01
Have your BLUE card ready
- If you’re a registered holder, your BLUE proxy card should arrive by mail
- If your shares are in a brokerage account, your broker or bank sends you a BLUE voting instruction form, often by email
How To Vote
Vote FOR Two.
WITHHOLD on Three.
Oasis wants to restore Vail’s performance and strengthen its Board.
Vote FOR Robert Chapek and M. Ashton Hudson, our nominees, today.
Your Vote Matters
Choose How You Vote
Only stockholders of record at the close of business on October 19, 2026 are entitled to vote at the Annual Meeting. Holders of record on that date retain their right to vote even if they sell their shares afterward.
Oasis encourages you to vote using the BLUE universal proxy card or voting instruction form. There is no need to use the Company’s White card, or Mr. Meyer’s Gold card, regardless of how you wish to vote. Even a White or Gold card submitted as a protest vote will revoke any BLUE card you previously sent.
If you have already voted the Company’s White card or Mr. Meyer’s Gold card, you have every right to change your vote. Only your latest dated proxy counts.
You Have Three Ways to Submit Your Proxy
Online
Follow the instructions on your BLUE card to vote online at the URL shown. You will need the control number on your card.
By Phone
Follow the instructions on your BLUE card to vote by telephone using the toll-free number shown. You will need the control number on your card.
By Mail
Mark, sign and date your BLUE card and return it in the postage-paid envelope provided.
Questions? Need help voting?
Call Innisfree M&A Incorporated, toll-free, at (877) 456-3507.
How to vote in three steps
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Mark "FOR" and "WITHHOLD"
- Mark FOR Robert Chapek and M. Ashton Hudson
- Mark WITHHOLD for Michele Romanow, Peter A. Vaughn and Gregory S. Meyer
- Oasis makes no recommendation on the other seven nominees. You may vote as you choose or leave them blank. You may vote “FOR” up to nine nominees in total, in any combination
- Mark FOR Proposal 2 and AGAINST Proposals 3 and 4
03
Submit your Vote
- Follow the instructions on the BLUE card to vote online or by phone, 24 hours a day, seven days a week (no signature required)
- If you prefer, sign, date and mail your card today in the postage-paid envelope provided
Vote The Blue Card
This is a sample BLUE proxy card marked with Oasis’ recommended votes. Your own card may look slightly different, so always follow the instructions written on it.
Shown marked with Oasis’ recommended votes. This is our preferred card.
✓Please mark your vote as indicated in this example
Proposal 1 – Election of Directors for terms ending in 2027
Vote “FOR” up to nine (9) nominees in total. If you vote this BLUE proxy card for less than nine nominees, your proxy will only be voted "FOR" those nominees you have marked. If you do not mark a vote for any nominee on this BLUE proxy card, your proxy will be voted “FOR” the Oasis Nominees and “WITHHOLD” on the Opposed Company Nominees and Gregory S. Meyer. If you vote this BLUE proxy card “FOR” more than nine nominees, your votes on Proposal 1 will become invalid and will not be counted.
Oasis recommends voting “FOR” the following Oasis Nominees:
FOR
WITHHOLD
1a.Robert Chapek
✓
1b.M. Ashton Hudson
✓
Oasis makes no recommendation on the following Unopposed Company Nominees:
FOR
WITHHOLD
1c.Reginald A. Chambers
1d.William J. Hornbuckle
1e.Robert A. Katz
1f.Iris Knobloch
1g.Nadia N. Rawlinson
1h.Hilary A. Schneider
1i.D. Bruce Sewell
Oasis recommends that you “WITHHOLD” on the following Opposed Company Nominees:
FOR
WITHHOLD
1j.Michele Romanow
✓
1k.Peter A. Vaughn
✓
Oasis recommends that you “WITHHOLD” on Gregory S. Meyer:
FOR
WITHHOLD
1l.Gregory S. Meyer
✓
Oasis recommends voting “FOR” Proposal 2.
Proposal 2 –Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending July 31, 2027
FOR✓
AGAINST
ABSTAIN
Oasis recommends voting “AGAINST” Proposal 3 and Proposal 4.
Proposal 3 –Advisory vote to approve the compensation of the Company’s named executive officers
FOR
AGAINST✓
ABSTAIN
Proposal 4 –Vote to approve an amendment to the Vail Resorts, Inc. 2024 Omnibus Incentive Plan
FOR
AGAINST✓
ABSTAIN
PLEASE SIGN, DATE AND PROMPTLY RETURN THIS BLUE PROXY CARD USING THE ENCLOSED ENVELOPE
Dated: ________________________________, 2026
Signature
Title
Signature (if held jointly)
NOTE: Please sign EXACTLY as name appears hereon. If more than one owner, each should sign. When signing as attorney, executor, administrator, trustee or guardian, please give full title as such. If a corporation or partnership, please sign in full corporate or partnership name by authorized officer.
Already returned a WHITE or Gold card? You can change your vote.
If you already voted using Vail’s White card, Mr. Meyer’s Gold card, or an earlier BLUE card, you have every right to change your vote at any time before the meeting. Only your latest validly executed proxy counts.
To change your vote, vote your BLUE card now, online or by phone using your control number, or return a later-dated BLUE card.
Voting FAQ
The universal proxy card is a single ballot that lists all 12 director candidates nominated by Oasis, Mr. Meyer, or Vail. Oasis recommends voting the BLUE card FOR Robert Chapek and M. Ashton Hudson, and WITHHOLD on Michele Romanow, Peter A. Vaughn and Gregory S. Meyer.
No – you may vote for up to nine nominees. If you vote for fewer than nine, your shares will be voted for only the ones you marked. If you vote for more than nine, your vote on directors will be invalidated and not counted.
Yes. Mark FOR next to Robert Chapek and M. Ashton Hudson, and mark WITHHOLD next to Michele Romanow, Peter A. Vaughn and Gregory S. Meyer. You may leave the other boxes blank.
Oasis urges you to vote FOR:
- Robert Chapek, former CEO of the Walt Disney Company
- As former Chairman of Disney’s Parks, Experiences and Products Segment, Mr. Chapek oversaw more than $20 billion of global investments. We believe his experience leading one of the world’s largest hospitality businesses would help Vail sharpen its focus on the guest experience and improve resorts operations. You can read his full bio here.
- M. Ashton Hudson, Partner at Value Acquisition Fund and Chairman of Riverwood Asset Management
- A seasoned director for public and private companies and a former corporate attorney, Mr. Hudson has direct experience in succession planning and executive compensation that can help strengthen Vail’s board oversight. You can read his full bio here.
We encourage you to vote online or by phone by following the instructions on the BLUE card, or by signing, dating and mailing the BLUE card in the postage-paid envelope provided.
We recommend that you ignore and not return any white or gold proxy card or voting instructions you receive from Vail or Mr. Meyer.
If you’ve already voted using the white or gold proxy card and voting instructions, you can change your vote. Only your latest-dated proxy vote will be counted – you can change your vote at any time before the annual meeting on December 14, 2026.
For help voting the BLUE card, copies of Oasis’ proxy materials, or questions, please contact our proxy firm:
Innisfree M&A Incorporated, toll-free, at (877) 456-3507.
No. Oasis is not coordinating or collaborating with Mr. Prince and does not share his goals or perspectives. Neither of our two nominees, Robert Chapek and M. Ashton Hudson, has ever spoken with Mr. Prince, and they were not recommended or introduced to Oasis by Mr. Prince.
Your shares will be voted FOR Oasis nominees Robert Chapek and M. Ashton Hudson, and WITHHOLD on Michele Romanow, Peter A. Vaughn and Gregory S. Meyer.
If you don’t instruct your broker, bank or other nominee on how to vote, they can’t vote your Vail shares on your behalf. It’s important that you use the BLUE card to vote FOR Oasis nominees Robert Chapek and M. Ashton Hudson and in accordance with Oasis’ recommendations on other proposals, and WITHHOLD on Michele Romanow, Peter A. Vaughn and Gregory S. Meyer.
If you need help, contact our proxy firm:
Innisfree M&A Incorporated, toll-free, at (877) 456-3507.
No – but it’s important that your voice be heard and counted. If you don’t vote to protect your investment, your shares won’t be counted.
Yes. Only your latest validly executed proxy counts. You may change your vote at any time before the annual meeting on December 14, 2026.
Our proxy firm, Innisfree, is happy to help.
Contact Innisfree M&A Incorporated, toll-free, at (877) 456-3507.