Page 1

NEWS RELEASE Contact : Wade K. Kodama wkodama@kapalua.com MAUI LAND & PINEAPPLE REPORTS 3nd QUARTER 2021 RESULTS Exhibit 99.1 KAPALUA RESORT , Hawaii , November 4 , 2021 ( BUSINESS WIRE ) -- Maui Land & Pineapple Company , Inc. ( NYSE : MLP ) reported net loss of $ 0.1 million , or $ ( 0.01 ) per share , for the third quarter of 2021 , compared to a net loss of $ 0.6 million , or $ ( 0.03 ) per share , for the third quarter of 2020. Total operating revenues of $ 2.4 million and $ 1.7 million were recognized during the three months ended September 30 , 2021 and 2020 , respectively . For the nine months ended September 30 , 2021 , the Company reported net income of $ 0.8 million , or $ 0.04 per share , compared to a net loss of $ 1.9 million , or $ ( 0.10 ) per share , for the nine months ended September 30 , 2020. Total operating revenues of $ 9.4 million and $ 5.4 million were recognized during the nine months ended September 30 , 2021 and 2020 , respectively . # # # Additional Information Additional information with respect to Maui Land & Pineapple Company , Inc. and our operating results will be available on our Form 10 - Q filed with the Securities and Exchange Commission and our website www.mauiland.com . About Maui Land & Pineapple Company , Inc. Maui Land & Pineapple Company , Inc. develops , sells , and manages residential , resort , commercial , agricultural and industrial real estate . The Company owns approximately 23,000 acres of land on Maui and manages properties , utilities , and a nature preserve at the Kapalua Resort .