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Beaver Hollow Wellness Responds to Servotronics' Escalating Proxy Tactics

1. BHW criticizes SVT's board for prioritizing executive payouts over shareholder value. 2. Change of control provisions may incentivize excessive compensation for executives. 3. BHW aims to implement reforms fostering accountability and operational efficiency. 4. Shareholders urged to support BHW's nominees for the board. 5. BHW's vision includes lean manufacturing and improved capital allocation.

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FAQ

Why Bearish?

The negative press surrounding the board's actions could deter investors, reflecting poorly on SVT's governance. Historical examples show companies experiencing stock declines under similar governance issues.

How important is it?

The criticism of the board and calls for reform affect overall company sentiment and governance structure, crucial for investor confidence.

Why Short Term?

The news could lead to immediate reactions from shareholders and the market based on upcoming votes. Over the long-term, restructuring could yield positive results if implemented successfully.

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BHWGEBANOC
Calls for Accountability and Shareholder-Centered Reform , /PRNewswire/ -- Beaver Hollow Wellness, LLC ("BHW"), the largest active shareholder of Servotronics, Inc. (NASDAQ: SVT), today issued the following statement in response to the Company's amended proxy statement filed April 22, 2025: "Servotronics' latest filing is a clear sign of a board under pressure and out of touch," said Paul L. Snyder III, Chairman of BHW. "The escalation in rhetoric, along with newly inserted language about 'change of control' compensation, demonstrates that the Company is more focused on protecting executive payouts than delivering value to shareholders." Change of Control Provisions – A Self-Serving ShieldIn a newly inserted clause, the Board claims that replacing a majority of directors could trigger "change in control" provisions that result in accelerated equity awards and enhanced severance benefits for current executives. It is outrageous that the very Board responsible for awarding these outlandish payouts, is now attempting to use them as a scare tactic with shareholders. This Board has focused on granting Golden Parachutes to their cronies, in stark contrast BHW is focused on rebuilding this once great manufacturing company. Any executive payout should be fair, transparent, and performance-based—not triggered by shareholder votes for accountability. BHW Reaffirms Its Commitment to Responsible StewardshipBHW seeks to implement lean manufacturing principles, overhaul supply chain operations, and ensure zero-defect deliverability. not to disrupt the company's operations. Instead, it seeks to introduce oversight that prioritizes shareholder interests, responsible capital allocation, and operational excellence. The nominees include professionals with backgrounds in aerospace, finance, manufacturing, and governance. "We call on shareholders to reject the fear tactics and vote for experience, independence, and accountability," Snyder said. "Our SAVE Servotronics plan is clear, constructive, and credible." Vote for Real ChangeBHW urges shareholders to use the WHITE universal proxy card to vote for all four BHW nominees:- Paul L. Snyder III- Christine R. Marlow- Michael W. Dolpp- Charles C. Alfiero For more information, visit: www.SaveServotronics.com Media ContactKevin KeenanKeenan Communications Group(716) 481-6806[email protected] Investor ContactBrian ValerioAlliance Advisors[email protected] SOURCE Beaver Hollow Wellness WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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