Icahn Enterprises Activist Presentation Deck
WHY WE ARE HERE TODAY
McDonald's' Board failed to deliver on a 10-year-old commitment made to Carl Icahn and
other stakeholders to eliminate the usage of cruel gestation crates in its supply chain.
This broken promise, as well as other supply chain and environmental, social and
governance ("ESG") issues - such as egregious executive compensation - pose serious risks
to the Company and indicate a pattern of failures in the Board's much-touted ESG efforts.
We believe McDonald's needs independent directors who will drive the Company's
commitments to ESG, including animal welfare, forward and protect shareholders'
interests because the current Board has historically failed to do so.
We hope McDonald's recognizes it has a profound opportunity to be a leader in ESG and
sustainability matters in the food and restaurant industry. This campaign can be an
inflection point for sweeping change and a moment for shareholders to back up ESG
platitudes with real action.
CAWS
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