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Ewing Morris Calls for Strategic Alternatives Review to Unlock Value at Stoneridge

Newswire.ca - Tue Jul 22, 2025

TORONTO, July 22, 2025 /CNW/ -

Fellow Stoneridge Shareholders,

Ewing Morris & Co. Investment Partners Ltd. ("Ewing Morris"), a top-five shareholder of Stoneridge Inc. (NYSE: SRI), today issues an open letter urging the Board to initiate a comprehensive review of strategic alternatives. We believe Stoneridge's continued underperformance, coupled with the strategic value of its MirrorEye technology, makes the case for change urgent and compelling. A sale to a strategic buyer could unlock over $30 million in cost synergies, scale MirrorEye more rapidly, and deliver superior outcomes for all stakeholders.

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