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Committee For Aerojet Rocketdyne Shareholders and Value Maximization Releases Presentation Detailing the Urgent Need for a Special Meeting of Shareholders

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-Highlights the Tactics that the Lichtenstein / Steel Partners Group Have Used to Delay the 2022 Annual Meeting of Shareholders

-Urges Shareholders to Sign the WHITE Consent Card to Support Call for a Special Meeting

EL SEGUNDO, Calif., May 10, 2022 /PRNewswire/ -- Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization today issued a comprehensive presentation that details the urgent need for stockholders to support the call for a special meeting of stockholders. As a reminder, this is a necessary step in light of Executive Chairman Warren Lichtenstein's and his associates' continuing refusal to agree to a date certain and unconditioned for the 2022 annual meeting of shareholders.

The presentation is available at https://maximizeajrdvalue.com/.

CLICK HERE TO DOWNLOAD AND VIEW THE INVESTOR PRESENTATION

Shareholders with questions can contact our solicitor: D.F. King & Co., (212) 269-5550 (collect) or via e-mail at AJRD@dfking.com.

Important Information
This communication is being sent in our individual capacity, and not on or behalf of Aerojet Rocketdyne Holdings, Inc (the "Company"). No Company resources were used in connection with these materials. On May 3, 2022, Eileen P. Drake and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization filed a definitive solicitation statement with the Securities and Exchange Commission (the "SEC") in connection with the solicitation of agent designations to call a special meeting of stockholders of the Company.

Contact:
D.F. King & Co., Inc.
Edward T. McCarthy / Tom Germinario
AJRD@dfking.com

Cision View original content:https://www.prnewswire.com/news-releases/committee-for-aerojet-rocketdyne-shareholders-and-value-maximization-releases-presentation-detailing-the-urgent-need-for-a-special-meeting-of-shareholders-301543552.html

SOURCE Committee for Aerojet Rocketdyne Shareholders and Value Maximization

Aerojet Rocketdyne Holdings, In

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Guided Missile and Space Vehicle Manufacturing
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Rancho Cordova

About AJRD

aerojet rocketdyne holdings, inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the united states. the company operates through two segments, aerospace and defense, and real estate. the aerospace and defense segment offers aerospace and defense products and systems for the united states government, including the department of defense, the national aeronautics and space administration, and aerospace and defense prime contractors. this segment provides liquid and solid rocket propulsion systems, air-breathing hypersonic engines, and electric power and propulsion systems for space, defense, civil, and commercial applications; and armament systems. the real estate segment engages in the re-zoning, entitlement, sale, and leasing of the company's excess real estate assets. it owns approximately 11,394 acres of land adjacent to the united states highway 50 between rancho cordova and folsom, california east of sacramento. the company was formerly know