On November 29, 2021, Lee Enterprises, Incorporated commented on the purported notice submitted by Alden Global Capital, LLC seeking to nominate 3 candidates to stand for election to the Company's Board of Directors at the Company's 2022 annual meeting. In the statement, the Company stated that it has denied a request from Alden Global seeking certain nomination materials because Alden Global failed to comply with the clear and substantive requirements of the Company's bylaws and Alden Global did not subsequently submit a revised request. The Company added that consistent with its fiduciary duties and in consultation with its advisors, the Company's Board of Directors would carefully review Alden Global's purported notice for compliance with the nomination procedures and the information, documentation and other requirements that have been set forth in the Company's publicly available bylaws for over 2 years.

The Company stated that after completion of its review of Alden Global's purported notice, the Company would provide further information to shareholders.