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Shareholder Ancora Sent Letter to Hasbro’s Board of Directors Regarding Opportunities to Strengthen the Company’s Long-Term Positioning and Unlock Shareholder Value; Urges a Properly Refreshed Board to Reevaluate a Tax-Free Spin of Wizards of the Coast…

Highlights Opportunity for a Properly Refreshed Board to Pursue a Full or Partial Sale of eOne, Which Represents a $4.5+ Billion Capital Allocation Misstep That has Become a Non-Synergistic Distraction Hopes a Properly Refreshed Board Reflects on Mattel's Flawed Acquisition of The Learning Company and Views it as a Cautionary Tale About Doubling Down on a Failed Transaction

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