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  "documentTitle": "Hestia Pitney Bowes Presentation April 2023",
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  "notes": "Includes specific callouts for value destruction relative to S&P 500 for two directors.",
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      "text": "*Denotes a director that is considered “stale” given they have served on the Board for over 10 years.",
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      "text": "Source: TSR data was obtained via Bloomberg and includes dividends reinvested. TSR data runs through the close of trading on November 18, 2022, which is the last day of trading prior to Hestia filing its Schedule 13D with the SEC.",
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      "kind": "callout",
      "text": "$100 invested in Pitney Bowes over Mr. Dutkowsky’s tenure is worth $52. If you invested $100 in the S&P over the same period, it would be worth $154.",
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      "text": "$100 invested in Pitney Bowes over Mr. Lautenbach’s tenure is worth $50. If you invested $100 in the S&P over the same period, it would be worth $241.",
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      "text": "Over all relevant time horizons – including the four incumbents we are seeking to remove whose respective tenures average 10+ years – the Company has delivered disastrous returns while market indices have significantly outperformed.",
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