Yet, after having seven months to upgrade its broken corporate governance, Mylan offers only vague categories of topics, not specific proposals (let alone their recommendations or a realistic path to achievement). Worse, Mylan noted it would only consider possible governance changes if it completes its offer – Mylan won't even make these changes for its own shareholders! The conditional and vague nature of Mylan's announcement demonstrates its motivations and true beliefs on governance. It is a desperate tactic, not a core governance belief. This remarkable conceit – that shareholders would accept a conditional promise on a vague topic without a clear roadmap to implementation – is what Mylan is asking you to substitute for tangible governance reform. TRYING TO SCARE SHAREHOLDERS INTO TENDERING Rather than practice good governance by being transparent and open with shareholders, Mylan is spreading misinformation designed to scare shareholders into tendering into its grossly inadequate offer.