On March 16, 2026, Advantage Solutions Inc. held a special meeting of stockholders where significant proposals were voted upon. The primary proposal involved approving amendments to the Company's Third Amended and Restated Certificate of Incorporation to implement a reverse stock split of the Company's Class A common stock at a ratio ranging from 1-for-10 to 1-for-25. The stockholders overwhelmingly supported this proposal, with 289,434,910 votes in favor, representing approximately 99% of the votes cast. The reverse stock split is expected to become effective on March 26, 2026, at 5:00 p.m. ET, with trading on a split-adjusted basis commencing on March 27, 2026. This strategic move aims to enhance the marketability of the Company's shares and potentially attract a broader range of investors. Additionally, the stockholders approved a second proposal to adjourn the meeting if necessary to solicit additional proxies, although this was not required as the first proposal passed successfully. The reverse stock split will adjust the number of shares underlying the Company's outstanding equity awards and shares issuable under the Company's equity incentive plans, ensuring that no fractional shares will be issued. Instead, stockholders will receive cash payments for any fractional shares based on the closing price on the effective date. This decision reflects the Company's ongoing efforts to optimize its capital structure and improve shareholder value.

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