On March 28, 2024, The Walt Disney Company announced that it has urged the shareholders to protect their investment and the future of the Company by making sure their votes are in support of only Company 12 nominees and not the Blackwells Capital LLC nominees at the 2024 annual meeting of shareholders. In addition, the Company stated that it has made substantial progress to make its business more efficient and effective, including a sharpened focus on its brand and franchise assets, a continued commitment to cutting costs and declaring dividend payments for January and July of 2024, this strategic transformation is working, as evidenced through the 34% year-to-date increase in Company stock price, outpacing both peers and the S&P, and the board and management remain focused on this building plan to create superior, sustainable shareholder value.