Alexander & Baldwin Inc

Climate change matters are managed by the Environmental Council, a cross-functional team chaired by the Senior Vice President, Asset Management. The Environmental Council, through its chair, reports directly to the CEO. [...] In our effort to address transitional risk or risks associated with an increase in federal, regional, and local regulations related to carbon and greenhouse gas (GHG) reductions, representatives of the Environmental Council and External Affairs Department monitor existing and proposed policies that may impact the Company's real estate investments. In addition, environmental and safety teams have been established and hold meetings regularly to identify and address existing or potential regulatory risk and assess the risk of fines or compliance orders at each property. When material risks are identified, we establish mitigation and compliance plans as appropriate.

A Corporate Compliance Committee oversees adherence to the Code and reports periodically to the A&B Board of Directors. Members include A&B's Vice President and Corporate Counsel, Chief Financial Officer, Senior Vice President of Human Resources, and Corporate Secretary. [...] The company provides a confidential, third-party Ethics hotline employees to report suspected violations via phone (1-855-554-2062), online (www.ethicspoint.com), or by contacting their supervisor, human resources, or any member of the Corporate Compliance Committee. A&B maintains a strict anti-retaliation policy to protect anyone who reports a suspected violation in good faith or participates in an investigation.