HOME ABOUT US BOARD INVESTMENT STRATEGY REGULATORY ANNOUNCEMENTS INVESTOR MATERIALS FINANCIAL REPORTS CONTACT HIGHLY ENGAGED SHAREOWNER IMPORTANT NOTICE AND DISCLAIMER Please read the following important notice and disclaimer carefully. You must accept its terms before you can proceed. Users of this website are responsible for observing all applicable laws and regulations in their relevant jurisdictions before proceeding to access the information contained herein. By proceeding to access the information, users are deemed to have represented and warranted that the applicable laws and regulations of their relevant jurisdiction allow them to do so. No information contained on this website constitutes or would be deemed to constitute an invitation in any jurisdiction to invest or otherwise deal in the shares of Trian Investors 1 Limited (the “Company”). None of the information contained in this website constitutes an offer to sell, or a solicitation of an offer to buy or subscribe for, any shares or other securities to the public. None of the information contained in this website constitutes an offer to sell, or a solicitation of an offer to buy or subscribe for, any shares or other securities in the United States or in any other jurisdiction, nor shall it, or the fact of its distribution, form the basis of, or be relied upon, in connection with or act as an inducement to enter into any contract or commitment therefor. The Company has not been and will not be registered under the US Investment Company Act of 1940, as amended (the “Investment Company Act”), and the rules and regulations of the US Securities and Exchange Commission (the “SEC”) promulgated thereunder, and investors will not be entitled to the benefits of the Investment Company Act. The shares of the Company have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”), and the rules and regulations of the SEC promulgated thereunder, or with any other securities regulatory authority of any state or other jurisdiction of the United States and, subject to certain limited exceptions, may not be offered, sold, pledged, or otherwise transferred or delivered, directly or indirectly, into or within the United States or to, or for the account or benefit of, any US Person (as defined in Regulation S under the Securities Act (“Regulation S”)) (“US Person”). No public offering of the shares has been or is being made in the United States. Without the prior written consent of the Directors, the Shares may not, directly or indirectly, be acquired or held by, or transferred to: (a) an employee benefit plan (as defined in Section 3(3) of the United States Employee Retirement Security Act of 1974, as amended (“ERISA”)), subject to Part 4 of Subtitle B of Title I of ERISA (a “Plan”); (b) a plan described in Section 4975(e)(1) of the United States Internal Revenue Code of 1986, as amended (the “U.S. Tax Code”) to which Section 4975 of the U.S. Tax Code applies (also, a “Plan”); (c) any entity whose underlying assets include Plan assets by reason of a Plan's investment in such entity (together with Plans, a “Benefit Plan Investor”); or (d) any other employee benefit plan subject to any regulation that is substantially similar to the prohibited transaction provisions of Section 406 of ERISA or Section 4975 of the U.S. Tax Code (an “Other Plan”), or acting on behalf of or using the assets of any Benefit Plan Investor or Other Plan with respect to the purchase, holding or disposition of any Shares. Any investment is subject to risk. The value of the shares in the Company may go down as well as up. Past performance is no guarantee of future returns and there is no guarantee that the market price of the Company’s shares will fully reflect their underlying net asset value. There is also no guarantee that the Company’s investment objective will be achieved. Potential investors are advised to seek expert financial advice before making any investment decision and should be aware that they may not fully recover the amount invested. A prospectus has been prepared in connection with the application for admission of shares in the Company to the Specialist Fund Segment of the main market for listed securities of the London Stock Exchange in accordance with the prospectus rules of the Financial Conduct Authority (the "FCA") made pursuant to section 73A of FSMA (the "Prospectus Rules") and has been approved by the FCA under Section 87A of FSMA (“Prospectus”). The Prospectus has been filed with the FCA and is made available to the public on this website in accordance with Rule 3.2 of the Prospectus Rules. Neither the Company nor Trian Investors Management, LLC, the investment manager of the Company (the "Investment Manager"), assumes any obligation to update the information contained in the Prospectus, unless a new offering in the Company will be undertaken. Terms of Use of this Website The information on this website is for information purposes only. Unless specifically stated otherwise, it does not constitute an offer to purchase or sell any security or investment product, nor does it constitute professional advice. Any product and service mentioned in this website are not offered to any person or entity in any jurisdiction or country where the advertisement, offer, solicitation, provision or sale of such product and service is restricted or prohibited by law or regulation or where the Investment Manager or the Company or any of their respective affiliates would be subject to any regulation or licensing requirement. If you proceed to access the information included in this website, you acknowledge that you have read and agree with the above statement. Nothing in this website is, or should be relied on as, a promise or representation as to the future. This website includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this website and include statements regarding the intentions, beliefs or current expectations of the Company concerning, amongst other things, the investment objective and investment policy, investment performance, results of operations, financial condition, prospects, and dividend policy of the Company and the markets in which it is involved. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. The Company's actual investment performance, results of operations, financial condition and dividend policy may differ materially from the impression created by the forward looking statements contained in this webiste. None of the Company, the Investment Manager or any of their respective affiliates undertakes any obligation to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by applicable law or regulation. Copyright Copyright of all images and text in this website is owned by or licensed to the Investment Manager, the Company or one of their respective affiliates unless otherwise noted. You may imprint, copy download or temporarily store extracts from this website for your personal information and use. You may not alter or otherwise make any changes to any material that you print or download from this website, including, without limitation, removing any identifying marks or legends from such material. You may not distribute these materials to others. Any other use is prohibited unless you first request and obtain our written permission. In particular no one may copy or use a part of the website on any other website, or link any other website to this website, without the prior written permission of the Investment Manager and the Company. You may not use the website for any purpose which is unlawful, abusive, libellous, obscene or threatening. All trademarks, service marks and logos used on this website are trademarks or service marks or registered trademarks or service marks of either the Company, the Investment Manager, their respective affiliates or their associates and service providers and should not be copied, altered or abused in any way. No Reliance Although each of the Company and the Investment Manager has taken all reasonable care to ensure that the information contained within this website is accurate no representation or warranty (including liability towards third parties), expressed or implied, is made as to its accuracy, reliability or completeness by the Company, the Investment Manager, their respective affiliates and third parties that have provided information contained in this website. Opinions and any other contents expressed on this website are provided for your personal use and informational purposes only and are subject to change without notice. Nothing contained on this website constitutes investment, legal, tax or other advice and is not to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision. No Warranty The information and opinions contained in this website are provided without any warranty of any kind, either expressed or implied, to the fullest extent permissible pursuant to applicable law. None of the Company, the Investment Manager or any of their respective affiliates further assumes any responsibility for, and makes any warranties that, information and supplies contained on this website will be uninterrupted or error-free, that defects will be corrected, or that this website or the servers that make it available will be free of viruses or other harmful components. Liability Waiver You agree that under no circumstances, including, but not limited to, negligence, shall the Company or the Investment Manager or any third party that has provided information contained in this website or any of their respective affiliates be liable for any direct, special or consequential damages that result from the access or use of, or the inability to access or use, the materials on this website. Exclusions of Legal Liability Although each of the Company and the Investment Manager tries to make this website as accurate as possible and to use information obtained from other sources that the Company and the Investment Manager believe to be reliable, each of the Company and the Investment Manager does not guarantee, nor take any responsibility for, its accuracy. The fact that information, products or services are shown on this website does not necessarily mean that you should rely on the information or that the information continues to be valid. 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