On January 4, 2023, Impactive Capital Master Fund LP announced that it has sent a letter to Envestnet Inc, nominating Wendy E Lane, Thomas C Naratil, Michael J Stanton and Lauren Taylor Wolfe for election to the Company board at the Company?s 2023 annual meeting of shareholders. In addition, Impactive Capital announced that it intended to file a preliminary proxy statement with SEC to solicit votes for the election of its slate of director nominees at the 2023 annual meeting of stockholders of the Company.