On December 1, 2011, Alexander & Baldwin, Inc. announced that its board of directors had unanimously approved a plan to pursue the separation of the company into two independent, publicly traded companies.

The Company completed the separation by distributing to all persons who were shareholders of record of the Company as of 5:00 p.m., Eastern Daylight Time, on June 18, 2012 (the “Record Date”), one share of New A&B common stock for every one share of Company stock owned as of the Record Date. The distribution was effective at 4:00 p.m. Eastern Daylight Time, on June 29, 2012 (the “Distribution Date”). The first day of “regular way” trading of the stock of each separate company was Monday, July 2, 2012.

Separation Announcement
8-K filed with the SEC on
December 2, 2011

Entry into a Material Definitive Agreement
8-K filed with the SEC on
February 14, 2012

Slide presentation and Unaudited Pro Forma
Condensed Consolidated Financial Statements
8-K filed with the SEC on
April 11, 2012

Board Approves Separation
News Release
June 8, 2012

Form 8937 and Supplemental Information
July 13, 2012