Paragon Technologies Inc., a diversified holding company, is at the center of a shareholder activism campaign as it approaches its Annual Meeting of Shareholders scheduled for June 30, 2025. The company has received backing from Institutional Shareholder Services Inc. (ISS) and Glass, Lewis & Co., leading independent proxy advisory firms, who have both recommended that shareholders vote in favor of Paragon's current Board nominees. The advisory firms have expressed confidence in the current Board's ability to oversee the company's strategy and drive long-term value creation, contrasting with the proposals of former CEO Hesham "Sham" Gad. Gad's alternate slate was criticized by the advisory firms for lacking sufficient rationale and a compelling case for change. ISS specifically cited Gad's previous underperformance and poor corporate governance during his tenure as CEO. Paragon is urging shareholders to vote using the WHITE proxy card to support the current Board and its strategic direction.