Blackwells Capital Activist Presentation Deck

BW II = III IV V VI VII Executive Summary Corporate Governance and Misalignment of Interests. Review of McCarthy's First 60 Days at Peloton Peloton Reimagined The Best Option is to Sell Peloton Conclusion TABLE OF CONTENTS Appendix BLACKWELLS CAPITAL LO 5 11 21 34 47 64 67 3

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