Ancora Releases Presentation Highlighting the Opportunity for Significant Near-Term Value Creation at Harmonic

Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora”), a significant shareholder of Harmonic, Inc. (“Harmonic” or the “Company”) (NASDAQ: HLIT), today released a presentation detailing what it believes is an opportunity for significant near-term value creation: “The Unrealized Value Creation Opportunity at Harmonic.” Ancora plans to engage in a constructive and open dialogue with Harmonic to gauge the Board of Directors’ willingness to evaluate the Company’s standalone prospects versus a potentially value-maximizing sale to one of the many logical acquirers in the space. To ensure Harmonic’s leadership understands all shareholders’ views following a period of disappointing results, we hope our fellow investors provide feedback as soon as possible and well ahead of the Company filing its proxy statement for the 2025 Annual Meeting of Shareholders. We consider Harmonic to be a great underlying business, but believe the Company does not have infinite time to achieve its full potential. [ABSTRACT FROM PUBLISHER]