Alico publishes investor presentation on shift to diversified land management, development strategy

• Alico outlined a strategic shift away from citrus, citing the wind-down of its citrus division following the 2024/2025 harvest, with a pivot toward diversified land management and real estate development.
• The company highlighted its land base of about 46,000 acres across Florida, with management estimating about 28% has development potential while about 72% is expected to remain in agriculture.
• Management framed total portfolio value potential at $650 million-$750 million, including $335 million-$380 million tied to about 5,500 acres targeted for development within five years.
• Near-term development priorities include Corkscrew in Collier County at about 4,660 acres, where the East Village reached local entitlement completion in April 2026, with a plan for two mixed-use villages and more than 7,000 acres dedicated to permanent conservation.
• Other identified near-term sites include Bonnet Lake in Highlands County at about 610 acres, Saddlebag Grove in Polk County at about 240 acres, and Plant World in Hendry County at about 80 acres.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alico Inc. published the original content used to generate this news brief on May 18, 2026, and is solely responsible for the information contained therein.