Illumina Urges Shareholders to Vote the WHITE Proxy Card FOR all Nine of Illumina's Nominees

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[{"type":"text","content":"SAN DIEGO, April 20, 2023 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, today urged shareholders to vote in favor of Illumina's slate of highly qualified director nominees. It also announced that its Annual Meeting will be held virtually on May 25, 2023, at 10:00 am Pacific Time (1:00 pm Eastern Time).\nIllumina's Board of Directors urges shareholders to protect their investment and reject all three of Carl Icahn's nominees by voting the WHITE proxy card today \"FOR\" all nine of the Company's Board of Directors. Shareholders of record as of close of business on April 3, 2023, are entitled to vote at the meeting. \nIllumina's Board is led by an independent chair, John W. Thompson, a highly distinguished executive with a long history of shareholder value creation, and all nine members are independent with the exception of Chief Executive Officer Francis A. deSouza. Members of the Board bring an extensive range of professional backgrounds and skills relevant to Illumina's business.\nCarl Icahn seeks to replace Mr. Thompson, Mr. deSouza, and Robert S. Epstein, MD, with his nominees. Icahn's nominees cannot replace the unique collection of strengths and experience that these three directors bring to the Board.\nThe Board does not endorse Carl Icahn or his unqualified nominees and believes the election of any such nominees would detract from Illumina's long-term strategy.\nCarl Icahn, whose firm owns less than 1.5% of Illumina's outstanding common shares, has made it clear that his three director nominees – Jesse A. Lynn, Andrew J. Teno, and Vincent J. Intrieri, all current or former Icahn employees – would represent Mr. Icahn's interests on the Board of Illumina and answer to Carl Icahn, not the shareholders of Illumina. Unlike Icahn's director nominees, Illumina's Board of Directors acts in the best interests of all of its shareholders and exercises considered and deliberate independent judgement.\nMr. Thompson brings over four decades of experience leading high-growth companies. He is currently a director at Microsoft and previously held roles as lead independent director and chair of its board, where he led the appointment of Satya Nadella as CEO. Since his appointment to the board in 2012, as of fiscal year 2022, revenue more than doubled to $198.3 billion, net inc...

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