Maximizing
Shareholder Value

Ceragon’s Board of Directors and Management are committed to acting in the best interests of the Company and its shareholders. With a strong core franchise and new growth initiatives underway, Ceragon’s strategy has driven increased bookings and market share, and is expected to create significant revenue growth, margin expansion and shareholder value.

 

Ceragon recently received a highly conditional, unsolicited indication of interest from a competitor, Aviat Networks, to acquire Ceragon at $2.80 per share. After a careful and thorough review, conducted in consultation with our independent financial and legal advisors, the Board unanimously rejected Aviat’s low-ball proposal based on its belief that the indication significantly undervalues the Company, is opportunistic and lacks certainty of closure. Aviat wants its hand-picked director nominees to run the Company and steer negotiations.

 

WE URGE SHAREHOLDERS TO VOTE AGAINST THE REMOVAL OF CERAGON DIRECTORS AND AGAINST THE APPOINTMENT OF AVIAT DIRECTORS ON THE WHITE PROXY CARD AT THE EGM

 

Webcasts

Ceragon Networks Special Investor Call Recording

July 18, 2022 - 9:00am ET

Ceragon Networks Special Investor Call -Script

August 6, 2022 UTC