American Vanguard sends letter to stockholders defending board, urging vote against Cruiser nominees

AMERICAN VANGUARD CORP

Annual Meeting set for June 1, 2022; board unanimously urges vote FOR ALL nine WHITE proxy card nominees.
Company claims Q1 2022 earnings exceeded targets and mid-double-digit growth anticipated for full year.
Acquisitions overseen by board delivered $222M in sales with 15% EBITDA margin.
Cruiser's nominees lack relevant experience; two have never served on a for-profit board.
Cruiser's hedge fund recorded a lifetime portfolio loss of 28.7% as of March 2022.

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