Leading Proxy Advisory Firm ISS Recommends Shareholders Vote “FOR” ONLY Tejon's 10 Director Nominees

Core Viewpoint - Tejon Ranch Co. has received a recommendation from Institutional Shareholder Services (ISS) for shareholders to vote "FOR" its 10 director nominees in the upcoming Annual Meeting of Shareholders on May 13, 2025 [1][3]. Group 1: Company Overview - Tejon Ranch Co. is a diversified real estate development and agribusiness company with a principal asset of 270,000 acres of land located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield [6]. - The company emphasizes the importance of its Board's experience, discipline, and strategic vision in unlocking the value of its land portfolio [2]. Group 2: Shareholder Engagement - ISS's endorsement is seen as a validation of Tejon's Board's capability to protect shareholder value, contrasting with Bulldog Investors' nominees, which are viewed as a risk to the company's long-term success [3][8]. - Tejon urges shareholders to follow ISS's recommendation by voting "FOR" only its 10 nominees on the WHITE proxy card and to withhold votes from Bulldog's nominees [3]. Group 3: Proxy Voting Information - Shareholders are encouraged to vote by internet or mail using the instructions provided on the WHITE proxy card, emphasizing the importance of every vote regardless of the number of shares owned [4]. - Tejon has filed a definitive proxy statement and WHITE proxy card with the SEC in connection with its solicitation of proxies for the 2025 Annual Meeting of Shareholders [10].