WisdomTree Encourages Stockholders to Vote “FOR” All Proposals and All Nine Directors at the 2024 Annual Meeting
Company’s Successful Strategy Evidenced by Solid Core Business Performance and Continued Positive Momentum
Board is Working Effectively and is Balanced with New Perspectives and Longer-term Insights
ISS and Glass Lewis Affirm There is No Case for Change
Under the leadership of its management team and current directors, including its three longer-tenured directors, WisdomTree has made significant progress and demonstrated that its current strategy is working:
- Over the past year, WisdomTree’s financial results have indicated that its strategy is generating strong stockholder value, whichis evident with the stock price being up more than 40% since the 2023 annual meeting of stockholders. As part of this effort, WisdomTree is realizing potential in the early days across its digital assets and blockchain-enabled portfolio, including with the launch of WisdomTree Prime®.
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The Board is deeply committed to corporate governance best practices and in the past three yearshas added six new directorsand rotated all committee chair positions. Two current directors, who were nominated by dissident stockholder
ETFS Capital , fully support WisdomTree’s strategic plan and direction. -
WisdomTree’s three longer-standing directors –
Anthony Bossone ,Win Neuger andJonathan Steinberg – bring the stability, strategic vision and institutional knowledge critical to overseeing the Company’s strategy and advancing the best interests of all stockholders. Further, none of WisdomTree’sU.S. publicly-traded asset manager peers1 has a board of directors in which the longest tenured board member has served less than six years – demonstrating the recognized importance of institutional knowledge as an attribute of an effective board.
Both ISS and Glass Lewis have issued independent assessments and concluded that there is no case for change at WisdomTree, noting that stockholders should vote for all of WisdomTree’s director nominees2:
- ISS wrote in its report, “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.”
- Glass Lewis wrote in its report, “we maintain our belief that the stated vision of the Company’s board and management team is more compelling than that of the Dissident” and “the board has made meaningful strides to empower its newer directors while still maintaining the institutional knowledge offered by the longer-tenured directors.”
Any changes to WisdomTree’s Board would significantly disrupt the Company’s positive momentum and growth trajectory. WisdomTree urges stockholders to ensure the Company can continue its strong momentum and reject ETFS Capital’s misguided campaign by voting “FOR” all nine director nominees, 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.
THIS IS YOUR LAST CHANCE TO 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
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
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2 Permission to use ISS or Glass Lewis quotations was neither sought nor obtained. Emphasis added.
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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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