Parks! America, Inc. Announces Leading Independent Proxy Advisory Firms, ISS & Glass Lewis, Recommend Parks! America Shareholders Vote “AGAINST” Each of Focused Compounding’s Proposals at Today’s Special Meeting

Both Firms Reject Focused Compound’s Takeover Attempt and Support CEO Lisa Brady and the Incumbent Board of Directors

PINE MOUNTAIN, Georgia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Parks! America, Inc. (OTCPink: PRKA) (the “Company” or “Parks! America”), a leading operator of regional safari parks in the U.S. announced today that both leading independent proxy advisory firms, Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lews”) each recommended that Parks! America, Inc. shareholders vote “AGAINST” all Focused Compounding Fund, LP (collectively with its affiliates, “Focused Compounding”) proposals at today’s Special Meeting of Stockholders (the “Special Meeting”).

ISS and Glass Lewis are leading independent proxy advisory firms which, among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders. Their voting analyses and recommendations are relied upon by thousands of major institutional investment firms, mutual funds and fiduciaries throughout the world.

In recommending “AGAINST” the Focused Compounding proposals attempting to “take over”¹ the Company without paying a control premium to shareholders, ISS² concluded, “Given the lack of detail of the dissident critique, and the lack of a go-forward plan underlying its attempt at board control, support for the dissident campaign is not warranted.”

Glass Lewis³ noted, “… we do not believe the shareholder's solicitation has met the bar for shareholders to endorse a full change in control of the board at this point in time. Accordingly, we recommend that shareholders vote AGAINST all proposals.

Lisa Brady, CEO of Parks! America, commented, “We are pleased with the recommendations of the independent proxy advisory firms. The Board of Directors and the management team of Parks! America are executing a strategic plan to improve our properties, create new attractions and improve overall guest experiences. Our focus is to drive value for all of our loyal shareholders.”

About Parks! America, Inc.

Parks! America, Inc. (OTCPink: PRKA), through its wholly owned subsidiaries, owns and operates three regional safari parks - the Wild Animal Safari theme park in Pine Mountain, Georgia, the Wild Animal Safari theme park located in Strafford, Missouri, and the Aggieland Wild Animal Safari theme park, located near Bryan/College Station, Texas.