On January 23, 2023, Hestia Capital Management LLC announced that it has nominated 7 independent candidates Milena Alberti-Perez, Todd Everett, Carl Grassi, Katie May, Ken McBride, Lance Rosenzweig and Kurt Wolf to the Pitney Bowes Inc board. In addition, Hestia Capital Management LLC announced that it intends to file a preliminary proxy statement with SEC to solicit proxies from shareholders of the Company to vote for its board nominees at the at the 2023 annual meeting of shareholders.