Alico terminates Orange Purchase Agreement with Tropicana by mutual consent

ALICO, INC.

Orange Purchase Agreement (R641) terminated mutually effective May 23, 2025.
Obligations for 2024/2025 crop year to be fulfilled and settled by July 15, 2025.
Mutual release clause discharges both parties from any claims under the Agreement.
Company had previously sought consent to remove certain acreage from the Agreement on Jan 3, 2025.

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