{
  "docId": "019de077-12e7-748e-8429-8dc02eb8b66e",
  "docSlug": "a526af075cb9e69555a317508f9132d2",
  "documentTitle": "Saba Capital Management | Activist Presentation Deck | 33 slides",
  "authorId": "saba-capital-management",
  "authorName": "Saba Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7744917,
  "pageNumber": 14,
  "pageCount": 33,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "nominee_bio",
  "function": "introduce_nominees",
  "density": "balanced",
  "nDataPoints": 4,
  "notes": "The slide uses the 'villain' framing by associating current board members with poor performance metrics (discount to NAV).",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de077-12e7-748e-8429-8dc02eb8b66e/14",
  "deckHref": "/decks/019de077-12e7-748e-8429-8dc02eb8b66e",
  "deckJsonHref": "/decks/019de077-12e7-748e-8429-8dc02eb8b66e.json",
  "deckAnchorHref": "/decks/019de077-12e7-748e-8429-8dc02eb8b66e#slide-14",
  "components": [
    {
      "bbox": {
        "h": 0.2,
        "w": 0.15,
        "x": 0.12,
        "y": 0.35
      },
      "kind": "image",
      "text": "William Donovan",
      "attrs": null,
      "subkind": "headshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "05d4cd39-5aee-4b82-97c8-be6081ada3c2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.15,
        "x": 0.54,
        "y": 0.35
      },
      "kind": "image",
      "text": "Mary Joan Hoene",
      "attrs": null,
      "subkind": "headshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "586399e4-055a-4ebd-80a2-3eacd64b377c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.15,
        "x": 0.33,
        "y": 0.35
      },
      "kind": "image",
      "text": "Bruce Hanson",
      "attrs": null,
      "subkind": "headshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "60f5adf4-22c6-4791-8c56-5a7b97ffc87a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.15,
        "x": 0.75,
        "y": 0.35
      },
      "kind": "image",
      "text": "Axel Merk",
      "attrs": null,
      "subkind": "headshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f50c0d37-ca7d-46c0-9761-8e3ace2d25aa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "paragraph",
      "text": "We believe ASA's current directors have demonstrated a disregard for ASA's recent underperformance and discount to NAV. Replacing ASA's directors with our nominees will bring enhanced independence, an unaffiliated shareholder perspective and relevant experience to the Fund's Board.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d7b823b4-e4a6-464f-a1d1-f828de74020b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "ASA's proxy statement, Bloomberg.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ded5dc8c-44d5-4858-8089-a861a233ac5d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "We Are Seeking to Replace ASA's Current Board",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2af1e649-5402-4b69-836e-071d4f1806bd",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "antagonist-introduction",
      "slug": null,
      "matchId": "2f7c2703-b5e4-46ce-a2a4-664a877bc0be",
      "evidence": "The slide frames the current board members as the cause of underperformance to justify their removal.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}