On May 28, 2019, James H. Dahl sent a letter to Maria M. Pope, a director of Pope Resources, A Delaware Limited Partnership, (i) announcing his strong support for an unsolicited proposal by REIT to acquire the Company in a tax efficient transaction that would value the units at more than $100 per unit, (ii) publicly imploring the Board of Directors and the general partners of the Company to immediately engage with any and all interested acquirers, and (iii) encouraging other unit holders to express their views to the Board of Directors and general partners of the Company.