Plan Future

Alexander & Baldwin, Inc. intends to maintain these Plans, but reserves the right, in its sole discretion, to terminate, suspend, withdraw, amend, or modify the Plans, in whole or in part, at any time and for any reason.

The Plans are subject to the continuing approval of the IRS, and changes in the Plans' operation may be required at any time. No change, however, may take away from you any vested interest you already have in the Plans. Your accrued benefits will remain part of the Plans' trusts and will become payable in accordance with the termination provisions of the Plans.