LONDON – October 13, 2026 -- Corvex Management, Whitbread's largest active shareholder with c.6.4% of ordinary shares, is urging investors to back its resolution to elect Partner James Gemmel to the board as the hotel group commits to a further c.£2.5bn of capital expenditure.

Corvex holds an economic interest of approximately 7% in Whitbread PLC. The fund manager responded to the company's interim results, saying they do not change its core concerns about capital allocation.