Alexandra Lumpkin joins as the company’s first General Counsel from Lennar

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced it has named Alexandra Lumpkin as the company’s first General Counsel. Reporting to Real Chairman and Chief Executive Officer Tamir Poleg, she will be responsible for directing the company’s legal and compliance matters.

“We are thrilled to welcome Alix to our leadership team. She is an incredibly talented attorney who joins Real with an ideal combination of industry experience and achievements,” Poleg said. “Alix is an excellent addition to our leadership team as we continue to scale our business, instill a performance culture and achieve greater results for all of our stakeholders.”

Lumpkin brings extensive knowledge of the residential real estate industry, having spent nearly a decade at Lennar, one of the nation’s leading homebuilders.

“I am thrilled to join Real as it continues to rapidly grow its integrated technology across its brokerage, mortgage and title operations,” Lumpkin said. “Real’s expertise in delivering a performance-oriented platform along with its focus on revolutionizing the real estate experience, is such an appealing combination. I look forward to working with this talented team and helping to further drive its growth and success.”

She joined Lennar in 2013 as Associate General Counsel and was elevated to Deputy General Counsel in 2021. While at Lennar, Lumpkin led the company’s legal securities and corporate governance function, as well as other legal and advisory roles.

Prior to transitioning to an in-house legal position, Lumpkin focused her practice on advising public and private companies on capital markets transactions, disclosure and corporate governance matters and M&A transactions at Greenberg Traurig, LLP and Holland & Knight LLP, both multinational law firms.

She earned her bachelor’s degree from the University of Michigan and J.D. from the University of Florida, Fredric G. Levin College of Law.

About Real

The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 9,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

Investor inquiries:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

BETHESDA, Md.–(BUSINESS WIRE)–#AirPermit–Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, received on March 21, 2023 its construction permit from the Alabama Department of Environmental Management (ADEM) for its Epes plant under construction in Sumter County, AL. The revised permit enables Enviva to build a state-of-the-art sustainable biomass production facility at a brownfield site in Epes, AL, bringing jobs, infrastructure, and economic development to the region, while deepening Sumter County’s ties to the global economy.

In 2020, Enviva acquired over 300 acres of land on the coast of the Tombigbee River in Sumter County for its forthcoming Epes plant. The Enviva Epes site location resides on the former manufacturing site of a wood products company that had closed in recent years, resulting in job loss and depressed economic activity in the region.

“Enviva is excited to repurpose a former business site and construct a brand-new state-of-the-art manufacturing facility, jumpstarting economic growth and bringing employment opportunities back to the community,” said Thomas Meth, President and CEO of Enviva. “Enviva’s decision to locate a plant at the Port of Epes is expected to trigger a rebirth of economic activity in the Epes community. We hope that our decision to locate in Sumter County prompts others to do the same and we look forward to the day we get to officially call Sumter County home.”

Enviva has been active in Sumter County since its initial assessment of the site in 2018. Since then, Enviva has partnered with local government, first responders, and the faith-based community to help fulfill unmet needs and provide empowering programming for families. Once operational, Enviva’s Epes plant will be one of the largest taxpayers in the county, resulting in economic benefits to the community with funding for programs like road maintenance, schools, as well as safety, and emergency services.

“I am extremely thrilled and appreciative that this permit has been issued to Enviva,” said Marcus Campbell, Chairperson of the Sumter County Commissioners. “We are proud of the partnership and the opportunities that will come to Sumter County as a result of this magnificent collaboration. This is just another step in ensuring the economic revitalization of Sumter County will foster opportunities for citizens to live, work, play, and prosper.”

Enviva started preliminary construction of its fully contracted Epes plant in July 2022. The plant is expected to have a nameplate capacity of 1.1 million metric tons per year and is expected to be in service in 2024 and fully ramped in 2025. Once operational, the Epes plant is expected to support approximately 350 direct and indirect jobs, including in adjacent industries such as logging and trucking.

About Enviva

Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11^th plant in Epes, Alabama. Additionally, Enviva is planning to commence construction of its 12^th plant near Bond, Mississippi. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with primarily creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to defossilize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.

To learn more about Enviva, please visit our website at www.envivabiomass.com. Follow Enviva on social media @Enviva.

Contacts

Jacob Westfall

media@envivabiomass.com
+1-301-657-5560