The St. Joe Company (NYSE:JOE) ("St. Joe") is proud to announce that IHG Hotels & Resorts ("IHG") has recognized Hotel Indigo Panama City Marina ("Hotel Indigo") with its coveted Torchbearer Award. This award is the most prestigious honor bestowed by IHG, which includes 19 hotel brands and more than 6,000 hotels globally. The Torchbearer Award recognizes hotels that achieve the highest levels of excellence in guest experience, including exceptional customer service scores, cleanliness, and for loyalty member recognition.

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Hotel Indigo Panama City Marina in Panama City, Florida

"This recognition is a testament to our best-in-class team that works so hard for our guests, day-in and day-out, making sure that every stay is memorable," said Ethan Register, the hotel's General Manager. "An award like this is not the result of a single act, but rather the meticulous attention to every detail of each guest's unique experience when they choose to stay with us. I could not be prouder of the team for this accomplishment."

Opened in June 2023, the 124-room Hotel Indigo is one of 12 hotels and resorts in St. Joe and its affiliates' portfolio of assets. The five-story hotel offers sweeping views of St. Andrews Bay and a walkable location convenient to the many locally owned restaurants, bars and businesses—including Harrison's Kitchen and Bar, also a part of St. Joe and its affiliates' portfolio of assets. This is not the first time Hotel Indigo has been recognized among IHG hotels. In March 2025, the hotel was named "IHG Newcomer of the Year" after its first full year in operation.

"These awards elevate what guests expect when they book a stay with us," continued Register. "Our team is committed to raising the bar to continue to exceed those expectations."

Hotel Indigo properties are designed to be as individual as their surroundings and reflect the local culture of their communities. At Hotel Indigo Panama City Marina guests enjoy two on-site restaurants: Tarpon's, offering a delicious Southern twist on coastal fare for breakfast and dinner with indoor and outdoor seating providing water views, and Steam on 5, the open-air fifth-floor dining venue serving elevated small plates alongside thoughtfully curated craft cocktails with breathtaking sunset views of St. Andrews Bay.

Hotel Indigo Panama City Marina is located at 7 Harrison Ave., Panama City, Florida. Visit www.hotelindigo.com/panamacityfl for more information.

About The St. Joe Company

The St. Joe Company ("Company") is a diversified 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 and 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 St. Joe can be found on its website at www.joe.com.

©2026 The St Joe Company. "St. Joe^®", "JOE^®", the "Taking Flight" Design^®, "St. Joe (and Taking Flight Design,)^®" are registered service marks of The St. Joe Company. The properties referenced herein are independently owned and operated by an affiliate of The St. Joe Company.

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St. Joe Investor Relations Contact:

Marek Bakun

Chief Financial Officer

1-866-417-7132

marek.bakun@joe.com

St. Joe Media Relations Contact:

Mary Beth Lovingood

Corporate Director of Marketing

850-231-6583

marybeth.lovingood@joe.com

IHG Hotels & Resorts Recognizes Hotel Indigo Panama City Marina With Coveted "Torchbearer Award"