On February 05, 2024, JANA Partners announced that it has issued the following statement regarding Frontier's announcement that its board of directors and management team are executing a formal and comprehensive review process of all opportunities to unlock shareholder value. JANA Partners said that we are enthusiastic about the Company's continued business momentum and potential for shareholders. JANA Partners support the Company's focus and review of all opportunities to unlock shareholder value and are confident in the board and management team's ability to do so.