Summer Road Releases Presentation on Ingles Markets Detailing the Urgent Need for Independent Class A Shareholder Representation on the Board

Highlights How Ingles’ Dual-Class Share Structure and Lack of Boardroom Accountability Have Led to Lagging Shareholder Returns, Operational Underperformance, Disastrous Capital Allocation, Deficient Disclosure and Outsized Compensation for Chairman and Controlling Shareholder Robert P. Ingle, II

Believes Independent Director Candidate Rory A. Held, Who Beneficially Owns 3% of the Class A Shares and Brings Relevant Public Company Board Experience, Is Best Positioned to Restore Investor Transparency and Drive Value

Click Here to Download the Full Presentation

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road”), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”), today released an investor presentation titled, “Why Class A Shareholders Need Independent, Aligned Representation on the Board.”

The full presentation can be downloaded by clicking here.

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If you have questions about how to elect Summer Road’s independent nominee, Rory A. Held, to the Ingles Board using the GOLD universal proxy card, please contact:

Saratoga Proxy Consulting LLC
520 8th Avenue, 14th Floor New York, NY 10018
Shareholders Call Toll-Free: [phone]
[e-mail]

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About Summer Road LLC

Summer Road LLC is a family office which invests across a diverse range of strategies and asset classes.