Victoria's Secret & Co. (NYSE: VSXY) announced that three independent proxy advisory firms have recommended shareholders vote for all nine of the company's director nominees at its annual meeting scheduled for June 11, 2026.

Institutional Shareholder Services, Glass Lewis & Co., and Egan-Jones Proxy Services each issued recommendations supporting Victoria's Secret's board nominees on the white proxy card. The proxy advisors concluded that an activist investor group has not presented a compelling case for board changes.

The recommendations come as Victoria's Secret faces a proxy contest ahead of its annual shareholder meeting. The company's board unanimously recommends shareholders vote for its nominees, including Independent Chair Donna James.

Victoria's Secret reported first quarter 2026 earnings on June 2 that exceeded both revenue and profit guidance. The Reynoldsburg, Ohio-based specialty retailer operates approximately 1,420 retail stores across roughly 70 countries through its Victoria's Secret, PINK, and Adore Me brands.

The company stated the proxy advisors recognized the board's role in the company's transformation and performance. Victoria's Secret emphasized that its current board is positioned to oversee execution of its "Path to Potential" strategy.

Shareholders can vote using the white proxy card for the company's nine director nominees. The annual meeting will be held on June 11, 2026, with Innisfree M&A Incorporated serving as the company's proxy solicitor.