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Each Glass Lewis and ISS Advocate McDonald’s Shareholders Vote FOR ALL of McDonald’s Director Nominees

McDonald’s Board of Administrators Urges Shareholders to Vote FOR ALL of its Director Nominees on the WHITE Proxy Card TODAY

CHICAGO, Could 17, 2022 /PRNewswire/ — McDonald’s Company (NYSE: MCD) in the present day issued the next assertion in response to a report revealed by proxy advisory agency Glass, Lewis & Co. (“Glass Lewis”) on Could 17, 2022, relating to the election of administrators to McDonald’s Board on the Firm’s 2022 Annual Shareholders’ Assembly, scheduled to be held on Could 26, 2022, at 9:00 a.m. CT:

McDonald’s appreciates Glass Lewis’ help of the election of all of McDonald’s administrators, which is aligned with the report revealed by Institutional Shareholder Providers (“ISS”) on Could 16, 2022. We’re happy that Glass Lewis famous the next:

  • “…the Firm seems to be making significant progress in direction of assembly its aim of responsibly phasing out gestation crates from its U.S. provide chain, and the Firm has provided an inexpensive rationale for the current delay in its progress.”

  • “After evaluate, we don’t see any proof to recommend the Firm’s apply of housing pregnant sows within the preliminary section of being pregnant represents a considerable deviation from present trade apply.”

  • “…we imagine the Dissident has did not make a sufficiently compelling case to warrant the boardroom modifications it’s searching for right here… we imagine the Dissident’s marketing campaign takes on a decidedly simplistic and myopic view of ESG issues, with no substantive regard given to the economics of the Firm’s enterprise nor to the creation of shareholder worth. Additional, we imagine the Dissident Nominees lack the requisite background, {qualifications} and expertise for serving on the board of a big multinational agency such because the Firm.”

The Board reminds shareholders that each vote is necessary. The McDonald’s Board of Administrators urges shareholders to vote FOR ALL of McDonald’s director nominees on the WHITE proxy card and to ignore any supplies, together with any gold proxy card, that could be despatched to you by the Icahn Group.

Shareholders with questions or who want help voting their shares could name the Firm’s proxy solicitors: Innisfree M&A Included at (877) 456-3463 (toll-free from the U.S. or Canada) or (412) 232-3651 (from different international locations); or Kingsdale Advisors at (855) 683-3113 (toll-free in North America) or (416) 867-2272 (exterior of North America).

Extra supplies relating to McDonald’s 2022 Annual Shareholders’ Assembly will be discovered at VoteForMcD.com.

Centerview Companions and PJT Companions are appearing as McDonald’s monetary advisors. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Davis Polk & Wardwell LLP are serving as authorized counsel.

About McDonald’s
McDonald’s is the world’s main world foodservice retailer with greater than 39,000 areas in over 100 international locations. Roughly 95% of McDonald’s eating places worldwide are owned and operated by unbiased native enterprise house owners.

Ahead-Trying Statements
This launch and different written or oral statements made every now and then by McDonald’s Company (“McDonald’s”) include forward-looking statements about future occasions and circumstances. Usually talking, any assertion not primarily based upon historic truth is a forward-looking assertion. Specifically, statements relating to McDonald’s plans, methods, prospects and expectations relating to its enterprise and trade are forward-looking statements. They replicate McDonald’s expectations, aren’t ensures of efficiency and converse solely as of the date hereof. Besides as required by legislation, McDonald’s doesn’t undertake to replace such forward-looking statements. You shouldn’t rely unduly on forward-looking statements. McDonald’s enterprise outcomes are topic to a wide range of dangers, together with these which can be described in its Quarterly Report on Type 10-Q for the quarter ended March 31, 2022 and subsequent filings with the Securities and Trade Fee (the “SEC”).

IMPORTANT ADDITIONAL INFORMATION REGARDING PROXY SOLICITATION

McDonald’s has filed a definitive proxy assertion and WHITE proxy card with the SEC in reference to its solicitation of proxies for its 2022 Annual Assembly. MCDONALD’S SHAREHOLDERS ARE ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT (AND ANY AMENDMENTS AND SUPPLEMENTS THERETO), THE ACCOMPANYING WHITE PROXY CARD AND OTHER DOCUMENTS FILED WITH THE SEC IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION. McDonald’s shareholders could receive a replica of the definitive proxy assertion (and any amendments and dietary supplements thereto), the accompanying WHITE proxy card and different related paperwork filed by McDonald’s with the SEC with out cost from the SEC’s web site at www.sec.gov. McDonald’s shareholders may receive a replica of those paperwork with out cost by sending a request to [email protected] or visiting the investor part of the McDonald’s web site at www.investor.mcdonalds.com.

CERTAIN INFORMATION REGARDING PARTICIPANTS

McDonald’s, its administrators and sure of its govt officers are members within the solicitation of proxies from McDonald’s shareholders in reference to the issues to be thought-about on the 2022 Annual Assembly. Info relating to the possession of McDonald’s administrators and govt officers in McDonald’s frequent inventory is included within the definitive proxy assertion for its 2022 Annual Assembly, filed with the SEC on April 8, 2022, which will be discovered by means of the SEC’s web site at www.sec.gov. Modifications to such possession have been or shall be mirrored on Statements of Modifications in Helpful Possession on Type 4 filed with the SEC. Particulars regarding the nominees of the McDonald’s Board of Administrators for election on the 2022 Annual Assembly are additionally included in such definitive proxy assertion.

Contacts
McDonald’s Company International Communications
Jesse Lewin
[email protected]

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SOURCE McDonald’s Company

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