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JANA PARTNERS PROVIDES UPDATE ON SIX FLAGS INVESTOR GROUP

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JANA Partners (investor group) announced on November 13, 2025 that Dave Habiger has de-grouped from the JANA-led investor group that collectively holds an economic interest of approximately 9% in Six Flags Entertainment Corporation (NYSE: FUN). The announcement says Habiger left the group to pursue a complementary opportunity involving Six Flags.

The update only reports the change in group membership and the stated reason for his departure; no transaction, voting change, or shift in ownership percentage was disclosed.

JANA Partners (gruppo di investitori) ha annunciato 11 novembre 2025 che Dave Habiger si è separato dal gruppo di investitori guidato da JANA che detiene collettivamente una partecipazione economica di circa il 9% di Six Flags Entertainment Corporation (NYSE: FUN). L'annuncio afferma che Habiger ha lasciato il gruppo per perseguire una opportunità complementare che coinvolge Six Flags.

L'aggiornamento riporta solo il cambiamento nell'appartenenza al gruppo e la ragione dichiarata per la sua partenza; non sono stati comunicati nessun'operazione, cambiamento di voto o variazione nella percentuale di proprietà.

JANA Partners (grupo de inversores) anunció el 13 de noviembre de 2025 que Dave Habiger se ha desvinculado del grupo de inversores liderado por JANA que en conjunto posee una participación económica de aproximadamente el 9% de Six Flags Entertainment Corporation (NYSE: FUN). El anuncio dice que Habiger dejó el grupo para seguir una oportunidad complementaria que involucra a Six Flags.

La actualización solo reporta el cambio en la membresía del grupo y la razón declarada para su salida; no se divulgó ninguna transacción, cambio de voto o variación en el porcentaje de propiedad.

JANA Partners (투자자 그룹)은 2025년 11월 13일에 JANA가 주도하는 투자자 그룹에서 해제되었으며, 이 그룹은 합산적으로 Six Flags Entertainment Corporation (NYSE: FUN)에 대해 대략 9%의 경제적 이해관계를 보유하고 있다고 발표했습니다. 발표에 의하면 Habiger는 Six Flags와 관련된 보완적 기 Opportunities를 추구하기 위해 그룹을 떠났다고 합니다.

해당 업데이트는 그룹 구성원의 변화와 그가 떠난 이유에 대한 진술만 보도하며, 거래, 투표 변경 또는 소유지분의 변화는 공개되지 않았습니다.

JANA Partners (groupe d'investisseurs) a annoncé le 13 novembre 2025 que Dave Habiger s'était retiré du groupe d'investisseurs dirigé par JANA qui détient collectivement une participation économique d'environ 9% de Six Flags Entertainment Corporation (NYSE: FUN). L'annonce indique que Habiger a quitté le groupe pour poursuivre une opportunité complémentaire impliquant Six Flags.

La mise à jour ne rapporte que le changement dans l'appartenance au groupe et la raison déclarée de son départ; aucune transaction, changement de vote ou variation du pourcentage de propriété n'a été divulguée.

JANA Partners (Anlegergruppe) gab am 13. November 2025 bekannt, dass Dave Habiger sich aus der von JANA geführten Investorengruppe, die gemeinsam eine wirtschaftliche Beteiligung von etwa 9% an Six Flags Entertainment Corporation (NYSE: FUN) hält, gelöst hat. Die Mitteilung besagt, dass Habiger die Gruppe verlassen hat, um eine ergänzende Gelegenheit im Zusammenhang mit Six Flags zu verfolgen.

Das Update berichtet lediglich über die Veränderung der Gruppenmitgliedschaft und den genannten Grund für sein Ausscheiden; keine Transaktion, Stimmrechtsänderung oder Veränderung des Eigentumsanteils wurde offengelegt.

JANA Partners (مجموعة مستثمرين) أعلنت في 13 نوفمبر 2025 أن ديف هابيجر أصبح مفصولاً من المجموعة الاستثمارية التي تقودها JANA والتي تمتلك بشكل جماعي مصلحة اقتصادية تقارب 9% من شركة Six Flags Entertainment Corporation (NYSE: FUN). تقول الأعلان أن هابيجير ترك المجموعة لمتابعة فرصة تكميلية تتعلق بـ Six Flags.

التحديث يقتصر على الإبلاغ عن التغير في عضوية المجموعة والسبب المذكور لمغادرته؛ لم يتم الإبلاغ عن أي صفقة أو تغيير في التصويت أو تغير في نسبة الملكية.

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NEW YORK, Nov. 13, 2025 /PRNewswire/ -- JANA Partners LLC ("JANA"), which along with its partners collectively own an economic interest of approximately 9% in Six Flags Entertainment Corporation (NYSE: FUN) ("Six Flags" or the "Company"), today announced that Dave Habiger has de-grouped from the JANA-led investor group to enable him to pursue a complementary opportunity involving the Company.

About JANA Partners
JANA Partners was founded in 2001 by Barry Rosenstein. JANA invests in undervalued public companies and engages with management teams and boards to unlock value for shareholders.

Press Contacts
Jonathan Gasthalter/Nathaniel Garnick
Gasthalter & Co.
JANA@Gasthalter.com
(212) 257-4170

Disclaimer 
This press release and the opinions herein are for general information only, and are not intended to be, nor should they be construed as, an offer to sell or a solicitation of an offer to buy any security, a recommendation to purchase or sell any security, or legal, financial, tax, investment, or other advice. Funds managed by JANA currently beneficially own and have other economic interests in shares of the Company.  Travis Kelce has a financial interest in certain of the Company's securities, including, but not limited to, investments relating to the Company in such funds managed by JANA.  These funds are in the business of trading (i.e., buying and selling) securities and intend to continue trading in the securities of the Company. You should assume such funds, as well as other funds in which Travis Kelce has a financial interest, may from time to time sell all or a portion of their respective holdings of the Company in open market transactions or otherwise, buy additional shares (in open market or privately negotiated transactions or otherwise), or trade in options, puts, calls, swaps or other derivative instruments relating to such shares, subject to applicable law. Consequently, JANA's or Travis Kelce's beneficial ownership of shares of, and/or economic interest in, the Company may vary over time depending on various factors, with or without regard to their respective views of the Company's business, prospects, or valuation (including the market price of the Company's shares), including without limitation, other investment opportunities available to them, concentration of positions in the portfolios managed by them, conditions in the securities markets and general economic and industry conditions. JANA and Travis Kelce each reserve the right to change any of their respective opinions expressed herein at any time as they deem appropriate and disclaim any obligation to notify the market or any other party of any such change, except as required by law.

Cision View original content:https://www.prnewswire.com/news-releases/jana-partners-provides-update-on-six-flags-investor-group-302614440.html

SOURCE JANA Partners

FAQ

Who left the JANA-led investor group for Six Flags (NYSE: FUN) on November 13, 2025?

Dave Habiger de-grouped from the JANA-led investor group on November 13, 2025.

How much economic interest does the JANA-led group hold in Six Flags (FUN)?

The JANA-led group collectively holds approximately 9% economic interest in Six Flags.

Did the November 13, 2025 update report any change to the JANA group's ownership percentage in FUN?

No; the announcement did not disclose any change to the group's reported ~9% economic interest.

Did the press update state why Dave Habiger left the group for Six Flags (FUN)?

Yes; it said he de-grouped to pursue a complementary opportunity involving the company.

Does the November 13, 2025 announcement indicate any transaction or new activist proposal for FUN?

No; the notice only reports the membership change and does not describe any transaction or new proposal.

Where can investors find official updates about the JANA group's stake in Six Flags (FUN)?

Investors should monitor company filings and investor communications for any formal changes to ownership or proposals.
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