iStar Inc. and Safehold Inc. announced that they have agreed to extend the terms of certain agreements between the two companies. In particular: the initial term of the parties' management agreement has been extended from June 30, 2022 to June 30, 2023; a tail period has been added to iStar's exclusivity obligations under the parties' exclusivity agreement if iStar, as Safehold's manager, terminates the management agreement without cause pursuant to the terms thereof; and (the expiration date of iStar's standstill obligations under the parties' stockholder's agreement has been extended from January 2, 2021 to June 30, 2022. The amendments were approved by each company's independent directors.