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Third Independent Advisory Firm Recommends Aerojet Rocketdyne Stockholders Consent to the Calling of a Special Meeting

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— Egan Jones Joins ISS and Glass Lewis in Recommending Stockholders Consent to a Special Meeting

EL SEGUNDO, Calif., May 24, 2022 /PRNewswire/ -- Eileen P. Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization (the "Committee") today announced that Egan Jones has recommended that stockholders consent to the request of special meeting of stockholders sought by the Committee.

Egan Jones is the third independent proxy advisory firm to recommend that stockholders "CONSENT" to the request of a special meeting sought by the Committee. As previously announced, Institutional Shareholder Services (ISS) and Glass Lewis & Co. have also recommended that stockholders "CONSENT" to the request of a special meeting of stockholders. 

Stockholders that need assistance in executing the Agent Designation, or have any questions, can contact the Committee's solicitor, D.F. King & Co., Inc., at (212) 269-5550 (collect) or via e-mail at AJRD@dfking.com

Important Information 

This communication is being sent by members of the Committee 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. We have neither sought nor obtained consent from any third party to use any statements or information indicated herein. 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 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 

Committee's Website:
https://maximizeajrdvalue.com/ 

Cision View original content:https://www.prnewswire.com/news-releases/third-independent-advisory-firm-recommends-aerojet-rocketdyne-stockholders-consent-to-the-calling-of-a-special-meeting-301553853.html

SOURCE Committee for Aerojet Rocketdyne Shareholders and Value Maximization

Aerojet Rocketdyne Holdings, In

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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