On April 25, 2024, Dye & Durham Limited responded to a public letter issued by Engine Capital LP. The Company stated that its board of directors has engaged with Engine Capital and its joint actors over the past several months. The Company added that Engine Capital continues to display a stunning lack of understanding of the key value drivers of the Company's business.

The Company stated that Engine Capital's letter mischaracterizes the Company's track record of value creation, operational efficiency, and approach to capital allocation, and is reflective of their superficial understanding of the business, its history and its future. The Company stated that Engine Capital's letter contains many basic factual errors. The Company added that its Board and management team are aligned with shareholders and continues to drive disciplined execution and opportunities to enhance long term shareholder value.

The Company stated that its Board is committed to acting in the best interests of all of the Company's stakeholders and, it would continue welcome the opportunity to continue to engage in good faith with all shareholders.