Callouts & quotes from 439+ activist slides

"ACAS' net return to shareholders has been poor compared to other BDCs"

"Defining "client" by referencing related clients is a poor definition"

"We believe Leidos’ shares represent an incredibly poor risk / reward."

"Glass Lewis has rated AOL's compensation program structure as "Poor.""

"Poor Operating Results + Bad Capital Allocation = Value Destruction"

"Ms. Egan has a track record of endorsing poor governance practices."

"To the extent RINO has a reputation among steel mills, it is poor"

"Kao's Curél brand displayed with poor shelf space and no signage"

"Unfortunately P&G's M&A track-record has historically been poor"

"Hong Kong’s rich-poor gap is Asia’s widest according to UN data"

"Poor asset utilization -> unnecessary capex & increased opex"

"Box has suffered from poor operating performance for years"

"Have similarly situated businesses performed as poorly?"

"$10 Billion in Misallocated Capital Is A Poor Choice"

"Masking Poor Organic Growth With Destructive M&A?"

"The Board Has Enabled Poor Corporate Governance"

"Hess's consistently poor returns..."

"Kao’s brands have poor distribution"

"Poor Discipline Complacent Culture"