Charles River Laboratories Announces Governance Updates and Strategic Review

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announced a Cooperation Agreement with Elliott Investment Management L.P., its largest investor, resulting in the appointment of four new directors to its Board, effective following the 2025 Annual Meeting of Shareholders. Four existing directors will not seek re-election. The Board will conduct a comprehensive strategic review to enhance long-term stockholder value. The changes are expected to bring seasoned industry expertise and fresh perspectives to the Board.

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About Charles River Laboratories International, Inc.

Charles River Laboratories International, Inc. provides essential services to the pharmaceutical, biotechnology, and life sciences industries. The company specializes in preclinical and clinical lab services, offering clients a comprehensive suite of drug discovery and development services that expedite the process of getting new drugs and therapies to the market. Notably, Charles River's facilities offer expertise in the fields of oncology, immunology, and neuroscience, making it a critical partner for companies working in these therapeutic areas. The firm operates globally, enhancing its customers' ability to operate internationally through its wide network of laboratories and testing facilities. By enabling more efficient drug development cycles and reducing the time to market for new therapies, Charles River Laboratories plays a crucial role in the advancement of medical science and patient care worldwide. The company's commitment to high standards of animal welfare and ethical practices further underscores its reputation as a leader in quality and reliability within the research community.