EARNINGS PER UNIT

3 Months Ended

Mar. 31, 2026

The computation of net income per Class A unit is set forth below:


	Three months ended March 31,
		2026		2025
		(in thousands, except per unit amounts)
Net income per Class A unit (basic and diluted):
Net income attributable to BOH Class A unitholders		$	32,431	$	(11,828)
Weighted average number of Class A units outstanding (basic and diluted)		118,832		116,373
Basic and diluted net income (net of tax) per Class A unit		$	0.27	$	(0.10)

OCGH units are not exchangeable into Class A units. As the restrictions set forth in the then-current exchange agreement were in place for each applicable reporting period, OCGH units were not included in the computation of diluted earnings per unit for the three months ended March 31, 2026 and 2025.