Alexander & Baldwin, Inc. (NYSE:ALEX) Q4 2022 Results Conference Call February 28, 2023 5:00 PM ET

Company Participants

Steve Swett - Investor Relations

Chris Benjamin - Chief Executive Officer

Lance Parker - President and Chief Operating Officer

Clayton Chun - Chief Financial Officer

Conference Call Participants

Alexander Goldfarb - Piper Sandler

Mitch Germain - JMP Securities

Operator

Good day, and welcome to the Fourth Quarter and Full-Year 2022 Alexander & Baldwin Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please also note, this event is being recorded.

I would now like to turn the conference over to Steve Swett. Please go ahead.

Steve Swett

Thank you. Aloha, and welcome to our call to discuss Alexander & Baldwin's fourth quarter and full-year 2022 earnings. With me today for our earnings call are A&B's Chief Executive Officer, Chris Benjamin; our President and Chief Operating Officer, Lance Parker; and Chief Financial Officer, Clayton Chun.

Before we commence, please note that statements in this call and presentation that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that 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, the Company's business, results of operations, liquidity and financial condition and the evaluation of alternatives by the Company related to its Materials & Construction business as well as other factors discussed in the Company's most recent Form 10-K, Form 10-Q and other filings with the SEC. The information in this call and 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. Included in the appendix of today's presentation slides is a statement regarding our use of these non-GAAP measures and reconciliations. Slides from this presentation are available for download at the Investors section of our website at www.alexanderbaldwin.com.