ISS Recommends Shareholders Vote FOR J. Alexander’s Equity Incentive Plan

NASHVILLE, Tenn.--(BUSINESS WIRE)--J. Alexander’s Holdings, Inc. (NYSE:JAX) (the Company), owner and operator of J. Alexander’s, Redlands Grill, and Stoney River Steakhouse and Grill, today commented on the report of proxy advisory firm Institutional Shareholder Services (ISS) on the Company’s proposals for its upcoming Annual Meeting of Shareholders scheduled for June 20, 2019. While the Company was pleased that ISS recommended that shareholders vote FOR the proposed amendments to the Company’s equity incentive plan, the Company strongly opposes ISS’s “withhold” recommendations on the Company’s two director nominees, continuing directors Timothy T. Janszen and Ronald B. Maggard, Sr.