Fund 1 sends letter to vera bradley's board of directors highlighting the opportunity for value-enhancing strategic alternatives

Rincon, puerto rico--(business wire)--fund 1 investments llc (together with its affiliates, “fund 1”) is the largest shareholder of vera bradley, inc. (nasdaq: vra) ("vera bradley" or the "company"), beneficially owning 10.0% of the company's outstanding shares and having economic exposure of 20.0% of the outstanding shares. today, fund 1 sent the below letter to the company's board of directors: december 30, 2024 vera bradley, inc. 12420 stonebridge road roanoke, indiana 46783 attention: rober.
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