Diamond Hill Investment Group (DHIL) Proxy Filing summary

Executive summary

• Announced agreement for acquisition by First Eagle Investment Management, with expected closing by Q3 2026, subject to customary approvals and a Go-Shop period.

• Transaction aims to accelerate investments in distribution and technology, leveraging First Eagle's global resources and distribution network.

• Both firms emphasize cultural and philosophical alignment, with a focus on client service, investment autonomy, and business resilience.

• No anticipated changes to investment team, philosophy, or day-to-day operations prior to closing; business to continue as usual.

• Forward-looking statements caution about risks, including regulatory approvals, litigation, and potential adverse reactions from stakeholders.

Voting matters and shareholder proposals

• Shareholder approval required for the transaction; proxies will be issued to corporate and fund shareholders after the Go-Shop period.

• Shareholders are urged to read the forthcoming proxy statement and related SEC filings for important information about the transaction.

Board of directors and corporate governance

• Directors, executive officers, and related persons may participate in the proxy solicitation; their interests and holdings will be disclosed in the proxy statement.