• FRP Holdings replaced auditor Baker Tilly with Forvis Mazars as independent registered public accounting firm for fiscal year ending Dec. 31, 2026.
• Switch followed competitive selection process; Forvis Mazars appointment set May 12, 2026, with Baker Tilly dismissal effective May 15, 2026.
• Baker Tilly audit report for year ended Dec. 31, 2025 carried no adverse opinion or disclaimer, with no qualifications or modifications.
• No disagreements or reportable events cited with Baker Tilly during fiscal 2025 or interim period through May 15, 2026.
• Forvis Mazars previously provided income tax provision preparation, valuation, and technical accounting advisory services for year ended Dec. 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FRP Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000844059-26-000071), on May 15, 2026, and is solely responsible for the information contained therein.