“Since ValueAct Capital joined our Board at the end of 2012, they have developed a deep understanding of our business and we have forged an open, two-way communication with them. As our largest shareholder, they have provided valuable input and perspective to our Directors and senior management. Their well-studied insights have been particularly helpful with our strategy development and with our investor relations practices. At a time when many investors are focusing primarily on short term or cyclical issues, ValueAct Capital’s long-term strategic approach has supported sustained investment in and growth of our business.”

Bob Sulentic*

Bob Sulentic*
CEO of CBRE Group, Inc.

*The individual quoted herein is not an investor in any ValueAct Capital Fund and has not received any compensation for providing the referenced quote. ValueAct Capital is not aware of any material conflicts of interest with respect to its relationship with the individual quoted herein.