WisdomTree Publishes Presentation Highlighting Company’s Track Record of Success and Strategic Momentum Ahead of 2024 Annual Meeting of Stockholders
Showcases
WisdomTree Urges Stockholders to Repudiate ETFS Capital’s Self-Serving Demands for a Strategic Review. There is No Case for Change – Enough is Enough
Vote “FOR” All Nine of WisdomTree’s Highly Qualified Director Nominees on WHITE proxy card
The presentation outlines the disciplined execution of WisdomTree’s stated strategic plan to deliver record assets under management (“AUM”), as well as the Company’s continued organic growth and operating margin expansion – all of which are generating significant value for stockholders.
Our Board of Directors regularly reviews and evaluates the Company’s performance and is always open to value-maximizing opportunities. However, ETFS Capital’s demand for an independent strategic review appears to be motivated by a desire to liquidate its position in the Company, which is entirely self-serving and not in the best interests of all stockholders. WisdomTree’s stock price is up almost 40% year-to-date due to its strong financial results and ETFS Capital’s demands would sacrifice the Company’s long-term growth potential.
WisdomTree’s execution and success are highlighted in its presentation, summarized below:
- WisdomTree has demonstrated strong momentum with its current strategy and is in a pivotal phase of execution and growth as it continues to grow its traditional ETP business and leverage its early-mover advantage in tokenization and blockchain-enabled finance.
- WisdomTree is achieving new financial milestones, generating record AUM and more than three consecutive calendar years of positive inflows.
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WisdomTree has a top performing Total Stockholder Return (TSR) among its
U.S. publicly traded asset manager peers1 over the most recent YTD, 1-, 2-, 3- and 4-year time periods. - WisdomTree continues to make important investments in tokenization and blockchain-enabled finance, and the Company is well ahead of its peers, with a digital assets strategy that positions WisdomTree for its next chapter of growth.
The presentation also provides an in-depth review of WisdomTree’s refreshed and diverse Board, including the invaluable skillsets, expertise and institutional knowledge the Company’s longer-tenured directors bring to the successful oversight of WisdomTree.
- WisdomTree has demonstrated that Board refreshment is its priority. Six new independent directors have joined the Board since 2021, all with the right expertise to help WisdomTree execute its strategy.
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WisdomTree’s Board includes two directors previously nominated by
ETFS Capital and elected by stockholders, both of whom fully support the Company’s current strategic plan and vision and provideETFS Capital with the appropriate, proportionate representation of its ownership. - Women now constitute 67% of the Board and all committee chair roles have been rotated, with each now held by directors elected to the Board in the past three years. The Board also has refreshed committee memberships, including adding its newest directors to each committee.
- The critical institutional knowledge, skillsets and expertise of WisdomTree’s three longer-tenured directors, combined with fresh perspectives from its newer Board members, provide the Board with the guidance crucial to unlocking stockholder value.
- WisdomTree’s corporate governance practices ensure that the best expertise is provided to its management team and that directors hold management accountable to serve in the best interests of all stockholders.
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 instructions on the enclosed WHITE proxy card.
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 |
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
Category: Business Update
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1 In addition to WisdomTree,
View source version on businesswire.com: https://www.businesswire.com/news/home/20240523318466/en/
Investor Relations
+1.917.267.3859
Jeremy.campbell@wisdomtree.com
Media Relations
+1.917.267.3735
jzaloom@wisdomtree.com
H/Advisors Abernathy
tom.johnson@h-advisors.global / dana.gorman@h-advisors.global
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