All Three Leading Proxy Advisory Firms – ISS, Glass Lewis and Egan-Jones – Recommend Tejon Ranch Shareholders Vote “FOR” ONLY Tejon's 10 Director Nominees

Core Viewpoint - Tejon Ranch Co. has received recommendations from three leading proxy advisory firms to support its 10 director nominees in the upcoming Annual Meeting of Shareholders, emphasizing the importance of maintaining the current Board to ensure the company's long-term growth strategy [1][2][3]. Group 1: Proxy Advisory Recommendations - Egan-Jones, along with ISS and Glass Lewis, has recommended that Tejon shareholders vote "FOR" all 10 of the company's highly-qualified director nominees [1][2]. - The support from these advisory firms indicates a recognition of the stakes involved for Tejon, reinforcing the belief that the current Board is best suited to execute the company's strategic priorities [2][3]. Group 2: Company Background and Strategic Focus - 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 [5]. - The company has made significant progress in obtaining entitlements for developments, with 16,000 homes fully permitted, litigated, and entitled, which are expected to generate substantial returns once developed [5]. Group 3: Importance of Shareholder Voting - The Annual Meeting is scheduled for May 13, 2025, and shareholders are urged to vote "FOR" all 10 director nominees to protect their investment value [3][4]. - The company emphasizes that every vote is important, regardless of the number of shares owned, and provides instructions for voting via the internet or mail [4].