On March 2, 2018, Land & Buildings Investment Management, LLC announced that it has nominated a director candidate for election to the Taubman Centers, Inc. Board of Directors at the upcoming 2018 annual meeting of shareholders. Additionally, Land & Buildings announced that it has submitted a non-binding business proposal for an advisory vote at the 2018 annual meeting that would substantially improve the ability of all Taubman shareholders to make their voices heard with respect to the direction of the Company.