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So, you may ask why would the Waikoloa Foundation be in support of this development project, and I think you've heard a couple of times from John Plunkett speaking earlier that the answer is as president of the foundation, and a principle, I have convinced the partners of Waikoloa Land Company to commit a portion of the gross sales proceeds from each timeshare unit back to the Waikoloa Foundation. This would equate to an astonishing $50 million over the course of this project. This unprecedented commitment from Waikoloa Land Company will be a covenant that commits the future project developer to continue upholding this lasting promise to the Community. This monumental endowment will be used for many initiatives to help our community.Not only within Waikoloa Beach Resort but islandwide as well, well. Just a few of the initiatives that we are so proud to announce if Kumu Hou is approved, are that we will fund and facilitate the conversion of drought-tolerant,brackish water-tolerant native plant species throughout the resort's common area. We will help fund and facilitate the long-term plan to protect our beaches and the ancient fish ponds that may be threatened by rising sea levels. The Foundation will be a prime supporter of the destination management action plan or D Map, as you know it, offering resources to help manage tourism in a very responsible and regenerative manner. We will continue work, the work within the resort to facilitate the preservation and education of our precious cultural sites, and we will work on the enhancement of parks within the community to help support the families that will come as a result of the new proposed workforce rental housing project tied to the Kumu Hou approval. We will work to assist and integrate the workforce community and their families into the greater Waikoloa community. I cannot think of a more worthy cause for the Foundation than working hand in hand with our hardworking employees and their families. In building a more vibrant and sustainable community not only meets the needs of our visitors, but with it with this approval, can now welcome our employees as residents to enjoy the same gathering place that we have become known for. This is the cornerstone in which my father built Waikoloa and in which I will continue. And one initiative that I am particularly excited about and have already started working on, is the plan conversion of the Parker ranch recreation building located near Lava Lava Beach Club into the Waikoloa Discovery and Cultural Center. We are thrilled to transform the space back into the community hub at once was. Now, with renewed purpose and service of the Foundation's mission, we will preserve it into perpetuity. The Parker Ranch building will be the new home for programming, education, and historic preservation of the rich cultural heritage at Waikoloa and the surrounding area. My father's legacy was to be a steward of these lands through creating this spectacular resort. I sincerely hope my legacy will be to steward the Foundation, which will care for the community, its people and the organizations that perpetuate the foundations vision which is the safe--to safeguard the precious cultural and environmental attributes that make Hawaii unique. I am privileged to work hand in hand with my newly appointed advisory board members who will guide our activities, thanks to their diverse experience and perspectives as it relates to the needs of our local community. 18 EXHIBIT D