A&B terminates 2018 agreement with Mahi Pono, transfers 50% EMI interest, pays $55.3M over 4 years

Alexander & Baldwin, Inc.

A&B enters Termination Agreement with Mahi Pono, extinguishing its ~$69.7M obligation from the 2018 PSA.
A&B transfers its 50% ownership in East Maui Irrigation Company, LLC to Mahi Pono and foregoes a $2.7M payment.
A&B pays $55.3M in installments: $10M upfront, $12.65M on 1st & 2nd anniversaries, $10M on 3rd & 4th.
Agreement resolves all remaining rights and obligations under the original Purchase and Sale Agreement.

item 1.01item 1.02

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.