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Leading Proxy Advisory Firm ISS Recommends PENN Entertainment Shareholders Vote “FOR” All Three Director Candidates Nominated by HG Vora

1. ISS recommends PENN shareholders vote for HG Vora's new director candidates. 2. Successful elections may bring strategic changes to PENN's management.

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FAQ

Why Bullish?

The endorsement from ISS can drive positive shareholder sentiment, similar to past proxy battles enhancing company governance, which can lead to stock price appreciation.

How important is it?

The outcome of the proxy vote can significantly shape PENN's strategic direction, influencing investor confidence and stock valuation.

Why Short Term?

Immediate voting results can influence market perception; historically, such events have prompted rapid stock movements.

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NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended that shareholders of PENN Entertainment, Inc. (NASDAQ: PENN) (“PENN” or the “Company”) cast their votes “FOR” the election of all three independent director candidates nominated by HG Vora – William Clifford, Johnny Hartnett, and Carlos Ruisanchez – to the Company's Bo.

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