Reynolds Holding

NOVEMBER 30, 2023

07 Question: In each of 2020 and 2021, a registrant provided the same list of companies as a peer group in its Compensation Discussion & Analysis (“CD&A”) under Item 402(b) but provided a different list of companies in its CD&A for 2022. The new and revised C&DIs are included below. Answer: No.

Compliance 40

Compliance Total Shareholder Return Dividends Market Capitalization 40

Reynolds Holding

AUGUST 25, 2022

These key performance metrics include total shareholder return (TSR), peer group TSR, net income, and a measure specific to the company. That serves investors and our markets. This statement was issued on August 25, 2022, by Gary Gensler, chairman of the U.S. 1] See SecuritiesAct of 1933,Section 7(a) [15 U.S.C.

Total Shareholder Return 45

Total Shareholder Return Corporate Finance Finance Marketability 45

Cooley M&A

JANUARY 30, 2024

Globally, 229 campaigns launched in 2023, just under 2022 campaign levels, ushering in the most active two-year period on record. [1] 1] Activism in Europe was a core driver of activity, representing 28% of all campaigns and a 30% increase from 2022. [2] 4] Activists won 134 board seats globally in 2023, a 30% increase from 2022.

Market Capitalization 52

Market Capitalization Equity Marketability Total Shareholder Return 52

Reynolds Holding

MARCH 6, 2024

Those companies paid an estimated $495 billion in income taxes in 2022 (more than $461.2 Companies listed on the two exchanges took in more than $22.477 trillion in revenue in 2022 (more than $20.925 trillion for those headquartered in this country). billion from companies with U.S. headquarters).

Total Shareholder Return 53

Total Shareholder Return Marketability 53

Reynolds Holding

FEBRUARY 4, 2024

Each subsidiary issuing or guaranteeing a public company’s listed debt securities is itself subject to the clawback rules recently adopted by the NYSE and Nasdaq. NOW, THEREFORE, BE IT RESOLVED , that, to the extent required by [Section 303A.14

Total Shareholder Return 45

Total Shareholder Return Finance Marketability 45

Reynolds Holding

SEPTEMBER 6, 2022

On August 25, 2022, the U.S. The SEC issued proposed pay-versus-performance rules in 2015 and reopened the comment period on the proposed rules in January 2022. Peer group TSR will be weighted based on the initial market capitalization of each peer group company as of the beginning of the earliest year included in the table.

Total Shareholder Return 45

Total Shareholder Return Equity Dividends Market Capitalization 45

Reynolds Holding

MARCH 1, 2023

On February 22, 2023, the New York Stock Exchange and the Nasdaq Stock Market released their respective versions of a proposed rule that implements the SEC’s clawback rule mandated by Section 954 of the Dodd-Frank Act. Financial reporting measures also include stock price and total shareholder return (TSR).

Compliance 45

Compliance Total Shareholder Return Finance Equity 45

Reynolds Holding

MARCH 5, 2023

The staff of the Securities and Exchange Commission’s (SEC’s) Division of Corporate Finance recently issued guidance to address open questions related to the final pay-versus-performance (PVP) disclosure rules adopted in 2022. Further support comes from C&DI 128D.06, It is not clear from C&DI 128D.07

Equity 45

Equity Dividends Total Shareholder Return Corporate Finance 45

Benzinga

FEBRUARY 29, 2024

The transaction is expected to drive attractive total shareholder returns, including at least $50 million of synergies, implying expected double-digit Adjusted EPS accretion immediately on a run-rate synergy basis and accelerated earnings growth potential from topline development, synergies, and deleveraging. ATLANTA, Feb.

EBITDA 40

EBITDA Dividends Technology Total Shareholder Return 40

Reynolds Holding

OCTOBER 27, 2022

Instead, the Commission is requiring companies to claw back compensation based on stock price and total shareholder return (“TSR”). 9, 2022), [link]. [5] Chamber of Commerce Center for Capital Markets Competitiveness at 7-8, Sept. This statement was issued on October 26, 2022, by Hester M. 9 (quoting S.

Total Shareholder Return 45

Total Shareholder Return Compliance Corporate Finance Banking 45

Reynolds Holding

SEPTEMBER 7, 2022

As we have previously noted, regardless of industry, size, performance or “newness” to the public markets, no company should consider itself immune from activism. Even companies that are respected industry leaders and have outperformed the market and their peers have been, and are being, attacked.

Equity 45

Equity Dividends Total Shareholder Return Marketability 45

Cooley M&A

JANUARY 30, 2025

In 2024, the rate of CEO turnover following an activist campaign rose to approximately 20% of CEOs of activist targets having left their roles in the past two years (as compared to the 12% market-average CEO turnover for the S&P 500 index). Historically, the breakdown between public and private settlements was approximately 50%. [10]

Total Shareholder Return 93

Total Shareholder Return Marketability Technology 93

Global Finance

APRIL 5, 2025

Market participants entered the year hoping for a robust revival in M&A, IPO, and debt financing activities. The market was, in many ways, still grappling with the hangover from the previous years stagnation. That said, market dynamics dont necessarily spell doom and gloom across all regions and sectors.

Banking 52

Banking Private Equity Firm Finance Debt Financing 52