On February 28, 2024, Mattel announced that it was looking forward to engaging with Barington as the Company does with all the shareholders and the Company welcomes this initial outreach as it is reviewing Barington letter. The Company added that James Mitarotonda, chairman of Barington, said since its initial letter was sent that the firm has had positive discussions with the Company CEO Ynon Kreiz, but declined to discuss them in detail.