imply an affiliation with, or endorsement by, the owners of these service marks, trademarks and trade names or the goods and services sold or offered by such owners.