Alexander & Baldwin, Inc.

Good day and welcome to the second quarter 2024 Alexander and Baldwin Earnings Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. Please be advised that this call is being recorded today, 25th of July, 2024. I would now like to hand the conference over to Brandon Myers,

Investments Manager, please go ahead. Thank you, Operator.

Aloha, and welcome to Alexander and Baldwin's second quarter 2024 earnings conference call. My name is Brandon Myers, and I'm the manager on the A&B investments team. With me today are A&B's Chief Executive Officer, Lance Parker, and Chief Financial Officer, Clayton Shunt. During our call, please refer to our second quarter 2024 supplemental information available on our website at investors.alexanderbaldwin.com forward slash supplements. Before we commence, please note that statements in this presentation that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. These forward-looking statements include but are not limited to statements regarding possible or assumed future results of operations, business strategies, growth opportunities, and competitive positions. Such forward-looking statements speak only as of the date the statements were made and are not guarantees of future performance. Forward-looking statements are subject to a number of risks uncertainties, assumptions, and other factors that could cause actual results and the timing of certain events to differ materially from those expressed in or implied by the forward-looking statements. These factors include, but are not limited to, prevailing market conditions and other factors related to the company's REIT status and the company's business, the evaluation of alternatives by the company related to its non-core assets and business, and the risk factors discussed in the company's most recent form 10-K, Form 10-Q, and other filings with the Securities and Exchange Commission. The information in this presentation should be evaluated in light of these important risk factors. We do not undertake any obligation to update the company's forward-looking statements. Management will be referring to non-GAAP financial measures during our call today. Please refer to our statement regarding the use of these non-GAAP measures and reconciliations included in our 2024 second quarter supplemental information material. Lance will start today's presentation with an overview of the quarter, then hand it off to Clayton for discussion of financial matters. To close, Lance will return for some final remarks, and then we will open it up for your questions. With that, let me turn the call over to Lance.