Harley-Davidson urges shareholders to vote for all company nominees

Harley-Davidson (HOG) issued a statement addressing H Partners’ accusations of improper conduct: “Regrettably, H Partners has been pursuing a misleading and disruptive campaign for weeks. As our 2025 Annual Meeting of Shareholders approaches, H Partners has resorted to a desperate, last-ditch attempt to sway shareholders. The Harley-Davidson Board is operating with the utmost integrity and in accordance with concepts of responsible corporate governance, concepts that H Partners clearly does not understand. Unlike H Partners and their self-serving antics, the Board is committed to one thing, acting in the best interests of all shareholders. The facts are as follows: The Harley-Davidson Board of Directors has developed and is executing a thoughtful and deliberate CEO search process, as well as Board refreshment planning. Each of the three Directors targeted by H Partners, Jochen Zeitz, Tom Linebarger and Sara Levinson, is critical to this CEO search process and the successful onboarding of the next leader of Harley-Davidson, which is why they are standing for re-election at this month’s Annual Meeting. H Partners had their chance to be an integral part of this search process to help guide the selection of a new CEO – they gave that up. Before doing so, however, they consistently supported the very CEO, strategy and Directors they now find so objectionable. Mere months ago, they voted for the Company’s current Director nominees to stand for reelection, and their preferred CEO candidate was carefully considered on an accelerated basis by the Board. H Partners’ latest missive is yet another unfortunate attempt to distract shareholders from these undeniable facts.”