SUMMIT AGENDA

Ken Squire is the Founder and President of 13D Monitor and the Founder, Chief Investment Strategist and Portfolio Manager of the 13D Activist Fund.

13D Monitor is the premier subscription research service specializing in the analysis of activist investors' 13D filings and following the broader shareholder activist community. Squire has focused exclusively on following shareholder activism and corporate governance since 2006 and is a leading commentator in the industry. He is frequently quoted in the Wall Street Journal and other financial publications, and his weekly column The Activist Spotlight was featured in Barron's from 2007 to 2020. He is now a CNBC Contributor and The Activist Spotlight column can be read on CNBC.com.

In 2010, Squire created the annual Active-Passive Investor Summit, a forum that brings together the entire activist investor and corporate governance community and provides top activist investors a platform to present their best investment ideas.

In 2012, Squire founded the 13D Activist Fund, an event-driven mutual fund that focuses on investing in opportunities identified in 13D filings. Squire is the founder, chief investment strategist and portfolio manager. The Fund was the first of its kind, providing both individual and institutional investors diversified, liquid and low-cost access to the most compelling activist investments in this asset class. Following the success of the 13D Activist Fund, Squire launched a hedge fund for larger institutional investors. This private investment vehicle invests alongside, and with the same strategy, as the 13D Activist mutual fund.

In 2021, Squire created the AESG™ investment category, an activist investment style focused on improving ESG practices at companies.

Prior to starting 13D Monitor, Squire was a private equity investor as a principal of LSC Investors and Crown Capital Group, where he worked on analyzing, making and managing various investments in public and private companies. Prior to that, he was an associate in the Corporate and Securities Department at Weil, Gotshal & Manges LLP in their New York office. Squire holds a B.S. with a concentration in finance from New York University's Stern School of Business and a J.D. from New York University's School of Law where he was an editor of the Law Review.

Bruce H. Goldfarb is President and Chief Executive Officer of Okapi Partners, the proxy solicitation and investor response firm. Bruce works extensively with corporations and investors focusing on investor response strategy and execution for contested election campaigns, mergers and acquisitions, corporate governance matters, investor engagement campaigns, and other extraordinary situations.

Prior to establishing Okapi Partners, Bruce was the Senior Managing Director and General Counsel of Georgeson Inc. (now a subsidiary of Computershare Limited), where he headed the Global M&A Advisory Group.

Before entering the proxy solicitation business, Bruce was a Senior Vice President of the investment management firm, Scudder, Stevens & Clark, which is now a part of DWS Group. At Scudder, he was a member of the Legal Department and served as Chairman of the Firm’s Proxy Review Committee.

Bruce practiced corporate law with Cravath, Swaine & Moore for more than six years, where he specialized in mergers and acquisitions, securities transactions and international matters.

Bruce is a current member of the Board of Visitors of the Columbia University School of Law, the Advisory Board of the Ira M. Millstein Center for Global Markets and Corporate Ownership, and the Board of Advisors of the NYU Law School Institute for Corporate Governance and Finance. He was previously a member of the Council of Institutional Investors Market Advisory Council and the Advisory Board of the Harvard Law School Program on Corporate Governance. Bruce also serves as a member of the Board of Trustees of the not-for-profit Signature Theatre Company.

Jay Frankl is a Managing Director with Alvarez & Marsal Disputes and Investigations and leader of the Shareholder Activism and Contested M&A practice. He focuses on assisting management teams and boards of directors with developing and executing on strategies designed to maximize shareholder value, particularly in situations where vulnerabilities become apparent.

Jennifer Longhurst is a partner in McCarthy Tétrault’s M&A and Corporate Governance Groups, and is Co-leader of the firm’s Critical Situations & Shareholder Activism Group. Recognized by Chambers and Partners as an industry leader, Jennifer is distinguished for her work advising business leaders, boards of directors, special committees and investors on complex M&A transactions, shareholder activism, special situations and corporate governance matters.

To maximize value and drive successful outcomes, Jennifer delivers integrated, judgment-based advice to assist both public market issuers and investors. Her practice spans the full spectrum of activism-related situations, including in corporate governance issues and disputes, proxy contests and solicitation campaigns, unsolicited M&A proposals, activist campaign strategies, securities compliance issues, insider trading and reporting and securities regulatory proceedings and investigations.

Her extensive practice knowledge is matched by expertise across key Canadian industries, including, metals and mining, energy and natural resources, heavy industries, financial services, real estate, pharmaceuticals, private equity, telecommunications and retail and consumer markets, making her a trusted advisor on strategic and legal issues and broader business concerns.

Jennifer is known for her ability to navigate high-stakes negotiations, with particular expertise in complex activist situations and global and cross-border transactions. She has advised on many of the most high-profile Canadian and international public M&A transactions and proxy contests. She also regularly counsels on corporate governance, securities law, and public reporting, offering clients a 360-degree perspective on their most pressing matters.

In addition to her practice experience, Jennifer is active in the business community as a thought leader, educator, and representative on industry committees and boards. She is a frequent speaker, author, and regular contributor to industry periodicals, as well as conferences and events. Recently, Jennifer co-authored “Anticipating and Responding to Shareholder Activism: An IRO’s Guide” which was featured in IR Leader, a publication of the Canadian Investor Relations Institute (CIRI). She is also a past adjunct professor of corporate transactions at Osgoode Hall Law School’s Professional Development LLM program and a frequent adjunct instructor of the Osgoode Professional LLM Governance, Activism and M&A conferences. Jennifer is a past Chair of the Ontario Securities Commission’s Securities Advisory Committee, a member of American Bar Association’s Corporate Governance and M&A Committees and the Canadian and Ontario Bar Associations’ Corporate Governance Committees, and a member of the Board of Directors of The Walrus.

Lex serves as CEO of Edelman Smithfield, a financial communications boutique within Edelman that specializes in activism defense, M&A and capital markets transactions, restructuring, and IR as well as communications support for the investment community. Lex personally focuses on advising Boards and management teams on strategic communications programs during high pressure and transformational situations.

During a two-decade career in the industry, Lex has advised on some of the most high-profile corporate transactions, proxy fights, IPOs and crisis situations. Lex has provided counsel to companies across industries through all stages of activism defense involving the full range of activist investors including Elliott Management, Starboard, Ichan Associates, JANA, Third Point, Trian, ValueAct, Engaged, Engine, D.E. Shaw, Barington, and Pershing Square, among others. Lex has a particular passion for helping companies ensure their plan is best positioned to create shareholder value, and helping companies communicate that plan in a compelling manner.

Leveraging Edelman’s breadth of services, Lex has led hundreds of transaction assignments that deploy fully integrated communications campaigns to win support from all stakeholders. He has also advised dozens of Boards on positioning strategy for CEO transitions, crisis situations, independent investigations, and other issues that impact investor trust.

Lex is a frequent speaker and author on reputation strategy, IR best practices and governance trends. Prior to joining Edelman Smithfield, Lex was a Managing Director at Abernathy MacGregor. Lex has an MBA from Harvard Business School and an AB from Harvard College.

Changhwan Lee is the Founder, Chief Executive Officer, and Chief Investment Officer of Align Partners Capital Management, which he established in 2021. At Align, Mr. Lee has led shareholder engagement campaigns at SM Entertainment; seven publicly listed Korean banks (KB Financial, Shinhan Financial, Hana Financial, Woori Financial, BNK Financial, DGB Financial, and JB Financial); Doosan Group, Coway, STIC Investments, SOLUM, Gabia, Dentium, DB Insurance, and A Plus Asset Advisor.

Prior to founding Align, Mr. Lee was an investment professional in KKR's Korea Private Equity team, where he worked on several private equity investments, including Oriental Brewery and KCF Technologies (now SK Nexilis). Previously, he worked in the Investment Banking Division at Goldman Sachs in Seoul, advising public and private companies in Korea on mergers and acquisitions. 

Mr. Lee received a Bachelor of Business Administration, summa cum laude, from Seoul National University.

Bill Dooley is Managing Director, M&A and Activism at Sodali & Co, where he advises management teams and boards on shareholder activism defense, corporate governance, and M&A. With more than 15 years of experience, Bill works closely with Sodali’s clients to develop investor engagement strategies, monitor shifts in their shareholder base, and strengthen their activism preparedness protocols and strategy.

Bill advises domestic and multinational corporations across all market capitalizations. He helps clients understand their shareholder profile from a voting-control perspective, identify potential vulnerabilities, and assess the implications of contested situations and strategic transactions.

Bill has recently advised on transformative M&A transactions, including Union Pacific/Norfolk Southern, Magellan Midstream/ONEOK, and Capital One/Discover, as well as a number of high-profile contested situations, including Southwest Airlines/Elliott, Kenvue/Starboard, Hasbro/Alta Fox, Lululemon/Chip Wilson, and Freshpet/JANA Partners.

• Rich joined Jefferies in 2025, after nearly two decades at Lazard, where he was a senior leader in Capital Markets Advisory and led the firm’s global efforts advising boards and management teams on shareholder engagement and activism defense strategies

• Rich has advised companies through some of the most complex and high-profile shareholder situations. His deep experience and trusted relationships position him to help our clients navigate an increasingly dynamic activism landscape

• His clients range from some of the largest public companies in the U.S. and Europe to companies at all stages of their public company journey  

• Prior to Lazard, Rich served as a Captain in the U.S. Army’s 173rd Airborne Brigade, based in Italy, and deployed to Iraq and the Balkans. He brings exceptional leadership and discipline to his client engagements

• Rich holds an MBA from Harvard University and dual bachelor’s degrees in Mathematics and Mechanical Engineering from the United States Military Academy

Sebastian Tiller is Head of Vinson & Elkins’ Strategic Mergers & Acquisitions practice. Sebastian represents corporations, private equity firms and financial advisers in a range of mergers & acquisitions transactions and corporate governance matters. He has deep experience representing public and private companies in multi-billion dollar strategic mergers & acquisitions and has closed high-profile transactions in the financial services, technology, energy and consumer goods industries, among others.

Felipe Ucrós advises companies on strategy and communications matters related to investor relations, M&A, activism planning and defense, litigation and issues management.

Felipe has worked on financial communications and investor relations assignments for companies including IBM, Baxter International, Bristol-Myers Squibb, and Duke Energy, among others. Highlights of his transaction experience include advising The Walt Disney Company on its acquisition of 21st Century Fox assets, 3G Capital’s $7.1 billion acquisition of Hunter Douglas and $9.4 billion acquisition of Skechers, IBM in its acquisitions of HashiCorp and Confluent, Cargill and Continental Grain on their $4.5 billion acquisition of Sanderson Farms, and Dunkin’ Brands’ sale to Inspire Brands for $11.3 billion. His activism defense experience includes advising clients on engagements with Elliott Management, Starboard Management, Jana Partners, Anson Funds and Irenic Capital, among others.

Felipe leads the firm’s Investor Relations practice and assists companies with equity narrative development, in-depth investor surveys and benchmarks, and managing difficult disclosures. Felipe also regularly advises companies with the planning and development of investor days.

His issues management and litigation experience includes supporting Wayne-Sanderson Farms in antitrust litigation in Illinois, and Marriott International in the disclosure of the cyber breach of the Starwood reservation database. At a prior firm, he supported BP’s litigation communications matters following the Deepwater Horizon accident and spill. He also assists public and private companies with litigation communications, legal settlements and government enforcement actions.

Felipe helped establish Gladstone in 2017 after earning an MBA at Columbia Business School. While at Gladstone, he has been named to PR Week and the National Investor Relations Institute’s (NIRI) 40 under 40 lists. Felipe started his career at Brunswick Group. He graduated summa cum laude from New York University with bachelor’s degrees in History and Communications Studies. Felipe’s mother tongue is Spanish. When he’s not injured, he spends his free time running or cycling. Felipe lives in New York with his wife and son.

Larry W. Miller is a Senior Managing Director of Innisfree M&A Incorporated. Mr. Miller focuses on providing strategic advice in M&A transactions, proxy contests, and annual and special shareholder meetings, and also counsels clients on compensation and corporate governance issues.

Prior to joining Innisfree, Mr. Miller was a litigator with Cravath, Swaine & Moore representing both issuers and dissidents in proxy contests and M&A transactions. After Cravath, Mr. Miller served as a Justice of the Supreme Court of the Republic of Palau.

Mr. Miller earned a B.A. in philosophy, magna cum laude, from Amherst College, and a J.D., cum laude, from the New York University School of Law, where he was the Co-Editor-in-Chief of the Annual Survey of American Law.

Peter Feld is a Managing Member, Portfolio Manager, and Head of Research of Starboard Value LP. Mr. Feld has extensive public company board experience having served on boards through his role at Starboard Value. Prior to founding Starboard in 2011, Mr. Feld was a Managing Director and Head of Research at Ramius LLC for the funds that comprised the Value and Opportunity investment platform. Before joining Ramius in February 2005, Mr. Feld was an analyst in the Technology Investment Banking group at Banc of America Securities LLC.

Mr. Feld graduated from Tufts University, where he received a B.A. in Economics.

Lauren Taylor Wolfe is co-founder and Managing Partner of Impactive Capital, an active impact investing firm. Prior to founding Impactive Capital, from 2007 to 2017, Lauren was a Managing Director at investment firm, Blue Harbour Group. Prior to joining Blue Harbour in 2007, Lauren was a Portfolio Manager at SIAR Capital, where she invested in small capitalization public companies and private companies.

Lauren received an M.B.A. from The Wharton School at University of Pennsylvania and a B.S. Magna Cum Laude from Cornell University. Lauren has been active on various public and private boards including, $10 Bn TEV WEX, Inc [WEX], $4 Billion TEV Envestnet Inc [NYSE: ENV], $10 Billion TEV HD Supply [Nasdaq: HDS], the Center for Reproductive Rights, and 30% Club Steering Committee.

Nels Hansen is a partner in White & Case’s Corporate/M&A practice, based in Tokyo. He advises clients on complex public and private M&A, contested transactions, investments and joint ventures across the United States, Japan, Europe and Asia. His experience spans technology, media and telecommunications, energy and infrastructure, as well as private equity and venture capital.

Nels has significant experience advising both companies facing activist shareholder campaigns and engagement or activist hedge funds. This dual perspective enables him to help Japanese and international clients navigate shareholder activism, board governance and contested corporate situations in a cross-border context.

In addition to his transactional practice, Nels teaches “M&A and Strategic Alliances” at Keio Law School. He previously worked at Japan’s Ministry of Economy, Trade & Industry and the Research Institute of Economy, Trade & Industry. Nels is a member of the Tokyo Bar Association.

Nels will speak on the International Activism session, addressing developments from the 2026 proxy season, the outlook for 2027 and emerging legal, regulatory, and technology considerations for boards.

James Hawkins is a Partner and Head of the L1 Capital Catalyst Fund. James has run the Catalyst Fund since its inception in 2021. He is on the Investment Committee and oversees all activist initiatives.

Prior to joining L1 Capital, James spent nearly 10 years at Flagstaff Partners, where he was a Managing Director and Equity Partner who originated and executed M&A, equity and debt transactions. Previously, he worked at Macquarie Capital in Melbourne and New York where he was involved in a number of successful principal investments and a wide range of investment banking transactions after beginning his career at Clayton Utz as a solicitor.

James holds a double degree in Law and Commerce from Monash University, with Honours in Law.

One of Canada’s leading lawyers in shareholder activism and mergers and acquisitions, Patricia spearheads the activism practice of Davies Ward Phillips & Vineberg, advising both activists and issuers. As one of the country’s pre-eminent law firms, Davies has been involved in many high-profile activist campaigns in Canada, representing activists and investors including Elliott Management in relation to Suncor Energy, Turtle Creek in relation to Gildan Activewear, Riot Platforms in connection with Bitfarms Ltd., Pershing Square in connection with Canadian Pacific and Allergan/Valeant, Mantle Ridge in respect of CSX, Aramark and Dollar Tree, Legion Capital in respect of Primo Water, JANA Partners in respect of Agrium, MHR Fund Management in respect of Lions Gate, Oaktree Capital in respect of Rayonier/Tembec, and defending issuers including SunOpta Inc., TransCanada Corporation, Sherritt International, Telus Corporation, Slate Asset Management, Invest REIT, Turquoise Hill Resources, IAMGold Corporation and Aleafia Health. Patricia is a member of the Board of the Ontario Securities Commission. She is also an adjunct professor of law at Osgoode Hall Law School where she teaches advanced mergers and acquisitions.

In 2024, Patricia was awarded the Award of Excellence by Osgoode Hall Law School. She was named one of the leading female transactional lawyers in the world for 2023 by IFLR1000 and was honored as one of Canada’s Top 100 Most Powerful Women by WXN. She is recognized in Chambers Global: The World’s Leading Lawyers for Business as a Band 1 lawyer in Corporate/M&A and in the Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada in Corporate Finance and Securities; Corporate Commercial; and Mergers and Acquisitions. Patricia was named Toronto’s 2020 Lawyer of the Year in Mergers and Acquisitions Law by Best Lawyers in Canada, was honored with a Lexpert Zenith Award as one of Canada’s Leading Women Lawyers and was named among the Top 25 Most Influential Lawyers in Canada by Canadian Lawyer magazine.

Hiromi Yamaji is the Group CEO of the Japan Exchange Group, Inc. Since joining the group in June 2013, he has been leading several developments in the Japanese financial market as CEO of Osaka Exchange, Inc. (2013-2021) and CEO of Tokyo Stock Exchange, Inc (2021-2022). He now continues to lead several developments, of Corporate Governance reform, Interest rate market expansion, Electricity Power futures as Group CEO of the Japan Exchange Group, Inc (2023-).

Before joining the group, Mr. Yamaji had 36 years of experience specializing in investment banking and served as Executive Vice President, and Head of Global Investment Banking at Nomura Securities Co., Ltd. During his professional career, he worked in Europe and the US for 18 years and served as President and CEO of Nomura Europe Holdings plc in London, and Chairman of Nomura Holding America Inc. in New York.

He graduated from the Law Faculty at Kyoto University, and holds an MBA from the Wharton School at the University of Pennsylvania.

Rob Hale is Co-Chief Executive Officer of ValueAct Capital. Mr. Hale is a member of the firm’s Management Committee, leads the firm’s investing activities in Japan and serves as Co-Portfolio Manager of the ValueAct Japan Fund. He joined ValueAct in 2011 and has been a partner since 2014.

ValueAct Capital, established in 2000 and based in San Francisco, CA, is an investment firm managing over $10 billion on behalf of some of the world's largest institutional investors. ValueAct Capital's strategy is to invest in high quality companies with underappreciated growth opportunities, and to collaborate with boards and management teams to support their efforts to focus and transform. ValueAct Capital's own partners have built a track record serving on over 55 public company boards in North America, Europe and Asia.

Bruce H. Goldfarb is President and Chief Executive Officer of Okapi Partners, the proxy solicitation and investor response firm. Bruce works extensively with corporations and investors focusing on investor response strategy and execution for contested election campaigns, mergers and acquisitions, corporate governance matters, investor engagement campaigns, and other extraordinary situations.

Prior to establishing Okapi Partners, Bruce was the Senior Managing Director and General Counsel of Georgeson Inc. (now a subsidiary of Computershare Limited), where he headed the Global M&A Advisory Group.

Before entering the proxy solicitation business, Bruce was a Senior Vice President of the investment management firm, Scudder, Stevens & Clark, which is now a part of DWS Group. At Scudder, he was a member of the Legal Department and served as Chairman of the Firm’s Proxy Review Committee.

Bruce practiced corporate law with Cravath, Swaine & Moore for more than six years, where he specialized in mergers and acquisitions, securities transactions and international matters.

Bruce is a current member of the Board of Visitors of the Columbia University School of Law, the Advisory Board of the Ira M. Millstein Center for Global Markets and Corporate Ownership, and the Board of Advisors of the NYU Law School Institute for Corporate Governance and Finance. He was previously a member of the Council of Institutional Investors Market Advisory Council and the Advisory Board of the Harvard Law School Program on Corporate Governance. Bruce also serves as a member of the Board of Trustees of the not-for-profit Signature Theatre Company.

• Former Partner at JANA Partners (2005-2020) and former Partner and Head of Shareholder Activism at Engine No. 1 (2020-2021).

Professional Background

• Since 2022: Co-Founder and Managing Partner at Spectrum Entrepreneurial Ownership (SEO)

• 2018 to 2021: Partner of ENA Investment Capital in London, UK

• 2010 to 2018: Vice President at Cevian Capital in Pfäffikon, Switzerland

• 2009 to 2010: Consultant at Oliver Wyman

• 2007 to 2009: Analyst in Morgan Stanley’s Investment Banking Division

Board Mandates

• Since 2024: Member of the Board of Directors at Landis+Gyr

• 2024 to 2025: Member of the Board of Directors at u-blox

Academic Background

• Master’s degree in Business Administration from Johann Wolfgang Goethe University

• CFA charter holder

A German national born in 1981, Fabian is married with two children (age 10 and 8) and lives in Lachen, Canton Schwyz, Switzerland

Andrew Taylor is Co-founder, Partner and Head of Research at Carronade Capital, a ~$2.6b credit oriented special sits fund. Prior to joining the firm in May of 2020, Mr. Taylor was a Portfolio Manager at Elliott Management Corporation, where he worked from 2015 through 2020. In that role, he identified and managed several of Elliott’s distressed, private commitments of capital, private equity, and activist equity investments. While at Elliott, Mr. Taylor invested across a variety of industries, including energy, media and telecommunications and worked closely with Mr. Lyon and Mr. Rollins on several investments.

Before joining Elliott, from 2009 through 2015, Mr. Taylor was a Director in BlackRock’s Distressed Products Group and BlackRock Credit Alpha. Mr. Taylor led the oversight on the distressed and special situations portions of the portfolio and managed investments, including primary and secondary credit, distressed, and equity positions across numerous funds. Prior to BlackRock’s acquisition of R3, from 2006 through 2009, Mr. Taylor was a member of the investment team at R3 Capital Partners and prior to R3 spinning out of Lehman Brothers, Lehman Brother’s Global Principal Strategies. At R3 and Lehman Brothers, Mr. Taylor focused on distressed debt, event driven special situations and capital structure arbitrage.

Vik Ghei co-founded HoldCo Asset Management, LP in 2013 with Misha Zaitzeff, and serves as Co-CIO. The firm manages approximately $2.8 billion in regulatory assets under management as of December 31, 2025 and invests across asset classes including distressed debt, structured credit, and public equities, with an approach grounded in deep balance sheet analysis and downside protection. HoldCo often employs activism as both a risk management and value-creation tool, and has recently run public campaigns at Comerica Incorporated, Eastern Bankshares, First Interstate BancSystem, Columbia Banking System, and KeyCorp.

Prior to co-founding HoldCo, Vik held senior roles at investment firms, including as a Managing Director and Associate Portfolio Manager at Tricadia Capital Management and a Partner at Owl Creek Asset Management. He began his career at Goldman Sachs in the Financial Institutions Financing Group. Vik is a graduate of Columbia University, where he received his BA with Honors in Economics.

Daniel H. Burch is the Chairman, CEO and co-founder of MacKenzie Partners, Inc.; responsible for developing and implementing strategies and campaigns for clients involved in proxy contests, tender offers, mergers, financial restructuring and other complex corporate transactions. His particular focus is also on shareholder activism and corporate governance. He has led MacKenzie’s efforts on behalf of its clients in campaigns in North America and Europe for the past 30 years. Mr. Burch previously served as director of corporate development for a major NYSE listed real estate company.

He is a member of the Society for Corporate Governance and the National Investor Relations Institute.

B.S. Accounting - Lehigh University

A founding member of Joele Frank, Barrett advises Boards and management teams facing complex, high-profile events including proxy contests, mergers and acquisitions, unsolicited takeovers and special situations that threaten the Company’s reputation and their leadership’s credibility.

Over her 20 years with Joele Frank, she has counseled scores of companies navigating engagement with and front-page contests involving some of the most prominent activist investors, including Carl Icahn, D.E. Shaw, Elliott Management, JANA, Starboard, Third Point, Trian and ValueAct, among others.

A trusted M&A advisor, she develops and executes multi-stakeholder communications strategies that have influenced successful outcomes in hundreds of unsolicited, shareholder contested and negotiated M&A transactions.

She speaks frequently on subjects of proxy contests, activism, mergers and acquisitions, corporate crises and reputation management.

In recognition of her achievements, Barrett was named to PR Week’s inaugural “40 Under 40” list. She joined Joele Frank from Abernathy MacGregor Frank. Earlier she worked for Kirby McInerney & Squire and served in the office of Congressman Bob Goodlatte. She received a BA from the University of Virginia, where she also attended the University’s McIntire Institute for Business.

Anne L. Mariucci is an experienced public company director and former operating executive with more than three decades of leadership in homebuilding, real estate development, and finance. She previously served as President of Del Webb Corporation following its merger with Pulte Homes, where she oversaw large-scale homebuilding and community development operations.

Ms. Mariucci currently serves on the boards of Taylor Morrison Home Corporation and Centuri Holdings, Inc., and in May completed two decades of service on the board of Southwest Gas Holdings, Inc.. Across her board roles, she has been deeply involved in governance, strategy, and capital allocation, including leading board-level responses to shareholder activism and complex strategic transactions.

She also serves as Chair of the Board of Banner Health, one of the largest nonprofit healthcare systems in the United States, and chairs the investment committee for a major university endowment. Earlier in her career, she served as Chairman of the Arizona Board of Regents.

Ms. Mariucci is a certified public accountant and has completed executive education at Stanford Graduate School of Business.

Elina (Lina) Tetelbaum is a Corporate Partner and Head of Shareholder Engagement and Activism Defense at Wachtell, Lipton, Rosen & Katz. Lina regularly counsels on proxy fights, takeover defense, corporate governance, and M&A. Lina has been named a Dealmaker of the Year by The American Lawyer, is ranked by Chambers as one of the top lawyers in the country for Corporate/M&A: Takeover Defense, one of The Deal’s Top Women in Dealmaking, a Power Player in Shareholder Activism by Financier Worldwide, a Leading Partner in Shareholder Activism by Legal500, and a Law360 Rising Star for M&A, among her other honors. Lina received an A.B. magna cum laude in Economics from Harvard University and completed a J.D. from Yale Law School, after which she served as a law clerk to the Chief Judge of the U.S. Court of Appeals for the Ninth Circuit.

Mr. Ostfeld is the Managing Partner and Portfolio Manager at JANA Partners where he has extensive experience enhancing value as an engaged shareholder. Prior to joining JANA in 2006, Mr. Ostfeld was at GSC Partners, where he served in their distressed debt private equity group and focused on acquiring companies through the restructuring process and enhancing value as an equity owner. He was previously an investment banker at Credit Suisse First Boston.
 
Mr. Ostfeld currently serves on the Board of Directors of Mercury Systems and Lamb Weston. He was previously a director at Conagra Brands, HD Supply until its sale to Home Depot, TreeHouse Foods until its sale to Investindustrial, and Team Health until its sale to Blackstone Group. Mr. Ostfeld serves on the board of Columbia University’s Richman Center for Business, Law and Public Policy.

Mr. Ostfeld received a JD from Columbia Law School where he was a Senior Editor of Columbia Law Review, an MBA from Columbia Business School and a BA from Columbia University.

Dani Brown is a global technology executive and digital governance leader who brings boardroom oversight of digital, AI and cybersecurity risk, built on 25 years running technology for large global manufacturers. She was inducted into the CIO Hall of Fame in 2026.

BOARD EXPERIENCE

• Performance Food Group Company (2024–present) —Fortune 100 company and one of the largest food and foodservice distributors in North America. Audit and Technology Committees.

• Corewell Health (2023– present) —health system providing both care and coverage. Chair, Compliance and Risk Committee.

• PRA Group, Inc. (2019–2024) —global leader in acquiring and collecting nonperforming loans. Compensation and Risk Committees; formerly Audit.

CIO LEADERSHIP

• Whirlpool Corporation—SVP and CIO of the $17B global home appliance manufacturer. As senior-most technology officer, led the global IT organization and set the strategy for technology and AI across the enterprise.

• Brunswick Corporation—CIO of the $4.5B boat and marine propulsion manufacturer. Built the analytics and innovation agenda, strengthened cybersecurity posture, and set acceptable risk levels with executive management and the board.

• DuPont—majority of her career at the $23B diversified industrial manufacturer, including three years based in Asia. Led the global transformation, modernization and productivity programs behind the company's cost-reduction and spin-off strategy, using data as a strategic asset to raise revenue and lower cost.

BOARDROOM CONTRIBUTION

Digital and AI strategy, cybersecurity and technology risk oversight, enterprise transformation, and global operating experience across four industries.

Sagar leads the activism strategy at Anson Funds, a US$2.5bn hedge fund, where he manages a long-term, concentrated portfolio of North American small/mid-cap opportunities. He previously worked in investment banking at UBS, private equity at KKR, long/short equities at Balyasny Asset Management, and activism at Legion Partners. Sagar currently serves on the board of Five9 Inc. (FIVN) and previously served on the board of Momentive Global Inc. (MNTV). He holds a BS from the Haas School of Business at the University of California, Berkeley, where he graduated Beta Alpha Psi.

George Llado is Chief Executive Officer of Tile.ai, an enterprise AI data platform that lets AI agents securely access and query data where it lives, with native governance and identity pass-through built in. He joined tile.ai from its board to lead the company’s next phase of growth.

A biopharma veteran with more than 35 years in business, information technology and cybersecurity, George most recently served as Senior Vice President and Chief Information Officer of Alexion Pharmaceuticals. There he built the Global Information Technology function serving patients and families living with ultra-rare diseases, and his team delivered technology and data-driven insights across R&D, Commercial functions and Supply Chain.

Before Alexion, George was Vice President and Business-Line CIO at Merck & Co., where he led IT and Shared Business Services integration for the Merck/Schering-Plough merger. He began his career at Citibank, N.A.

George serves on the boards of Charles River Laboratories, TraceLink and the National Center for Women & Information Technology (NCWIT), and on the senior advisory boards of Iridius.ai and Sierra Ventures. He holds a B.S. in Computer Science from New York Institute of Technology and completed executive programs at Harvard Business School, led by Jim Cash, and The Wharton School program for Merck Executives.

His recognitions include the NSBE Boston Lifetime Achievement Award (2023), a place on the Forbes CIO Next list of tech executives redefining the CIO role (2021), and the Information Technology Leadership Award from Temple University’s Fox School of Business (2018).

For more than three decades, Ed has provided strategic communications counsel to U.S. and international companies and private equity firms contending with mission-critical business opportunities and challenges.  Ed is sought out for his experience and expertise in preparing for and responding to cybersecurity incidents that combine a mix of providing strategic counsel and pragmatic problem solving all while helping clients see around corners. Clients have spanned across many industries, including financial services, industrial, energy, retail, technology, media, business services, healthcare, among others. Ed’s preparedness planning and tabletop exercises, and incident response experience involves supporting clients on a variety of attacks including malware, social engineering, network, applications, access and credentials, and supply chain.

Lawrence Elbaum is Co-Head of Sullivan & Cromwell’s Shareholder Activism Practice and a partner in the Firm’s M&A Group. Lawrence leverages nearly two decades of experience as a securities attorney and business advisor to counsel boards and c-suites of public companies with respect to proxy fights, hostile bids, merger contests, “Withhold the Vote” or “Vote No” campaigns, precatory proposals and short attacks, as well as an array of complex corporate governance matters.

Over the past 10 proxy seasons, Lawrence has led over 300 activism defense engagements for public companies of all sizes and across all industries. He regularly defends clients against high-profile shareholder activists such as Elliott Management, Starboard Value, Carl Icahn, D.E. Shaw, Corvex Management, Engaged Capital, Ancora Advisors and Third Point.

“Lawrence is incredibly sharp, sophisticated and thoughtful. He applies his vast knowledge and expertise in a nuanced fashion, and strategic thoughts bring real value to any project.” – Chambers USA, Corporate/M&A: Takeover Defense (New York), 2025

Outside the office, Lawrence works with organizations to promote gender and ethnic diversity in public company boardrooms across corporate America. He also devotes significant efforts to pro bono work, including having represented battered and indigent women in connection with divorce, alimony, and child custody and support proceedings in New York City. In addition, he supports a host of regional, national and global charities, including various Holocaust remembrance and genocide prevention initiatives, The Boys and Girls Club of America and Hassenfeld Children’s Hospital at NYU Langone.

John Roe is Global Co-Head of BlackRock Investment Stewardship (BIS). The team engages companies and others in the investment stewardship ecosystem, and votes company proxies, to promote governance and business practices aligned with long-term value creation by the companies in which BlackRock invests on behalf of clients. Prior to this role, John served as Head of Americas for BIS.

John has served as a member of the Council of Institutional Investors Corporate Governance Advisory Council, the National Association of Corporate Directors (NACD) Blue Ribbon Commission on the Future of the American Boardroom, and is a frequent speaker and commentor in the space.

Previously, John was a Partner and co-leader of the Governance and Corporate Stewardship practice at the corporate communications firm Joele Frank. In this role he advised boards of directors and senior executives on matters including board composition, executive compensation, disclosure and reporting, and shareholder engagement. He has additionally led the Analytics and Corporate Advisory teams at Institutional Shareholder Services (ISS), a proxy advisory firm, and served as the Chief Operating Officer and Chief Compliance Officer of an investment advisor. John served on the White House staff supporting the development of the Office of Homeland Security in 2001-2002, was a consultant with McKinsey & Company, and served as an officer in the United States Coast Guard.

John is also a pilot, a shade tree mechanic, and a recovering electrical engineer.

Sebastian Alsheimer heads the firm’s Shareholder Engagement and Activism Defense practice. His practice is focused on advising public companies and their boards on shareholder activism defense, proxy contests, settlement negotiations, and corporate governance matters, drawing on his experience in over 400 activism situations globally. Before joining Cleary, Sebastian was a partner at the leading legal advisor to activist investors, giving him distinctive insight into activist strategies and objectives from both sides of the table. Sebastian is routinely recognized as one of the leading activism defense attorneys in the U.S.

Leza Bieber is a corporate partner at Freshfields US LLP, where she is the US head of activism defense and shareholder engagement, focusing on activism and takeover defense preparedness and corporate governance.

Ms. Bieber advises boards of directors and executive management teams on activism, governance and crisis management, including stakeholder engagement and board and disclosure issues. Ms. Bieber is a recognized thought leader on governance and activism matters. For the last five years, Ms. Bieber co-hosted Freshfields’ annual post-proxy season event with leading institutional investors to demystify investor views and expectations with hundreds of public company clients. She also regularly chairs a panel at Corporate Board Member’s Boardroom Summit on shareholder activism and engagement trends. She is the co-editor of Freshfields’ annual proxy season recap, co-host of our webcast series on governance and disclosure updates and co-host of our governance podcast series. Leza is ranked as “Up and Coming” by Chambers and a “Rising Star” for shareholder activism and corporate governance and is a key member of the Tier 1 corporate governance group, both as ranked by Legal 500. Ms. Bieber received a J.D and a B.A in economics and psychology from New York University.

Douglas Rappaport is a leading litigator and regulatory and compliance lawyer serving as head of Akin’s investment funds litigation practice and co-head of the shareholder activism group.

On a daily basis, Doug advises investment fund clients and others on regulatory compliance and corporate governance matters, including those involving U.S. securities laws, trading issues, compliance procedures and fiduciary obligations.

With significant litigation experience advising funds and companies, Doug has served as lead counsel in matters involving disputes over breaches of fiduciary duty, secured assets, Section 16 short-swing trading, partnership interests, securities fraud, options backdating and insider trading. Doug has won numerous dispositive motions, trials and appeals in both state and federal courts.

Clients interviewed by Chambers USA describe Doug as “a fantastic litigator who is always available and most importantly, consistently delivers positive results.”

He also provides advice on activist investing issues, devising strategies regarding the solicitation of board seats, the displacement of existing corporate management and contests for corporate control.

In addition, Doug regularly represents investment funds, corporations and individuals in regulatory and internal investigations. His experience extends to matters before the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the New York Attorney General’s office, and other state and non-U.S. securities agencies.

Walied Soliman is the Canadian chair of Norton Rose Fulbright and co-founder of its globally ranked, Special Situations team. He is widely regarded as one of the leading lawyers in his field internationally. Mr. Soliman has been involved in some of the most significant and complex M&A transactions and proxy battles in Canada and globally, advising buyers and sellers, boards, hostile bidders, and shareholder activists. In addition, Walied’s practice focuses on restructurings, corporate finance, governance, and structured products.

Mr. Soliman is listed among Canada’s top-performing M&A practitioners in the Lexpert Special Edition Finance and M&A 2025. He has been continuously recognized by the world’s leading legal rankings, including Chambers Global, International Financial Law Review 1000, Thomson Reuters Stand-out Lawyers, Best Lawyers in Canada, Chambers Canada, and Legal 500 Canada. Mr. Soliman has been featured in The Globe and Mail's Report on Business Magazine Power 50 list, and has been designated a \

Ele represents activists, investment banks and companies in matters ranging from corporate governance and control to proxy contests and defensive strategies.

He works on numerous activist campaigns and related transactions every year for some of the largest private investment groups and investment banks in the United States and abroad.

In addition, Ele advises on private investments in public equity (PIPEs), initial public offerings and secondary offerings, venture capital financing, and indenture defaults and interpretation, and he counsels clients in the regulatory areas of insider trading, short selling, Sections 13 and 16, Rule 144, insider trading and Regulation M/Rule 105.

Ele is recognized as a 2022 American Lawyer “Dealmaker of the Year” for his work at Exxon Mobil for Engine No. 1, the largest proxy fight in history, which resulted in the addition of three directors to the ExxonMobil board of directors.

He is also ranked as a leading lawyer in Chambers USA, The Legal 500 US, New York Super Lawyers – New York Metro Top 100 and Super Lawyers Business Edition.

Ele has served as a moderator and speaker at numerous conferences and events addressing shareholder activism, regulatory and reporting issues, PIPEs, M&A deals, the capital markets and other topics of interest to the alternative investment industry.

He is a regular contributor to the Shareholder Activism Insight report and The Activist Investing Annual Review, produced annually by Activist Insight in association with McDermott Will & Schulte.

James J. Moloney became the Director of the Division of Corporation Finance at the SEC in October 2025.

Jim previously served at the SEC for six years prior to joining Gibson Dunn & Crutcher, where he worked for 25 years, ascending from corporate associate to equity partner. He served as a longstanding Co-Chair of the firm’s Securities Regulation and Corporate Governance Practice. He advised a wide base of clients on corporate governance matters, disclosure rules, mergers & acquisitions, tender offers, proxy contests, and going-private transactions among other areas.

During his tenure at the SEC from 1994 to 2000, Jim was an attorney-advisor and later a Special Counsel in the Office of Mergers & Acquisitions in the Division of Corporation Finance. Notably, Jim was the primary author of the proposing and adopting releases for Regulation M-A, a comprehensive set of rules governing mergers & acquisitions, tender offers and proxy solicitations.

Jim received his LL.M. degree in securities regulation with distinction from the Georgetown University Law Center. He received his J.D. degree cum laude from Pepperdine University, where he was an editor of the Pepperdine Law Review. He received his B.S. degree in business administration from Boston University.

Widely acknowledged nationally as preeminent in the shareholder activism arena, Andrew Freedman represents many of the most active and prominent activist investors and investment funds, as well as newly launched activist investment firms. A co-founder of Olshan's Shareholder Activism Practice, he now leads Olshan’s top-ranked global Shareholder Activism Group.

Leading activist hedge funds and investors choose Andy to guide them in their shareholder activism campaigns, proxy fights, 13D filings, hostile takeovers, corporate governance matters, and engagements with public company management and boards of directors. Private equity firms also seek his counsel regarding “toehold” stakes, PIPEs, M&A strategies, and transaction negotiations, including offer letters, diligence, NDAs, and regulatory issues.

Andy has represented investors in hundreds of high-stakes, high-profile shareholder activism campaigns in the U.S., Canada, Europe, and Asia, helping clients replace more than 1,000 directors on public company boards and strengthening corporate governance and accountability in the process. An out-of-the-box strategic thinker, Andy finds solutions.

Andy has achieved landmark, precedent-setting proxy contest victories, including Browning West's historic win in a recent proxy contest to replace the entire board at Canadian clothing maker Gildan Activewear, where Browning West's eight nominees were installed, and its former CEO and founder, Glenn Chamandy, was reinstated. He also represented first-time activist, Irenic Capital, earlier this year in its successful proxy campaign at Barnes Group Inc., a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions. Additionally, Andy represented Hestia Capital in its proxy campaign at Pitney Bowes Inc., marking the first-ever control slate proxy contest to go to a vote under the SEC's new universal proxy card voting regime. He has delivered similarly successful results for activist investors such as Starboard Value LP, Elliott Investment Management, and Ancora Advisors.

Andy's skill in assessing the prospects for change and devising proxy campaign strategies gives clients a competitive edge regardless of campaign constraints. He is regularly praised as a tenacious adversary, a master strategist, and sophisticated in managing the myriad technical details of campaigns. A tactician of the highest order and aggressive in delivering results, Andy's talent and reputation lend credibility and power to campaigns, ultimately resulting in highly successful outcomes.

Andy is recognized as the #1 lawyer in Shareholder Activism, having been ranked by Chambers USA since 2017 and achieving a prestigious Band 1 ranking in 2024. The Legal 500 United States also ranks him as a Tier 1 Leading Lawyer in M&A/Corporate and Commercial: Shareholder Activism – Advice to Shareholders. In 2022, Business

Ken Squire is the Founder and President of 13D Monitor and the Founder, Chief Investment Strategist and Portfolio Manager of the 13D Activist Fund.

13D Monitor is the premier subscription research service specializing in the analysis of activist investors' 13D filings and following the broader shareholder activist community. Squire has focused exclusively on following shareholder activism and corporate governance since 2006 and is a leading commentator in the industry. He is frequently quoted in the Wall Street Journal and other financial publications, and his weekly column The Activist Spotlight was featured in Barron's from 2007 to 2020. He is now a CNBC Contributor and The Activist Spotlight column can be read on CNBC.com.

In 2010, Squire created the annual Active-Passive Investor Summit, a forum that brings together the entire activist investor and corporate governance community and provides top activist investors a platform to present their best investment ideas.

In 2012, Squire founded the 13D Activist Fund, an event-driven mutual fund that focuses on investing in opportunities identified in 13D filings. Squire is the founder, chief investment strategist and portfolio manager. The Fund was the first of its kind, providing both individual and institutional investors diversified, liquid and low-cost access to the most compelling activist investments in this asset class. Following the success of the 13D Activist Fund, Squire launched a hedge fund for larger institutional investors. This private investment vehicle invests alongside, and with the same strategy, as the 13D Activist mutual fund.

In 2021, Squire created the AESG™ investment category, an activist investment style focused on improving ESG practices at companies.

Prior to starting 13D Monitor, Squire was a private equity investor as a principal of LSC Investors and Crown Capital Group, where he worked on analyzing, making and managing various investments in public and private companies. Prior to that, he was an associate in the Corporate and Securities Department at Weil, Gotshal & Manges LLP in their New York office. Squire holds a B.S. with a concentration in finance from New York University's Stern School of Business and a J.D. from New York University's School of Law where he was an editor of the Law Review.

Jesse Cohn is a Managing Partner at Elliott, along with Gordon Singer. Together, they manage Elliott’s Investment Committee and support Jon Pollock and Paul Singer in overseeing Elliott’s global investment strategies. He joined Elliott in 2004 and was made a Partner in 2017. Mr. Cohn is a member of the firm’s Management, Risk, Allocation, and Investment Committees.

Mr. Cohn is a member of the Advisory Board at the Harvard Law School Program on Corporate Governance.

Prior to joining Elliott, Mr. Cohn was an Analyst in the mergers and acquisitions group at Morgan Stanley.

Mr. Cohn earned his B.S. in Economics from the University of Pennsylvania’s Wharton School of Business, from which he graduated summa cum laude.