CONSTRUCTION UPDATE; We hope you and your loved ones are staying safe and healthy. It’s been a busy time for our Ililani ʻohana, we are happy to report that we have completed the following: Demolition Archeological pre-excavation Soil remediation Test piles We have also obtained our first round of permits, and expect to begin construction in early 2021. We will keep you updated on our progress and look forward to making our mark in Kakaʻako. ADAPTING TO CHANGING TIMES As we navigate through these unprecedented times, this is a good opportunity for us to rethink home. For our Ililani ʻohana, this means redesigning some of our spaces to adapt to changing times as part of our COVID-19 action plan. Our goal is to keep residents safe and give them more flexibility while working from home. Here’s a look at some of the features: SANITATION THROUGHOUT THE BUILDING: We will keep mobile hand sanitizer stands on-site and will place them in common areas for residents to use as needed. PORTABLE AIR FILTERS FOR THE CORRIDORS: We will also have air filtration units to deploy in all indoor public spaces as needed to help address/reduce airborne pathogens. OPERABLE WINDOWS THROUGHOUT THE UNITS: In addition, all living areas and bedrooms will have operable windows to allow for plenty of clean air circulation. A LANAI FOR EVERY UNIT: When it’s time to take a break, residents can always step outside while maintaining a safe distance from their lanai, which is available in every unit at Ililani. Our lanai features glass panels to create an outdoor extension of your living room, with plenty of room for a table and chairs, so residents can enjoy their morning coffee al fresco or move their office outdoors for the day. MULTIPLE ELEVATOR ACCESS POINTS: To help with social distancing, we will provide residents with several access points to get to their car in the parking garage. This will help residents and guests avoid tightly packed crowds as they wait for the elevator. OUTDOOR RECREATION SPACE: Maintaining a healthy lifestyle is more important than ever, which is why we are making it easy for residents to get their daily workout. All they have to do is head downstairs. Our outdoor fitness areas allow residents to stay fit and maintain an active lifestyle from home while taking in some much-needed fresh air. DIVIDED WORK-FROM-HOME LOUNGE: This space features multiple lounge areas that can be divided into separate units when you need privacy or combined into a larger gathering area. Whether it’s finding a quiet room to take a Zoom call or a conference space to host a meeting, this lounge allows residents to stay productive at home. NEW RENDERINGS We have posted several new renderings on our website, including a preview of our work-from-home lounge and multipurpose areas. Be sure to check them out at www.ililanisales.com, you can also schedule a digital appointment with our sales associates for a customized digital tour.

Today (September 4, 2020), the developer of the new Ililani condominium tower in Kaka’ako released an additional 32 new affordable units to be offered for sale to the public. There are 31 two-bedrooms ranging in price from $578,100 to $649,100, and 1 one-bedroom priced at $333,600. The tower will offer 328 fee-simple residences, 197 of which will be offered as affordable housing units to owner-occupants who meet all of the requirements of Hawai`i Housing Finance & Development Corporation (“HHFDC”) and 131 market-priced units. Ken Chang, the developer of the Ililani Project states “the additional units for sale are a sign of our commitment to providing affordable housing for the local community”. The development team has incorporated features at Ililani to address concerns that buyers have about social distancing and sheltering in place. Every unit will have an open lanai Incorporating Hand Sanitizing Stations throughout the building Multiple lobby access points to minimize close proximity in the public areas of the building E-lounge expanded to increase privacy when working from home Large outdoor recreation deck with partitioned spaces and outdoor exercise areas. Community gardens To learn more about this exciting offering visit https://ililanisales.com/affordable-housing/. About Ililani Located at 615 Keawe Street, Ililani is the newest addition to Kaka’ako! Just two blocks from SALT at our Kaka’ako and less than a mile to world-famous Ala Moana Beach Park, Ililani offers the convenience of urban living, while amenities such as a community garden and BBQ grills allow residents to grow their own fruits and vegetables and entertain guests outdoors. Ililani: Fast facts 42-story tower 328 total units 197 affordable, 131 market 8 units per floor One- and two-bedroom units Parking garage Building features Pet-friendly! Lobby with reception desk Parking garage 24-hour security Private ride share fleet of Ililani-owned cars Car wash area Dog wash area Bicycle and surfboard storage with workshop Workspace and lounge with flatscreen TVs Multipurpose room for parties, fitness and events Barbecue grills Splash pool Outdoor cinema experience Community gardens with citrus grove, flower garden, herb and vegetable farm Lawn activities Home features A range of ocean, mountain or city views All units have a lanai Split air conditioning systems Washer and dryer in each unit GE and Samsung appliances Kitchens and bathrooms feature quartz countertops Wall-to-wall carpeting and luxury vinyl tile Ownership information Qualified Housing Agency: HHFDC Qualified Housing Type: HHFDC Affordable for sale Area Median Income (AMI): 0%-140% Buyback Period: 10 years Other Required Programs: Shared Appreciation Equity Ready to get started? Visit the https://ililanisales.com/ to set up a virtual tour, or contact your REALTORⓇ.

ABOUT THE DEVELOPER: MEET THE CHANG FAMILY Ililani Condominiums brings together three generations of architects from the Chang family of Oʻahu. Brothers Ken and Henry Chang, who are both graduates of Punahou School, began their careers as young architects working in their father’s firm, Sam Chang Architect & Associates. Their father partnered with famed Hawai‘i architect Vladimir Ossipoff on several projects, including Honolulu International Airport (now Daniel K. Inouye International Airport). Growing up, Ken recalls hearing his father and Ossipoff talk about outdoor living and the importance of the lanai and how it is a cornerstone in the Hawai‘i way of life, which is why all units in their 42-story building feature a lanai. Guided by the spirit of their parents, Pauline and Sam Chang, Ken, Henry and Ken’s son Garrett are committed to building well-priced, quality homes for local families.

NEW BUSINESSES OPEN IN KAKAʻAKO As businesses on Oʻahu slowly expand hours and services, there are some new additions in the neighborhood, all of them within walking distance from Ililani.

BUY ONE, FEED ONE HAWAII IN KAKAʻAKO As businesses continue to reopen in Kakaʻako, many restaurants and other dining establishments are taking part in the Buy One, Feed One Hawaiʻi campaign (#BOFOHawaii). The campaign encourages anyone dining out to purchase a meal for someone impacted by the financial fallout of the COVID-19 pandemic. For each purchase you make at a participating restaurant, Kamehameha Schools will donate the same amount of cash to Hawaii Foodbank. Participating restaurants include most restaurants at SALT at Our Kakaʻako, E.A.R.L Sandwich, Sun Tea Mix, and H Mart on Keawe Street, and This Is It Bakery & Deli on Cooke Street. To see a full list of restaurants and details on how to participate, visit www.buyonefeedone.com.