{ "schemaVersion": "deck-intelligence.v1", "id": "019dd923-622b-71dc-a6dd-83376dfee8c5", "slug": "f9837137b2e8", "title": "Taubman Centers, Inc. (TCO)", "subtitle": "Jonathan Litt · 2017-05", "author": "Jonathan Litt", "date": "2017-05-30 00:00:00", "pageCount": 4, "kind": "press-release", "orientation": "portrait", "aspectRatio": 0.77272725, "targetCompany": "Taubman Centers, Inc.", "targetTicker": "TCO", "document": { "id": "019dd923-622b-71dc-a6dd-83376dfee8c5", "slug": "f9837137b2e8", "title": "Taubman Centers, Inc. (TCO)", "rawTitle": "LandB TCO Press Release 5 30 2017", "authorId": "26_Land_and_Buildings", "authorName": "Jonathan Litt", "authorDisplay": "Jonathan Litt", "kind": { "slug": "press-release", "label": "Press release" }, "sourceType": { "slug": "activist_investor", "label": "Activist investor" }, "fileName": "2017-05-LandB-TCO-Press-Release-5-30-2017.pdf", "sourceUrl": "http://www.SaveTaubman.com", "sourceDate": "2017-05-30 00:00:00", "presentationDate": "2017-05-30 00:00:00", "ingestedAt": "2026-04-22 18:29:53+00", "status": "ready", "pageCount": 4, "orientation": "portrait", "aspectRatio": 0.77272725, "targetCompany": "Taubman Centers, Inc.", "targetTicker": "TCO", "metadata": { "local_root": "/tmp/legacy-images/f9837137b2e8", "activist_firm": "Land and Buildings", "origin_corpus": "contrarian", "extraction_seconds": 83.96534705162048 } }, "coverage": { "pageCount": 4, "pagesIndexed": 4, "pagesWithImages": 4, "pagesWithMetadata": 4, "imageCoveragePct": 100, "metadataCoveragePct": 100, "componentCount": 19, "chartCount": 0, "metricSlides": 0, "toolMatches": 2, "documentToolMatches": 1, "frameworkMatches": 0, "arcMatches": 1, "beatMatches": 4, "loopMatches": 1, "patternMatches": 0, "storymakersMatch": false, "scoreAvailable": false, "reviewAvailable": false, "activistThesisAvailable": true, "pitchdeckMetadataAvailable": false, "pitchdeckProfileAvailable": false }, "blocks": [], "matches": { "arcs": [ { "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null, "categoryName": "Strategy & Business", "categorySlug": "strategy-business" }, "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "evidence": "The document follows a clear Attention-Interest-Desire-Action structure", "isPrimary": true, "confidence": 0.8, "extraction": { "at": "2026-07-16 21:57:01.956899+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "beats": [ { "to": 1, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null, "categoryName": "Strategy & Business", "categorySlug": "strategy-business" }, "from": 1, "name": "Attention", "beatId": "70ab8ac2-569e-4caf-840c-0ebf16c20e48", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Attention", "slug": "aida-attention", "status": "active", "canonId": "019dd9b8-1086-7099-85c1-2f9cae7ea19d", "version": 1, "description": null }, "evidence": "The document starts with a bold statement and a clear address to the shareholders", "position": 0, "isPrimaryArc": true, "parentBeatType": { "name": "Hook", "slug": "hook", "status": "active", "canonId": "019dd9b8-01a6-7328-bff2-b22eb40b3ea5", "version": 1, "description": "The opener — a deliberate move to earn attention before any argument. Used by AIDA, Monroes, Pixar Pitch, Overcoming the Monster." }, "alignedBlockIds": null, "matchConfidence": 0.8 }, { "to": 2, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null, "categoryName": "Strategy & Business", "categorySlug": "strategy-business" }, "from": 2, "name": "Interest", "beatId": "8d245c5f-0a19-43af-964c-7c2bbf2a9c85", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Interest", "slug": "aida-interest", "status": "active", "canonId": "019dd9b8-115b-7640-827f-fd115885a984", "version": 1, "description": null }, "evidence": "The document presents a problem or an issue that requires shareholder attention", "position": 1, "isPrimaryArc": true, "parentBeatType": { "name": "Complication", "slug": "complication", "status": "active", "canonId": "019dd9b8-0275-7709-b2d6-4f77c3fc7579", "version": 1, "description": "The point in the narrative where the audience should feel discomfort. Required for argumentative arcs." }, "alignedBlockIds": null, "matchConfidence": 0.8 }, { "to": 3, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null, "categoryName": "Strategy & Business", "categorySlug": "strategy-business" }, "from": 3, "name": "Desire", "beatId": "4aaa7e43-2f74-4f2c-a962-83b84edeaf98", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Desire", "slug": "aida-desire", "status": "active", "canonId": "019dd9b8-11f0-704e-b2bb-fbb6a226467d", "version": 1, "description": null }, "evidence": "The document creates a sense of urgency and desire for change", "position": 2, "isPrimaryArc": true, "parentBeatType": { "name": "Evidence", "slug": "evidence", "status": "active", "canonId": "019dd9b8-03f9-772a-b84a-4f07b415b77a", "version": 1, "description": "A dedicated proof beat exists in only ~4 arcs (Gambit, Sequoia, AIDA, Monroes). Other arcs embed evidence inline within development." }, "alignedBlockIds": null, "matchConfidence": 0.8 }, { "to": 4, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null, "categoryName": "Strategy & Business", "categorySlug": "strategy-business" }, "from": 3, "name": "Action", "beatId": "6b225f51-756f-4949-9d4a-5d3935a6a88c", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Action", "slug": "aida-action", "status": "active", "canonId": "019dd9b8-1285-74f0-8552-c04c08014586", "version": 1, "description": null }, "evidence": "The document ends with a clear call to action, asking shareholders to vote for the GOLD Proxy Card", "position": 3, "isPrimaryArc": true, "parentBeatType": { "name": "Resolution", "slug": "resolution", "status": "active", "canonId": "019dd9b8-045d-703b-8dd7-e92aba3ba91b", "version": 1, "description": "How the deck ends. Required in 19/20 arcs. The exception (Sparkline) ends with new bliss which is functionally a resolution." }, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 4, "from": 1, "loop": { "name": "11_golden_circle", "slug": "11-golden-circle", "status": "active", "bestFor": "Visionary leadership, brand positioning, mission statements", "canonId": "019dd956-6a50-7202-882d-505fcb9922ed", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "description": "Invert the typical pitch by starting with why you exist, rather than what you do", "familyLabel": null, "categoryName": "Vision", "categorySlug": "vision" }, "matchId": "c98778de-b832-446c-8e4d-2eda26487b39", "evidence": "The document presents a clear why, what, and how for the shareholders to vote for the GOLD Proxy Card", "position": 0, "objective": "Why should shareholders vote for the GOLD Proxy Card?", "confidence": 0.6, "extraction": { "at": "2026-07-16 21:57:02.205384+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "tools": [ { "tool": { "name": "Villain naming", "slug": "villain-naming", "status": "active", "bestFor": "When governance or specific decisions are the core thesis", "canonId": "019dd9e1-55a4-74db-9314-0ced4cd46cd2", "version": 1, "bodyDocId": "019dd9a1-88f1-72ad-8f4e-56ec29d7b369", "description": "You identify a **specific person** responsible for the target's underperformance\nor the behaviour you want changed — and name them. Not \"management\" or \"the\nboard\". A named executive or director with a specific failure attributable to\nthem.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "document", "agents": null, "matchId": "78107456-30cf-4a03-b838-8078c0ff73fa", "evidence": "Taubman family (dual-class B-share voting block); Taubman Board", "pageRefs": null, "priority": null, "whenToUse": "When governance or specific decisions are the core thesis", "confidence": null, "extraction": { "at": "2026-04-29 12:07:49.936794+00", "model": "unknown-legacy", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": null, "whyItWorks": "- **Accountability needs a face.** Voters (shareholders, regulators,\n journalists) act faster against people than institutions.\n- **Credibility rises with specificity.** \"The CFO has repeatedly missed\n guidance\" > \"Management has missed guidance\".\n- It **pre-empts evasion**. An individual can be removed; an abstraction\n cannot.\n- It **forces the target to respond personally** — and their defensive\n response usually generates more attention for your thesis.", "antipattern": null, "cardinality": null, "narrativePurpose": null }, { "tool": { "name": "Slide recipe: Cover", "slug": "cover-slide", "status": "active", "bestFor": null, "canonId": "019df269-2a08-767d-9128-e7431e6fe8a3", "version": 1, "bodyDocId": "019df269-29e5-7738-b5fa-6892e5dc8e65", "description": "The first ten seconds. Build it deliberately.", "familyLabel": "slide-recipe", "categoryName": "Slide", "categorySlug": "slide" }, "agent": "designer", "layer": "slide", "agents": [ "designer" ], "matchId": "d94722cc-2521-4f83-9cb3-02e78284dc7b", "evidence": "This slide appears to be a cover page for a presentation, including the title and other publication details.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 03:55:18.050027+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 1, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null } ], "frameworks": [], "patterns": [] }, "storymakers": null, "score": null, "review": null, "activistThesis": { "tone": "mixed", "notes": "Press release wrapping Jonathan Litt's open letter to Taubman shareholders two days before the June 1, 2017 annual meeting. Rhetoric is pointed ('Band-Aid on a bullet wound', 'ill-gotten 30% voting block') but frames cooperation with CEO Bobby Taubman if elected. Cites endorsements from ISS, Glass Lewis, and Egan Jones. Word-processor layout with Land and Buildings wordmark on page 1; no charts or slide-level craft. Stake not disclosed in this document. Campaign URL: SaveTaubman.com.", "kpisCited": [ { "detail": "Estimated at $106/share, ~70% upside from current levels", "metric": "Net asset value per share" }, { "detail": ">85% of common shareholders voted to declassify the Board two years in a row, nearly 10 years before the 2017 pledge", "metric": "Shareholder declassification vote" }, { "detail": "Dual-class B-share structure grants the family approximately 30% voting control", "metric": "Taubman family voting block" }, { "detail": ">30% annualized gross return on completed investments since firm's 2008 founding", "metric": "Land and Buildings track record" }, { "detail": "Institutional Investor #1-ranked REIT analyst for 8 of 14 years", "metric": "Litt sell-side ranking" } ], "closingAsk": "Vote the GOLD proxy card to elect Jonathan Litt and Charles Elson to the Taubman Centers Board at the June 1, 2017 Annual Meeting.", "extraction": { "at": "2026-04-22 18:29:53+00", "model": "unknown-legacy", "runId": null, "seconds": 83.96535, "promptVersion": null }, "scqaReward": "Land and Buildings estimates Taubman's underlying asset value at approximately $106 per share — roughly 70% upside from current levels — with additional upside available from low-hanging operational improvements.", "thesisTypes": [ "governance_board", "undervaluation", "management_change" ], "top3Reasons": [ "Taubman's Class-A malls are worth ~$106/share — roughly 70% upside from current levels", "Dual-class B-shares hand the Taubman family a 30% voting block and block reform", "Eleventh-hour board declassification is 'a Band-Aid on a bullet wound' after 85% declassification vote" ], "scqaSituation": "Taubman Centers owns a best-in-class portfolio of Class-A shopping malls, a REIT segment Land and Buildings believes will thrive despite retail's omni-channel disruption thanks to premium tenants and durable investor demand.", "thesisSummary": "Land and Buildings, a REIT-focused activist run by Jonathan Litt, is waging a proxy fight at Taubman Centers ahead of the June 1, 2017 annual meeting, seeking to elect Litt and corporate-governance expert Charles Elson to the staggered board. Litt argues Taubman's Class-A mall portfolio is worth approximately $106 per share, roughly 70% above the current price, but entrenched governance — particularly the Taubman family's dual-class B-share structure which confers a ~30% voting block — has prevented best-in-class assets from translating into best-in-class shareholder returns. Citing support from ISS, Glass Lewis, and Egan Jones, Litt dismisses Taubman's eleventh-hour declassification pledge, announced two days before the vote and ten years after 85% of common holders supported declassification, as a 'Band-Aid on a bullet wound,' and urges shareholders to vote the GOLD proxy card.", "primaryDemands": [ "Elect Jonathan Litt and Charles Elson to the Taubman Board via the GOLD proxy card", "Dismantle the Taubman family dual-class B-share structure and its ~30% voting block", "Replace cosmetic board-refreshment with genuine independent governance expertise", "Close the valuation gap between Taubman's Class-A mall assets and its share price" ], "scqaResolution": "Vote the GOLD proxy card on June 1, 2017 to elect Jonathan Litt and corporate-governance expert Charles Elson, installing two independent directors to drive operational, strategic, and governance reforms alongside CEO Bobby Taubman.", "thesisOneLiner": "Taubman's best-in-class malls are worth ~$106/share (~70% upside), but the family's dual-class 30% voting block blocks reform — elect Litt and governance expert Elson.", "precedentsCited": [], "scqaComplication": "The Taubman family's dual-class B-share structure delivers a ~30% voting block atop a staggered board, preventing the company from closing the gap between its premium assets and peer-lagging shareholder returns despite a prior 85% declassification vote.", "narrativeInterest": 3, "notableSlidePages": [ 1, 2, 3 ], "peerCompaniesCited": [ "Class-A mall REIT peers" ], "valuationFrameworks": [ "asset_value" ], "visualCraftInterest": 1 }, "pitchdeck": { "metadata": null, "profile": null }, "slides": [ { "page": 1, "type": "setup", "title": "The document is a formal press release issued on May 30, 2017.", "function": "front_matter", "imagePath": "https://imgproxy.kitesheet.com/Yi9_o6I992CMVePhVpFD7QSY-SxNHyS2YscUYv8kbUM/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mOTgzNzEzN2IyZTgvcDAwMS5wbmc", "rawType": "cover", "block": null, "metadata": { "slideType": "cover", "slideTypeCanon": { "name": "Cover", "slug": "cover", "status": "active", "canonId": "019de52d-05f2-729d-9f93-e0504f0a2410", "version": 1, "description": null }, "function": "front_matter", "functionCanon": { "name": "Front matter", "slug": "front_matter", "status": "active", "canonId": "019de52d-133d-73f0-9e26-201eda96b098", "version": 1, "description": null }, "density": "dense", "densityScore": 63, "componentCount": 6, "textChars": 1004, "nDataPoints": 1, "notes": "The document is a formal press release issued on May 30, 2017.", "elementsJson": [ "logo_grid", "headline_text", "paragraph" ], "confidence": 1, "extraction": { "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "at": "2026-05-02 20:54:52.82+00", "seconds": 2.872, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019dd923-622b-71dc-a6dd-83376dfee8c5/1", "deck": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5", "deckAnchor": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5#slide-1", "deckJson": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5.json" }, "components": [ { "bbox": null, "kind": "callout", "text": "Believes Company Announcement to De-Stagger Board Two Days Before Annual Meeting and 10 Years after More than 85 percent of Common Shareholders Voted for this Measure is Too Little Too Late and Fails to Address Deeply Imbedded Issues with Taubman Governance Structure.", "attrs": null, "canon": { "kind": { "name": "Callout", "slug": "callout", "status": "active", "canonId": "019de52c-f8d3-761a-8953-7d37080de5e2", "version": 1, "description": "Highlighted callout box." }, "tool": { "name": "Visual emphasis", "slug": "visual-emphasis", "status": "active", "bestFor": null, "canonId": "019dd9e1-474b-736b-a8eb-a794dd88241c", "version": 1, "bodyDocId": null, "description": "Drawing the eye to one element above the rest of the slide.", "familyLabel": null }, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-04-23 02:35:57+00", "model": "unknown-legacy", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "019dd953-78b7-702e-9622-6a0a8fd2b738", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.5, "x": 0.25, "y": 0.08 }, "kind": "image", "text": "LANDandBUILDINGS", "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:52.82+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f67de186-cd8b-4ec8-b674-08fd4779f0ea", "parentComponentId": null }, { "bbox": { "h": 0.2, "w": 0.7, "x": 0.15, "y": 0.25 }, "kind": "list", "text": "Details the Exceptional Value Creation Opportunity at Taubman and the Unique Quality of its Portfolio; Discusses Commitment to Work Collaboratively; Criticizes Board De-Staggering; Notes Proxy Advisor Support.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:52.82+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "2d95a235-0060-490d-a54f-3838e32058d3", "parentComponentId": null }, { "bbox": { "h": 0.1, "w": 0.7, "x": 0.15, "y": 0.48 }, "kind": "paragraph", "text": "Stamford, CT — May 30, 2017 — Land & Buildings Investment Management, LLC announced today that its Founder and CIO, Jonathan Litt, has issued an open letter to shareholders of Taubman Centers, Inc. in connection with the upcoming 2017 Annual Meeting.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:52.82+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "5ca0b0df-b58d-4753-ba76-2e5f3d2ce641", "parentComponentId": null }, { "bbox": { "h": 0.15, "w": 0.7, "x": 0.15, "y": 0.62 }, "kind": "paragraph", "text": "With Taubman Centers’ upcoming Annual Meeting scheduled to be held in just two days (June 1, 2017), each of you has the opportunity to help shape the future of our Company.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:52.82+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "edff72d9-293c-499d-abc3-e01dcb154df8", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.7, "x": 0.15, "y": 0.18 }, "kind": "title", "text": "Land and Buildings’ Jonathan Litt Releases Open Letter to Shareholders of Taubman Centers", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:52.82+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "73c1c520-7e35-43b0-b4b0-c19aba186873", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Slide recipe: Cover", "slug": "cover-slide", "status": "active", "bestFor": null, "canonId": "019df269-2a08-767d-9128-e7431e6fe8a3", "version": 1, "bodyDocId": "019df269-29e5-7738-b5fa-6892e5dc8e65", "description": "The first ten seconds. Build it deliberately.", "familyLabel": "slide-recipe", "categoryName": "Slide", "categorySlug": "slide" }, "agent": "designer", "layer": "slide", "agents": [ "designer" ], "matchId": "d94722cc-2521-4f83-9cb3-02e78284dc7b", "evidence": "This slide appears to be a cover page for a presentation, including the title and other publication details.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 03:55:18.050027+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 1, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 1, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null }, "from": 1, "name": "Attention", "beatId": "70ab8ac2-569e-4caf-840c-0ebf16c20e48", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Attention", "slug": "aida-attention", "status": "active", "canonId": "019dd9b8-1086-7099-85c1-2f9cae7ea19d", "version": 1, "description": null }, "evidence": "The document starts with a bold statement and a clear address to the shareholders", "position": 0, "isPrimaryArc": true, "parentBeatType": { "name": "Hook", "slug": "hook", "status": "active", "canonId": "019dd9b8-01a6-7328-bff2-b22eb40b3ea5", "version": 1, "description": "The opener — a deliberate move to earn attention before any argument. Used by AIDA, Monroes, Pixar Pitch, Overcoming the Monster." }, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 4, "from": 1, "loop": { "name": "11_golden_circle", "slug": "11-golden-circle", "status": "active", "bestFor": "Visionary leadership, brand positioning, mission statements", "canonId": "019dd956-6a50-7202-882d-505fcb9922ed", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "description": "Invert the typical pitch by starting with why you exist, rather than what you do", "familyLabel": null }, "matchId": "c98778de-b832-446c-8e4d-2eda26487b39", "evidence": "The document presents a clear why, what, and how for the shareholders to vote for the GOLD Proxy Card", "position": 0, "objective": "Why should shareholders vote for the GOLD Proxy Card?", "confidence": 0.6, "extraction": { "at": "2026-07-16 21:57:02.205384+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "thumbSrc": "https://imgproxy.kitesheet.com/-gYwEengaA5Ly8vrJCdQEIOXmNu8iLqjUNawPCtrI1g/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mOTgzNzEzN2IyZTgvcDAwMS5wbmc", "imagePathAlt": "https://imgproxy.kitesheet.com/pxvYWlR4P8T8gjrffRINMROTsBH6ULSdomF6TJ17k2A/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mOTgzNzEzN2IyZTgvcDAwMS5qcGc", "thumbSrcAlt": "https://imgproxy.kitesheet.com/cM-jccGgeK5-YV_YrmGoDYEeEd9mb22fK4JmFTna0ZI/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mOTgzNzEzN2IyZTgvcDAwMS5qcGc" }, { "page": 2, "type": "appendix", "title": "Image file at /tmp/legacy-images/f9837137b2e8/slides/002.jpg does not exist; could not inspect page contents.", "function": "other", "rawType": "other", "block": null, "metadata": { "slideType": "other", "slideTypeCanon": { "name": "Other (fallback)", "slug": "other", "status": "active", "canonId": "019de52d-0af5-71ed-83de-d51ae245fc43", "version": 1, "description": null }, "function": "other", "functionCanon": { "name": "Other (fallback)", "slug": "other", "status": "active", "canonId": "019de52d-15e1-75bc-99dc-07732380e2ce", "version": 1, "description": null }, "density": "sparse", "densityScore": 0, "componentCount": null, "textChars": null, "nDataPoints": 0, "notes": "Image file at /tmp/legacy-images/f9837137b2e8/slides/002.jpg does not exist; could not inspect page contents.", "elementsJson": null, "confidence": 0, "extraction": { "model": "claude-cli", "runId": null, "at": "2026-05-03 03:43:15.746+00", "seconds": null, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019dd923-622b-71dc-a6dd-83376dfee8c5/2", "deck": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5", "deckAnchor": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5#slide-2", "deckJson": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5.json" }, "components": [], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 2, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null }, "from": 2, "name": "Interest", "beatId": "8d245c5f-0a19-43af-964c-7c2bbf2a9c85", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Interest", "slug": "aida-interest", "status": "active", "canonId": "019dd9b8-115b-7640-827f-fd115885a984", "version": 1, "description": null }, "evidence": "The document presents a problem or an issue that requires shareholder attention", "position": 1, "isPrimaryArc": true, "parentBeatType": { "name": "Complication", "slug": "complication", "status": "active", "canonId": "019dd9b8-0275-7709-b2d6-4f77c3fc7579", "version": 1, "description": "The point in the narrative where the audience should feel discomfort. Required for argumentative arcs." }, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 4, "from": 1, "loop": { "name": "11_golden_circle", "slug": "11-golden-circle", "status": "active", "bestFor": "Visionary leadership, brand positioning, mission statements", "canonId": "019dd956-6a50-7202-882d-505fcb9922ed", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "description": "Invert the typical pitch by starting with why you exist, rather than what you do", "familyLabel": null }, "matchId": "c98778de-b832-446c-8e4d-2eda26487b39", "evidence": "The document presents a clear why, what, and how for the shareholders to vote for the GOLD Proxy Card", "position": 0, "objective": "Why should shareholders vote for the GOLD Proxy Card?", "confidence": 0.6, "extraction": { "at": "2026-07-16 21:57:02.205384+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 3, "type": "setup", "title": "This is a press release text document.", "function": "closing_ask", "rawType": "closing_ask", "block": null, "metadata": { "slideType": "closing_ask", "slideTypeCanon": { "name": "Closing ask", "slug": "closing_ask", "status": "active", "canonId": "019de52d-0aa4-750f-8aa1-8d622dd99f5c", "version": 1, "description": null }, "function": "closing_ask", "functionCanon": { "name": "Closing ask (contrarian)", "slug": "closing_ask", "status": "active", "canonId": "019de52d-18d2-7137-8c99-0a14eb350f0f", "version": 1, "description": null }, "density": "overcrowded", "densityScore": 85, "componentCount": 11, "textChars": 1380, "nDataPoints": 1, "notes": "This is a press release text document.", "elementsJson": [ "paragraph", "footnote" ], "confidence": 1, "extraction": { "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "at": "2026-05-02 20:54:53.207+00", "seconds": 3.241, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019dd923-622b-71dc-a6dd-83376dfee8c5/3", "deck": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5", "deckAnchor": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5#slide-3", "deckJson": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5.json" }, "components": [ { "bbox": { "h": 0.05, "w": 0.7, "x": 0.15, "y": 0.62 }, "kind": "callout", "text": "Please vote the GOLD proxy card to allow Charles and I the opportunity to help restore Taubman to the prominence it deserves.", "attrs": null, "canon": { "kind": { "name": "Callout", "slug": "callout", "status": "active", "canonId": "019de52c-f8d3-761a-8953-7d37080de5e2", "version": 1, "description": "Highlighted callout box." }, "tool": null, "subkind": { "name": "Primary callout", "slug": "primary", "status": "active", "canonId": "019de52c-fbd1-70eb-a9ce-8997f8674c1d", "version": 1, "description": null }, "framework": null }, "subkind": "primary", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "ec81adac-4105-42ea-b61c-dbe0d4345360", "parentComponentId": null }, { "bbox": null, "kind": "callout", "text": "Ultimately this move is akin to treating a bullet wound with a Band-Aid.", "attrs": null, "canon": { "kind": { "name": "Callout", "slug": "callout", "status": "active", "canonId": "019de52c-f8d3-761a-8953-7d37080de5e2", "version": 1, "description": "Highlighted callout box." }, "tool": { "name": "Visual emphasis", "slug": "visual-emphasis", "status": "active", "bestFor": null, "canonId": "019dd9e1-474b-736b-a8eb-a794dd88241c", "version": 1, "bodyDocId": null, "description": "Drawing the eye to one element above the rest of the slide.", "familyLabel": null }, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-04-23 02:35:57+00", "model": "unknown-legacy", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "019dd953-78b7-702e-9622-53dd91592597", "parentComponentId": null }, { "bbox": { "h": 0.15, "w": 0.7, "x": 0.15, "y": 0.36 }, "kind": "paragraph", "text": "Fundamentally it comes down to this: no step short of removing the Taubman family's dual class B-share structure and ill-gotten 30% voting block will truly protect shareholders.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "8f883403-1e1c-45f1-83ec-b52fa38f78ef", "parentComponentId": null }, { "bbox": { "h": 0.1, "w": 0.7, "x": 0.15, "y": 0.25 }, "kind": "paragraph", "text": "What the Taubman Board has repeatedly failed to understand is that this is not about winning or losing, it is about doing everything possible to create value for Taubman shareholders.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "a527723d-67a6-4846-8651-03d93fbf3a16", "parentComponentId": null }, { "bbox": { "h": 0.15, "w": 0.7, "x": 0.15, "y": 0.09 }, "kind": "paragraph", "text": "the Annual Meeting and nearly 10 years after more than 85 percent of common shareholders voted to declassify the Board two years in a row, is simply too little too late.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "bd20c0e3-8812-46a2-bb10-c0b3703446bb", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.7, "x": 0.15, "y": 0.55 }, "kind": "paragraph", "text": "We are excited by the opportunity at Taubman Centers and are committed to ensuring that your interests remain paramount in the boardroom.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f2c545fb-4c84-4a62-aba9-722f50a689b8", "parentComponentId": null }, { "bbox": null, "kind": "quote", "text": "There is no guarantee that, if given another occasion to make a unilateral choice in contravention to shareholders' wishes, the board will not destroy shareholder value. — Institutional Shareholder Services (ISS)", "attrs": null, "canon": { "kind": { "name": "Quote", "slug": "quote", "status": "active", "canonId": "019de52c-f8fb-751e-8bc6-d58e2d59562a", "version": 1, "description": "Pull quote or testimonial." }, "tool": { "name": "Authority citation", "slug": "authority-citation", "status": "active", "bestFor": null, "canonId": "019dd9e1-49ae-7557-89ad-3fca70469b45", "version": 1, "bodyDocId": null, "description": "Quoting an authority figure, study, or precedent to lend weight.", "familyLabel": null }, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-04-23 02:35:57+00", "model": "unknown-legacy", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "019dd953-78b7-702e-9622-54dc6de9f1b2", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.5, "x": 0.15, "y": 0.92 }, "kind": "source-note", "text": "4 Permission to quote from the ISS report was neither sought nor obtained.", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "a809964d-b4d6-4ad0-9fed-20d00379b839", "parentComponentId": null }, { "bbox": { "h": 0.08, "w": 0.7, "x": 0.15, "y": 0.83 }, "kind": "subtitle", "text": "About Land and Buildings: Land and Buildings is a registered investment manager specializing in publicly traded real estate and real estate related securities.", "attrs": null, "canon": { "kind": { "name": "Subtitle", "slug": "subtitle", "status": "active", "canonId": "82d821ee-2793-42e7-8f16-c6131385a3ce", "version": 1, "description": "Header-zone supporting text near the title (= ex body.description with bbox)." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f6970189-f474-4c98-9aaa-7865fb6c7925", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.4, "x": 0.3, "y": 0.77 }, "kind": "title", "text": "Vote the GOLD Proxy Card Today!", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Action title", "slug": "action-title", "status": "active", "canonId": "019de52c-fb31-734c-a0f5-a3935b73135d", "version": 1, "description": null }, "framework": null }, "subkind": "action-title", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "3f0e8dca-06e2-4c92-a637-08109dcd489c", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.4, "x": 0.3, "y": 0.73 }, "kind": "title", "text": "It is Time for Change and Accountability.", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:53.207+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "39872db4-ba52-40f5-8791-7aee142393c0", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 3, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null }, "from": 3, "name": "Desire", "beatId": "4aaa7e43-2f74-4f2c-a962-83b84edeaf98", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Desire", "slug": "aida-desire", "status": "active", "canonId": "019dd9b8-11f0-704e-b2bb-fbb6a226467d", "version": 1, "description": null }, "evidence": "The document creates a sense of urgency and desire for change", "position": 2, "isPrimaryArc": true, "parentBeatType": { "name": "Evidence", "slug": "evidence", "status": "active", "canonId": "019dd9b8-03f9-772a-b84a-4f07b415b77a", "version": 1, "description": "A dedicated proof beat exists in only ~4 arcs (Gambit, Sequoia, AIDA, Monroes). Other arcs embed evidence inline within development." }, "alignedBlockIds": null, "matchConfidence": 0.8 }, { "to": 4, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null }, "from": 3, "name": "Action", "beatId": "6b225f51-756f-4949-9d4a-5d3935a6a88c", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Action", "slug": "aida-action", "status": "active", "canonId": "019dd9b8-1285-74f0-8552-c04c08014586", "version": 1, "description": null }, "evidence": "The document ends with a clear call to action, asking shareholders to vote for the GOLD Proxy Card", "position": 3, "isPrimaryArc": true, "parentBeatType": { "name": "Resolution", "slug": "resolution", "status": "active", "canonId": "019dd9b8-045d-703b-8dd7-e92aba3ba91b", "version": 1, "description": "How the deck ends. Required in 19/20 arcs. The exception (Sparkline) ends with new bliss which is functionally a resolution." }, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 4, "from": 1, "loop": { "name": "11_golden_circle", "slug": "11-golden-circle", "status": "active", "bestFor": "Visionary leadership, brand positioning, mission statements", "canonId": "019dd956-6a50-7202-882d-505fcb9922ed", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "description": "Invert the typical pitch by starting with why you exist, rather than what you do", "familyLabel": null }, "matchId": "c98778de-b832-446c-8e4d-2eda26487b39", "evidence": "The document presents a clear why, what, and how for the shareholders to vote for the GOLD Proxy Card", "position": 0, "objective": "Why should shareholders vote for the GOLD Proxy Card?", "confidence": 0.6, "extraction": { "at": "2026-07-16 21:57:02.205384+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 4, "type": "setup", "function": "front_matter", "rawType": "appendix_disclosure", "block": null, "metadata": { "slideType": "appendix_disclosure", "slideTypeCanon": { "name": "Appendix disclosure", "slug": "appendix_disclosure", "status": "active", "canonId": "019de52d-07b2-7549-8e8b-932a19f6e616", "version": 1, "description": null }, "function": "front_matter", "functionCanon": { "name": "Front matter", "slug": "front_matter", "status": "active", "canonId": "019de52d-133d-73f0-9e26-201eda96b098", "version": 1, "description": null }, "density": "sparse", "densityScore": 12, "componentCount": 2, "textChars": 209, "nDataPoints": 0, "notes": null, "elementsJson": [ "paragraph" ], "confidence": 1, "extraction": { "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "at": "2026-05-02 20:54:52.24+00", "seconds": 1.935, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019dd923-622b-71dc-a6dd-83376dfee8c5/4", "deck": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5", "deckAnchor": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5#slide-4", "deckJson": "/decks/019dd923-622b-71dc-a6dd-83376dfee8c5.json" }, "components": [ { "bbox": { "h": 0.071, "w": 0.165, "x": 0.146, "y": 0.224 }, "kind": "paragraph", "text": "Investor Contact: D.F. King & Co., Inc. Edward McCarthy, 212-493-6952, emccarthy@dfking.com", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:52.24+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "2bab96a2-297d-407f-9b1e-a26cab5dafaf", "parentComponentId": null }, { "bbox": { "h": 0.088, "w": 0.215, "x": 0.146, "y": 0.121 }, "kind": "paragraph", "text": "Media Contact: Dan Zacchei / Joe Germani, Sloane & Company, 212-486-9500, Dzacchei@sloanepr.com, JGermani@sloanepr.com", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 20:54:52.24+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "9152a1da-e5a1-4196-9465-5ebfd08cf523", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 4, "arc": { "name": "AIDA", "slug": "aida", "status": "active", "bestFor": "Marketing presentations, product launches, sales enablement", "canonId": "019dd956-5fb4-77aa-866d-f9bdd47803af", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Interest -> Desire -> Action", "description": null, "familyLabel": null }, "from": 3, "name": "Action", "beatId": "6b225f51-756f-4949-9d4a-5d3935a6a88c", "matchId": "842ce231-550a-459e-80b7-c7e2f4be2bed", "beatType": { "name": "Action", "slug": "aida-action", "status": "active", "canonId": "019dd9b8-1285-74f0-8552-c04c08014586", "version": 1, "description": null }, "evidence": "The document ends with a clear call to action, asking shareholders to vote for the GOLD Proxy Card", "position": 3, "isPrimaryArc": true, "parentBeatType": { "name": "Resolution", "slug": "resolution", "status": "active", "canonId": "019dd9b8-045d-703b-8dd7-e92aba3ba91b", "version": 1, "description": "How the deck ends. Required in 19/20 arcs. The exception (Sparkline) ends with new bliss which is functionally a resolution." }, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 4, "from": 1, "loop": { "name": "11_golden_circle", "slug": "11-golden-circle", "status": "active", "bestFor": "Visionary leadership, brand positioning, mission statements", "canonId": "019dd956-6a50-7202-882d-505fcb9922ed", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "description": "Invert the typical pitch by starting with why you exist, rather than what you do", "familyLabel": null }, "matchId": "c98778de-b832-446c-8e4d-2eda26487b39", "evidence": "The document presents a clear why, what, and how for the shareholders to vote for the GOLD Proxy Card", "position": 0, "objective": "Why should shareholders vote for the GOLD Proxy Card?", "confidence": 0.6, "extraction": { "at": "2026-07-16 21:57:02.205384+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true } ], "arcBeats": [ { "from": 1, "to": 1, "label": "Attention", "description": "The document starts with a bold statement and a clear address to the shareholders" }, { "from": 2, "to": 2, "label": "Interest", "description": "The document presents a problem or an issue that requires shareholder attention" }, { "from": 3, "to": 3, "label": "Desire", "description": "The document creates a sense of urgency and desire for change" }, { "from": 3, "to": 4, "label": "Action", "description": "The document ends with a clear call to action, asking shareholders to vote for the GOLD Proxy Card" } ], "loops": [ { "from": 1, "to": 4, "label": "Golden Circle", "description": "Why should shareholders vote for the GOLD Proxy Card?" } ] }