Callouts & quotes from 516+ activist slides

"For years, ALL directors had overlooked numerous concerning conflicts among Board members."

"Hess needs directors that (1) will acknowledge issues, and (2) are capable of fixing them"

"Newly added directors added over the last four years ALL lack relevant industry expertise"

"We believe the Board ignored obvious interconnects among its most long-tenured directors."

"For years, ALL directors had overlooked numerous concerning conflicts among its members."

"With the election of our two highly qualified directors, I believe we can do just that."

"We are nominating directors who, if elected, would represent a majority of the Board."

"FMCN really cannot find qualified directors with at least two degrees of separation?"

"Starboard reconstituted the Board with directors who guided a successful turnaround"

"Pershing Square and SPARC Directors will not receive conventional sponsor incentive"

"BlackRock shareholders expect climate-competent, not climate-conflicted, directors"

"From these candidates, Oasis is nominating 5 Independent Directors to Kao’s Board."

"How have External Directors established the sufficiency of marketing spend at Kao?"

"Management and directors awarded $540 million while underperforming peers by 460%"

"Trian continues to believe that Lazard should de-classify its board of directors"

"Mr. Gallogly is uniquely qualified to serve on the Huntsman Board of Directors."

"Half of P&G’s existing Directors were on the Board for all 3 CEO transitions"

"Kao’s outside directors lack real and recent overseas operational experience"

"Starboard entirely reconstituted Darden’s Board with experienced directors."

"Some of the “independent” directors appear to us independent in name only."

"We believe the Arconic Board size of 13 should be reduced to 11 directors"

"All directors are independent of the Manager other than Nicholas Botta"

"Glencore consistently lags in value creation — Teck Board of Directors"

"This is an election is about choosing the best directors for Target"

"All directors are independent of Manager other than Nicholas Botta"

"ISS has consistently recommended WITHHOLD votes on Box’s directors"

"All directors are independent of Manager other than Nicholas Botta"

"BlackRock Board of Directors' misconstrued statement in opposition"

"BlackRock Board of Directors' misconstrued statement in opposition"

"All directors are independent of Manager other than Nicholas Botta"

"All directors are independent of Manager other than Nicholas Botta"

"Result: Placed Approximately 142 Corporate Directors on 45 Boards"

"Kao’s Outside Directors lack industry expertise."

"Hess Needs Directors That Are Independent"

"~365x the shares of ARNC's directors"

"Elect 5 new directors"