Tejon Ranch Co. Board Intends to Include Shareholder Special Meeting Right Proposal for Consideration at the 2026 Annual Meeting

Core Viewpoint - Tejon Ranch Co. is proposing a governance change that would allow shareholders owning at least 25% of the outstanding shares to call a special meeting of shareholders, which will be voted on at the 2026 Annual Meeting [1][2]. Governance Changes - The proposal to grant shareholders the right to call special meetings builds on recent updates to the Board's size and structure announced the previous week [2]. - This initiative follows a commitment made by the Board during the Company's Investor Day in November 2025 [2]. Upcoming Proxy Statement - Detailed information regarding the proposal will be included in the Company's 2026 proxy statement, which will be filed with the SEC and distributed to shareholders ahead of the Annual Meeting scheduled for May 13, 2026 [3]. Company Overview - Tejon Ranch Co. is a diversified real estate development and agribusiness company, with its principal asset being a 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield [4].