Blackwells Lays Out Case for Change and Path Forward for Supervalu in New Presentation to Shareholders

NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm, today publicly released a presentation to shareholders of Supervalu Inc. (NYSE:SVU) (“Supervalu” or the “Company”), entitled “Board Member Accountability,” detailing the need for change at Supervalu and a path forward to create and unlock value for all shareholders, under the leadership of its six highly qualified nominees to the Supervalu Board of Directors. Supervalu shareholders of record at the close of business on June 25, 2018 are urged to vote on the GREEN proxy card at the upcoming Supervalu annual meeting of stockholders, to be held on August 16, 2018.

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