On January 23, 2024, Trian Fund Management, L.P announced that in response to inquiries from shareholders of The Walt Disney Company relating to the involvement of Trian Fund with the Company, representatives of Trian have responded, and may in the future respond, with the statements from time to time. Trian Fund expressed that as a large shareholder of the Company it interested in the long-term success of the Company and excited about the opportunity to represent the interests of all shareholders in the boardroom. Trian Fund also stated that its nominees, Nelson Peltz and Jay Rasulo, are dedicated, experienced, and positioned to help address the Company?s considerable challenges and Trian Fund encouraged the shareholders to learn more about its efforts at www.RestoreTheMagic.com.