Schell, Craig Hatkoff and Leah Solivan for Election to the Board of Disney

NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) — Blackwells Capital, a shareholder of The Walt Disney Company (“Disney” or the “Company”) (NYSE:DIS) today announced that it has nominated three highly qualified candidates – Jessica Schell, Craig Hatkoff and Leah Solivan – for election to the board of directors of Disney (the “Board”) at the Company’s 2024 annual meeting of shareholders (the “2024 Annual Meeting”).

Blackwells’ November 30, 2023 press release catalyzed the idea that shareholders deserve the opportunity to continue supporting Disney’s turnaround and transformation efforts under the leadership of the current Board and CEO, Robert A. Iger, unbound by Trian Fund Management, L.P. (“Trian”) and Nelson Peltz’s reprise of a contrived campaign that is disconnected from the needs of Disney stakeholders.