On January 14, 2020, GCP Applied Technologies Inc. announced that it would like to tell its employees of a development regarding the election of members of its Board of Directors that takes place every year at the Company’s annual stockholders’ meeting. The Company added that it has issued a news release in response to the nomination of 9 candidates for election to the Company’s Board by its stockholders, Starboard Value LP. The Company also stated that it will continue open communication with its stockholders, including Starboard Value, about how best to support those objectives and create value for all of its stockholders.