A Leading Independent Proxy Advisory Firm, Glass Lewis, Recommends Shareholders Vote in Favor of the Proposed Merger Between 180 Degree Capital Corp. and Mount Logan Capital Inc.

Core Viewpoint - 180 Degree Capital Corp. has received a recommendation from Glass Lewis to vote "FOR" the all-stock merger with Mount Logan Capital Inc., indicating a favorable assessment of the merger's strategic rationale and valuation for shareholders [1][2]. Summary by Sections Merger Recommendation - Glass Lewis supports the proposed merger, highlighting the strategic rationale and favorable valuation for 180 Degree Capital shareholders [1]. - The recommendation is based on a well-run process by the Special Committee of 180 Degree Capital's Board of Directors in evaluating strategic alternatives [1]. Shareholder Engagement - CEO Kevin M. Rendino expressed confidence in the merger's potential to create significant shareholder value, bolstered by positive early voting and discussions with shareholders [2]. - The special meeting for shareholder voting is scheduled for August 22, 2025, with instructions provided for casting votes [2]. Company Background - 180 Degree Capital Corp. is a publicly traded closed-end fund focused on investing in undervalued small companies, aiming for significant turnarounds through constructive activism [4]. - The company emphasizes the importance of shareholder value and has conducted thorough negotiations to secure an improved offer from Mount Logan compared to the initial proposal [5]. Proxy Materials - 180 Degree Capital has filed a definitive proxy statement with the SEC regarding the merger, urging shareholders to read the materials carefully for important information [6]. - Shareholders can access the joint proxy statement and prospectus through the company's investor relations website [2][6].