On January 28, 2022, Strategic Investment Opportunities LLC delivered to Lee Enterprises, Incorporated a letter requesting to inspect a complete list of the Company’s stockholders and certain other corporate records as permitted by applicable state law. Strategic Investment Opportunities stated that the purpose of the stockholder list demand letter is to enable Strategic Investment Opportunities to communicate with the Company’s stockholders in connection with its solicitation and any other matters that may properly come before the annual meeting.
Lee Enterprises, Incorporated is a provider of local news and information in the markets it serves with digital subscription and advertising platforms. The Companyâs product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche publications, all delivering original local news and information. The Companyâs products offer print and digital editions, and its content and advertising are available in real time through its websites and mobile apps. It operates in predominately mid-sized communities with products ranging from daily newspapers and associated digital products, such as the St. Louis Post-Dispatch and The Buffalo News, to non-daily newspapers with news websites and digital platforms serving smaller communities. The Company is focused on three categories: subscriptions to its product offerings, advertising and marketing solutions to local advertisers, and digital services to a diverse set of customers.
LEE ENTERPRISES, INCORPORATED 
