Trian Partners Activist Presentation Deck

Disney is Trading at an 8-Year Low $200 $180 $160 $140 $120 $100 $80 $60 $40 Jan-13 Source Factet as of 1/1023 den Confidential-Not for Reproduction or Distribution Jan-14 Disney's 10-Year Share Price Performance читу Despite Disney's share price peaking in 2021, it currently trades near its 8-Year low Jan-15 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Jan-21 Jan-22 Disney $95.56 -5-

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