Alico leases 3,280 acres to U.S. Sugar with purchase option for $29.5M

ALICO, INC.

Agricultural lease with U.S. Sugar for ~3,280 acres in Hendry County, Florida.
Initial term July 1, 2026 to June 30, 2027; U.S. Sugar can extend for ten additional years.
Purchase option exercisable on or before June 30, 2029 at $29,520,000 ($9,000/acre), subject to annual increase and per-acre adjustments.
If lease extended, option period extends through June 30, 2031.

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