MTN · Oasis Management, holding ~9.6% of Vail Resorts, issued a letter to…

Oasis Management, holding ~9.6% of Vail Resorts, issued a letter to shareholders and launched a website as part of its proxy fight to elect Robert Chapek and M. Ashton Hudson to the board at the December 14, 2026 annual meeting. The filing details operational underperformance, including a stock price decline of more than 50% over five years, declining skier visits and pass sales, and four consecutive years of falling Resort Reported EBITDA margins. Oasis outlines a plan to improve the guest experience and restore growth, and urges shareholders to vote for its nominees on the BLUE proxy card.

• Oasis Management owns ~9.6% of Vail Resorts stock, worth more than $500 million.
• The annual meeting is scheduled for December 14, 2026.
• Oasis has nominated Robert Chapek (former Disney CEO) and M. Ashton Hudson for election to the board.
• Vail Resorts' stock price is down more than 50% over the last five years, erasing more than $8 billion in market value.