KSS - Public offerings

Issues Letter Regarding the Need for Substantial and Urgent Boardroom Change Following the Company's Most Recent Anti-Shareholder Actions Macellum Advisors GP, LLC (together with its affiliates, "Macellum" or "we"), a long-term holder of nearly 5% of the outstanding common shares of Kohl's Corporation (NYSE:KSS) ("Kohl's" or the "Company"), today announced that it has nominated a slate of ten highly qualified and independent candidates for election to the Company's Board of Directors (the "Board") at the 2022 Annual Meeting of Shareholders (the "Annual Meeting"). In connection with its nomination, Macellum issued an open letter to fellow shareholders. *** Fellow Shareholders, In the wak

Asserts the Board Should Publicly Commit to Running a Review of Strategic Alternatives, Including a Separation of the Ecommerce Business and a Sale of the Company Believes Kohl's' Standalone Ecommerce Business Could be Conservatively Valued at $12.4 Billion or More Based on Peer Valuations Expects Well-Capitalized Financial Sponsors Could Pay a 50% Premium, or $75 Per Share or More, to Acquire the Entire Company Engine Capital LP today announced that it has sent the below letter to Kohl's Corporation's (NYSE:KSS) Board of Directors. *** Dear Members of the Board: Engine Capital LP (together with its affiliates, "Engine" or "we") is a long-term shareholder of Kohl's Corporation ("Kohl'