734 Investors, Trafelet Capital and Alico Inc (NASDAQ:ALCO)

NAME OF
REPORTING PERSON

734 Investors, LLC

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP

(a)  ☐        (b)  ☒

SEC USE ONLY

SOURCE OF FUNDS

Not applicable

CHECK BOX IF DISCLOSURE OF LEGAL
PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

☐

CITIZENSHIP OR PLACE OF
ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

3,200,405 ⁽¹⁾

SHARED VOTING POWER

-0-

SOLE DISPOSITIVE POWER

3,200,405 ⁽¹⁾

SHARED DISPOSITIVE POWER

-0-

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,200,405 ⁽¹⁾

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES

☐

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

42.97%
⁽²⁾

TYPE OF REPORTING PERSON

OO (Limited Liability Company)

Includes 20,000 shares of Common Stock owned by George R. Brokaw. Mr. Brokaw has entered into an agreement
with 734 Investors, LLC to vote these 20,000 shares as directed by 734 Investors, LLC. The agreement also restricts Mr. Brokaws ability to sell these 20,000 shares except pro rata with sales by 734 Investors, LLC. 734 Investors, LLC
disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein.

The percentage of shares of Common Stock was determined using a denominator of 7,447,723 shares of Common Stock
outstanding calculated on the basis of 8,199,957 shares of Common Stock outstanding as of August 31, 2018, as per the Issuers Schedule TO, filed September 5, 2018, minus the 752,234 shares of Common Stock accepted for repurchase
pursuant to the tender offer, as disclosed in the Amendment No. 3 to Schedule TO filed by the Issuer on October 9, 2018.