Alta Fox Releases Presentation Detailing the Case for Change in Hasbro's Boardroom Following Years of Poor Capital Allocation and Underperformance

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May 11, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQ: HAS) (“Hasbro” or the “Company”), today released a+presentation that details its case for targeted change to the Company’s Board of Directors (the “Board”) following years of underperformance as a result of concerning corporate governance practices, disappointing capital allocation decisions and objectively poor strategic decisions. As a reminder, Alta Fox has nominated a three-member slate of independent directors – with significant experience in corporate governance, capital allocation and strategic planning – for election to Hasbro’s recently expanded 13-member Board at the Company’s 2022 Annual Meeting of Shareholders. Review the+presentation and learn how to vote for boardroom change on the GOLD proxy card by visiting www.StrengthenHasbro.com.