AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT Dated as of 5 August 2025Investment Management Agreement • March 10th, 2026 • Pershing Square Holdco, L.P. • Investment advice • New York
Contract Type FiledMarch 10th, 2026 Company Industry JurisdictionThis Amended and Restated Investment Management Agreement (this “Agreement”) is made and entered into as of the date set forth above by and between Pershing Square Holdings, Ltd., a Guernsey limited liability company (the “Company”), and Pershing Square Capital Management, L.P., a Delaware limited partnership (the “Investment Manager” and, together with the Company, the “Parties”). Capitalized terms used in the preamble and recitals of this Agreement and not otherwise defined therein are defined in Section 1.
AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT Dated as of 5 August 2025Investment Management Agreement • February 17th, 2026 • Pershing Square Holdco, L.P. • Investment advice • New York
Contract Type FiledFebruary 17th, 2026 Company Industry JurisdictionThis Amended and Restated Investment Management Agreement (this “Agreement”) is made and entered into as of the date set forth above by and between Pershing Square Holdings, Ltd., a Guernsey limited liability company (the “Company”), and Pershing Square Capital Management, L.P., a Delaware limited partnership (the “Investment Manager” and, together with the Company, the “Parties”). Capitalized terms used in the preamble and recitals of this Agreement and not otherwise defined therein are defined in Section 1.