ALICO, INC.

FORT MYERS, Fla., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company’s President and Chief Executive Officer, will present and host one-on-one meetings with investors at the 17th Annual Midwest IDEAS Conference at The InterContinental in Chicago, IL on August 26-27, 2026. The presentation will begin at 2:40 PM Central Time (3:40 PM Eastern Time) on Wednesday, August 26th. Management will also host one-on-one meetings with investors on Wednesday, August 26th. The presentation will be webcast live and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/midwest and can be accessed through the “News / Events” tab on the investor relations website at https://ir.alicoinc.com. About Alico Alico, Inc. (Nasdaq: ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 47,300 acres across 7 Florida counties. The Company focuses on strategic land development opportunities and diversified agricultural operations, leveraging its extensive land portfolio to create long-term shareholder value while maintaining its commitment to responsible land stewardship and conservation. Learn more about Alico at www.alicoinc.com. About IDEAS Investor Conferences The mission of the IDEAS Conferences is to provide independent regional venues for quality companies to present their investment merits to an influential audience of investment professionals. Unlike traditional bank-sponsored events, IDEAS Investor Conferences are “SPONSORED BY INVESTORS. FOR INVESTORS.” and for the benefit of regional investment communities. Conference sponsors collectively have more than $200 billion in assets under management and include: 1102 Partners, Adirondack Research and Management, Allianz Global Investors: NFJ Investment Group, Aristotle Capital Boston, Ascend Wealth Advisors, Barrow Hanley Mewhinney & Strauss, Constitution Research & Management, Inc., Diamond Hill, First Wilshire Securities Management, Inc., Granahan Investment Management, Great Lakes Advisors, Greenbrier Partners Capital Management, LLC, Hodges Capital Management, Ironwood Investment Management, Keeley Teton Advisors, Luther King Capital Management, Marble Harbor Investment Counsel, North Star Investment Management, Punch & Associates, Shepherd Kaplan Krochuk, Westwood Holdings Group, Inc., and William Harris Investors. The IDEAS Investor Conferences are held annually and are produced by Three Part Advisors, LLC. Additional information about the events can be lo

Company Entered Agricultural Lease Agreement for Approximately&nbsp;3,280 Acres, Including a Purchase Option for $29.5 million, Extending Alico’s Land Monetization Strategy Beyond Outright Sales Corkscrew Grove East Village Advances to State and Federal Permitting Process Following April 2026 Local Entitlement Approval Company Completes $10.0 million of the Share Repurchase Program, Repurchasing Approximately 245,000 Shares, While Continuing to Strengthen Cash Position Recently Strengthened Liquidity Position Extends Operating Runway Through 2029, Without Requiring Any Additional Asset Sales Company Raises Fiscal Year 2026 Guidance Projecting Adjusted EBITDA of approximately $15 Million, Cash of Approximately $48 million and Net Debt of Approximately $37 million FORT MYERS, Fla., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the third quarter ended June 30, 2026. Management Comments John Kiernan, President and Chief Executive Officer of the Company, stated, “Our third quarter results reflect the continued, steady execution of our Strategic Transformation. For example, the additional agricultural lease we recently signed for approximately 3,280 acres, structured with a purchase option, reflects how our land monetization strategy allows us to generate recurring lease income while preserving the optionality to realize additional value from the property over time, and we believe it reflects the discipline and flexibility that has defined our transformation to date. Corkscrew Grove East Village received local entitlement approval in April and is now advancing through the state and federal permitting process." Mr. Kiernan continued, “We continue to review our operating cost structure to improve our cash flow, and this year we are executing a number of initiatives to reduce overhead, including a new office lease that we expect will begin delivering additional savings starting in the second quarter of next fiscal year. We recognize this remains a multi-year transformation, and we believe the markers of progress we are reporting this quarter — on our balance sheet, in our leasing program, and in our development entitlements — demonstrate that we remain on track to unlock the substantial value we believe exists within our approximately 47,300-acre Florida portfolio, while maintaining our commitment to responsible land stewardship. With cash and cash equivalents of $55.6 million at quarter-end, we believe we've extended our financial runway through fiscal year 2029, without requiring any additional asset sales, giving us the flexibility to advance our development pipeline on our own timeline." Results of Operations for the Third Quarter 2026: (in thousands, except for per share amounts and percentages) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (Unaudited) &nbsp; (Unaudited) &nbsp; Three Months Ended June 30, &nbsp; Nine Months Ended June 30, &nbsp; &nbsp; 2026 &nbsp; &nbsp; 2025 &nbsp; &nbsp;</td

FORT MYERS, Fla., July 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the third quarter ended June 30, 2026, on Monday, August 10, 2026 after market close. The Company will host a conference call to discuss its financial results on Tuesday, August 11, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-877-407-3982 in the United States and 1-201-493-6780 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Tuesday, August 11, 2026 approximately three hours after the call concludes, and will be available through Tuesday, August 25, 2026. Listeners in the United States may dial 1-844-512-2921 and international listeners may dial 1-412-317-6671. The passcode for the playback is 13761363. About Alico Alico, Inc. (Nasdaq: ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 47,000 acres across 7 Florida counties. The Company focuses on strategic land development opportunities and diversified agricultural operations, leveraging its extensive land portfolio to create long-term shareholder value while maintaining its commitment to responsible land stewardship and conservation. Learn more about Alico at&nbsp;www.alicoinc.com. Investor Contact:John MillsICR(646) 277-1254InvestorRelations@alicoinc.com Brad HeineChief Financial Officer(239) 226-2000bheine@alicoinc.com Source: Alico, Inc.

Your browser does not support the video tag. Exec Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with John Kiernan, President and Chief Executive Officer at Alico, Inc. (Nasdaq: ALCO). The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed how the company monetizes its land portfolio through agricultural leases, development entitlements, conservation commitments, and residential and commercial projects. About John Kiernan John Kiernan leads Alico as our President and CEO and was previously its CFO. Before joining Alico, John worked as the CFO of Greenwich Associates, a private global research-based consulting firm serving the financial services industry. John previously worked as the Treasurer and SVP for Capital Markets &amp; Risk Management for Global Crossing until its $3B sale to Level 3 in 2011. He was also the VP of Investor Relations for Misys plc, which maintained a public listing on the London Stock Exchange and a NASDAQ listing for one of its subsidiaries, and a Director of Corporate Development for IBM. Earlier in his career, John spent 12 years as an investment banker and specialized in IPOs and M&amp;A for technology companies during his tenure at Bear Stearns, where he earned the title of Managing Director. John earned a BA in Finance and History summa cum laude from Saint Vincent College, earned an MBA from the Darden Graduate School of Business Administration and a Juris Doctorate from the University of Virginia School of Law. He is a member of New York Bar and a Certified Treasury Professional. About Alico Inc. Alico, Inc. (Nasdaq: ALCO) is a holding company with assets and related operations in agriculture and environmental resources, including citrus and wildlife management. Our mission is to create value for shareholders by managing existing assets to their optimal current income and total returns, opportunistically acquiring new assets and producing high quality agricultural products while exercising responsible environmental stewardship. Our objectives are to produce the highest quality agriculture products, create innovative land uses, opportunistically acquire and convert undervalued assets, sell under productive land, generate recurring and sustainable profit with the appropriate balance of risk and reward, and exceed the expectations of shareholders, customers, clients, growers and partners. Our strategic vision: Monetize under-productive assets Land or easement sales Creative solutions to enhance and extract value Natural resource management and conservation Mineral rights exploitation Opportunistically invest in citrus groves to increase citrus production Plant groves on company land Our strategy is based on best management practices of our agricultural operations, as well as environmental and conservation stewardship of our rural land and natural resources. We manage our land in a sustainable manner and evaluate the effect of changing land uses while considering new opportunities. <span style="text-decoration: und

FORT MYERS, Fla., May 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company’s President and Chief Executive Officer, will present and host one-on-one meetings with investors at the 16th Annual East Coast IDEAS Investor Conference at The Westin TimesSquare in New York, NY on June 10-11, 2026. The presentation will begin at 2:40 PM Eastern Time on Wednesday, June 10th. Management will also host one-on-one meetings with investors on Wednesday, June 10th. The presentation will be webcast live and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/east-coast and can be accessed through the “News / Events” tab on the investor relations website at&nbsp;https://ir.alicoinc.com. About Alico Alico, Inc. (Nasdaq: ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 46,000 acres across 7 Florida counties. The Company focuses on strategic land development opportunities and diversified agricultural operations, leveraging its extensive land portfolio to create long-term shareholder value while maintaining its commitment to responsible land stewardship and conservation. Learn more about Alico at www.alicoinc.com. Investor Contact:John MillsICR(646) 277-1254InvestorRelations@alicoinc.com Brad HeineChief Financial Officer(239) 226-2000bheine@alicoinc.com Source: Alico, Inc.

Company Closed&nbsp;$26.9 million Land Sale in Second Quarter; Total Land Sales Reach $34.6 million Year-to-Date Company Repurchased 245,399 Shares for $10.0 million, Through April 2026 Cash and Cash Equivalents of $52.9 million at March&nbsp;31, 2026, Extending Cash Runway Another Year Through Fiscal Year 2028 Collier County Local Entitlement Approvals Secured in April 2026; Federal and State Entitlements Progressing as Expected for Corkscrew Grove Villages FORT MYERS, Fla., May 11, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the second quarter ended March 31, 2026. Management Comments John Kiernan, President and Chief Executive Officer of the Company, stated, “We believe our second quarter results, including net income attributable to Alico, Inc. common stockholders of $11.4 million and Adjusted EBITDA of $16.9 million demonstrate the continued execution of our Strategic Transformation and our commitment to delivering on our stated goals. The $26.9 million land sale for 2,950 acres of citrus grove that we closed in January, combined with the $10.0 million of common shares that were repurchased through our stock repurchase program, reflect our balanced approach to capital allocation and value creation. We're particularly pleased that our strengthened cash position extends our expected financial runway through fiscal year 2028, providing the liquidity, stability and flexibility to advance our long-term real estate development initiatives.” Mr. Kiernan continued, “The Collier County entitlement approvals in April represent a significant regulatory milestone for Corkscrew Grove East Villages. With local approvals now secured, we're focused on the remaining federal and state permitting processes. Our diversified land utilization strategy continues to perform as intended, with approximately 97% of our farmable acreage generating revenue through agricultural partnerships. We believe this combination of near-term cash generation and long-term development optionality positions Alico to pursue substantial value creation from our approximately 46,000-acre Florida portfolio while maintaining our commitment to responsible land stewardship and conservation. We believe our track record of consistent execution, financial discipline, and strategic progress validates the business model we've built." Another important milestone for Alico this quarter was the election of a new member of our Board of Directors. Eric Speron has proven expertise in real estate and finance. Mr. Speron has worked at First Foundation, a financial services firm, and currently serves as its Managing Director of Equities. Previously, Mr. Speron was a member of J.P. Morgan’s Institutional Equity division. He has served on the board of directors of Keweenaw Land Association, Limited since May 2021 and on the board of Tejon Ranch Company since November 2024. Mr. Speron was also a director for Tandy Leather Factory, Inc. from April 2023 to January 2025 and for Vidler Water Company, Inc. from January 2016 through May 2022. Mr. Speron received his B.A. in Government and History from Georgetown University and is a Chartered Financial Analyst. Results of Operations for the Second Quarter 2026: (in thousands, except for per share amounts and percentages) &nbsp; &nbs

FORT MYERS, Fla., May 04, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company’s President and Chief Executive Officer, will present and host one-on-one meetings with investors at the LD Micro Invitational XVI Conference, taking place on May 17-19, 2026 in Los Angeles, CA. The presentation will begin at 9:30 AM Pacific Time (12:30 PM Eastern Time) on Monday, May 18th. Management will also host one-on-one meetings with investors on Monday, May 18th. To register for the presentation or one-on-one meeting, visit here. About AlicoAlico, Inc. (Nasdaq: ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 46,000 acres across 7 Florida counties. The Company focuses on strategic land development opportunities and diversified agricultural operations, leveraging its extensive land portfolio to create long-term shareholder value while maintaining its commitment to responsible land stewardship and conservation. Learn more about Alico at&nbsp;alicoinc.com. Investor Contact:John MillsICR(646) 277-1254InvestorRelations@alicoinc.com Brad HeineChief Financial Officer(239) 226-2000bheine@alicoinc.com Source: Alico, Inc.

Major Milestone Advances Master-Planned Community Development in Southwest Florida FORT MYERS, Fla., April 30, 2026 (GLOBE NEWSWIRE) -- Alico, Inc., (“Alico” or the “Company”) (Nasdaq: ALCO) today announced it has received unanimous approval from the Collier County Board of County Commissioners for the Stewardship Receiving Area (SRA) and companion Stewardship Sending Area (SSA) 22 for Corkscrew Grove East Village. The April 28, 2026 vote represents a significant regulatory milestone for the initial development project of the Corkscrew Grove Villages master-planned community, which the Company believes has the potential to be a transformative development project located at the intersection of Collier, Lee and Hendry counties in Southwest Florida. With local entitlements now secured, Alico is pursuing the remaining state and federal permitting processes. The unanimous local approval encompasses: Creation of the 1,446.59-acre East Village Stewardship Receiving Area (SRA), which meets the Suitability Criteria of the Collier County Land Development Code Approval of Stewardship Sending Area Agreement for SSA 22, containing 1,295.4 acres Authorization for future development including: Up to 4,502 dwelling units, including 362 affordable housing units for essential workers A minimum of 10% multi-family units to ensure housing diversity Up to 238,606 gross square feet of neighborhood-scaled retail and office uses A maximum of 100,000 square feet of indoor self-storage A minimum of 45,020 gross square feet of civic, government, and institutional uses The approval followed a recommendation of approval from County Staff in March 2026 and a unanimous recommendation from the Planning Commission, demonstrating broad support for the project's vision and design. “This unanimous approval from the Collier County Board of County Commissioners validates our thoughtful approach to community planning and our commitment to responsible development,” said John Kiernan, President and CEO of Alico. “Corkscrew Grove East Village represents the culmination of extensive collaboration with local agencies, stakeholders, and community members to create a development that meets the region's growing housing and economic needs while preserving and enhancing critical environmental resources. We're grateful for the support we've received throughout this process.” Kiernan continued, “Our approach aligns with Collier County's Rural Land Stewardship Area program, which provides a comprehensive framework for balancing development, environmental protection, agriculture, and property rights. Corkscrew Grove East Village reflects these principles through connected open space, landscape-scale habitat connectivity and permanent conservation. Alico plans to place more than 6,000 acres into permanent conservation at no cost to taxpayers. We have also partnered with the Florida Department of Transportation to fund a wildlife underpass that is already under construction, which we believe will implement a critical portion of the regional wildlife corridor. We are committed to working closely with the South Florida Water Management District, U.S. Army Corps of Engineers and the U.S. Fish and Wildlife Service as we seek to demonstrate that this project is thoughtfully planned, environmentally responsible and consistent with the requirements for state and federal permits." Corkscrew Grove Villages is planned as a 3,

FORT MYERS, Fla., April 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2026, on Monday, May 11, 2026 after market close. The Company will host a conference call to discuss its financial results on Tuesday, May 12, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-4849 in the United States and 1-203-518-9848 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Tuesday, May 12, 2026 approximately three hours after the call concludes, and will be available through Tuesday, May 26, 2026. Listeners in the United States may dial 1-844-512-2921 and international listeners may dial 1-412-317-6671. The passcode for the playback is 11161326. About Alico Alico, Inc. (Nasdaq: ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 46,000 acres across 7 Florida counties. The Company focuses on strategic land development opportunities and diversified agricultural operations, leveraging its extensive land portfolio to create long-term shareholder value while maintaining its commitment to responsible land stewardship and conservation. Learn more about Alico at&nbsp;www.alicoinc.com. Investor Contact:John MillsICR(646) 277-1254InvestorRelations@alicoinc.com Brad HeineChief Financial Officer(239) 226-2000bheine@alicoinc.com Source: Alico, Inc.

FORT MYERS, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company’s President and Chief Executive Officer, will host one-on-one meetings with investors at the 38th Annual Roth Conference, taking place in Laguna Niguel, CA on March 22-24, 2026. About Alico Alico, Inc. (Nasdaq: ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 46,000 acres across 7 Florida counties. The Company focuses on strategic land development opportunities and diversified agricultural operations, leveraging its extensive land portfolio to create long-term shareholder value while maintaining its commitment to responsible land stewardship and conservation. Learn more about Alico at www.alicoinc.com. Investor Contact:John MillsICR(646) 277-1254InvestorRelations@alicoinc.com Brad HeineChief Financial Officer(239) 226-2000bheine@alicoinc.com Source: Alico, Inc.