On its part, Gildan said that Browning West is attempting to take control of the board and company without paying a premium. The company's board does not believe that the rest of Browning West's slate offers an increase in expertise or experience to Gildan's business, and accordingly, they do not represent the best mix of director candidates. In addition, Gildan said, Luc Jobin and Chris Shackelton, members of the special committee supervising the ongoing sale process, will continue in their roles till the 2024 annual meeting and will retire thereafter. The board has proposed the elections of Karen Stuckey and J.P. Towner, nominated by Browning West.