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} @font-face { font-family: GothamHTF-Bold_13o_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GothamHTF-Bold_13o_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GothamHTF-Book_13l_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GothamHTF-Book_13l_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-ExtraBol_13v_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-ExtraBol_13v_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-RegularI_13i_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-RegularI_13i_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } LANDMARK CENTURY CITY CENTURY CITY CONCIERGE HOSPITALITY / SOUGHT-AFTER AMENITIES OUR PARTNERSHIP, YOUR ADVANTAGE / 2121AOS.COM ©2026 Irvine Management Company. All Rights Reserved. All properties are offered for lease through Irvine Management Company, a licensed real estate broker, CA DRE Lic #02041810. The information in these materials has been obtained from various sources. While we believe the information to be reliable, Irvine Management Company (“IMC”) makes no representation or warranty as to the accuracy or completeness of such data and it should be independently verified by prospective tenants. The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of IMC or its members or affiliates. All renderings and pictures shown are for information and illustration purposes only and are subject to change. May not show final material and finishes. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of IMC. Individual experience may vary. The Sunwave, Irvine Company, Success Works Here and Flex+ are registered trademarks of Irvine Management Company. How do you design a workplace that’s a destination? At Irvine Company, we think holistically about an employee’s daily experience. What was their commute like? Where did they get their morning coffee? How often can they get outside to enjoy fresh air? Will the space inspire them to do their best work? Are they able to exercise or run an errand during the day? These questions shape our understanding of how a space is used and how needs are met. It’s a holistic approach to workplace strategy that takes into account location, design, flexibility and innovation. This issue, we’re diving deep into workplace strategy, pairing industry thought leaders from Gensler, Hendy, UC Irvine and more alongside Irvine Company experts. The result is a unique, side-by-side perspective into the complex factors that transform a place into a destination. From rethinking office design for today’s workforce to leveraging AI, we hope you’ll be inspired to imagine new possibilities for your space and teams. ROGER DeWAMES President, Irvine Company Office Properties A NOTE FROM OUR PRESIDENT Te Workplace Strategy Issue LOS ANGELES 3

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} @font-face { font-family: GothamHTF-Bold_13o_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GothamHTF-Bold_13o_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GothamHTF-Book_13l_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GothamHTF-Book_13l_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-ExtraBol_13v_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-ExtraBol_13v_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-RegularI_13i_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-RegularI_13i_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } LANDMARK CENTURY CITY CENTURY CITY CONCIERGE HOSPITALITY / SOUGHT-AFTER AMENITIES OUR PARTNERSHIP, YOUR ADVANTAGE / 2121AOS.COM ©2026 Irvine Management Company. All Rights Reserved. All properties are offered for lease through Irvine Management Company, a licensed real estate broker, CA DRE Lic #02041810. The information in these materials has been obtained from various sources. While we believe the information to be reliable, Irvine Management Company (“IMC”) makes no representation or warranty as to the accuracy or completeness of such data and it should be independently verified by prospective tenants. The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of IMC or its members or affiliates. All renderings and pictures shown are for information and illustration purposes only and are subject to change. May not show final material and finishes. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of IMC. Individual experience may vary. The Sunwave, Irvine Company, Success Works Here and Flex+ are registered trademarks of Irvine Management Company. How do you design a workplace that’s a destination? At Irvine Company, we think holistically about an employee’s daily experience. What was their commute like? Where did they get their morning coffee? How often can they get outside to enjoy fresh air? Will the space inspire them to do their best work? Are they able to exercise or run an errand during the day? These questions shape our understanding of how a space is used and how needs are met. It’s a holistic approach to workplace strategy that takes into account location, design, flexibility and innovation. This issue, we’re diving deep into workplace strategy, pairing industry thought leaders from Gensler, Hendy, UC Irvine and more alongside Irvine Company experts. The result is a unique, side-by-side perspective into the complex factors that transform a place into a destination. From rethinking office design for today’s workforce to leveraging AI, we hope you’ll be inspired to imagine new possibilities for your space and teams. ROGER DeWAMES President, Irvine Company Office Properties A NOTE FROM OUR PRESIDENT Te Workplace Strategy Issue LOS ANGELES 3

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Business, Big Impact SMB consultant Michelle Chuang on using the office to project growth readiness to investors Fast and Flexible How flexible office space is powering the growth of San Diego-based AI company Cadre AI 8 12 12 14 18 18 4 5

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Business, Big Impact SMB consultant Michelle Chuang on using the office to project growth readiness to investors Fast and Flexible How flexible office space is powering the growth of San Diego-based AI company Cadre AI 8 12 12 14 18 18 4 5

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From being an innovation incubator to signaling brand prestige, the right workplace will continue to be a powerful driver for business success in 2026 and beyond. PEOPLE-CENTRIC DESIGN TAKES CENTER STAGE The days of back-to-back video calls in phone booths are over. Employees are pushing back on siloed work experiences and opting for in-person interactions that drive connection, creativity and belonging. Companies must offer a variety of inspiring, inviting spaces for teams to do their best work together. Page 12 LIVE, WORK & PLAY COMMUNITIES BECOME A TALENT RECRUITMENT TOOL To attract top talent, businesses are prioritizing an exceptional employee experience and a seamless workday. The ideal location for this? A workplace in a community where work, life and play come together. Page 14 PREMIUM OFFICE SPACE IS A TRUST CUE Perception matters, especially for small businesses that want to be taken seriously. They’re forgoing subleases, skipping unappealing locations and opting for spaces that showcase their ambitious vision. By leveraging solutions like Irvine Company’s Flex+, small businesses can build brand prestige with flexible lease terms. Page 16 AI CREATES NEW POSSIBILITIES FOR THE OFFICE Generative AI will be increasingly embedded in daily workflows, helping employees leverage new ways of automating, predicting and decision-making. But the biggest shifts are still to come. Page 28 8 9

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From being an innovation incubator to signaling brand prestige, the right workplace will continue to be a powerful driver for business success in 2026 and beyond. PEOPLE-CENTRIC DESIGN TAKES CENTER STAGE The days of back-to-back video calls in phone booths are over. Employees are pushing back on siloed work experiences and opting for in-person interactions that drive connection, creativity and belonging. Companies must offer a variety of inspiring, inviting spaces for teams to do their best work together. Page 12 LIVE, WORK & PLAY COMMUNITIES BECOME A TALENT RECRUITMENT TOOL To attract top talent, businesses are prioritizing an exceptional employee experience and a seamless workday. The ideal location for this? A workplace in a community where work, life and play come together. Page 14 PREMIUM OFFICE SPACE IS A TRUST CUE Perception matters, especially for small businesses that want to be taken seriously. They’re forgoing subleases, skipping unappealing locations and opting for spaces that showcase their ambitious vision. By leveraging solutions like Irvine Company’s Flex+, small businesses can build brand prestige with flexible lease terms. Page 16 AI CREATES NEW POSSIBILITIES FOR THE OFFICE Generative AI will be increasingly embedded in daily workflows, helping employees leverage new ways of automating, predicting and decision-making. But the biggest shifts are still to come. Page 28 8 9

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url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-ExtraBol_13v_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } Guest Author: Jaimelynn Shah, Principal, Design Director, Gensler Irvine Company Spotlight: Live, Work, Play Communities Guest Author: Anna Alm-Grayhek, Principal & Director of Workplace Strategy, Hendy Irvine Company Spotlight: Boot Barn at Spectrum Terrace Guest Author: Michelle Chuang, Principal, BEONY Irvine Company Spotlight: Cadre AI at Gateway at Torrey Hills Guest Author: Vijay Gurbaxani, Director, Center for Digital Transformation, Universit of California Irvine Irvine Company Spotlight: Te Possibilit Mindset At Irvine Company, we often say that your workplace should be a tool for business success, but what does this really mean? We’ve identified four key dimensions — location, design, agility and innovation — that can have a powerful impact on your company. We invite you to explore the four dimensions of workplace strategy through the lens of A new framework for thinking about how your workplace drives business success. industry-leading guest authors, Irvine Company customers and our own internal experts. As a vertically integrated company, we’re uniquely positioned to do the deep thinking and long-term planning necessary to deliver a seamless workday experience today, tomorrow and beyond. We’re proud to put this expertise to work for you. LOCATION AGILITY DESIGN INNOVATION THE WORKPLACE DESIGNED FOR THE NEXT GENERATION OF INNOVATORS Office, R&D and Lab Space, Plus Move-in Ready Suites | 3K - 63K SF McCarthyOffice.com FOUR DIMENSIONS OF WORKPLACE STRATEGY SILICON VALLEY 11

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src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine-B_13f_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GTSectraFine-R_13b_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine-R_13b_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GTSectraFine_13b_bv-40a9c349-_1; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine_13b_bv-40a9c349-_1.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GTSectraFine_13b_bv-40a9c349-_4; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine_13b_bv-40a9c349-_4.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Gotham-Book_13w_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Gotham-Book_13w_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-ExtraBol_13v_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-ExtraBol_13v_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } Guest Author: Jaimelynn Shah, Principal, Design Director, Gensler Irvine Company Spotlight: Live, Work, Play Communities Guest Author: Anna Alm-Grayhek, Principal & Director of Workplace Strategy, Hendy Irvine Company Spotlight: Boot Barn at Spectrum Terrace Guest Author: Michelle Chuang, Principal, BEONY Irvine Company Spotlight: Cadre AI at Gateway at Torrey Hills Guest Author: Vijay Gurbaxani, Director, Center for Digital Transformation, Universit of California Irvine Irvine Company Spotlight: Te Possibilit Mindset At Irvine Company, we often say that your workplace should be a tool for business success, but what does this really mean? We’ve identified four key dimensions — location, design, agility and innovation — that can have a powerful impact on your company. We invite you to explore the four dimensions of workplace strategy through the lens of A new framework for thinking about how your workplace drives business success. industry-leading guest authors, Irvine Company customers and our own internal experts. As a vertically integrated company, we’re uniquely positioned to do the deep thinking and long-term planning necessary to deliver a seamless workday experience today, tomorrow and beyond. We’re proud to put this expertise to work for you. LOCATION AGILITY DESIGN INNOVATION THE WORKPLACE DESIGNED FOR THE NEXT GENERATION OF INNOVATORS Office, R&D and Lab Space, Plus Move-in Ready Suites | 3K - 63K SF McCarthyOffice.com FOUR DIMENSIONS OF WORKPLACE STRATEGY SILICON VALLEY 11

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workplace landscape, the office is no longer defined by square footage alone — it is defined by place. Where a workplace is located, and the ecosystem that surrounds it, shapes employee experience, organizational culture and long-term business performance. For landlords, this means offering more than just office space. It means positioning buildings as part of a larger performance engine for the organizations they serve. The right workplace elevates the office from a backdrop into a strategic advantage, one that drives loyalty, growth and lasting impact. ATTRACTING, ENGAGING AND RETAINING TOP TALENT A workplace’s location directly influences how talent perceives a potential employer as well as how they feel and perform once they are there. Gensler’s 2025 Global Workplace Survey found that employees with greater choice and flexibility in where and how they work are 2.5 times more likely to report higher productivity and far more likely to stay with their organization. Prime locations with access to transit, dining and childcare offer convenience while gyms and green spaces give employees natural ways to recharge, fueling energy and creativity. Vibrant neighborhoods are an extension of the workplace itself and a magnet for top talent. STRENGTHENING BRAND & CLIENT PERCEPTION A company’s location communicates its identity, and design can amplify that message. When workplace design responds to the local flair, culture and character of its surroundings, it creates a stronger sense of belonging, helping employees feel more connected not just to their organization but also to the community itself. For clients and visitors, this connection reinforces authenticity and makes the office a more meaningful destination. As Gensler’s thought leadership emphasizes, place becomes a visible embodiment of culture and values, sending a clear message both inside and outside the organization. EXTENDING THE WORKPLACE FOOTPRINT The modern office extends beyond its four walls. Neighborhood cafes, outdoor plazas and cultural amenities act as an extended footprint of the workplace, offering employees multiple settings to focus, collaborate and recharge. Gensler’s research frames the best workplaces as ecosystems of spaces, both inside and outside the building that support the full spectrum of how people work today. ENHANCING WELLNESS AND QUALITY OF LIFE Well-being is a top priority for employees and the right location plays a vital role. Access to natural light, walkable streets and nearby wellness amenities directly improve satisfaction. According to Gensler’s research, employees in supportive environments are significantly more engaged and loyal — proof that places are a foundation for wellness and long-term success. The power of place has never been more evident. As organizations compete for talent, strive to unlock innovation and strengthen culture, office buildings are much more than their square footage. They’re ecosystems that extend into the surrounding neighborhood, becoming a catalyst for growth, resilience and lasting impact. Te Power of Place Te Power of Place THE FUTURE OF WORK WILL BE DEFINED BY THOSE WHO RECOGNIZE THAT PLACE IS NOT SIMPLY AN ADDRESS BUT A CATALYST FOR GROWTH, RESILIENCE AND LASTING IMPACT. Jaimelynn Shah is a Design Director within Gensler’s Workplace practice and serves as the Practice Area Community Leader for the firm’s Southwest region. With over 20 years of experience, Shah has built an impressive portfolio of award-winning projects driven by her passion for creating spaces that authentically reflect her clients’ vision and aspirations. 12

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workplace landscape, the office is no longer defined by square footage alone — it is defined by place. Where a workplace is located, and the ecosystem that surrounds it, shapes employee experience, organizational culture and long-term business performance. For landlords, this means offering more than just office space. It means positioning buildings as part of a larger performance engine for the organizations they serve. The right workplace elevates the office from a backdrop into a strategic advantage, one that drives loyalty, growth and lasting impact. ATTRACTING, ENGAGING AND RETAINING TOP TALENT A workplace’s location directly influences how talent perceives a potential employer as well as how they feel and perform once they are there. Gensler’s 2025 Global Workplace Survey found that employees with greater choice and flexibility in where and how they work are 2.5 times more likely to report higher productivity and far more likely to stay with their organization. Prime locations with access to transit, dining and childcare offer convenience while gyms and green spaces give employees natural ways to recharge, fueling energy and creativity. Vibrant neighborhoods are an extension of the workplace itself and a magnet for top talent. STRENGTHENING BRAND & CLIENT PERCEPTION A company’s location communicates its identity, and design can amplify that message. When workplace design responds to the local flair, culture and character of its surroundings, it creates a stronger sense of belonging, helping employees feel more connected not just to their organization but also to the community itself. For clients and visitors, this connection reinforces authenticity and makes the office a more meaningful destination. As Gensler’s thought leadership emphasizes, place becomes a visible embodiment of culture and values, sending a clear message both inside and outside the organization. EXTENDING THE WORKPLACE FOOTPRINT The modern office extends beyond its four walls. Neighborhood cafes, outdoor plazas and cultural amenities act as an extended footprint of the workplace, offering employees multiple settings to focus, collaborate and recharge. Gensler’s research frames the best workplaces as ecosystems of spaces, both inside and outside the building that support the full spectrum of how people work today. ENHANCING WELLNESS AND QUALITY OF LIFE Well-being is a top priority for employees and the right location plays a vital role. Access to natural light, walkable streets and nearby wellness amenities directly improve satisfaction. According to Gensler’s research, employees in supportive environments are significantly more engaged and loyal — proof that places are a foundation for wellness and long-term success. The power of place has never been more evident. As organizations compete for talent, strive to unlock innovation and strengthen culture, office buildings are much more than their square footage. They’re ecosystems that extend into the surrounding neighborhood, becoming a catalyst for growth, resilience and lasting impact. Te Power of Place Te Power of Place THE FUTURE OF WORK WILL BE DEFINED BY THOSE WHO RECOGNIZE THAT PLACE IS NOT SIMPLY AN ADDRESS BUT A CATALYST FOR GROWTH, RESILIENCE AND LASTING IMPACT. Jaimelynn Shah is a Design Director within Gensler’s Workplace practice and serves as the Practice Area Community Leader for the firm’s Southwest region. With over 20 years of experience, Shah has built an impressive portfolio of award-winning projects driven by her passion for creating spaces that authentically reflect her clients’ vision and aspirations. 12

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url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine-B_13t_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GTSectraFine_13f_bv-40a9c349-_1; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine_13f_bv-40a9c349-_1.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } FROM SAN DIEGO, IRVINE AND SILICON VALLEY, IRVINE COMPANY BRINGS SOUGHT-AFTER LIVE, WORK, PLAY COMMUNITIES TO LIFE. INTEGRATED magine starting your day with an outdoor yoga class under wide, leafy trees. After class, you walk the short distance to work, picking up a healthy breakfast along the way. You pop out midday to run a quick errand at a nearby store or grab a coffee while taking a walk with a colleague. When work wraps up, it’s your turn to host the team happy hour at your favorite restaurant. Everything is just minutes away — all made possible by an integrated live, work and play community. For over 160 years, Irvine Company has created communities in Orange County that blend retail, residential and offices together with open space. The knowledge and expertise gained through developing the Irvine Ranch continues to guide the company’s forward momentum. No matter the location, the goal is always the same: create environments that reflect their surroundings while supporting the rhythms of modern life. “People are hungry for places that offer an integrated lifestyle,” says Rob Elliott, Senior Vice President, Planning and Design. “We're proud to build on our legacy of exceptional live, work, play communities across Coastal California.” The Market Place in Irvine reflects both its physical location and community needs. It blends the spirit of a close-knit neighborhood with the energy of experience-driven retail and modern workplaces for the ultimate in convenience and variety. Seamless connectivity to nearby parks and trails allows for a walkable, bikeable lifestyle. Also in Irvine is Discovery Park, a 123-acre workplace campus that will soon have 1,800 brand new apartment homes, a 3-acre central park and 5,000 SF restaurant. Discovery People are hungry for places that offer an integrated lifestyle. We're proud to build on our legacy of exceptional live, work, play communities across Coastal California. ” Rob Elliot Senior Vice President, Planning & Design “ Park connects to 21 miles of Mountains to Sea biking and walking trails, plus nearby retail at Irvine Spectrum Center and Sand Canyon Plaza. The community is ideal for professionals who want the energy of a dynamic city center without sacrificing the restorative calm of home. “We’re creating a haven of tranquility in the vibrant heart of Irvine Spectrum that brings housing, jobs and open space together,” says Elliott. In Silicon Valley, Santa Clara Square offers something similar, blending retail, apartments and office space, although this development has a decidedly NorCal sensibility that complements its surroundings. Tall redwoods shade outdoor firepits where up-and-coming tech talent gathers in the evenings. The pedestrian- friendly roads and pathways encourage walking and biking. One of the fitness centers even boasts a hydrotherapy massage room. Santa Clara Square began in 2013 when Irvine Company acquired aging, low-rise office parks along Highway 101 and began envisioning a different future. Today, the 100-acre site has been transformed into a dynamic community with 1,800 LOCATION // Irvine Company Spotlight apartment homes, 28 stores and restaurants and 1.7M SF of premium office space and amenities, including two fitness centers, multiple sports courts, outdoor workspace and direct access to the San Tomas Aquino/Saratoga Creek Trail. “Santa Clara Square shows how a campus can be more than just a place to work. It’s a desirable destination, drawing professionals to a live, work and play center,” said Elliott. A similar magic is at work in La Jolla UTC, San Diego’s fast- growing life science and tech innovation hub. The Plaza, La Jolla UTC’s most centrally-located workplace, will be transformed with the addition of 552 luxury apartment homes, a pool and dog park for residents and outdoor spaces linked by walking paths. The Plaza is ideally located to take advantage of the new trolley line and other transit connections, in addition to pedestrian access to sought-after dining, retail and entertainment at Westfield UTC. From curating the perfect mix of retail to creating a connected, integrated lifestyle, Irvine Company understands the components that make these communities such compelling destinations. FOR WORK AND LIFE FOR WORK AND LIFE 14

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INTEGRATED magine starting your day with an outdoor yoga class under wide, leafy trees. After class, you walk the short distance to work, picking up a healthy breakfast along the way. You pop out midday to run a quick errand at a nearby store or grab a coffee while taking a walk with a colleague. When work wraps up, it’s your turn to host the team happy hour at your favorite restaurant. Everything is just minutes away — all made possible by an integrated live, work and play community. For over 160 years, Irvine Company has created communities in Orange County that blend retail, residential and offices together with open space. The knowledge and expertise gained through developing the Irvine Ranch continues to guide the company’s forward momentum. No matter the location, the goal is always the same: create environments that reflect their surroundings while supporting the rhythms of modern life. “People are hungry for places that offer an integrated lifestyle,” says Rob Elliott, Senior Vice President, Planning and Design. “We're proud to build on our legacy of exceptional live, work, play communities across Coastal California.” The Market Place in Irvine reflects both its physical location and community needs. It blends the spirit of a close-knit neighborhood with the energy of experience-driven retail and modern workplaces for the ultimate in convenience and variety. Seamless connectivity to nearby parks and trails allows for a walkable, bikeable lifestyle. Also in Irvine is Discovery Park, a 123-acre workplace campus that will soon have 1,800 brand new apartment homes, a 3-acre central park and 5,000 SF restaurant. Discovery People are hungry for places that offer an integrated lifestyle. We're proud to build on our legacy of exceptional live, work, play communities across Coastal California. ” Rob Elliot Senior Vice President, Planning & Design “ Park connects to 21 miles of Mountains to Sea biking and walking trails, plus nearby retail at Irvine Spectrum Center and Sand Canyon Plaza. The community is ideal for professionals who want the energy of a dynamic city center without sacrificing the restorative calm of home. “We’re creating a haven of tranquility in the vibrant heart of Irvine Spectrum that brings housing, jobs and open space together,” says Elliott. In Silicon Valley, Santa Clara Square offers something similar, blending retail, apartments and office space, although this development has a decidedly NorCal sensibility that complements its surroundings. Tall redwoods shade outdoor firepits where up-and-coming tech talent gathers in the evenings. The pedestrian- friendly roads and pathways encourage walking and biking. One of the fitness centers even boasts a hydrotherapy massage room. Santa Clara Square began in 2013 when Irvine Company acquired aging, low-rise office parks along Highway 101 and began envisioning a different future. Today, the 100-acre site has been transformed into a dynamic community with 1,800 LOCATION // Irvine Company Spotlight apartment homes, 28 stores and restaurants and 1.7M SF of premium office space and amenities, including two fitness centers, multiple sports courts, outdoor workspace and direct access to the San Tomas Aquino/Saratoga Creek Trail. “Santa Clara Square shows how a campus can be more than just a place to work. It’s a desirable destination, drawing professionals to a live, work and play center,” said Elliott. A similar magic is at work in La Jolla UTC, San Diego’s fast- growing life science and tech innovation hub. The Plaza, La Jolla UTC’s most centrally-located workplace, will be transformed with the addition of 552 luxury apartment homes, a pool and dog park for residents and outdoor spaces linked by walking paths. The Plaza is ideally located to take advantage of the new trolley line and other transit connections, in addition to pedestrian access to sought-after dining, retail and entertainment at Westfield UTC. From curating the perfect mix of retail to creating a connected, integrated lifestyle, Irvine Company understands the components that make these communities such compelling destinations. FOR WORK AND LIFE FOR WORK AND LIFE 14

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url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine_13b_bv-40a9c349-_2.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Bold_13m_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Bold_13m_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-RegularI_13i_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-RegularI_13i_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } AGILITY // Guest Author: Michelle Chuang, Principal, BEONY ™ For small businesses seeking investment, perception maters. VENTURE CAPITAL ISN’T ONLY ABOUT FINANCIAL MODELS — it’s about signals. Investors are constantly looking for cues that a company is on the path to become a market leader. As someone who advises small businesses every day, I tell my clients that the quality and energy of a company’s space signals it is ready for investment. Premier office space acts as what researchers call a “trust cue.” It communicates growth readiness by signaling operational stability, seriousness and a team environment capable of executing the business plan. But it goes further. A thoughtfully selected and designed office serves as a strategic extension of the brand — one that speaks volumes to investors about a company’s vision, ambition and leadership maturity. In fact, 82% of venture capitalists say a strong brand significantly influences their investment decisions, and workspace aesthetics and location directly contribute to brand perception. At the same time, small businesses must operate within tighter financial runways than larger organizations. That’s why flexibility is so important. Solutions such as beautifully, designed pre-built office space in a high-quality building allow a company to scale quickly and send investment- worthy signals without overextending resources. The design of the workspace matters as well. It plays the essential role of putting collaborative activity on full display. A space that feels alive and energetic reassures investors that they’re entering an innovation-rich ecosystem. BIG IMPACT SMALL BUSINESS, Venture capitalists are also investing in founders as much as financials, and the office can bring the founder’s story to life with a culture-rich environment designed to reflect the founder’s creativity and ambitious vision. Ultimately, the office is more than a workplace — it’s a perception amplifier. When investors walk in and feel vibrancy, professionalism and momentum, they see not just a business today, but a venture capable of tomorrow’s success. Michelle Chuang is a consultant to small- and medium-sized businesses and a seasoned professional with over 20 years of leadership experience in a diverse range of companies. Throughout her career, she has demonstrated a remarkable ability to drive growth and profitability through strategic decision-making and innovative solutions. 16 17

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url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine_13b_bv-40a9c349-_2.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Bold_13m_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Bold_13m_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-RegularI_13i_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-RegularI_13i_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } AGILITY // Guest Author: Michelle Chuang, Principal, BEONY ™ For small businesses seeking investment, perception maters. VENTURE CAPITAL ISN’T ONLY ABOUT FINANCIAL MODELS — it’s about signals. Investors are constantly looking for cues that a company is on the path to become a market leader. As someone who advises small businesses every day, I tell my clients that the quality and energy of a company’s space signals it is ready for investment. Premier office space acts as what researchers call a “trust cue.” It communicates growth readiness by signaling operational stability, seriousness and a team environment capable of executing the business plan. But it goes further. A thoughtfully selected and designed office serves as a strategic extension of the brand — one that speaks volumes to investors about a company’s vision, ambition and leadership maturity. In fact, 82% of venture capitalists say a strong brand significantly influences their investment decisions, and workspace aesthetics and location directly contribute to brand perception. At the same time, small businesses must operate within tighter financial runways than larger organizations. That’s why flexibility is so important. Solutions such as beautifully, designed pre-built office space in a high-quality building allow a company to scale quickly and send investment- worthy signals without overextending resources. The design of the workspace matters as well. It plays the essential role of putting collaborative activity on full display. A space that feels alive and energetic reassures investors that they’re entering an innovation-rich ecosystem. BIG IMPACT SMALL BUSINESS, Venture capitalists are also investing in founders as much as financials, and the office can bring the founder’s story to life with a culture-rich environment designed to reflect the founder’s creativity and ambitious vision. Ultimately, the office is more than a workplace — it’s a perception amplifier. When investors walk in and feel vibrancy, professionalism and momentum, they see not just a business today, but a venture capable of tomorrow’s success. Michelle Chuang is a consultant to small- and medium-sized businesses and a seasoned professional with over 20 years of leadership experience in a diverse range of companies. Throughout her career, she has demonstrated a remarkable ability to drive growth and profitability through strategic decision-making and innovative solutions. 16 17

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As a start- up we didn’t want to commit to a long-term lease or invest time and money into making a corporate office feel cool,” says Grayson Lafrenz, Founder and CEO of Cadre AI. “The space at Gateway at Torrey Hills was clean, crisp and bright, and I loved the energy of the place. It’s also probably the best location in San Diego where you can get anywhere in 15 minutes.” That energy has been transformative. Even though Cadre AI doesn’t require employees to come in, the team shows up drawn by the bright, modern design and the spark of working side by side. The space has also strengthened their broader community. Cadre AI is now at the heart of San Diego’s AI ecosystem, and their new workplace reflects that role. “For us as a startup, I’d forgotten how important it was to be in the office,” Lafrenz adds. “You can do a lot remotely at a large, established company. But when you’re growing fast, getting in front of a whiteboard, having spontaneous conversations, or just grabbing coffee with a teammate are huge advantages. It’s more fun, more collaborative and simply easier.” Cadre AI’s office is a catalyst for culture, an accelerator for growth, and a flexible springboard for the future. It’s proof that the right space at the right time can be a company’s greatest competitive advantage. Cadre AI is small but growing fast and being together as a team is making that possible. Irvine Company’s flexible office space keeps up with us and has a great vibe that keeps the team inspired. ” Grayson Lafrenz Founder and CEO, Cadre AI “ Irvine Company’s flexible inspired. Cadre AI’s secret for growing their business and culture ess than a year after launching, Cadre AI had already grown to more than 30 people, quickly outpacing the subleased office where they began. As an AI strategy and implementation firm in one of the fastest-moving industries, they needed a workplace that could keep up: a space that was move-in ready, flexible and designed to fuel collaboration. They found their solution in a Flex+ workspace at Gateway at Torrey Hills. With a turnkey furniture package and a short two-year lease, the Cadre team was fully operational in just two weeks. Even better, they know that as their company expands, Irvine Company will help them seamlessly move into a larger space within its expansive portfolio — no disruption, no downtime. 19 18

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GTSectraFine-B_13d_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine-B_13d_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GTSectraFine-B_13f_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine-B_13f_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GTSectraFine-B_13t_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine-B_13t_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } AGILITY // Irvine Company Spotlight “We looked at a lot of offices and none of them were right for us. As a start- up we didn’t want to commit to a long-term lease or invest time and money into making a corporate office feel cool,” says Grayson Lafrenz, Founder and CEO of Cadre AI. “The space at Gateway at Torrey Hills was clean, crisp and bright, and I loved the energy of the place. It’s also probably the best location in San Diego where you can get anywhere in 15 minutes.” That energy has been transformative. Even though Cadre AI doesn’t require employees to come in, the team shows up drawn by the bright, modern design and the spark of working side by side. The space has also strengthened their broader community. Cadre AI is now at the heart of San Diego’s AI ecosystem, and their new workplace reflects that role. “For us as a startup, I’d forgotten how important it was to be in the office,” Lafrenz adds. “You can do a lot remotely at a large, established company. But when you’re growing fast, getting in front of a whiteboard, having spontaneous conversations, or just grabbing coffee with a teammate are huge advantages. It’s more fun, more collaborative and simply easier.” Cadre AI’s office is a catalyst for culture, an accelerator for growth, and a flexible springboard for the future. It’s proof that the right space at the right time can be a company’s greatest competitive advantage. Cadre AI is small but growing fast and being together as a team is making that possible. Irvine Company’s flexible office space keeps up with us and has a great vibe that keeps the team inspired. ” Grayson Lafrenz Founder and CEO, Cadre AI “ Irvine Company’s flexible inspired. Cadre AI’s secret for growing their business and culture ess than a year after launching, Cadre AI had already grown to more than 30 people, quickly outpacing the subleased office where they began. As an AI strategy and implementation firm in one of the fastest-moving industries, they needed a workplace that could keep up: a space that was move-in ready, flexible and designed to fuel collaboration. They found their solution in a Flex+ workspace at Gateway at Torrey Hills. With a turnkey furniture package and a short two-year lease, the Cadre team was fully operational in just two weeks. Even better, they know that as their company expands, Irvine Company will help them seamlessly move into a larger space within its expansive portfolio — no disruption, no downtime. 19 18

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url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Bold_13m_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-RegularI_13i_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-RegularI_13i_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } Connecting, collaborating and building company culture cannot be replicated in a virtual world. orkplaces offer core elements of what we need as humans: purpose, belonging and community. It’s one reason why the office was never truly “dead” — and for companies that embrace a people-centric design approach, employees find that coming to the office is more than worth the commute. PEOPLE-CENTRIC DESIGN: CREATING SPACES WHERE PEOPLE WANT TO BE Much of our lives has been virtualized. Dinner, groceries, coffee orders and meetings all happen with the tap of a phone app. These conveniences removed many of the organic interactions we traditionally had with others and eliminated moments of vital connection. The office can play an important role in filling this gap. Humans are social beings who can bring the best versions of themselves to work when they feel connected and engaged in an environment where they can thrive. In a 2024 Psychology Today article, Harry Cohen explained how “Regular face-to- face interaction helps lower stress, boost mood and increase emotional resilience. When we connect with others, our bodies release oxytocin and dopamine — two powerful chemicals that promote feelings of happiness and well-being.” People- centric design helps make this possible, by moving beyond a mindset focused solely on efficiency to creating places and experiences that are inspiring, comfortable and purpose-built. THE OFFICE AS A PHYSICAL MANIFESTATION OF BRAND AND CULTURE The physical office remains the strongest way to celebrate your brand and culture. Work environments that offer a “vibe” are breeding grounds for creativity and innovation, attracting top-tier talent and then pushing this talent to do its best work, together. Putting people together in the same room is just the start. To truly maximize the value of the office, companies must think strategically about their space. Does the layout support different ways of working? Does the overall flow of the office encourage moments of interaction from different teams and divisions? When people are empowered to do their best work and can connect with others outside their immediate orbit, this leads to the cross-pollination of ideas and stronger employee ties. BRINGING CULTURE TO LIFE Hendy recently completed offices for Ventura Foods at Spectrum Terrace. In their 52K SF California HQ, people-centric design comes to life through a workplace that feels more like a destination than a corporate office. On-site amenities like Terrace Pool with meeting-ready cabanas, indoor-outdoor fitness center and a Kitchen + Bar with artisan coffee further this experience. Ventura Foods’ workspace is filled with natural light, sweeping views and food- centric details that reflect the company’s culture and industry. From a two-story digital display in reception showcasing the many brands they support to a cafe-inspired breakroom and hospitality kitchen, every touchpoint reinforces connection and pride. Designed to foster collaboration, attract new talent and celebrate the spirit of food, Ventura Foods’ headquarters is a clear example of how people-centric design can create a workplace where employees feel inspired to gather, connect and thrive. W Beter Together DESIGN // Guest Author: Anna Alm-Grayhek, Principal and Director of Workplace Strategy, Hendy Anna Alm-Grayhek is a Principal/Workplace Strategist at Hendy with 30 years of experience planning and designing commercial offices. She specializes in improving workplace performance by integrating “work anywhere” solutions with technology and behavioral strategies. 22

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It’s one reason why the office was never truly “dead” — and for companies that embrace a people-centric design approach, employees find that coming to the office is more than worth the commute. PEOPLE-CENTRIC DESIGN: CREATING SPACES WHERE PEOPLE WANT TO BE Much of our lives has been virtualized. Dinner, groceries, coffee orders and meetings all happen with the tap of a phone app. These conveniences removed many of the organic interactions we traditionally had with others and eliminated moments of vital connection. The office can play an important role in filling this gap. Humans are social beings who can bring the best versions of themselves to work when they feel connected and engaged in an environment where they can thrive. In a 2024 Psychology Today article, Harry Cohen explained how “Regular face-to- face interaction helps lower stress, boost mood and increase emotional resilience. When we connect with others, our bodies release oxytocin and dopamine — two powerful chemicals that promote feelings of happiness and well-being.” People- centric design helps make this possible, by moving beyond a mindset focused solely on efficiency to creating places and experiences that are inspiring, comfortable and purpose-built. THE OFFICE AS A PHYSICAL MANIFESTATION OF BRAND AND CULTURE The physical office remains the strongest way to celebrate your brand and culture. Work environments that offer a “vibe” are breeding grounds for creativity and innovation, attracting top-tier talent and then pushing this talent to do its best work, together. Putting people together in the same room is just the start. To truly maximize the value of the office, companies must think strategically about their space. Does the layout support different ways of working? Does the overall flow of the office encourage moments of interaction from different teams and divisions? When people are empowered to do their best work and can connect with others outside their immediate orbit, this leads to the cross-pollination of ideas and stronger employee ties. BRINGING CULTURE TO LIFE Hendy recently completed offices for Ventura Foods at Spectrum Terrace. In their 52K SF California HQ, people-centric design comes to life through a workplace that feels more like a destination than a corporate office. On-site amenities like Terrace Pool with meeting-ready cabanas, indoor-outdoor fitness center and a Kitchen + Bar with artisan coffee further this experience. Ventura Foods’ workspace is filled with natural light, sweeping views and food- centric details that reflect the company’s culture and industry. From a two-story digital display in reception showcasing the many brands they support to a cafe-inspired breakroom and hospitality kitchen, every touchpoint reinforces connection and pride. Designed to foster collaboration, attract new talent and celebrate the spirit of food, Ventura Foods’ headquarters is a clear example of how people-centric design can create a workplace where employees feel inspired to gather, connect and thrive. W Beter Together DESIGN // Guest Author: Anna Alm-Grayhek, Principal and Director of Workplace Strategy, Hendy Anna Alm-Grayhek is a Principal/Workplace Strategist at Hendy with 30 years of experience planning and designing commercial offices. She specializes in improving workplace performance by integrating “work anywhere” solutions with technology and behavioral strategies. 22

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src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/DINPro-Black_13u_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: DINPro-Bold_13j_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/DINPro-Bold_13j_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: GTSectraFine-B_13d_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/GTSectraFine-B_13d_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } ooted in heritage and built for modern growth, Boot Barn has always drawn strength from the same qualities that define its customers: resilience, authenticity and a deep respect for craft. As the company evolved into the nation’s largest western and workwear retailer, its leadership saw an opportunity to translate that spirit into a physical space — one that feels as grounded and enduring as the lifestyle it represents, while fueling the next era of expansion. With Boot Barn’s new Spectrum Terrace HQ, the brand has a headquarters that befits its status. Not only does the HQ’s design bring the brand to life, but it’s also a catalyst for in- person connection and a talent recruitment tool. “Having a corporate office that feels like our brand makes a meaningful difference,” said Stephen Loscko, VP, Marketing and Media. “Working in this new space reinforces the brand as you’re making business decisions, creating better results.” Boot Barn’s leadership team, including Randy Rokosz, VP, Purchasing & Facilities, helped shape the new HQ’s design vision, “Montana lodge at dusk.” Each of the four floors is themed for a different element that defines the West — stone, leather, iron, timber — all connected by a show- stopping four-story waterfall. From big moments, like a massive leather-embossed mural, to smaller details, like the velvet chairs and live-edge tables, everything is part of a cohesive, visual story. But it’s not just the design that brings the brand to life. Spectrum Terrace, with its expansive natural light and world-class amenities, plays a role, too. “We thought very carefully when selecting this workplace,” said Rokosz. “We wanted the campus experience with an open environment, a common space for social engagement and one-of-a-kind amenities, like the olympic-length pool and running trails.” “We wanted high ceilings, an open floor plan and windows that bring in sunshine throughout the day. That helps everyone feel energized. Our space is an environment where everyone is excited to come to work. And when people work together in community, we’re always more productive — we're living proof of that.” With more store openings on the horizon, the Boot Barn team is just getting started. THE COMPANY’S NEW SPECTRUM TERRACE HQ IS A LITERAL EMBODIMENT OF THE BOOT BARN BRAND — FROM A FOUR-STORY WATERFALL TO RAW EDGE TIMBER — AND IT’S ALREADY PROVEN TO BE A CATALYST FOR BUSINESS SUCCESS. Boot Barn Keeps DESIGN // Irvine Customer Spotlight 24

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As the company evolved into the nation’s largest western and workwear retailer, its leadership saw an opportunity to translate that spirit into a physical space — one that feels as grounded and enduring as the lifestyle it represents, while fueling the next era of expansion. With Boot Barn’s new Spectrum Terrace HQ, the brand has a headquarters that befits its status. Not only does the HQ’s design bring the brand to life, but it’s also a catalyst for in- person connection and a talent recruitment tool. “Having a corporate office that feels like our brand makes a meaningful difference,” said Stephen Loscko, VP, Marketing and Media. “Working in this new space reinforces the brand as you’re making business decisions, creating better results.” Boot Barn’s leadership team, including Randy Rokosz, VP, Purchasing & Facilities, helped shape the new HQ’s design vision, “Montana lodge at dusk.” Each of the four floors is themed for a different element that defines the West — stone, leather, iron, timber — all connected by a show- stopping four-story waterfall. From big moments, like a massive leather-embossed mural, to smaller details, like the velvet chairs and live-edge tables, everything is part of a cohesive, visual story. But it’s not just the design that brings the brand to life. Spectrum Terrace, with its expansive natural light and world-class amenities, plays a role, too. “We thought very carefully when selecting this workplace,” said Rokosz. “We wanted the campus experience with an open environment, a common space for social engagement and one-of-a-kind amenities, like the olympic-length pool and running trails.” “We wanted high ceilings, an open floor plan and windows that bring in sunshine throughout the day. That helps everyone feel energized. Our space is an environment where everyone is excited to come to work. And when people work together in community, we’re always more productive — we're living proof of that.” With more store openings on the horizon, the Boot Barn team is just getting started. THE COMPANY’S NEW SPECTRUM TERRACE HQ IS A LITERAL EMBODIMENT OF THE BOOT BARN BRAND — FROM A FOUR-STORY WATERFALL TO RAW EDGE TIMBER — AND IT’S ALREADY PROVEN TO BE A CATALYST FOR BUSINESS SUCCESS. Boot Barn Keeps DESIGN // Irvine Customer Spotlight 24

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url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-RegularI_13i_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } @font-face { font-family: Swift-Regular_13s_bv-40a9c349-; src: url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } INNOVATION // Guest Author: Vijay Gurbaxani, Director, Center for Digital Transformation, University of California Irvine HOW EXECUTIVES SHOULD BE THINKING ABOUT THE FUTURE OF THE WORKPLACE AI Will Reshape the Office in Ways We Can’t Yet Imagine hen most people think about artificial intelligence, the focus is usually on the way it is transforming functions like coding, answering questions or automating customer service. But the most important thing to understand is that AI is not just another tool — it’s a foundational technology, like the steam engine, electricity, railroads and digital computers, that will reshape every aspect of our lives. History offers some clues. Take electricity. At first, its benefits to physical spaces were clear with applications for light, heat and communication. Electric lighting allowed workplaces to function around the clock. With the emergence of factory machinery, many types of work shifted out of the home into commercial spaces. But the true revolution was something few foresaw until later: skyscrapers. Without elevators powered by electricity, no one would climb 100 stories to reach an office. This single technology reshaped cities, commerce and daily life in ways unimaginable at the time. AI will have the same kind of impact. As AI technologies advance, innovative businesses and entrepreneurs are conjuring up new ways to exploit its potential. Today, we see hints — self- driving cars on the streets of Los Angeles and San Francisco, humanoid robots folding laundry, generative AI assisting workers in countless everyday tasks, from answering simple queries to supporting research scientists. Yet these developments are just the equivalent of lightbulbs. The skyscraper equivalent is still to come. We’re still learning how humans and thinking machines will work best alongside each other, so the AI-powered workplace of the future is uncertain, but we can be sure it won’t resemble what we know today. W This uncertainty means leaders need to move away from a mindset of incremental improvements and prepare to be at the forefront of what is sure to be a revolutionary change in the nature of work. Innovation will always depend on people coming together, but the spaces they use will need to evolve — becoming adaptive, flexible and dynamically reconfigurable. AI will analyze office patterns and individual preferences to create new types of workspaces. Conference rooms will support immersive collaboration, office layouts will be robot-ready for cleaning and delivery and the workplace will adapt to a radically reshaped workforce and new categories of technology- enabled work. While there is much we can’t predict, what I do know is this: the transformation will be profound. As future work demands more interaction with machines, people will value the connection and interactions that well- designed workplaces can offer. The best workplaces will reinforce and catalyze the quintessentially human qualities of human connection and collaboration. Companies that remain flexible — with their people, spaces and technology — will be best positioned to thrive. AI promises to make organizations more productive, and to deliver wealth, healthcare and education at unprecedented levels. But it also means accepting that the office of the future may serve purposes we can’t yet imagine. The lesson from history is simple: expect the unexpected. Vijay Gurbaxani is the Taco Bell Endowed Professor of Technology Management and Director of the Center for Digital Transformation at the UCI Paul Merage School of Business. He is a distinguished scholar and expert on digital transformation, the strategic impact of artificial intelligence (AI) on business and the economics of technology. Gurbaxani has devoted his academic career to advancing the understanding of the digital economy and guiding business leaders through the opportunities and challenges of technological innovation. 29 28

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But the most important thing to understand is that AI is not just another tool — it’s a foundational technology, like the steam engine, electricity, railroads and digital computers, that will reshape every aspect of our lives. History offers some clues. Take electricity. At first, its benefits to physical spaces were clear with applications for light, heat and communication. Electric lighting allowed workplaces to function around the clock. With the emergence of factory machinery, many types of work shifted out of the home into commercial spaces. But the true revolution was something few foresaw until later: skyscrapers. Without elevators powered by electricity, no one would climb 100 stories to reach an office. This single technology reshaped cities, commerce and daily life in ways unimaginable at the time. AI will have the same kind of impact. As AI technologies advance, innovative businesses and entrepreneurs are conjuring up new ways to exploit its potential. Today, we see hints — self- driving cars on the streets of Los Angeles and San Francisco, humanoid robots folding laundry, generative AI assisting workers in countless everyday tasks, from answering simple queries to supporting research scientists. Yet these developments are just the equivalent of lightbulbs. The skyscraper equivalent is still to come. We’re still learning how humans and thinking machines will work best alongside each other, so the AI-powered workplace of the future is uncertain, but we can be sure it won’t resemble what we know today. W This uncertainty means leaders need to move away from a mindset of incremental improvements and prepare to be at the forefront of what is sure to be a revolutionary change in the nature of work. Innovation will always depend on people coming together, but the spaces they use will need to evolve — becoming adaptive, flexible and dynamically reconfigurable. AI will analyze office patterns and individual preferences to create new types of workspaces. Conference rooms will support immersive collaboration, office layouts will be robot-ready for cleaning and delivery and the workplace will adapt to a radically reshaped workforce and new categories of technology- enabled work. While there is much we can’t predict, what I do know is this: the transformation will be profound. As future work demands more interaction with machines, people will value the connection and interactions that well- designed workplaces can offer. The best workplaces will reinforce and catalyze the quintessentially human qualities of human connection and collaboration. Companies that remain flexible — with their people, spaces and technology — will be best positioned to thrive. AI promises to make organizations more productive, and to deliver wealth, healthcare and education at unprecedented levels. But it also means accepting that the office of the future may serve purposes we can’t yet imagine. The lesson from history is simple: expect the unexpected. Vijay Gurbaxani is the Taco Bell Endowed Professor of Technology Management and Director of the Center for Digital Transformation at the UCI Paul Merage School of Business. He is a distinguished scholar and expert on digital transformation, the strategic impact of artificial intelligence (AI) on business and the economics of technology. Gurbaxani has devoted his academic career to advancing the understanding of the digital economy and guiding business leaders through the opportunities and challenges of technological innovation. 29 28

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plan for tomorrow while building for today? Technology advances often impact physical workspace in ways we can’t initially imagine. In the last 25 years, file rooms became server rooms before disappearing in the age of cloud computing. Office layouts morphed from cubicles to wide-open spaces before the rise of video calls necessitated a return of private spaces, like phone booths. Entire industries — from biotech to gaming — have redefined what “workplace” even means. As workplace designers and master planners who hold our properties for generations, Irvine Company always looks ahead. Our buildings must meet the needs of a modern workforce, no matter what the future holds. This means designing for possibility and optionality. RETHINKING THE WORKSPACE: BUILT FOR R&D EVOLUTION For research and development users — particularly in technology and life sciences — change is constant. A growing company may shift from prototype assembly to light manufacturing. A lab team may need to expand bench space, add specialized equipment or reconfigure for new regulatory requirements. Product cycles shorten. Headcounts scale rapidly. H Rather than creating rigid environments locked into a single use, we design spaces that can flex between office, lab and light manufacturing. Higher ceiling clearances, increased floor loads and thoughtful column spacing allow for equipment evolution. Dedicated loading, secure storage, rolling doors and adaptable utility infrastructure support both early-stage innovation and scaled operations. Flexible walls and modular lab planning enable companies to pivot without relocating. Shared amenities and adjacent office space ensure engineering, research and administrative teams can collaborate seamlessly while still accommodating the privacy and compliance needs of specialized work. Most critically, these R&D workplaces are located exactly where talent wants to be, making recruitment and retention easier. These are the same prime locations associated with Irvine Company’s premium office buildings. We’ve done the legwork to ensure expanded zoning use for R&D. These spaces deliver comparable standards to our office-focused workplaces — modern design, premium finishes, outstanding service — simply adapted to accommodate the specialized Planning today’s workplaces to meet tomorrow’s needs infrastructure and flexibility that R&D users require. PRESERVING OPTIONALITY: DESIGNING FOR MULTIPLE USE CASES Advances in automation, robotics and AI are reshaping how companies operate. For R&D companies, this may mean more autonomous equipment, new manufacturing techniques or hybrid teams working across physical and digital environments. We’re planning campuses that anticipate these shifts. This means thinking about everything from how buildings can accommodate new production methods to how layouts can balance collaboration with focused research. We’re also asking how today’s spaces can keep adapting: how a light manufacturing suite could transition to lab use, or how technical environments can blend with office space as companies mature. Innovation is moving faster than ever, often in ways we cannot predict. Yet one thing remains constant: breakthrough ideas require space to be tested, refined and brought to life. The workplace isn’t going anywhere. And we’re more prepared than ever to ensure it’s a space that evolves alongside the companies shaping our future. 30

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plan for tomorrow while building for today? Technology advances often impact physical workspace in ways we can’t initially imagine. In the last 25 years, file rooms became server rooms before disappearing in the age of cloud computing. Office layouts morphed from cubicles to wide-open spaces before the rise of video calls necessitated a return of private spaces, like phone booths. Entire industries — from biotech to gaming — have redefined what “workplace” even means. As workplace designers and master planners who hold our properties for generations, Irvine Company always looks ahead. Our buildings must meet the needs of a modern workforce, no matter what the future holds. This means designing for possibility and optionality. RETHINKING THE WORKSPACE: BUILT FOR R&D EVOLUTION For research and development users — particularly in technology and life sciences — change is constant. A growing company may shift from prototype assembly to light manufacturing. A lab team may need to expand bench space, add specialized equipment or reconfigure for new regulatory requirements. Product cycles shorten. Headcounts scale rapidly. H Rather than creating rigid environments locked into a single use, we design spaces that can flex between office, lab and light manufacturing. Higher ceiling clearances, increased floor loads and thoughtful column spacing allow for equipment evolution. Dedicated loading, secure storage, rolling doors and adaptable utility infrastructure support both early-stage innovation and scaled operations. Flexible walls and modular lab planning enable companies to pivot without relocating. Shared amenities and adjacent office space ensure engineering, research and administrative teams can collaborate seamlessly while still accommodating the privacy and compliance needs of specialized work. Most critically, these R&D workplaces are located exactly where talent wants to be, making recruitment and retention easier. These are the same prime locations associated with Irvine Company’s premium office buildings. We’ve done the legwork to ensure expanded zoning use for R&D. These spaces deliver comparable standards to our office-focused workplaces — modern design, premium finishes, outstanding service — simply adapted to accommodate the specialized Planning today’s workplaces to meet tomorrow’s needs infrastructure and flexibility that R&D users require. PRESERVING OPTIONALITY: DESIGNING FOR MULTIPLE USE CASES Advances in automation, robotics and AI are reshaping how companies operate. For R&D companies, this may mean more autonomous equipment, new manufacturing techniques or hybrid teams working across physical and digital environments. We’re planning campuses that anticipate these shifts. This means thinking about everything from how buildings can accommodate new production methods to how layouts can balance collaboration with focused research. We’re also asking how today’s spaces can keep adapting: how a light manufacturing suite could transition to lab use, or how technical environments can blend with office space as companies mature. Innovation is moving faster than ever, often in ways we cannot predict. Yet one thing remains constant: breakthrough ideas require space to be tested, refined and brought to life. The workplace isn’t going anywhere. And we’re more prepared than ever to ensure it’s a space that evolves alongside the companies shaping our future. 30

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url("userFiles/a/5/5/4/5/7/9/54wylKklweBzG49xEV3SkY/fonts/Swift-Regular_13s_bv-40a9c349-.woff?_cbt=1778715314") format("woff"); } At Your Service Mike Bennet oversees operations for Irvine Company’s 50M+ SF Office portfolio, including engineering and customer experience. Here, he shares how the company looks to the fture and his favorite way to start the day. EXPERIENCE IT ALL WITH IRVINE COMPANY VISIT IRVINECOMPANY.COM TO LEARN MORE What makes Irvine Company’s approach to the workplace unique? We’ve always thought of our workplaces as communities, not just as functional offices. We prioritize the variety, energy and versatility of our spaces to bring people together. As long-term owners, that’s versatility not just over the course of a year, but over the course of the next decade and beyond. We never lose sight of the human element. The small moments and daily interactions between our customers and teams add up to something much bigger: our community. How have you sought to change the benchmark for customer experience in commercial real estate? Over a decade ago, we set a new challenge for ourselves: benchmarking our service against the world’s leading customer- centric brands, not just commercial real estate companies, and investing in premium customer experiences. The results have surpassed our expectations. Our customers are excited — they’re attracting and retaining top employees, and they’re exceeding business goals. Companies now expect their landlords to be strategic partners who propel business forward. We’ve driven an exciting change. Sharing best practices across the company is an important part of how Irvine Company operates. How do you draw inspiration from other parts of the company? Our approach to service is inspired by our colleagues at The Resort at Pelican Hill. For example, our lobby ambassadors warmly greet everyone, foster a sense of security, help regulars and newcomers alike feel welcome and set the tone for a productive work day. How do you take what’s successful today and make it even better? Our customers’ needs are always evolving, so we make sure our product offerings evolve with them. We don’t operate in a vacuum. We rely on customer feedback, including focus groups and one-on-one discussions, as well as expert perspectives like those featured in this issue of Elevate. I’m proud that across our teams there’s a shared orientation toward continual improvement. It’s waking up every day with a willingness to learn and asking, “How can we do this better?” What’s the best way to start your day? Go out and catch the wave, whether that’s in the water or at the office. SHOP PLAY LIVE WORK 34

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Here, he shares how the company looks to the fture and his favorite way to start the day. EXPERIENCE IT ALL WITH IRVINE COMPANY VISIT IRVINECOMPANY.COM TO LEARN MORE What makes Irvine Company’s approach to the workplace unique? We’ve always thought of our workplaces as communities, not just as functional offices. We prioritize the variety, energy and versatility of our spaces to bring people together. As long-term owners, that’s versatility not just over the course of a year, but over the course of the next decade and beyond. We never lose sight of the human element. The small moments and daily interactions between our customers and teams add up to something much bigger: our community. How have you sought to change the benchmark for customer experience in commercial real estate? Over a decade ago, we set a new challenge for ourselves: benchmarking our service against the world’s leading customer- centric brands, not just commercial real estate companies, and investing in premium customer experiences. The results have surpassed our expectations. Our customers are excited — they’re attracting and retaining top employees, and they’re exceeding business goals. Companies now expect their landlords to be strategic partners who propel business forward. We’ve driven an exciting change. Sharing best practices across the company is an important part of how Irvine Company operates. How do you draw inspiration from other parts of the company? Our approach to service is inspired by our colleagues at The Resort at Pelican Hill. For example, our lobby ambassadors warmly greet everyone, foster a sense of security, help regulars and newcomers alike feel welcome and set the tone for a productive work day. How do you take what’s successful today and make it even better? Our customers’ needs are always evolving, so we make sure our product offerings evolve with them. We don’t operate in a vacuum. We rely on customer feedback, including focus groups and one-on-one discussions, as well as expert perspectives like those featured in this issue of Elevate. I’m proud that across our teams there’s a shared orientation toward continual improvement. It’s waking up every day with a willingness to learn and asking, “How can we do this better?” What’s the best way to start your day? Go out and catch the wave, whether that’s in the water or at the office. SHOP PLAY LIVE WORK 34

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