Third Point Management Activist Presentation Deck
TIME FOR CHANGE
New leadership required to fix Campbell
I
Incumbent Board has overseen a series of strategic and operational
blunders that have placed the Company in a precarious situation
Incumbent Board has lost all credibility and it would be reckless to leave
those that created this situation in charge of fixing it
Independent Slate brings highly qualified candidates with the experience
and skills to ensure a smooth transition and help create a better path
forward for Campbell
Independent Slate, once elected, will manage Campbell to enhance long-
term value and pursue optimal outcomes for ALL shareholders
Note: Quotation historically attributed to Albert Einstein
Source: Third Point LLC; Google Images
THIRD POINT
"Insanity is doing the
same thing over and
over again and
expecting different
results"
- Albert Einstein
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