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Glass Lewis Opposes Removal of Barnwell Board Members Ken Grossman, Josh Horowitz and Alex Kinzler Barnwell Shareholders Should Ignore and Discard Any Blue Consent Solicitation Card Shareholders Who Sent a Blue Consent Solicitation Card Can Revoke Their Vote by Sending the Company's White Card HONOLULU, Hawaii , April 29, 2025 /PRNewswire/ -- Barnwell Industries, Inc. ("Barnwell" or the "Company") (NYSE American: BRN) today announced that Glass Lewis, a leading independent proxy advisory firm, has resoundingly rejected the Sherwood Group's efforts to take control of the Company and declared the removal of Barnwell directors Ken Grossman, Josh Horowitz and Alex Kinzler to be unwarranted. Glass Lewis also recommended the removal of Doug Woodrum, one of Ned Sherwood's former nominees who is currently serving on the Board.
