AREX Capital Urges Stockholders To Support Change At Enhabit At The Upcoming Annual Meeting

Reiterates that Two Leading Proxy Advisory Firms Have Recommended Stockholders Support Meaningful Change to Enhabit's Board

Reminds Stockholders that Enhabit Has Historically Made Excuses for Poor Performance and Empty Promises

Underscores Opportunity Stockholders Have to Add Industry-Specific Expertise to Enhabit's Board at the Annual Meeting on July 25th

AREX Capital Management, LP (together with its affiliates, "AREX"), the beneficial owner of approximately 4.9% of the outstanding common shares of Enhabit, Inc. (NYSE:EHAB) ("Enhabit" or the "Company"), today issued an open letter to its fellow stockholders asking them to address the deficiencies of Enhabit's current board of directors by electing the full AREX slate, which AREX believes will support the creation of long-term value for all stockholders.