LL Flooring’s Board Reminds Shareholders to Vote the Universal WHITE Proxy Card “FOR” ONLY LL Flooring’s Three Highly Qualified Director Nominees in Advance of Annual Meeting of Stockholders
Leading Independent Proxy Advisor ISS Recommends Shareholders Vote “FOR” the Majority of
2024 Annual Meeting of Stockholders Scheduled for
Visit www.VoteLLFlooring.com for More Information
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LL Flooring’s highly qualified and engaged nominees are the right directors to guide the Company forward. Over the course of their respective tenures as members of your Board, Messrs. Moore and Parmar and
Ms. Taylor have been active and engaged, leveraging their deep collective experiences and expertise to provide critical, independent oversight and decision making. Mr. Sullivan’s nominees offer no incremental value to your Board. -
Leading independent proxy advisor
Institutional Shareholder Services (“ISS”) recommends shareholders vote “FOR” the majority of LL Flooring’s director nominees. ISS supports the majority of your highly qualified Board nominees and recognizes the value they bring to your Board and company. Moreover, in recommending a vote “FOR” your Chair,Ms. Taylor , ISS has demonstrated confidence in Ms. Taylor’s leadership capabilities. In its report, ISS highlighted the following1:
“The incumbent nominees have skills and experience relevant to the company's challenges.”
“…given Sullivan's history with the company, his presence on the board may prove to be counterproductive.” -
Mr. Sullivan and his nominees would not bring additive public company board or public company executive leadership experience toLL Flooring . In fact, if Mr. Sullivan’s nominees were elected, they would remove superior talent, critical skills and three independent directors from your Board.
Vote today “FOR” ONLY LL Flooring’s three highly qualified and engaged director nominees on the universal WHITE proxy card
Your Board unanimously recommends that you vote “FOR” the election of each of the three nominees proposed by your Board, Messrs. Moore and Parmar and
Your Board strongly urges you to DISCARD and NOT vote using any gold proxy card that may be sent to you by
Your vote is very important. Even if you plan to attend the Annual Meeting, we request that you read the proxy statement and vote your shares by signing and dating the enclosed universal WHITE proxy card and returning it in the postage‐paid envelope provided or by voting via the Internet by following the instructions provided on the enclosed universal WHITE proxy card.
If you have any questions or require any assistance with voting your
at (888) 368‐0379 or (212) 257‐1311 or by email at info@saratogaproxy.com. |
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Forward Looking Statements
Certain statements in this press release may include statements of the Company’s expectations, intentions, plans and beliefs that constitute “forward-looking statements” within the meanings of the Private Securities Litigation Reform Act of 1995. These statements, which may be identified by words such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “assumes,” “believes,” “thinks,” “estimates,” “seeks,” “predicts,” “could,” “projects,” “targets,” “potential,” “will likely result,” and other similar terms and phrases, are based on the beliefs of the Company’s management, as well as assumptions made by, and information currently available to, the Company’s management as of the date of such statements.
These statements are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond the Company’s control. These risks include, without limitation, the impact of any of the following: reduced consumer spending due to slower growth, economic recession, inflation, higher interest rates, and consumer sentiment; our advertising and overall marketing strategy, including anticipating consumer trends and increasing brand awareness; the results of our ongoing strategic review; a sustained period of inflation impacting consumer spending; our inability to execute on our key initiatives or if such key initiatives do not yield desired results; stock price volatility; competition, including alternative e-commerce offerings; liquidity and/or capital resources changes and the impact of any changes or limitations, including, without limitation, ability to borrow funds and/or renew or roll over existing indebtedness; transportation availability and costs, including the impact of the war in
The Company specifically disclaims any obligation to update these statements, which speak only as of the dates on which such statements are made, except as may be required under the federal securities laws.
Additional factors are set forth in the Company’s Annual Report on Form 10-K and Form 10-K/A for the year ended
1 Permission to use quotes neither sought nor received
View source version on businesswire.com: https://www.businesswire.com/news/home/20240702372289/en/
For further information:
LL Flooring Investor Relations
ICR
ir@llflooring.com
Tel: 804-420-9801
For media inquiries:
212-355-4449
For Investors:
info@saratogaproxy.com
Tel: 212-257-1311
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