Mattel responds to Southeastern Asset Management letter to board

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Mattel Comments on Letter from Southeastern Asset Management

May 7, 2026 4:43 PM EDT

EL SEGUNDO, Calif.--(BUSINESS WIRE)-- Mattel, Inc. (NASDAQ: MAT) (Mattel or the Company) issued the following statement regarding Southeastern Asset Management, Inc.s (Southeastern) letter to the Companys Board of Directors (the Board).

Mattel maintains ongoing communication with its shareholders and values their perspectives. We appreciate Southeasterns continued engagement with the Company, including our conversations this year.

Our Board of Directors and management team are committed to acting in the best interests of all Mattel shareholders. The Board regularly reviews the Companys strategy, performance, and opportunities to enhance long-term value, and will... More