Leading Proxy Advisory Firm Glass Lewis Joins ISS and Egan-Jones in Recommending Matthews International Shareholders Vote the GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees: Ana Amicarella, Chan Galbato and James Mitarotonda

Core Viewpoint - Glass Lewis has determined that Matthews International Corporation has "persistently deteriorated and consistently underperformed" during the tenure of CEO Mr. Bartolacci, indicating a need for change in leadership and governance [5][10] - Barington Capital has been endorsed by Glass Lewis, ISS, and Egan-Jones, recommending shareholders vote "FOR" all of Barington's director nominees to improve the company's performance [2][4] Group 1: Performance and Governance Issues - Matthews has shown significant underperformance across various measurement periods, particularly under the leadership of Mr. Bartolacci [5][10] - The current Board is described as not well-positioned to pursue necessary initiatives for improvement, with a long-tenured governance structure that has not effectively addressed shareholder interests [5][10] - Glass Lewis highlights a lack of a favorable narrative regarding Matthews' valuation, indicating continuous erosion in its relative positioning during Mr. Bartolacci's tenure [5][10] Group 2: Barington's Proposal and Support - Barington Capital, owning approximately 2.1% of Matthews' outstanding shares, has proposed a slate of director nominees that are considered highly qualified [1][4] - The unanimous support from leading proxy advisory firms reinforces Barington's belief that electing its nominees is essential for unlocking Matthews' full value potential [4][10] - Barington's track record of value creation and its consulting efforts are noted as having catalyzed some of Matthews' initiatives, suggesting that Barington can effectively drive change [10]