On February 29, 2024, Elanco Animal Health Incorporated issued a statement in response to the submission of 4 nominees to the Company?s Board of Directors by Ancora Holdings Group, LLC. In the statement, the Company executive team and Board of the Company welcome engagement with its shareholders and suggestions for improving the Company?s strategy and execution. The Company stated that Ancora Holdings has asked for just 2 meetings with the Company and the Company actively engaged with Ancora Holdings in both of those meetings.

The Company added that since revealing Ancora Holdings candidates in writing 2 weeks ago, Ancora Holdings has refused to allow the Company Board to meet those candidates. Instead, Ancora Holdings has demanded that the Board agree to add 3 of Ancora Holdings? candidates to the Company Board and to significantly overhaul the leadership of the Board and the Company.

The Company stated that its interest in meeting with Ancora Holdings? candidates still stands.