Superior Industries International, Inc. (NYSE:SUP), the largest
manufacturer of aluminum wheels for passenger cars and light-duty
vehicles in North America, announced that it has filed its definitive
proxy materials with the Securities and Exchange Commission and
commenced mailing to stockholders of record, in connection with its 2016
Annual Meeting of Stockholders, which will be held at The Westin Hotel
(Detroit Metropolitan Airport), 2501 Worldgateway Place, Detroit,
Michigan, 48242 on Tuesday, April 26, 2016, at 10:00 a.m., Eastern Time.
The record date for determining those stockholders eligible to receive
notice of, and to vote at, the 2016 Annual Meeting was March 11, 2016.
About Superior Industries
Headquartered in Southfield, Michigan, Superior is the largest
manufacturer of aluminum wheels for passenger cars and light-duty
vehicles in North America. From its plants in the U.S. and Mexico, the
company supplies aluminum wheels to the original equipment market. Major
customers include BMW, FCA, Ford, General Motors, Mazda, Nissan, Subaru,
Tesla, Toyota and Volkswagen. For more information, visit www.supind.com.
Forward-Looking Statements
We caution readers that this press release contains statements that are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements include all
statements that do not relate solely to historical or current facts and
can generally be identified by the use of future dates or words such as
"may," "should," "could," “will,” "expects," "seeks to," "anticipates,"
"plans," "believes," "estimates," "intends," "predicts," "projects,"
"potential" or "continue" or the negative of such terms and other
comparable terminology. These statements also include, but are not
limited to, statements regarding the anticipated proxy contest by GAMCO
Asset Management, Inc. and the other participants in its solicitation,
our initiatives to strengthen the Company’s manufacturing platform, our
plan to increase our operating efficiencies, our objectives to increase
our diversification and value-added sales and our strategic plan, and
are based on current expectations, estimates, and projections about the
Company's business based, in part, on assumptions made by management.
These statements are not guarantees of future performance and involve
risks, uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may differ materially from what
is expressed or forecasted in such forward-looking statements due to
numerous factors, risks, and uncertainties discussed in the company's
Securities and Exchange Commission filings and reports, including the
Company's Annual Report on Form 10-K for the fiscal year 2015 and our
reports from time to time filed with the Securities and Exchange
Commission. You are cautioned not to unduly rely on such forward looking
statements when evaluating the information presented in this press
release. Such forward-looking statements speak only as of the date on
which they are made and the Company does not undertake any obligation to
update any forward-looking statement to reflect events or circumstances
after the date of this release.
Important Additional Information And Where To Find It
Superior, its directors and certain of its executive officers are deemed
to be participants in the solicitation of proxies from Superior
stockholders in connection with the matters to be considered at
Superior’s 2016 Annual Meeting. On March 25, 2016, Superior filed a
definitive proxy statement (as it may be amended from time to time, the
“Proxy Statement”) and definitive form of WHITE proxy card with the SEC
in connection with such solicitation of proxies from Superior’s
stockholders.
INVESTORS AND STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE PROXY
STATEMENT, THE ACCOMPANYING WHITE PROXY CARD AND OTHER DOCUMENTS FILED
BY SUPERIOR WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY
BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION.
Additional information regarding the identity of participants, and their
direct or indirect interests, by security holdings or otherwise, is set
forth in the Proxy Statement, including the appendices thereto.
Stockholders can obtain the Proxy Statement, any amendments or
supplements to the Proxy Statement and other documents filed by Superior
with the SEC for no charge at the SEC’s website at www.sec.gov.
Copies will also be available at no charge under the “Investors” page of
our corporate website at www.supind.com,
by writing to Superior’s Corporate Secretary at 26600 Telegraph Road,
Suite 400, Southfield, Michigan 48033, by calling Superior at (248)
234-7104, or by contacting Superior’s proxy solicitor, Okapi Partners
LLC, toll free at (877) 629-6356.
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