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Land and Buildings is seeking to elect four highly-qualified, independent nominees
to the Board of Directors of MGM Resorts International. In our opinion, change is needed now
at MGM, after years of substantial stock underperformance, lack of capital allocation discipline,
and a culture of Board complacency and entrenchment. We believe that our nominees
offer the right expertise and fresh perspective that MGM needs to address
the issues that have plagued the company for years.

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