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May 29, 2026

ISS and Glass Lewis Both Back Change at Medallion Financial and Recommend Two BIMIZCI Nominees

Institutional Shareholder Services and Glass, Lewis & Co. — the two leading independent proxy advisory firms — both recommended that Medallion Financial stockholders vote the BLUE universal proxy card FOR the election of two BIMIZCI independent nominees to the Medallion Board ahead of the June 9, 2026 Annual Meeting. Their independent recommendations represent third-party validation of the case BIMIZCI has been making to stockholders: that the current Medallion Financial Corp. board has failed to hold management accountable, that performance has deteriorated, and that the nominees BIMIZCI has put forward bring directly relevant skills the current board lacks. BIMIZCI urged stockholders of record as of April 13, 2026 to vote the BLUE universal proxy card FOR Eric Kelly, John Kiernan, and Timothy Shanahan.