Icahn to Commence Investigation into Value Destruction by Illumina’s Board

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Sunny Isles Beach, Florida, March 24, 2023 — Today, Carl C. Icahn released the following open letter to the shareholders of Illumina, Inc. (NASDAQ: ILMN), regarding the commencement of an immediate investigation into the massive value destruction caused by the reckless decision by Illumina’s board of directors to close the GRAIL acquisition over the objections of European antitrust regulators. Q4 2022 hedge fund letters, conferences and more March 24, 2023 Dear Fellow Illumina Shareholders: We began our campaign by paraphrasing William Shakespeare’s Hamlet, by stating: “Something is rotten in the state of Illumina.” The more we dig into the highly suspect circumstances…

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