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The St. Joe Company Releases the Fall/Winter Issue of “Watersound LifestyleSM,” the Watersound Club® Member Magazine

The St. Joe Company (NYSE: JOE) (“St. Joe”) is releasing the fall/winter 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 enjoy learning more about the culinary treats available to them in the new Camp Creek Inn, get to know notable Watersound Club Member, restauranteur, and environmentalist Dave Rauschkolb better, and hear from some familiar Watersound Club employees who work to make the Watersound Club experience special for members. The fall/winter issue also takes a closer look at the partnership that’s bringing a new medical campus to Northwest Florida and shines a spotlight on the new Camp Creek wellness center that offers Watersound Club members a place to both hone their physical fitness and enjoy a healthy dose of rest and relaxation.

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, 2022 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. On a regular basis, the Company releases a video showing progress on projects in development or under construction. See https://www.joe.com/video-gallery for more information.

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 www.watersoundclub.com.

©2023 The St Joe Company. All Rights Reserved. “St. Joe®”, “JOE®”, the “Taking Flight” Design®, “St. Joe (and Taking Flight Design) ®, “Watersound®”, “Watersound LifestyleSMand “Watersound Club®are service marks of The St. Joe Company or its affiliates.

Contacts

St. Joe Investor Relations Contact:

Marek Bakun

Chief Financial Officer

1-866-417-7132

marek.bakun@joe.com

St. Joe Media Relations Contact:

David Demarest

Director of Public Relations

1-850-213-5137

david.demarest@stjoe.com

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