Federated Hermes, Inc. Agrees To Acquire A Majority Interest In Fcp Fund Manager, L.P., A Privately Held Real Estate Investment Manager With Client Assets Of $3.8 Billion As Of June 30, 2025

Federated Hermes Inc FHI:

• FEDERATED HERMES, INC. AGREES TO ACQUIRE A MAJORITY INTEREST IN FCP FUND MANAGER, L.P., A PRIVATELY HELD REAL ESTATE INVESTMENT MANAGER WITH CLIENT ASSETS OF $3.8 BILLION AS OF JUNE 30, 2025

• FEDERATED HERMES INC - PURCHASE PRICE UP TO $331 MILLION INCLUDING $215.8 MILLION CASH

• FEDERATED HERMES INC - TO BUY 80% OF FCP FUND MANAGER