Rent-A-Center, Inc.

Engaged Capital primarily employs a long, 'constructive activist' strategy to identify attractive investment opportunities over the full cycle of market and economic conditions. The firm primarily seeks investments that can be made at discounts to their estimates of intrinsic value as determined by fundamental analysis and where there are identifiable catalysts for recognition of that value within a defined investment timeframe. In conjunction with the long-focused part of their activist strategy, Engaged Capital often hedges their concentrated long investments. This is typically accomplished through the short sale of a basket of equities that is comprised of companies that the firm believes are under-performing, over-valued companies with similar risks to the long position. Investments span a broad spectrum of industries and geographies, generally focusing on companies with small- to mid-market capitalizations. Investments are generally made in public equities in which Engaged Capital either works with management to effect change or, where management is unwilling to do so, they pursue a shareholder activist strategy.Engaged Capital is an activist firm and is included in the SharkWatch50 as one the 50 most prominent activist investors.

HRCM primarily uses fundamental methods of security analysis. The firm uses include direct interviews with management, inspections of corporate activities, research materials prepared by others, corporate rating services, annual reports, prospectuses, filings with the SEC, company press releases, financial newspapers and magazines as well as proprietary financial models as their main sources of information. They believe that the smaller-cap market is relatively inefficient. The investment strategies used to implement any investment advice given to clients include long-term purchases and short-term purchases. HRCM's research process begins by screening a universe of stocks with future expected earnings growth and a market cap consistent with the range of market caps of each strategy's respective benchmarks. To uncover companies with dominant competitive positions, positive business and market trends, and solid management teams that are committed to enhancing shareholder value, they make an additional research to the most promising purchase candidates.

Cloverdale Capital Management LLC is a private company headquartered in Dallas, TX, with a presence in the Cayman Islands. The firm provides investment advice. It was founded in 2014 by Christopher Jonathan Gattman, he has been the CEO since the inception date.