Sunrise Company

More than 40 years ago, Sunrise Company began developing master-planned, golf-course communities in the Palm Springs, California desert, resort
area. Today, Sunrise Company is one of the nation’s most respected residential and country club community developers. Sunrise Company’s record of
achievement includes the establishment of Indian Ridge, home of the Bob Hope Chrysler Classic, and co-developer of PGA West, the Western Home
of American Golf, which hosted The Skins Game and The Grand Slam of Golf. In addition to its 13 resort communities, the Company has constructed
over 14,000 homes, built two resort hotels and developed numerous office buildings, shopping centers and commercial hotels. Sunrise Company is
continually pursuing new opportunities in the country’s fastest growing markets.

In November of 1999, Sunrise Company received one of the highest industry accolades, the 2000 National Housing Quality Silver Award for
Commitment to Quality for the Indian Ridge Country Club in Palm Desert.

Sunrise Company’s corporate culture and its adherence to the “Twelve Steps to Success in the Community Development Business” have been major
factors in its continued dominance of one of the most competitive resort community markets in the United States. The industry experience and
longevity of service of the senior management, who average 15 years with the company, are some of Sunrise Company’s most valued assets. “The
Prerequisites” are an important component of the Sunrise Company corporate culture, which has cultivated such an outstanding and loyal team.