Subject: Re: 5 Groves etc
In regard to Grove 3, from Note 4 (pg K-84): "During 2022, we began acquiring common stock of Occidental Petroleum Corporation ('Occidental') and our aggregate
voting interest exceeded 20% on August 4, 2022. We adopted the equity method with respect to our investment in Occidental
common stock as of that date and included this investment in equity method investments at December 31, 2022. See Note 5.
We continue to report our investments in Occidental Cumulative Perpetual Preferred Stock and Occidental common stock
warrants at fair value as equity securities, as such interests are not in-substance common stock under GAAP and are not eligible
for the equity method."