Maui Land & Pineapple amends two property sale agreements, extends closing dates

MAUI LAND & PINEAPPLE CO INC

Kapalua Central Resort sale price remains $40M; due diligence extended to Apr 22, closing to May 6, 2022.
$300K deposit becomes non-refundable on Mar 31, 2022; additional $1.5M due after buyer's acceptance.
Omaopio (Kula) sale price unchanged at $9.7M; diligence to Apr 15, closing to May 9, 2022.
$2M deposit becomes non-refundable at end of Omaopio diligence period.
Both transactions subject to closing conditions; no assurance of completion.

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