TrueBlue adopts poison pill after HireQuest's $7.50/share unsolicited bid

TrueBlue, Inc.

HireQuest (HQI) made unsolicited proposal to acquire TrueBlue at $7.50 per share.
TrueBlue Board adopted limited-duration Rights Agreement expiring May 13, 2026.
Rights trigger at 15% beneficial ownership (20% for passive institutional holders).
Upon trigger, rights holders (excluding acquiring person) can buy TrueBlue shares at 50% discount.
Existing holders with ≥15% ownership before announcement are grandfathered; increases void that status.

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