Saga Communications provides strategic update; Gate City nominates four board candidates

SAGA COMMUNICATIONS INC

Saga outlines strategic actions: digital strategy, cost efficiencies, board refresh, and non-core asset sales with proceeds for buybacks/dividends.
Gate City Capital Management nominated four candidates for board election at the 2025 Annual Meeting; Saga disputes Gate City's assertions as unfounded.
Company is recruiting a board member with significant digital marketing experience to enhance governance.
Earnings call scheduled for March 11, 2025 at 11:00am EDT; dial-in (973) 528-0008, code 424193.
Saga reiterates commitment to shareholder value through cost-cutting, stock repurchases, and ongoing evaluation of asset sales.

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