Both Leading Proxy Advisory Firms – ISS and Glass Lewis – Recommend Shareholders Vote “FOR” ONLY Tejon's 10 Director Nominees

Core Viewpoint - Tejon Ranch Co. is receiving strong support from major proxy advisory firms ISS and Glass Lewis, recommending shareholders vote for its 10 director nominees, emphasizing their qualifications and strategic vision to enhance shareholder value [2][3][4]. Summary by Relevant Sections Proxy Advisory Recommendations - Glass Lewis and ISS have both recommended that Tejon shareholders vote "FOR" all 10 of the company's highly qualified director nominees on the WHITE Proxy Card for the upcoming Annual Meeting on May 13, 2025 [2][3]. - The recommendations highlight the expertise and strategic vision of Tejon's Board, contrasting it with Bulldog's unqualified nominees [3][4]. Opposition to Bulldog's Nominees - Both ISS and Glass Lewis have criticized Bulldog's campaign to install three unqualified director nominees, noting that Bulldog has not provided a clear plan for Tejon [4]. - Glass Lewis pointed out Bulldog's lack of understanding of necessary changes, indicating uncertainty in their approach [4]. Call to Action for Shareholders - Tejon urges shareholders to follow the recommendations of ISS and Glass Lewis by voting "FOR" the company's nominees and withholding votes from Bulldog's nominees to protect their investment [5][6]. - The company emphasizes the importance of shareholder votes, regardless of the number of shares owned, and provides instructions for voting [6]. Company Background - 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 [8].