Highlights That Politan's Independent and Ideally Qualified Nominees Dr. Darlene Solomon and William Jellison Are Urgently Needed in Masimo's Boardroom
Notes That Masimo's Nomination of Christopher Chavez Reflects a Continued Unwillingness to Add Truly Independent Directors to the Masimo Board
Encourages Shareholders to Remember That Politan Has Proposed Multiple Compromises to Avoid a Proxy Contest – Each of Which Would Have Kept Joe Kiani on the Board
Politan Capital Management (together with its affiliates, "Politan"), an 8.9% shareholder of Masimo Corporation ("Masimo" or the "Company") (NASDAQ:MASI), today announced that it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of two independent candidates for election to the Masimo Board of Directors (the "Board") at the upcoming 2024 Annual Meeting of Stockholders (the "Annual Meeting"), which is currently scheduled for July 25th. The record date for the Annual Meeting is set for June 13th.