On July 12, 2024, AREX Capital Management, LP announced that Institutional Shareholder Services Inc. (ISS), an independent proxy advisory firm, has recommended that Enhabit, Inc.'s stockholders support meaningful boardroom change by voting for 3 of its director candidates, Anna-Gene O'Neal, Mark W. Ohlendorf, and Gregory S. Sheff, at the Company's 2024 annual meeting of stockholders on July 25, 2024. AREX Capital Management also urges stockholders to elect its full slate to ensure the Company has a Board with the necessary industry-specific experience to oversee and guide management.