MAUI LAND & PINEAPPLE CO INC

ITEM 7.01 REGULATION FD DISCLOSURE On May 18, 2026, Maui Land & Pineapple Company, Inc. (the “Company”) entered into a Memorandum of Understanding (the “MOU”) with the County of Maui, a political subdivision of the State of Hawaii, regarding the parties’ mutual intention to negotiate and enter into agreements for the sale or lease of certain real property and water infrastructure assets in West Maui and Upcountry Maui. The MOU sets forth certain conditions that must be satisfied in order for the parties to enter into the proposed transaction. The MOU is non-binding and does not obligate either party to consummate the proposed transaction, and there can be no assurance that the parties will enter into a definitive agreement to consummate the proposed transaction. The Company recognizes that long-term value depends on responsible stewardship of natural resources and meaningful collaboration with stakeholders, such as the County of Maui, to protect those resources for future generations of Maui communities. Following more than a year of discussions with prospective asset buyers, the MOU represents an important milestone in the Company’s efforts to sell certain assets, continue the activation of the Company’s land portfolio, and unlock value on its parcels by increasing housing inventory. Key Points from the Company: On September 10, 2025, the Company announced the formation of a sub-committee led by Board member Ken Ota to explore the strategic sale of certain water-related assets in Maui County. ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── Following the formation of the sub-committee and negotiations with multiple prospective buyers of certain Company assets, the Company entered into the MOU with the County of Maui as the selected buyer of assets identified in the MOU. The assets are expected to be valued based on professional appraisals. The County of Maui has initiated budget allocations toward the potential purchase. The MOU includes monetary and non-monetary consideration for the Company, including water credits and land use support intended to facilitate the development of much-needed housing on the Company’s West Maui and Upcountry Maui landholdings. ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── The County of Maui issued a press release outlining the terms of the MOU. A copy of the press release is furnished hereto as Exhibit 99.1 to this Current Report on Form 8-K (the “Current Report”). The information provided in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Such information shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as otherwise expressly set forth by specific reference in such filing. Forward-Looking Statements Any statements contained in this Current Report that refer to events that may occur in the future or other non-historical matters are forward-looking statements. These statements generally are characterized by the use of terms such as “may,” “will,” “should,” “plan,” “anticipate,” “estimate,” “predict,” “believe” and “expect” or the negative of these terms or other comparable terminology. These forward-looking statements are based on the Company’s expectations as of the date of this report and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations. Actual results could differ materially from those projected in the forward-looking statements as a result of the following factors, among others: (i) the conditions set forth in the MOU may not be satisfied; (ii) the MOU may be terminated; and (iii) the Company and the County of Maui may not enter into the proposed transaction pursuant to the terms of the MOU or at all. Given these uncertainties, the Company cautions investors and potential investors not to place undue reliance on such statements. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect future events or circumstances or to reflect the occurrence of unanticipated events.