{ "docId": "019de076-c40a-723b-abe8-4e89c14c75ce", "docSlug": "dc587cd27aca856dd55f7ef078bc99c4", "documentTitle": "Blackwells Capital | Activist Presentation Deck | 22 slides", "authorId": "blackwells-capital", "authorName": "Blackwells Capital", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-02-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7794254, "pageNumber": 2, "pageCount": 22, "prevPage": 1, "nextPage": 3, "slideType": "disclaimer", "function": "other", "density": "balanced", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de076-c40a-723b-abe8-4e89c14c75ce/2", "deckHref": "/decks/019de076-c40a-723b-abe8-4e89c14c75ce", "deckJsonHref": "/decks/019de076-c40a-723b-abe8-4e89c14c75ce.json", "deckAnchorHref": "/decks/019de076-c40a-723b-abe8-4e89c14c75ce#slide-2", "components": [ { "bbox": { "h": 0.35, "w": 0.43, "x": 0.05, "y": 0.15 }, "kind": "disclaimer", "text": "The views expressed in this presentation (the \"Presentation\") represent the opinions of Blackwells Capital LLC and/or certain of its affiliates (\"Blackwells\") and the investment funds it manages that hold shares in The Wall Disney Company (the \"Company\", \"Disney\" or \"DIS\"). The Presentation is for informational purposes only, and it does not have regard to the specific investment objective, financial situation, suitability or particular need of any specific person who may receive the Presentation and should not be taken as advice on the merits of any investment decision. The views expressed in the Presentation represent the opinions of Blackwells and are based on publicly available information with respect to the Company and from other third-party reports. Blackwells recognizes that there may be confidential information in the possession of the Company that could lead it or others to disagree with Blackwells' conclusions. Blackwells reserves the right to change any of its opinions expressed herein at any time as it deems appropriate and disclaims any obligation to notify the market or any other party of any such change, except as required by law. The information contained herein is current only as of the date of this Presentation. Blackwells disclaims any obligation to update the information or opinions contained herein. Certain financial projections and statements made herein have been derived or obtained from filings made with the U.S. Securities and Exchange Commission (\"SEC\") or other regulatory authorities and from other third-party reports. Neither Blackwells nor any of its affiliates shall be responsible or have any liability for any misinformation contained in any SEC or other regulatory filing or third-party report. Select figures included in this Presentation have not been calculated using generally accepted accounting principles (\"GAAP\") and have not been", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1f591e63-0735-4579-97d5-801f51582678", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.35, "w": 0.43, "x": 0.52, "y": 0.15 }, "kind": "disclaimer", "text": "Though this Presentation may contain projections, nothing in this Presentation is, or is intended to be, a prediction of the future trading price or market value of securities of the Company. Accordingly, there is no assurance or guarantee with respect to the prices at which any securities of the Company will trade, and such securities may not trade at prices that may be implied herein. The estimates, projections and potential impact of the opportunities identified by Blackwells herein are based on assumptions that Blackwells believes to be reasonable as of the date of the Presentation, but there can be no assurance or guarantee that (i) any of the proposed actions set forth in this Presentation will be completed, (ii) the actual results or performance of the Company will not differ, and such differences may be material, or (iii) any of the assumptions provided in this Presentation are accurate. There can be no assurance that the projected results or forward-looking statements included herein will prove to be accurate, and therefore actual results could differ materially from those set forth in, contemplated by, or underlying these forward-looking statements. In light of the significant uncertainties inherent in the projected results and forward-looking statements included herein, the inclusion of such information should not be regarded as a representation as to future results or that the objectives and strategic initiatives expressed or implied by such projected results and forward-looking statements will be achieved. Blackwells will not undertake and specifically declines any obligation to disclose the results of any revisions that may be made to any projected results or forward-looking statements herein to reflect events or circumstances after the date of such projected results or statements or to reflect the occurrence of anticipated or unanticipated events.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f733f280-5de4-47f8-a00d-e200030bfde4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.035, "w": 0.164, "x": 0.418, "y": 0.045 }, "kind": "title", "text": "DISCLAIMER", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7354624a-be92-4965-9b44-3f97878a0251", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }