Armada Hoffler appoints Shawn J. Tibbetts as Chairman of the Board, effective January 1, 2026, completing planned succession changes. Tibbetts, also President and CEO, brings over 20 years of leadership experience. Board sees combining Chairman and CEO roles as providing unified direction and enhancing efficiency. Lou Haddad, current Executive Chairman, will step down as Chairman but remain on the Board for institutional knowledge. Armada Hoffler, a real estate investment trust, focuses on developing, managing, and acquiring properties in the Mid-Atlantic and Southeastern United States. Forward-looking statements caution on potential risks and uncertainties.

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