Alexander & Baldwin has allocated a total of $1.025 per common share in dividend distributions for tax year 2025. Quarterly distributions were set at $0.225 per share for the March 14, June 13 and September 12 record dates, with the December 19 record date distribution increased to $0.350 per share. All distributions are classified as ordinary income and are fully qualified for federal tax purposes. The company’s CUSIP number for its common shares is 014491104.

For each dividend tranche, the ex-dividend date and record date coincide: March 14, June 13, September 12 and December 19, 2025. Payment dates follow three to four weeks later: April 7, July 9, October 7, 2025 and January 8, 2026. Shareholders of record on each record date will receive the corresponding distribution on the scheduled payment date.

Shareholders of record will receive IRS Form 1099-DIV from Computershare reflecting the quarterly distributions paid or deemed paid in 2025. Beneficial holders in street name should obtain their Form 1099-DIV from their brokerage or nominee. A&B recommends that investors seek professional tax advice to determine the proper treatment of these distributions on 2025 federal income tax returns.

Alexander & Baldwin is the sole publicly traded real estate investment trust focused exclusively on commercial properties in Hawaiʻi. As of January 2026, the company owns, operates and manages approximately 4.0 million square feet of commercial space, including 21 grocery-anchored retail centers, 14 industrial assets, four office properties and 146 acres of ground lease land. Founded in 1869, A&B has played a foundational role in the development of Hawaiʻi’s agricultural, transportation, tourism, construction, residential and commercial real estate sectors.