ALEXANDER & BALDWIN PROMOTES JEFF PAUKER TO EXECUTIVE VICE PRESIDENT AND CHIEF INVESTMENT OFFICER
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HONOLULU, May 24, 2023 ~ Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B"), a Hawai'i-based company focused on owning, operating, and developing high-quality commercial real estate in Hawai'i, has appointed Jeff Pauker to executive vice president and chief investment officer.

Since 2018, Pauker has been leading A&B's investments team, responsible for core and opportunistic real estate investments, property dispositions, and asset-level financings. In addition to his current leadership role, Pauker will now oversee the Company's strategic asset and portfolio planning as well as its capital markets activities.

Pauker joined A&B in 2012 and most recently served as its senior vice president of investments. Lance Parker, president and chief operating officer of A&B said "During Jeff's tenure with A&B, he has spearheaded some of the Company's largest and most complex investments and dispositions, many of which were critical to our successful transformation into a commercial real estate company exclusively focused on the Hawai'i market."

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Prior to joining A&B, Pauker was an attorney with the San Francisco office of Orrick, Herrington & Sutcliffe. He also worked in management consulting and private equity for Monitor Group. He is a magna cum laude graduate of Dartmouth College and Harvard Law School. Pauker has served on numerous local professional and community boards including the Hawai'i chapters of the Urban Land Institute, NAIOP, the Boys & Girls Club of Hawai'i (for which he currently serves as Vice Chair and Treasurer), and the Honolulu Theatre for Youth.

Pauker expressed his excitement about his new role saying "I am honored to have the opportunity to expand my role with the Company. I look forward to collaborating closely with Lance and the entire A&B team to grow our thriving commercial real estate portfolio and create value for our stakeholders."

Alexander & Baldwin Inc., through its appointment of Jeff Pauker as executive vice president & chief investment officer is looking forward to expanding its commercial real estate portfolio in Hawai'i while creating value for its stakeholders.

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