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Blackwells Capital Reveals Failure by the Disney Board to

Urges Shareholders to Disregard ValueAct’s Endorsement of the Board Questions Whether the Board Violated ERISA laws as well as Disney’s Code of Ethics .

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Blackwells Capital Reveals Failure by the Disney Board to Disclose in this Proxy Fight that ValueAct Has Earned Fees from Managing Disney Pension Funds since 2013

Blackwells Capital Reveals Failure by the Disney Board to Disclose in this Proxy Fight that ValueAct Has Earned Fees from Managing Disney Pension Funds since 2013
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