2018 SUMMIT AGENDA

• Kenneth Squire, Founder and President, 13D Monitor/13D Activist Fund

• 
  Squire

• Jeffrey C. Smith, Managing Member and the Chief Executive Officer & Chief Investment Officer, Starboard Value

• 
  Smith

It is universally recognized that women and other minorities are under-represented on corporate boards. There is no investor group in the marketplace who is responsible for placing more corporate directors on boards than activists. On this panel, hear from advisors who routinely advise activist investors on how they consider diversity in evaluating corporate boards and advising activists when they are constructing their dissident board slates.

• Adel Aslani-Far, Partner, Latham & Watkins (Moderator)
• Bruce Goldfarb, President & Chief Executive Officer, Okapi Partners
• Steve Wolosky, Partner, Olshan Frome Wolosky

• 
  Aslani-Far
• 
  Goldfarb
• 
  Wolosky

• Clifton S. Robbins, Chief Executive Officer, Blue Harbour Group

• 
  Robbins

Panelists will discuss their experience on boards in the wake of activism. They will describe the incumbent directors’ attitude toward them, how it evolved, their role in shaping the board’s strategy, and lessons they learned - a rare glimpse into the activist-populated boardroom.

• Steven A. Seiden, President, Seiden Krieger Recruiters (Moderator)
• Wendy Lane, Chairman, Lane Holdings, Inc.
• Randy Thurman, Senior Advisor, BC Partners
• Michael Christodolou, Founder and Manager, Inwood Capital Management

• 
  Seiden
• 
  Lane
• 
  Thurman
• 
  Christodolou

Trian is one of the most prolific activist investors who successfully won a seminal and confrontational proxy fight with Heinz over 10 years ago. Trian’s engagement at Heinz has been viewed by activists as well as corporate advisors as an example of long term value creation for stockholders. Hear from senior members of Trian as well as the former CFO of Heinz who has since become a member of several Trian boards and slates.

• Donna F. Anderson, Vice President and Head of Corporate Governance, T. Rowe Price (Moderator)
• Josh Frank, Senior Analyst and Partner, Trian Partners
• Matt Peltz, Senior Analyst and Partner, Trian Partners
• Arthur Winkleblack, Member of the Board, Church & Dwight Co., Performance Food Group and The Wendy’s Company; Retired EVP & CFO, HJ Heinz

• 
  Anderson
• 
  Frank
• 
  Peltz
• 
  Winkleblack

• Martin Lipton, Partner, Wachtell, Lipton, Rosen & Katz
• David A. Katz, Partner, Wachtell, Lipton, Rosen & Katz

• 
  Lipton
• 
  Katz

Very rare, especially for large-cap companies like Procter & Gamble, a snake pit is used by participants in a proxy-fight to describe the process of investigating contested votes when the votes are too close to call. This panel will explain the technical process and procedures that must be employed in a very close and contested proxy fight, and discuss their first-hand experience navigating the snake-pit.

• Michael E. Swartz, Partner, Schulte Roth & Zabel (Moderator)
• Daniel H. Burch, Chief Executive Officer, Mackenzie Partners
• Scott Winter, Managing Director, Innisfree

• 
  Swartz
• 
  Burch
• 
  Winter

• Mick McGuire, Founder and Managing Partner, Marcato Capital Management

• 
  McGuire

• Paul Hilal, Founder and CEO, Mantle Ridge LP
• Patricia Olasker, Partner, Davies Ward Phillips & Vineberg LLP

• 
  Hilal
• 
  Olasker

Top activist investors each discuss an investment idea.

• David Seaburg, Managing Director and Head of Sales Trading, Cowen and Company and CNBC Fast Money Contributor (Moderator)
• Alexander Denner, Chief Investment Officer, Sarissa Capital Management
• Chris Kiper, Managing Director, Legion Partners Asset Management, LLC
• James Mitarotonda, Chairman and CEO, Barington Capital Group, L.P.
• Glenn Welling, Founder and Chief Investment Officer, Engaged Capital

• 
  Seaburg
• 
  Denner
• 
  Kiper
• 
  Mitarotonda
• 
  Welling

Seasoned advisors will discuss topical issues pertaining to shareholder activism, including: How activists are challenging M&A deals that have been announced, overall confidence of management teams in their own strategies, the latest ESG trends, abuse of the litigation process, the universal ballot and the use of poison pills.

• Monika Driscoll, Partner, Brunswick Group (Moderator)
• Adel Aslani-Far, Partner, Latham & Watkins
• Jonathan Feldman, Partner, Goodmans LLP
• Eleazer Klein, Partner, Schulte Roth & Zabel
• Jeffrey L. Kochian, Partner, Akin Gump Strauss Hauer & Feld LLP

• 
  Driscoll
• 
  Aslani-Far
• 
  Feldman
• 
  Klein
• 
  Kochian

• Keith Meister, Managing Partner, Corvex Management

• 
  Meister

JANA and CalsTRS will discuss their letter to Apple, urging the company to address the issue of iPhone addition among children. As ESG moves front and center, JANA will describe their new impact investing fund and how it complements their longstanding work in the space, and CalSTRS will address their increasing commitment to social responsibility which has been reflected in recent investments.

• Svea Herbst-Bayliss, Senior Correspondent, Thomson Reuters (Moderator)
• Aeisha Mastagni, Portfolio Manager, California State Teachers’ Retirement System
• Charles Penner, Partner, JANA Partners LLC

• 
  Herbst-Bayliss
• 
  Mastagni
• 
  Penner

• Cristiano Guerra, Head of Special Situations Research, Institutional Shareholder Services (ISS)
• Andrea Rose, Partner, Joele Frank, Wilkinson Brimmer Katcher

• 
  Guerra
• 
  Rose

This session will provide valuable insight from important institutional investors regarding how they view activist situations and corporate governance issues and will explore the changing nature of engagement between institutional investors, activists and issuers.

• Chris Young, Managing Director, Credit Suisse (Moderator)
• David Batchelder , Co-Founder, Relational Investors LLC
• Michelle Edkins, Managing Director, Global Head of Investment Stewardship, BlackRock

• 
  Young
• 
  Batchelder
• 
  Edkins

• William A. Ackman, Founder and Chief Executive Officer, Pershing Square Capital Management
• Kenneth Squire, Founder and President, 13D Monitor/13D Activist Fund

• 
  Ackman
• 
  Squire