Hasbro Shareholders Re-Elect All Directors at Annual Meeting
08 June 2022 - 11:15PM
Business Wire
Hasbro, Inc. (NASDAQ: HAS), a global play and entertainment
company, today announced the preliminary results at the 2022 Annual
Meeting of Shareholders, as provided by its proxy solicitors, which
indicate that Hasbro shareholders have voted, with a substantial
margin, to re-elect all 13 of Hasbro’s highly qualified directors
to the Hasbro Board: Richard Stoddart, Kenneth Bronfin, Michael
Burns, Hope Cochran, Chris Cocks, Lisa Gersh, Elizabeth Hamren,
Blake Jorgensen, Tracy Leinbach, Edward Philip, Laurel Richie, Mary
Beth West and Linda Zecher Higgins. Similarly, the Company’s
say-on-pay proposal and auditor ratification were approved by the
shareholders.
The Company issued the following statement, which can also be
found, along with other information about the 2022 Annual Meeting,
at www.HasbroGamePlan.com.
Hasbro’s Board of Directors would like to
thank our shareholders for their continued support and engagement,
as well as the invaluable views and perspectives they have shared
with us over these last several months. As the vote indicates, our
highly skilled and recently refreshed Board possesses experience
and expertise directly relevant to overseeing Hasbro’s world class
portfolio of assets across multiple play and entertainment
categories. Our directors will be instrumental to Chris as he
undertakes a strategic review of the business and outlines our
go-forward strategy to position Hasbro for long-term success and
delivery of shareholder value. We know we have important work ahead
of us, and you will be hearing from us as we continue to actively
engage with our shareholders.
The results announced today are considered preliminary and are
subject to certification by the Independent Inspector of Election.
The final results of the 2022 Annual Meeting will be available in a
Current Report on Form 8-K filed with the Securities and Exchange
Commission and on Hasbro’s investor relations website within the
next four business days.
About Hasbro
Hasbro (NASDAQ: HAS) is a global play and entertainment company
committed to making the world a better place for all children, fans
and families. Hasbro delivers immersive brand experiences for
global audiences through consumer products, including toys and
games; entertainment through eOne, its independent studio; and
gaming, led by the team at Wizards of the Coast, an award-winning
developer of tabletop and digital games best known for fantasy
franchises MAGIC: THE GATHERING and DUNGEONS & DRAGONS.
The company’s unparalleled portfolio of approximately 1,500
brands includes MAGIC: THE GATHERING, NERF, MY LITTLE PONY,
TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, DUNGEONS &
DRAGONS, POWER RANGERS, PEPPA PIG and PJ MASKS, as well as premier
partner brands. For the past decade, Hasbro has been consistently
recognized for its corporate citizenship, including being named one
of the 100 Best Corporate Citizens by 3BL Media and one of the
World’s Most Ethical Companies by Ethisphere Institute. Important
business and brand updates are routinely shared on our Investor
Relations website, Newsroom and social channels (@Hasbro on
Twitter, Instagram, Facebook and LinkedIn.)
© 2022 Hasbro, Inc. All Rights Reserved.
Forward-Looking
Statements
This communication contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements may be accompanied by such
words as “anticipate,” “believe,” “could,” “estimate,” “expect,”
“forecast,” “intend,” “may,” “plan,” “potential,” “project,”
“target,” “will” and other words and terms of similar meaning.
Among other things, these forward-looking statements may include
statements concerning: the impact and contributions of our new
director appointments, and our ability to achieve our financial and
business plans, goals and objectives, including achieving long-term
sustainable profitable growth and long-term value for shareholders.
Specific factors that might cause such a difference include those
risks detailed from time to time in Hasbro’s filings with the SEC.
The statements contained herein are based on Hasbro’s current
beliefs and expectations and speak only as of the date of this
communication. Except as may be required by law, Hasbro does not
undertake any obligation to make any revisions to the
forward-looking statements contained in this communication or to
update them to reflect events or circumstances occurring after the
date of this communication. You should not place undue reliance on
forward-looking statements.
HAS-IR HAS-C
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version on businesswire.com: https://www.businesswire.com/news/home/20220607006262/en/
Investors: Debbie Hancock | Hasbro, Inc. | (401) 727-5401 |
debbie.hancock@hasbro.com Media: Carrie Ratner | Hasbro, Inc. |
(401) 556-2720 | carrie.ratner@hasbro.com
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