Mattel comments on letter from Southeastern Asset Management

Mattel issued the following statement regarding Southeastern Asset Management, Inc.’s (“Southeastern”) letter to the Company’s Board of Directors (the “Board”).

Mattel maintains ongoing communication with its shareholders and values their perspectives. We appreciate Southeastern’s continued engagement with the Company, including our conversations this year.

Our Board of Directors and management team are committed to acting in the best interests of all Mattel shareholders. The Board regularly reviews the Company’s strategy, performance, and opportunities to enhance long-term value, and will continue to consider the views expressed in Southeastern’s letter.

Mattel is focused on executing its strategy to grow the Company’s IP-driven play and family entertainment business and create long-term shareholder value.

Source: https://corporate.mattel.com/news/mattel-comments-on-letter-from-southeastern-asset-management