CBIZ (CBZ) Proxy filing summary

Executive summary

• Entered into a definitive agreement to be acquired by Grant Thornton Advisors, with CBIZ Benefits & Insurance Services to become a stand-alone entity backed by New Mountain Capital after closing.

• Transaction aims to create a dedicated leader in insurance, retirement, and payroll services, maintaining continuity for clients and staff.

• Forward-looking statements highlight anticipated benefits, future financial and operating results, and strategic objectives, subject to various risks and uncertainties.

Voting matters and shareholder proposals

• Shareholder approval is required for the proposed acquisition, with proxy materials to be filed and distributed for voting.

• Shareholders are advised to review the proxy statement and related SEC filings before making voting or investment decisions.

Risk oversight and compliance

• Risks include regulatory approvals, completion timing, integration challenges, retention of key personnel, litigation, and market reactions.

• Additional risks involve changes in economic, legal, and industry conditions, as well as potential financing issues.

• Forward-looking statements are subject to change and should not be relied upon as guarantees of future performance.