PRICE DISTRIBUTION THE RECOMMENDED PRICING SUGGESTS THE MAJORITY OF PRODUCT (68%) WOULD BE CONCENTRATED BETWEEN $1 MILLION AND $2 MILLION (IN 2022 $) ► Only 10% of the product at Cotino™, a Storyliving by Disney™ community, would be priced above $3 Million; with less than 10% priced below $1 Million ► Lowest density and most expensive product is absorbed in the early phases, while condo product takes a few more years to absorb than single-family product. Distribution by Price ($2022) 350 300 >$3.0M 184 10% $2.0M-$3.0M 310 16% $1.0M - $1.5M 812 42% $1.5M-$2.0M 508 26% <$1.0M 118 6% 250 200 150 100 50 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 >$3.0M $2.0M-$3.0M $1.5M-$2.0M $1.0M - $1.5M <$1.0M Absorption Schedule by Product Type ($2022) Note: Absorption is constrained after 2026 based on remaining inventory for each product type. DPEP | Cotino™, a Storyliving by Disney™ Community | Rancho Mirage, California Source: RCLCO R1-12149.06 | March 25, 2022 | 10