Blackwells Capital Activist Presentation Deck slide image

Blackwells Capital Activist Presentation Deck

BLACKWELLS IS A LEADING ACTIVIST INVESTOR¹ Blackwells Seeks Undervalued Investments and Will Become Actively Involved in Target Companies Blackwells' activism has resulted in: $3.8 billion all cash offer in December 2020 to acquire Monmouth REIT (NYSE: MNR) in largest real estate transaction since COVID-19 Since our March 2020 settlement with Colony Capital (NYSE:CLNY) through December 2020 we have a 33x MOIC on our settlement investment as shares have returned more than 230% Sale of a $5.7 billion Industrial Real Estate Portfolio The removal of two well-known public company CEOs in 2020 Since new CEO appointment at Colony Credit Real Estate (NYSE: CLNC) in April 2020, CLNC's stock +130% through December 2020 ● ● Sale of Supervalu (NYSE:SVU) to United National Foods (NYSE:UNFI) in a $3 billion transaction Nominated 13 Board seats across multiple campaigns which led to either a company sale or settlement Settled for four Board seats at CLNY through two campaigns Less Visible Ongoing Oversight Behind-the-Scenes Discussions BW BLACKWELLS CAPITAL Private Letter 1. 2019 Activist Insight Year in Review Ranked Blackwells as the 6th top activist investment firm. Blackwells' Range of Engagement Public Presentation SUPERVALU ColonyCapital Strictly Confidential & Trade Secret ColonyCredit REAL ESTATE Amber Road POWERING GLOBAL TRADEⓇ MREIC Board Representation Proxy Contest More Visible Take Private 6
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