Matthews International Corporation’s Response to ISS Report

PITTSBURGH, Feb. 07, 2025 (GLOBE NEWSWIRE) — Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) issued the following statement regarding a February 6, 2025 report by Institutional Shareholder Services (“ISS”):

Matthews International Corporation has always been committed to transparency and accountability to our shareholders. We take all reports and recommendations from reputable organizations such as ISS seriously and use them as valuable feedback to improve our operations.

In the ISS report, several areas of concern were raised regarding our corporate governance practices and executive compensation structure. While we believe that we have been operating in the best interest of our shareholders, we acknowledge the need to further evaluate and potentially revise our policies to align with shareholder expectations.

Impact on Shareholders

As a shareholder of Matthews International Corporation, the ISS report may have direct implications on your investments. It is important to stay informed about any changes the Company may implement in response to the report, as this can affect the value of your shares.

Global Implications

Matthews International Corporation is a global company with operations in multiple countries. Any changes made in response to the ISS report can have a ripple effect on the global market and impact stakeholders worldwide. It is crucial for investors and industry analysts to monitor these developments closely.

Conclusion

In conclusion, Matthews International Corporation is committed to upholding the highest standards of corporate governance and transparency. We value the feedback provided by ISS and will take proactive measures to address any concerns raised in the report. As we move forward, our focus remains on creating long-term value for our shareholders and contributing positively to the global economy.