Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On January 20, 2022, Erik Higgins, Chief Financial Officer and Vice President of Five Point Holdings, LLC (the "Company"), provided notice of his intent to resign from the Company. Mr. Higgins will remain as Chief Financial Officer and Vice President through the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and has agreed to assist the Company in the transition of his responsibilities to his successor. Mr. Higgins' resignation is not a result of any disagreement with the Company on any matter relating to the Company's financial reporting or operations, policies or practices. The Company intends to commence a search process to identify Mr. Higgins' successor. Upon the effective date of Mr. Higgins' resignation, Leo Kij, Vice President and Corporate Controller of the Company, will serve as the Company's interim Chief Financial Officer until Mr. Higgins' successor is appointed.

Mr. Kij, 57, has served as Vice President and Corporate Controller of the Company since 2016. From 2009 to 2016, he served as Controller of the Company's subsidiary, Five Point Communities Management, Inc.

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