Leading Independent Proxy Advisory Firm Institutional Shareholder Services Joins Glass Lewis in Recommending Votes “FOR” ALL Nine WisdomTree Board Nominees
ISS Endorses Company’s Leadership and Strong Corporate Governance Practices
Firm Emphasizes Company’s Solid Core Business Performance, Margin Improvement, and Peer-Leading Total Stockholder Returns
Regarding WisdomTree’s strong performance and growing digital assets strategy, ISS wrote in its report: 1
- “The company is focused on margin improvement under the supervision of the reconstituted board, its core business is performing well, and the company’s TSR has significantly outperformed that of its peers over the past three years.”
- “[T]he solid performance of WT’s core business appears to outweigh any potential concerns investors may have about the DeFi initiatives, as evidenced by the company’s TSR outperformance over the past three years.”
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“In 2024, it is more difficult to conclude that the dissident’s campaign has driven the share price performance, as the shares…barely moved on
Feb. 27 , the day that the company disclosed its ongoing discussions with Tuckwell.”
Regarding WisdomTree’s Board refreshment and corporate governance practices, ISS wrote in its report:
- “The board has been declassified and refreshed, and all committees are chaired by directors that have joined within the last three years.”
- “Critically, the two directors placed on the board by the dissident have expressed full confidence in the current direction of the company. As there is no case for incremental change at this juncture, shareholders are recommended to vote FOR all management nominees.”
Both ISS and Glass Lewis have made independent assessments and concluded that there is no case for change at WisdomTree. In line with both firms’ recommendations, WisdomTree urges stockholders to vote “FOR” all nine director nominees using the WHITE proxy card, including
Stockholders can find out more about the proxy vote at the 2024 Annual Meeting by visiting the WisdomTree investor relations website and navigating to the page entitled “2024 Annual Meeting”: https://ir.wisdomtree.com/2024-annual-meeting-proxy-vote.
YOUR VOTE IS IMPORTANT!
PLEASE VOTE THE WHITE PROXY CARD TODAY “FOR” ALL WISDOMTREE NOMINEES!
Remember, you can vote your shares via the Internet. Please follow the easy
If you have any questions or need assistance in voting
your shares on the
WHITE
proxy card, please contact our proxy solicitor:
Stockholders and All Others Call Toll Free: (877) 750-5836
Banks and Brokers Call: (212) 750-5833
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Advisors
About WisdomTree
WisdomTree is a global financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models, solutions and products leveraging blockchain technology. We empower investors and consumers to shape their future and support financial professionals to better serve their clients and grow their businesses. WisdomTree is leveraging the latest financial infrastructure to create products that provide access, transparency and an enhanced user experience. Building on our heritage of innovation, we are also developing and have launched next-generation digital products, services and structures, including digital or blockchain-enabled mutual funds and tokenized assets, as well as our blockchain-native digital wallet, WisdomTree Prime®.*
*The WisdomTree Prime digital wallet and digital asset services are made available through
WisdomTree currently has approximately
For more information about WisdomTree and WisdomTree Prime®, visit: https://www.wisdomtree.com.
Please visit us on X, formerly known as Twitter, at @WisdomTreeNews.
WisdomTree® is the marketing name for
Cautionary Statement Regarding Forward-Looking Statements
Any statements contained in this letter that do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” “views,” and similar expressions. Any forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, but not limited to, the impact and contributions of the slate of director nominees WisdomTree has nominated, and WisdomTree’s ability to achieve its financial and business plans, goals and objectives and drive stockholder value, including with respect to its ability to successfully implement its strategy relating to WisdomTree Prime®, and other risk factors discussed from time to time in WisdomTree’s filings with the
Important Information Regarding the 2024 Annual Meeting and Where to Find It
The Company has filed with the
Certain Information Regarding Participants in the Solicitation
The Company, its directors and certain of its executive officers and employees may be deemed to be participants in connection with the solicitation of proxies from the Company’s stockholders in connection with the matters to be considered at the 2024 Annual Meeting. Information regarding the direct and indirect interests, by security holdings or otherwise, of the Company’s directors and executive officers in the Company is included in the Proxy Statement under the heading “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters”, which was filed with the
Disclaimer
WisdomTree has neither sought nor obtained the consent from any third party to use any statements or information contained in this press release that have been obtained or derived from statements made or published by such third parties. Any such statements or information should not be viewed as indicating the support of such third parties for the views expressed herein.
Category: Business Update
1 Permission to use ISS quotations was neither sought nor obtained. Emphasis added.
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Investor Relations
+1.917.267.3859
Jeremy.campbell@wisdomtree.com
Media Relations
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jzaloom@wisdomtree.com
H/Advisors Abernathy
tom.johnson@h-advisors.global / dana.gorman@h-advisors.global
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