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      "text": "Starboard outlined a thoughtful plan for GCP's future and why the status quo is unacceptable.",
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      "text": "GCP has attempted to mislead shareholders and redirect attention away from its track record of poor performance, rather than address our valid concerns around the performance of the Company under the stewardship of the current Board.",
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      "text": "1. GCP's track record of poor operating and financial performance; 2. Management's lack of accountability and track record of missed expectations; 3. Significant management compensation and governance concerns; 4. Starboard's plan to improve operations and create value for shareholders; 5. Starboard's plan to improve governance and management oversight.",
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      "text": "(1) See updated slide 50 from our April 30th presentation included in Appendix A attached hereto for additional detail.",
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