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Douglas Emmett Inc

For the period ended Mar 31, 2024. Filed May 10, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 10, 2024

DEI$10.38+2.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Forward Looking Statements

This Report contains forward-looking statements within the meaning of the Section 27A of the Securities Act and Section 21E of the Exchange Act. You can find many (but not all) of these statements by looking for words such as “believe”, “expect”, “anticipate”, “estimate”, “approximate”, “intend”, “plan”, “would”, “could”, “may”, “future” or other similar expressions in this Report. We claim the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995. We caution investors that any forward-looking statements used in this Report, or those that we make orally or in writing from time to time, are based on our beliefs and assumptions, as well as information currently available to us. Actual outcomes will be affected by known and unknown risks, trends, uncertainties and factors beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will inevitably prove to be incorrect. As a result, our future results can be expected to differ from our expectations, and those differences may be material. Accordingly, investors should use caution when relying on previously reported forward-looking statements, which were based on results and trends at the time they were made, to anticipate future results or trends. Some of the risks and uncertainties that could cause our actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements include the following:

adverse economic, political or real estate developments affecting Southern California or Honolulu, Hawaii;

competition from other real estate investors in our markets;

decreasing rental rates or increasing tenant incentive and vacancy rates;

reduced demand for office space, including as a result of remote work and flexible working arrangements that allow work from remote locations other than the employer’s office premises;

defaults on, early terminations of, or non-renewal of leases by tenants;

increases in interest rates;

increases in operating costs, including due to inflation;

insufficient cash flows to service our outstanding debt or pay rent on ground leases;

difficulties in raising capital;

inability to liquidate real estate or other investments quickly;

adverse changes to rent control laws and regulations;

environmental uncertainties;

natural disasters;

fire and other property damage;

insufficient insurance, or increases in insurance costs;

inability to successfully expand into new markets and submarkets;

difficulties in identifying properties to acquire and failure to complete acquisitions successfully;

failure to successfully operate acquired properties;

risks associated with property development;

risks associated with JVs;

conflicts of interest with our officers and reliance on key personnel;

changes in zoning and other land use laws;

adverse results of litigation or governmental proceedings;

failure to comply with laws, regulations and covenants that are applicable to our business;

possible terrorist attacks or wars;

possible cyber attacks or intrusions;

adverse changes to accounting rules;

weaknesses in our internal controls over financial reporting;

failure to maintain our REIT status under federal tax laws; and

adverse changes to tax laws, including those related to property taxes.

For further discussion of these and other risk factors see Item 1A. "Risk Factors” in our 2023 Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and Item 1A. "Risk Factors" in this Report. This Report and all subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. We do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances after the date of this Report.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.