Barnwell industries urges shareholders to vote in accordance with iss recommendation and reject ned sherwood's attempt to take over the company

Honolulu , may 12, 2025 /prnewswire/ -- barnwell industries, inc. (nyse american: brn) ("barnwell" or the "company") today urged shareholders to follow the recommendation by leading proxy advisory firm institutional shareholder services inc. ("iss") in its may 7, 2025, report in which it recommended just one candidate, heather isidoro, from the slate put forward by ned sherwood and his affiliates (the "sherwood group"). in its report, iss stated1: as such, votes on the dissident card for the removal of [alex] kinzler, and against the removal of kenneth grossman, joshua horowitz, and douglas woodrum are warranted; as is support for dissident nominee isidoro, and votes against dissident nominees james cornell, stuart oran, sherwood, and gregory sullivan.
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