Pershing Square USA, Ltd. announced it plans to publish its third quarter portfolio review on Monday, November 2, 2026. This disclosure coincides with the release of third quarter financial results by parent company Pershing Square Inc.

The closed-end management investment company will share insights into its current holdings concurrently with its manager's earnings webcast. Investors and media are invited to participate in subsequent discussions regarding the fund's performance and strategy.

Conference call and webcast details

On Tuesday, November 3, 2026, Pershing Square CEO Bill Ackman and CIO Ryan Israel will host a live audio webcast and conference call at 9:30 am ET. Participants are encouraged to dial in or link to the webcast at least 15 minutes prior to the scheduled start time.

The earnings release will be posted to the Investor Relations section of the Company's website. A replay of the webcast will be available through the same link approximately 24 hours after the conference call.

Access information for earnings call

• Webcast link: https://events.q4inc.com/attendee/722557722
• US dial-in: (833) 461-5787
• Non-US dial-in: +1 (585) 542-9983
• Conference ID: 722557722

Live Q&A event details

Immediately following the earnings call, Ackman and Israel will host a live Q&A session on November 3, 2026, at 10:30 am ET (3:30 pm GMT). The event is open to all investors, media, and members of the public.

Participants may join via webcast or dial-in to ask questions during the broadcast. The session will be streamed live on X at https://x.com/BillAckman and through the Investor Relations section of Pershing Square Inc.'s website. A replay will be available approximately 24 hours after the conclusion of the event.

Access information for Q&A session

• Webcast link: https://events.q4inc.com/attendee/249073087
• US dial-in: (888) 596-4144
• Non-US dial-in: +1 (646) 968-2525
• Conference ID: 6849775

Corporate structure and contacts

Pershing Square USA, Ltd. operates as a closed-end management investment company managed by Pershing Square Capital Management, L.P. The entity trades on the New York Stock Exchange under ticker PSUS. Pershing Square Inc. is the parent company of the investment manager.

Media inquiries should be directed to Camarco, specifically Ed Gascoigne-Pees or Julia Tilley, via email at mediainquiries@pershingsquareholdings.com or phone at +44 (0)20 3781 8339. For US-based inquiries, contact Fran McGill at McGill@persq.com or Jill Chapman for investor relations at Chapman@persq.com .

Pershing Square Holdings (LN: PSH) announced a new share buyback program worth $100 million for its outstanding Public Shares on the London Stock Exchange. The company stated the program is expected to be accretive to net asset value (NAV) per share.

The initiative will reduce PSH’s capital base. Jefferies International Limited will serve as the sole buyback agent, a role it has maintained for previous programs. This arrangement allows for share purchases during closed periods. Repurchased shares will be held in Treasury.

Program parameters and limits

The announcement specifies strict caps on the volume and value of shares to be repurchased under this specific program. The total number of shares bought back shall not exceed 5,000,000 PSH Public Shares or the aggregate value of $100 million, whichever limit is reached first.

Historical repurchase activity

Since commencing its first share buyback program on May 2, 2017, Pershing Square Holdings has executed significant capital returns through share repurchases. The cumulative data highlights a sustained strategy of reducing outstanding shares over the past several years.

What the numbers show

The new $100 million program represents a continuation of a long-term capital management strategy rather than an isolated event. With historical repurchases totaling $2 billion at an average price of $25.66, the new program adds to a substantial existing reduction in share count. The explicit cap of 5,000,000 shares provides a clear boundary on the dilution impact, contrasting with the nearly 77 million shares already removed from circulation since 2017.

Regulatory status

Pershing Square Holdings advised shareholders that the announcement contains Inside Information as defined under the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018. The company operates as an investment holding company structured as a closed-end fund.