Victoria’s Secret urges shareholders to support its board amid proxy contest by BBRC, highlighting strong growth and strategy.

Victoria’s Secret & Co. filed a supplement to its proxy statement responding to a proxy contest launched by BBRC International Pte Limited and its Chairman Brett Blundy, who oppose the re-election of two board members. The company highlighted its strong financial performance, including a 152% total shareholder return since CEO Hillary Super's appointment, and warned that BBRC's contest could disrupt its momentum. One director, Mariam Naficy, will not seek re-election due to the distraction caused by the contest. The board is searching for a new director with expertise in technology and AI and urges shareholders to vote for its nominees to continue the company’s growth strategy and value creation.