May 3, 2021

Box Responds to Starboard Value and Reiterates the Board’s Unified Commitment to Stockholder Value Creation

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Box, Inc. (NYSE: BOX) today issued the following statement in response to the letter issued by Starboard Value LP (“Starboard”): Over the last two years, the Box Board of Directors and management team have embraced suggestions from Starboard and other stockholders, taking meaningful action to enhance Box’s corporate governance and improve profitability, while also pursuing a comprehensive review of a wide range of strategic options. Building on these actio


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