ISS and Glass Lewis Recommend Cano Health Stockholders WITHHOLD on Incumbent Directors Dr. Alan Muney and Kim Rivera

Jun 07, 2023

Elliot Cooperstone, Lewis Gold and Barry Sternlicht (collectively with certain of their affiliates, the “Group” or “we”), who recently resigned as members of the Board of Directors (the “Board”) of Cano Health, Inc. (“Cano” or the “Company”) (NYSE: CANO) and collectively own an approximately 35% equity stake in the Company, today announced that both leading independent proxy advisory firms – Institutional Shareholder Services, Inc. (“ISS”) and Glass, Lewis & Co. ("Glass Lewis") – have recommended Cano stockholders WITHHOLD support for the Company’s two director candidates: Dr. Alan Muney, Chair of Cano’s Compensation Committee, and Kim Rivera, Chair of Cano’s Nominating and Corporate Governance Committee. Dr. Muney and Ms. Rivera, who also serve on Cano’s Audit Committee, are the only two directors up for re-election at the 2023 Annual Meeting of Stockholders (the “Annual Meeting”) scheduled to be held on June 15, 2023.

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