On April 14, 2021, W. R. Grace & Co. and 40 North Management LLC announced that the parties have agreed to extend the nomination deadline for 40 North to submit director candidates for election to the Company’s Board of Directors at its 2021 annual meeting of shareholders from April 15, 2021 until April 26, 2021. The Company and 40 North stated that they are in ongoing discussions regarding a potential transaction. The Company and 40 North added that there can be no assurance that a transaction would result and the parties have agreed not to comment further before April 26, 2021.