Trian Partners Activist Presentation Deck slide image

Trian Partners Activist Presentation Deck

Trian Overview • Investment management firm founded in November 2005 • Focused on buying large positions in high-quality companies where we see significant long-term potential and working collaboratively with management and boards to optimize strategy, operations and value creation • Simple goal of ensuring that companies function with a strong ownership mentality. Trian encourages management teams and boards to operate as if wearing "bifocals," with a watchful eye on the near-term but always maintaining a primary focus on maximizing long-term value • Trian's Founding Partners have substantial operating and financial experience, serving on numerous corporate boards, as well as serving as C-suite executives of various publicly-traded companies prior to founding Trian Selected Current and Former Trian Investments kraft foods IR Rand nvent. COUPONT Mondelez THE Wendy's COMPANY Invesco Confidential-Not for Reproduction or Distribution Janus Henderson a ALLEGION P&G LEGG MASON BNY MELLON COMCAST LAZARD PEPSICO DR PEPPER SNAPPLE PENTAIR DANONE IHG Heinz FAMILY STATE STREET Cadbury Sysco TIFFANY & CO. FERGUSON A = Portfolio companies of which a Trian partner or designee serves or served on the Board, or of which Trian had input in the selection of one or more director PPG Note: The companies shown on this page refect all of the investments made by Tran since Tan's inception in November 2005 ough December 2022 ) for which Tran has fied a Schedule 130 or 130 or made a similar non-US fing or other notification with respect to ts investment in the company ord that were or are a publicly disclosed position in which funds managed by Titan invested approximately $700 million or more of capital and where Trian og had a designee or nominee on the Board and/or tywrote a white paper and met with management. The companies shown on this page do not represent all of the investments purchased or sold for Trian's dients and it should not be assumed that any or all of these investments were or will be profitable -6-
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