• Ingles Markets escalated proxy fight with Summer Road ahead of shareholder vote, urging investors to back only board nominees Rebekah Lowe and Dwight Jacobs on white proxy card.
• Board argued Summer Road nominee Rory Held has conflicts due to trustee roles tied to Sackler family trusts, raising concerns about divided fiduciary loyalties.
• Ingles also challenged Held’s real estate proposals, warning “financial engineering” could sacrifice long-term value for short-term gains.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ingles Markets Incorporated published the original content used to generate this news brief via Business Wire (Ref. ID: 202604200655BIZWIRE_USPR_____20260419_BW713764) on April 20, 2026, and is solely responsible for the information contained therein.