<SEC-DOCUMENT>0000950157-22-000164.txt : 20220217
<SEC-HEADER>0000950157-22-000164.hdr.sgml : 20220217
<ACCEPTANCE-DATETIME>20220217081313
ACCESSION NUMBER:		0000950157-22-000164
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220217
DATE AS OF CHANGE:		20220217

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HASBRO, INC.
		CENTRAL INDEX KEY:			0000046080
		STANDARD INDUSTRIAL CLASSIFICATION:	GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944]
		IRS NUMBER:				050155090
		STATE OF INCORPORATION:			RI
		FISCAL YEAR END:			1226

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06682
		FILM NUMBER:		22645723

	BUSINESS ADDRESS:	
		STREET 1:		1027 NEWPORT AVE
		STREET 2:		P O BOX 1059
		CITY:			PAWTUCKET
		STATE:			RI
		ZIP:			02861
		BUSINESS PHONE:		4014318697

	MAIL ADDRESS:	
		STREET 1:		200 NARRAGANSETT PARK DRIVE
		CITY:			PAWTUCKET
		STATE:			RI
		ZIP:			02861-0200

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASBRO INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASBRO BRADLEY INC
		DATE OF NAME CHANGE:	19850814

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASBRO INDUSTRIES INC
		DATE OF NAME CHANGE:	19840917
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
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<DESCRIPTION>DEFA14A
<TEXT>
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    <div style="display: none;" id="DSPFiXBRLHidden">false000004608000000460802022-02-162022-02-16</div>
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      <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">UNITED STATES</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">Washington, D.C. 20549<br>
        <br>
      </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">
        <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; border: none; margin-left: auto; margin-right: auto;"> </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;"> <br>
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      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;">FORM 8-K</div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">
        <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; border: none; margin-left: auto; margin-right: auto;"></div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">CURRENT REPORT</div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>
      <div><br>
      </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman';">Date of Report (Date of earliest event reported): February 16, 2022</div>
      <div><br>
      </div>
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        <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; text-align: center; border: none; margin-left: auto; margin-right: auto;"></div>
      <div><br>
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      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 24pt; font-weight: bold;">Hasbro,
          Inc.<br>
      </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman';">(Exact name of registrant as specified in its charter)</div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman';"> <br>
      </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman';">
        <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; border: none; margin-left: auto; margin-right: auto;"> </div>
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          <tr>
            <td style="width: 33%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; color: #000000; font-weight: bold;">Rhode Island<br>
              </div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td style="width: 32%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-weight: bold;">
              <div style="text-align: center; color: #000000;">1-6682<br>
              </div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td style="width: 33%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; color: #000000; font-weight: bold;">05-0155090<br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 33%; vertical-align: bottom;">
              <div style="text-align: center; margin-left: 2pt; color: #000000;">(State or other jurisdiction of incorporation or organization)</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 32%; vertical-align: bottom;">
              <div style="text-align: center; color: #000000;">(Commission File Number)</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">
              <div style="text-align: center; margin-left: 2pt; color: #000000;">(I.R.S. Employer Identification No.)</div>
            </td>
          </tr>

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              <div style="margin-left: 2pt; color: #000000; font-weight: bold;">1027 Newport Avenue<br>
              </div>
              <div style="margin-left: 2pt; color: #000000; font-weight: bold;"> Pawtucket, Rhode
                  Island</div>
            </td>
            <td rowspan="1" style="width: 4%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td rowspan="1" style="width: 48%; vertical-align: bottom; text-align: center; font-weight: bold; border-bottom: 2px solid rgb(0, 0, 0);">&#160;02861<br>
            </td>
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          <tr>
            <td style="width: 48%; vertical-align: bottom;">
              <div style="text-align: center; margin-left: 2pt; color: #000000;">(Address of Principal Executive Offices)</div>
            </td>
            <td style="width: 4%; vertical-align: bottom;">&#160;</td>
            <td style="width: 48%; vertical-align: bottom;">
              <div style="text-align: center; margin-left: 2pt; color: #000000;">(Zip Code)</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman';">Registrant&#8217;s telephone number, including area code:&#160; <font style="font-weight: bold;">(401) 431-8697</font></div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman';">&#160;</div>
      <div style="color: #000000; font-family: 'Times New Roman';">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
        following provisions:</div>
      <div><br>
      </div>
      <div style="color: #000000; font-family: 'Times New Roman';">&#9744;<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
      <div style="color: #000000; font-family: 'Times New Roman';"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9746;<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font></font>Soliciting material pursuant to Rule 14a-12 under
        the Exchange Act (17 CFR 240.14a-12)</div>
      <div style="color: #000000; font-family: 'Times New Roman';"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font></font>Pre-commencement communications pursuant to
        Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
      <div style="color: #000000; font-family: 'Times New Roman';">&#9744;<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
        240.13e-4(c))</div>
      <div style="color: #000000; font-family: 'Times New Roman';">&#160;</div>
      <div style="color: #000000; font-family: 'Times New Roman';">Securities registered pursuant to Section 12(b) of the Act.</div>
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              <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Title of each class</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom; padding-bottom: 2px; font-weight: bold;">&#160;</td>
            <td style="width: 14%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Trading Symbol(s)</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom; padding-bottom: 2px; font-weight: bold;">&#160;</td>
            <td style="width: 42%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Name of each exchange on which registered</div>
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            <td style="width: 42%; vertical-align: bottom;">
              <div style="text-align: center; color: #000000;">Common Stock, $0.50 par
                  value per share<br>
              </div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 14%; vertical-align: bottom;">
              <div style="text-align: center; color: #000000;">HAS<br>
              </div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 42%; vertical-align: bottom;">
              <div style="text-align: center; color: #000000;">The NASDAQ Global Select Market<br>
              </div>
            </td>
          </tr>

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      <div><br>
      </div>
      <div style="color: #000000; font-family: 'Times New Roman';">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the
        Securities Exchange Act of 1934.</div>
      <div style="color: #000000; font-family: 'Times New Roman';">&#160;</div>
      <div style="color: #000000; font-family: 'Times New Roman';">Emerging growth company&#160; &#9744;</div>
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      <div style="color: #000000; font-family: 'Times New Roman';">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period provided pursuant to Section
        13(a) of the Exchange Act.&#160; <font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
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      <div style="text-align: justify; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">Item 7.01&#160; Regulation FD Disclosure.</div>
      <div><br>
      </div>
      <div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; text-indent: 36pt;">On February 16, 2022, Hasbro, Inc. (&#8220;Hasbro&#8221;) issued a press release in response to a letter submitted by Alta Fox
        Opportunities Fund, LP nominating five candidates to stand for election to the Hasbro Board of Directors at Hasbro&#8217;s 2022 Annual Meeting of Shareholders.&#160; A copy of this press release is furnished herewith as Exhibit 99.1.</div>
      <div><br>
      </div>
      <div><br>
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      <div style="color: #000000; font-family: 'Times New Roman'; font-weight: bold;">Item 9.01&#160; Financial Statements and Exhibits.</div>
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      </div>
      <div style="font-family: 'Times New Roman';">(d) Exhibits.</div>
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              <div style="text-align: center;">99.1<br>
              </div>
            </td>
            <td style="width: 2.18%; vertical-align: bottom;"> <br>
            </td>
            <td style="width: 89.84%; vertical-align: bottom;">
              <div style="color: #000000;">Hasbro, Inc. Press Release, dated February 16, 2022.</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7.99%; vertical-align: bottom;"><br>
            </td>
            <td rowspan="1" style="width: 2.18%; vertical-align: bottom;">&#160;</td>
            <td rowspan="1" style="width: 89.84%; vertical-align: bottom;">&#160;</td>
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          <tr>
            <td style="width: 7.99%; vertical-align: bottom;">
              <div style="text-align: center; color: #000000;">104</div>
              <div>&#160;</div>
            </td>
            <td style="width: 2.18%; vertical-align: bottom;">&#160;</td>
            <td style="width: 89.84%; vertical-align: bottom;">
              <div style="color: #000000;">Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.</div>
              <div>&#160;</div>
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      <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; text-indent: 36pt;">The information furnished in Item 7.01, including the Exhibit attached hereto,&#160;shall not be deemed &#8220;filed&#8221; for any purpose, and
        shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in any such filing.</div>
      <div><br>
      </div>
      <div style="font-family: 'Times New Roman';"><font style="text-decoration: underline;">Forward-Looking Statements</font></div>
      <div><br>
      </div>
      <div style="font-family: 'Times New Roman'; text-indent: 36pt;">This communication contains &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995. These
        forward-looking statements may be accompanied by such words as &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;forecast,&#8221; &#8220;intend,&#8221; &#8220;may,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;project,&#8221; &#8220;target,&#8221; &#8220;will&#8221; and other words and terms of similar meaning. Among
        other things, these forward-looking statements may include statements concerning: the ability to achieve our financial and business goals and objectives, including accelerating our brand blueprint to achieve long-term sustainable growth. Specific
        factors that might cause such a difference include those risks detailed from time to time in Hasbro&#8217;s filings with the U.S. Securities and Exchange Commission. The statements contained herein are based on Hasbro&#8217;s current beliefs and expectations
        and speak only as of the date of this communication. Except as may be required by law, Hasbro does not undertake any obligation to make any revisions to the forward-looking statements contained in this communication or to update them to reflect
        events or circumstances occurring after the date of this communication. You should not place undue reliance on forward-looking statements.</div>
      <div><br>
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      <div style="font-family: 'Times New Roman';"><font style="text-decoration: underline;">Additional Information and Where to Find It</font></div>
      <div><br>
      </div>
      <div style="font-family: 'Times New Roman'; text-indent: 36pt;">Hasbro intends to file with the SEC a proxy statement on Schedule 14A, containing a form of WHITE proxy card, with respect to its solicitation of
        proxies for Hasbro&#8217;s 2022 Annual Meeting of Shareholders. This communication is not a substitute for any proxy statement or other document that Hasbro may file with the SEC in connection with any solicitation by Hasbro. INVESTORS AND SECURITY
        HOLDERS ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED BY HASBRO AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN
        IMPORTANT INFORMATION ABOUT ANY SOLICITATION. Investors and security holders may obtain copies of these documents and other documents filed with the SEC by Hasbro free of charge through the website maintained by the SEC at www.sec.gov. Copies of
        the documents filed by Hasbro are also available free of charge by accessing Hasbro&#8217;s website at www.hasbro.com.</div>
      <div><br>
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      <div style="font-family: 'Times New Roman';"><font style="text-decoration: underline;">Participants</font></div>
      <div style="font-family: 'Times New Roman';"> <br>
      </div>
      <div style="font-family: 'Times New Roman'; text-indent: 36pt;">This communication is neither a solicitation of a proxy or consent nor a substitute for any proxy statement or other filings that may be made with the
        SEC. Nonetheless, Hasbro, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies with respect to a solicitation by Hasbro. Information about Hasbro&#8217;s
        executive officers and directors is available in Hasbro&#8217;s Annual Report on Form 10-K for the year ended December 27, 2020, which was filed with the SEC on February 24, 2021, and in its proxy statement for the 2021 Annual Meeting of Shareholders,
        which was filed with the SEC on April 1, 2021, and in its Current Reports on Form 8-K filed with the SEC on October 5, 2021, October 10, 2021, October 13, 2021, October 27, 2021 and January 10, 2022. To the extent holdings of Hasbro securities
        reported in the proxy statement for the 2021 Annual Meeting or in such Form 8-K have changed, such changes have been or will be reflected on Statements of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are or will be
        available free of charge at the SEC&#8217;s website at www.sec.gov.</div>
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      <div class="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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      <div><br>
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      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">SIGNATURES</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt; color: #000000; font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
        behalf by the undersigned hereunto duly authorized.</div>
      <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';"> <br>
      </div>
      <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';"> <br>
      </div>
      <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">
        <table cellspacing="0" cellpadding="0" border="0" id="zffc2eb5024a34240bd74ee434f802da2" style="width: 100%; border-collapse: separate; font-family: 'Times New Roman'; font-size: 10pt;">

            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" rowspan="1" colspan="3">
                <div style="text-align: left; color: #000000; font-weight: bold;">HASBRO, INC.</div>
              </td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="top" colspan="1" style="width: 4%;">&#160;</td>
              <td valign="top" style="width: 31%;">&#160;</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" align="left" style="width: 50%; padding-bottom: 2px;"><br>
              </td>
              <td valign="top" style="width: 3%; padding-bottom: 2px;">
                <div style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: left;">By: </div>
              </td>
              <td valign="top" rowspan="1" colspan="2" style="width: 4%; border-bottom: 2px solid rgb(0, 0, 0);">/s/ Deborah Thomas</td>
              <td valign="top" style="width: 12%; padding-bottom: 2px;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="top" colspan="1" style="width: 4%;">Name:</td>
              <td valign="bottom" align="left" style="width: 31%; white-space: nowrap;">Deborah Thomas</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="top" colspan="1" style="width: 4%;">Title:</td>
              <td valign="top" style="width: 31%;">
                <div style="text-align: left; color: #000000;">Executive Vice President and Chief Financial Officer</div>
                <div style="text-align: left; color: #000000;">(Duly Authorized Officer and Principal Financial Officer)</div>
              </td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="top" colspan="1" style="width: 4%;">&#160;</td>
              <td valign="top" style="width: 31%;">&#160;</td>
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              <td valign="top" rowspan="1" style="width: 50%;">Date: February 17, 2022 <br>
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        <div style="text-align: right; font-family: Arial; font-size: 14pt; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> Exhibit 99.1</font><br>
        </div>
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        <div style="text-align: center; font-family: Arial; font-size: 14pt; font-weight: bold;"> <br>
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        <div style="text-align: center; font-family: Arial; font-size: 14pt; font-weight: bold;">Hasbro Confirms Receipt of Director Nominations From Alta Fox</div>
        <div><br>
        </div>
        <div style="text-align: center; font-family: Arial; font-style: italic;">No Shareholder Action Required at This Time</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">PAWTUCKET, R.I.-- Hasbro (NASDAQ: HAS) today confirmed that Alta Fox has submitted a letter nominating five candidates to stand for election to the Hasbro Board of Directors at the
          Company&#8217;s 2022 Annual Meeting of Shareholders.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Hasbro engages in regular communication with its shareholders and welcomes constructive input to further the best interests of all shareholders. The Company&#8217;s Board of Directors
          and management team are focused on maximizing value for shareholders and achieving that objective by capitalizing on all elements of Hasbro&#8217;s Brand Blueprint across three segments: consumer products; Wizards of the Coast and digital gaming; and
          entertainment.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">The Board and management team believe Hasbro is on the right path to deliver sustainable growth for shareholders, and consistent with its shareholder value creation plans,
          regularly review the business and its strategic direction. To that end, members of the Board and management team have held discussions with Alta Fox to better understand its views on the Company&#8217;s strategy. The Board and the Nominating,
          Governance and Social Responsibility Committee of the Board, will evaluate the notice of nominations, and the nominees, as it would submissions made by other shareholders. The Board&#8217;s recommendation with respect to the nominees to be elected at
          the upcoming meeting will be included in its proxy statement for the 2022 Annual Meeting.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Hasbro notes it has a highly qualified, independent, experienced and engaged Board. The Board has a long history of engagement and good corporate governance, including the recent
          separation of the Chair and CEO positions and ensuring that the Board maintains strong racial and gender diversity among its members. Rich Stoddart will assume the role of independent Chair on February 25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;</sup>with the appointment of Chris Cocks to the role of CEO and director.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Chris Cocks, who was appointed CEO of Hasbro effective February 25 and currently serves as President and Chief Operating Officer of Hasbro&#8217;s Wizards of the Coast and Digital Gaming
          division, will join the Board as its 11<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th </sup>director. Mr. Cocks&#8217;s extensive omni-channel experience, demonstrated ability to create and nurture winning brands, and
          proven track record make him uniquely positioned to accelerate Hasbro&#8217;s Brand Blueprint for supercharged growth while continuing to deliver strong shareholder returns.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Hasbro shareholders are not required to take action at this time. The Board and the Board&#8217;s Nominating, Governance and Social Responsibility Committee will review the proposed
          director nominees and present its recommendation regarding director candidates in the Company&#8217;s proxy statement and accompanying WHITE proxy card, which will be filed with the U.S. Securities and Exchange Commission. Proxy materials will be
          mailed to all shareholders eligible to vote at the Company&#8217;s 2022 Annual Meeting. The date of the Annual Meeting has not yet been announced.</div>
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          <div style="font-family: Arial; font-weight: bold;"><u> <br>
            </u></div>
          <div style="font-family: Arial; font-weight: bold;"><u>About Hasbro</u></div>
          <div style="font-family: Arial;">Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to Creating the World&#8217;s Best Play and Entertainment Experiences. From toys, games and consumer products
            to television, movies, digital gaming, live action, music, and virtual reality experiences, Hasbro connects to global audiences by bringing to life great innovations, stories and brands across established and inventive platforms. Hasbro&#8217;s
            iconic brands include NERF, MAGIC: THE GATHERING, MY LITTLE PONY, TRANSFORMERS, DUNGEONS &amp; DRAGONS, PLAY-DOH, MONOPOLY, BABY ALIVE, POWER RANGERS, PEPPA PIG and PJ MASKS, as well as premier partner brands. Through its global entertainment
            studio, eOne, Hasbro is building its brands globally through great storytelling and content on all screens. Hasbro is committed to making the world a better place for all children and all families through corporate social responsibility and
            philanthropy. Hasbro ranked among the 2020 100 Best Corporate Citizens by 3BL Media, has been named one of the World&#8217;s Most Ethical Companies<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> by Ethisphere
            Institute for the past nine years, and one of America&#8217;s Most JUST Companies by Forbes and JUST Capital for the past four years. We routinely share important business and brand updates on our Investor Relations website, Newsroom and social
            channels (@Hasbro on Twitter and Instagram, and @HasbroOfficial on Facebook.)</div>
          <div><br>
          </div>
          <div style="font-family: Arial; font-weight: bold;"><u>Forward-Looking Statements</u></div>
          <div style="font-family: Arial;">This press release contains &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be
            accompanied by such words as &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;forecast,&#8221; &#8220;intend,&#8221; &#8220;may,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;project,&#8221; &#8220;target,&#8221; &#8220;will&#8221; and other words and terms of similar meaning. Among other things, these
            forward-looking statements may include statements concerning: the ability to achieve our financial and business goals and objectives, including accelerating our brand blueprint to achieve long-term sustainable growth. Specific factors that
            might cause such a difference include those risks detailed from time to time in Hasbro&#8217;s filings with the U.S. Securities and Exchange Commission. The statements contained herein are based on Hasbro&#8217;s current beliefs and expectations and speak
            only as of the date of this press release. Except as may be required by law, Hasbro does not undertake any obligation to make any revisions to the forward-looking statements contained in this press release or to update them to reflect events or
            circumstances occurring after the date of this press release. You should not place undue reliance on forward-looking statements.</div>
          <div><br>
          </div>
          <div style="font-family: Arial; font-weight: bold;">Additional Information and Where to Find it</div>
          <div style="font-family: Arial;">Hasbro intends to file with the SEC a proxy statement on Schedule 14A, containing a form of WHITE proxy card, with respect to its solicitation of proxies for Hasbro&#8217;s 2022 Annual
            Meeting of Shareholders. This press release is not a substitute for any proxy statement or other document that Hasbro may file with the SEC in connection with any solicitation by Hasbro. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE
            PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED BY HASBRO AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION
            ABOUT ANY SOLICITATION. Investors and security holders may obtain copies of these documents and other documents filed with the SEC by Hasbro free of charge through the website maintained by the SEC at www.sec.gov. Copies of the documents filed
            by Hasbro are also available free of charge by accessing Hasbro&#8217;s website at <font style="color: #0563C1;"><u>www.hasbro.com</u></font>.</div>
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          <div style="font-family: Arial; font-weight: bold;">Participants</div>
          <div style="font-family: Arial;">This press release is neither a solicitation of a proxy or consent nor a substitute for any proxy statement or other filings that may be made with the SEC. Nonetheless, Hasbro,
            its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies with respect to a solicitation by Hasbro. Information about Hasbro&#8217;s executive officers and
            directors is available in Hasbro&#8217;s Annual Report on Form 10-K for the year ended December 27, 2020, which was filed with the SEC on February 24, 2021, and in its proxy statement for the 2021 Annual Meeting of Shareholders, which was filed with
            the SEC on April 1, 2021, and in its Current Reports on Form 8-K filed with the SEC on October 5, 2021, October 10, 2021, October 13, 2021, October 27, 2021 and January 10, 2022. To the extent holdings of Hasbro securities reported in the proxy
            statement for the 2021 Annual Meeting or in such Form 8-K have changed, such changes have been or will be reflected on Statements of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are or will be available free of
            charge at the SEC&#8217;s website at www.sec.gov.</div>
          <div><br>
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          <div style="font-family: Arial;">HAS-IR</div>
          <div style="font-family: Arial;">HAS-C</div>
          <div><br>
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          <div style="font-family: Arial; font-weight: bold;"><u>Contacts</u></div>
          <div style="font-family: Arial;"><font style="color: #333333;">Investors:&#160;</font>Debbie Hancock<font style="color: #333333;">&#160;|&#160;</font>Hasbro,

            Inc.<font style="color: #333333;">&#160;| (401) 727-5401 |&#160;</font><font style="color: #005EB8;"><u>debbie.hancock@hasbro.com</u></font></div>
          <div style="font-family: Arial;"><font style="color: #333333;">Media:&#160;</font>Carrie Ratner<font style="color: #333333;">&#160;|&#160;</font>Hasbro,
            Inc.<font style="color: #333333;">&#160;| (401) 556-2720 |&#160;</font><font style="color: #005EB8;"><u>carrie.ratner@hasbro.com</u></font></div>
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