<SEC-DOCUMENT>0000950157-22-000391.txt : 20220404
<SEC-HEADER>0000950157-22-000391.hdr.sgml : 20220404
<ACCEPTANCE-DATETIME>20220404091250
ACCESSION NUMBER:		0000950157-22-000391
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20220404
DATE AS OF CHANGE:		20220404

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:		22800530

	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">false000004608000000460802022-04-012022-04-01</div>
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    <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt; font-weight: bold;">&#160;UNITED STATES</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; color: #000000; font-weight: bold;">Washington, D.C. 20549</div>
    <div style="text-align: center;"><br>
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      <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; border: none; margin-left: auto; margin-right: auto;"></div>
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    <div style="text-align: center; color: #000000; font-size: 18pt; font-weight: bold;">FORM 8-K</div>
    <div style="text-align: center; color: #000000; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; color: #000000; 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-weight: bold;"> <br>
    </div>
    <div style="text-align: center; color: #000000; font-weight: bold;">CURRENT REPORT</div>
    <div style="text-align: center; color: #000000; 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;">Date of Report (Date of earliest event reported): April 1, 2022</div>
    <div><br>
    </div>
    <div style="text-align: center;">
      <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; border: none; margin-left: auto; margin-right: auto;">
      <div> <br>
      </div>
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    <div style="text-align: center; color: #000000; font-size: 24pt; font-weight: bold;">Hasbro, Inc.<br>
    </div>
    <div style="text-align: center; color: #000000;">(Exact name of registrant as specified in its charter)</div>
    <div style="text-align: center; color: #000000;"> <br>
    </div>
    <div style="text-align: center;">
      <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; border: none; margin-left: auto; margin-right: auto;"></div>
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    <table cellspacing="0" cellpadding="0" id="zc22e75e789a84f4f896c0725faddd742" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 34.4%; 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 style="width: 2%; vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td style="width: 27.2%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: #000000; font-weight: bold;">1-6682<br>
            </div>
          </td>
          <td style="width: 2%; vertical-align: bottom; padding-bottom: 2px;" colspan="1">&#160;</td>
          <td style="width: 34.4%; 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: 34.4%; vertical-align: bottom;">
            <div style="text-align: center; color: #000000;">(State or other jurisdiction of incorporation or organization)</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;" colspan="1">&#160;</td>
          <td style="width: 27.2%; vertical-align: bottom;">
            <div style="text-align: center; color: #000000;">(Commission File Number)</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;" colspan="1">&#160;</td>
          <td style="width: 34.4%; vertical-align: bottom;">
            <div style="text-align: center; color: #000000;">(I.R.S. Employer Identification No.)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z0e6c746023084be8bd81dc990bac5f86" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 45.46%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; margin-left: 2pt; color: #000000; font-weight: bold;">1027 Newport Avenue<br>
            </div>
            <div style="text-align: center; margin-left: 2pt; color: #000000; font-weight: bold;">Pawtucket, Rhode Island</div>
          </td>
          <td style="width: 9.09%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 45.45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; color: #000000; font-weight: bold;">02861<br>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.46%; vertical-align: bottom;">
            <div style="text-align: center; margin-left: 2pt; color: #000000;">(Address of Principal Executive Offices)</div>
          </td>
          <td style="width: 9.09%; vertical-align: bottom;">&#160;</td>
          <td style="width: 45.45%; vertical-align: bottom;">
            <div style="text-align: center;">(Zip Code)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: center; color: #000000;">Registrant&#8217;s telephone number, including area code:&#160; <font style="font-weight: bold;">(401) 431-8697</font></div>
    <div><br>
    </div>
    <div style="color: #000000;">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;">&#9744; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
    <div style="color: #000000;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9746; </font>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
    <div style="color: #000000;">&#9744; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
    <div style="color: #000000;">&#9744; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
    <div><br>
    </div>
    <div>
      <div style="color: #000000;">Securities registered pursuant to Section 12(b) of the Act.</div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z2770da7b4e364f84b733988249a50dd3" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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            <td style="width: 40.02%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: center; color: #000000;">Title of each class</div>
            </td>
            <td style="width: 3.2%; vertical-align: top;">&#160;</td>
            <td style="width: 13.56%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: center; color: #000000;">Trading Symbol(s)</div>
            </td>
            <td style="width: 3.2%; vertical-align: top;">&#160;</td>
            <td style="width: 40.02%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: center; color: #000000;">Name of each exchange on which registered</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40.02%; vertical-align: bottom; border-top: #000000 2px solid;">
              <div style="text-align: center; color: #000000;">Common Stock, $0.50 par value per share<br>
              </div>
            </td>
            <td style="width: 3.2%; vertical-align: top;">&#160;</td>
            <td style="width: 13.56%; vertical-align: bottom; border-top: #000000 2px solid;">
              <div style="text-align: center; color: #000000;">HAS<br>
              </div>
            </td>
            <td style="width: 3.2%; vertical-align: top;">&#160;</td>
            <td style="width: 40.02%; vertical-align: bottom; border-top: #000000 2px solid;">
              <div style="text-align: center; color: #000000;">The NASDAQ Global Select Market<br>
              </div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div style="color: #000000;">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;"> <br>
    </div>
    <div style="color: #000000;">Emerging growth company &#9744;</div>
    <div><br>
    </div>
    <div style="color: #000000;">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. &#9744;</div>
    <div><br>
    </div>
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      <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
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          <td style="width: 58.5pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 5.02</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</div>
          </td>
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    </table>
    <div><br>
    </div>
    <div style="text-indent: 22.5pt; color: #000000;">On April 1, 2022, the Board of Directors (the &#8220;Board&#8221;) of Hasbro, Inc. (the &#8220;Company&#8221;) increased the size of the Board from eleven (11) to thirteen (13) and, based on the recommendation of the
      Nominating, Governance and Social Responsibility Committee of the Board, appointed Elizabeth Hamren and Blake Jorgensen to fill the vacancies on the Board created by such increase, effective as of April&#160;1,&#160;2022.</div>
    <div><br>
    </div>
    <div style="text-indent: 24.5pt; color: #000000;">
      <div style="text-indent: 24.5pt; color: #000000;">Ms. Hamren has served as Chief Operating Officer at Discord Inc., a voice, video and text communication service that enables people to gather virtually, including while gaming, since December 2021.
        Prior to joining Discord, Ms. Hamren served as a Corporate Vice President at Microsoft Corporation from March 2017 to December 2021 running product and engineering for Xbox consumer products, including developing and launching the Xbox Series X|S
        and leading Xbox Game Pass. Prior to that, from August 2015 to March 2017, she led Global Marketing and Sales for Oculus at Meta Platforms, Inc. (formerly Facebook, Inc.), where she launched the industry-defining Oculus Rift virtual reality
        headset.&#160; Earlier in her career, from November 2012 to October 2014, Ms. Hamren was Vice President of Marketing at Dropcam, Inc., where she ran marketing, subscriptions, and direct sales, prior to the company being sold to Google/Nest. Ms. Hamren
        holds a BSE in Civil Engineering and Operations Research from Princeton University, and an M.B.A. from Harvard Business School.</div>
      <div>&#160;</div>
      <div style="text-indent: 24.5pt; color: #000000;">Mr. Jorgensen is Executive Vice President of Special Projects at Electronic Arts Inc. (&#8220;EA&#8221;), which he joined in 2012 as Chief Financial Officer. Mr. Jorgensen has over 20 years of experience in
        finance across various industries with a deep understanding of finance, consumer products, technology and gaming.&#160; Mr. Jorgensen served as Executive Vice President and Chief Financial Officer of EA from September 2012 to March 2022, and as EA&#8217;s
        Chief Operating Officer from April 2018 to October 2021.&#160; Since 2012, he has also managed EA&#8217;s Business Development team which is in charge of all licensing deals in sports and entertainment, as well as the Corporate Development team which is in
        charge of all M&amp;A and partnerships. Prior to joining EA, Mr. Jorgensen served as Executive Vice President and Chief Financial Officer of Levi Strauss &amp; Co. from July 2009 to August 2012 and was Executive Vice President and Chief Financial
        Officer of Yahoo! Inc. from June 2007 to June 2009. Before joining Yahoo! Inc., Mr. Jorgensen also served as the Chief Operating Officer and Co-Director of Investment Banking at Thomas Weisel Partners, which he co-founded in 1998. He has also held
        financial and operational positions at Montgomery Securities, MAC Group/Gemini Consulting and Marakon Associates. Mr. Jorgensen earned his M.B.A. from Harvard Business School and his undergraduate degree from Stanford University.</div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 24.5pt; color: #000000;">Ms. Hamren will serve as a member of the Compensation Committee and the Cybersecurity and Data Privacy Committee of the Board, and Mr. Jorgensen will serve as a member of the Audit Committee and the
      Finance Committee of the Board.</div>
    <div><br>
    </div>
    <div style="text-indent: 24.5pt; color: #000000;">There are no arrangements or understandings between Ms. Hamren or Mr. Jorgensen and any other persons pursuant to which they were selected as a director. Pursuant to the Company&#8217;s compensation program
      for non-employee directors, each of Ms. Hamren and Mr. Jorgensen will be entitled to receive (i)&#160;the Company&#8217;s annual stock grant issued to non-employee directors and (ii)&#160;the Company&#8217;s annual cash retainers paid to non-employee directors for their
      service on the Board and its committees, in each case, prorated for the year of appointment.</div>
    <div><br>
    </div>
    <div style="text-indent: 24.5pt; color: #000000;">In addition, each of Ms. Hamren and Mr. Jorgensen will become party with the Company to the Company&#8217;s form of Director Indemnification Agreement, which has been filed as Exhibit 10(jj) to the Company&#8217;s
      Annual Report on Form 10-K for the fiscal year ended December 30, 2007.</div>
    <div><br>
    </div>
    <div style="text-indent: 24.5pt;"><font style="color: #000000;">A copy of the press release announcing </font>the appointment of <font style="color: #000000;">Ms. Hamren and Mr. Jorgensen to the Board is attached as Exhibit 99.1 to this Current
        Report and is incorporated herein by reference.</font></div>
    <div><br>
    </div>
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    <table cellspacing="0" cellpadding="0" id="zbf45718d7b7046fa81d74c76bbe8189a" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 58.5pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 8.01</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Other Events.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-indent: 24.5pt; color: #000000;">On April 4, 2022, the Company (i)&#160;issued a press release announcing the filing of its preliminary proxy materials with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) in connection with the
      Company&#8217;s 2022 Annual Meeting of Shareholders and (ii)&#160;published two letters to shareholders and other stakeholders, one from Richard S. Stoddart, Chair of the Board, and one from Chris Cocks, Chief Executive Officer and member of the Board.&#160; Copies
      of these communications are attached as Exhibits 99.2, 99.3 and 99.4, respectively, to this Current Report and are incorporated herein by reference.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z2ff6b565d8e44dc29b2eb0fd33340f92" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 58.5pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 9.01</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Financial Statements and Exhibits.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-indent: 36pt; color: #000000;">(d) Exhibits</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" id="zadc99a67ab3a4c20b6cbce5e5d2be872" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 5%; vertical-align: bottom;">
            <div style="color: #000000;">99.1</div>
          </td>
          <td style="width: 95%; vertical-align: bottom;">
            <div>Hasbro, Inc. Press Release, dated April 4, 2022</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">99.2</div>
          </td>
          <td style="width: 95%; vertical-align: bottom;">
            <div>Hasbro, Inc. Press Release, dated April 4, 2022</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">99.3</div>
          </td>
          <td style="width: 95%; vertical-align: bottom;">
            <div>Letter from Richard S. Stoddart, dated April 4, 2022</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">99.4</div>
          </td>
          <td style="width: 95%; vertical-align: bottom;">
            <div>Letter from Chris Cocks, dated April 4, 2022</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;" rowspan="1">104<br>
          </td>
          <td style="width: 95%; vertical-align: bottom;" rowspan="1">
            <div style="font-family: Arial; font-size: 8pt;">
              <div style="font-family: 'Times New Roman'; font-size: 10pt;">Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.</div>
            </div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="font-weight: bold;"><font style="text-decoration: underline;">Forward-Looking Statements</font></div>
    <div><br>
    </div>
    <div>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 impact and contributions
      of our new director appointments, and our ability to achieve our financial and business plans, goals and objectives, including achieving long-term sustainable profitable growth and long-term value for shareholders. Specific factors that might cause
      such a difference include those risks detailed from time to time in Hasbro&#8217;s filings with the SEC. 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>
    </div>
    <div style="font-weight: bold;"><font style="text-decoration: underline;">Additional Information and Where to Find it</font></div>
    <div><br>
    </div>
    <div>Hasbro has filed with the SEC a preliminary 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 (the &#8220;2022 Annual Meeting&#8221;). The proxy
      statement is in preliminary form and Hasbro intends to file and mail a definitive proxy statement to stockholders of Hasbro. This communication is not a substitute for any proxy statement or other document that Hasbro has filed or 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 CAREFULLY
      AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR 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>
    </div>
    <div style="font-weight: bold;"><font style="text-decoration: underline;">Participants</font></div>
    <div><br>
    </div>
    <div>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 preliminary proxy statement for the 2022
      Annual Meeting, which was filed with the SEC on April&#160;4, 2022, and will be included in Hasbro&#8217;s definitive proxy statement, once available. To the extent holdings of Hasbro securities reported in the proxy statement for the 2022 Annual Meeting 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 style="text-align: center; color: #000000; font-weight: bold;">SIGNATURES</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; color: #000000;">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>
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            <td valign="top" colspan="3"><strong>HASBRO, INC.<br>
              </strong></td>
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              <div style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: left;">By: </div>
            </td>
            <td valign="top" align="left" style="border-bottom: 2px solid rgb(0, 0, 0); white-space: nowrap;" colspan="2">/s/ Deborah Thomas<br>
            </td>
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            <td valign="top" style="width: 3%;">&#160;</td>
            <td valign="bottom" align="left" style="width: 4%; white-space: nowrap;">Name:</td>
            <td valign="bottom" align="left" style="width: 31%; white-space: nowrap;">Deborah Thomas</td>
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            <td valign="top" style="width: 3%;">&#160;</td>
            <td valign="top" 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>
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    </div>
    <div style="color: rgb(0, 0, 0);">Date: April 4, 2022<br>
    </div>
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  </div>
  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
  </div>
  <br>
  <div style="text-align: center;"><img width="115" height="115" src="image0.jpg"></div>
  <div style="text-align: center; font-family: Arial; font-weight: bold;">Elizabeth Hamren and Blake Jorgensen Join Hasbro&#8217;s Board of Directors</div>
  <div><br>
  </div>
  <div style="font-family: Arial;">PAWTUCKET, R.I. &#8212;April 4, 2022&#8212;Hasbro, Inc. (NASDAQ: HAS) (&#8220;Hasbro&#8221;), a global play and entertainment company, today announced that Elizabeth Hamren, Chief Operating Officer of Discord Inc., and Blake Jorgensen, Executive
    Vice President of Special Projects, and former Chief Financial Officer and Chief Operating Officer, at Electronic Arts Inc., have been appointed to Hasbro&#8217;s Board of Directors, effective April 1, 2022.</div>
  <div><br>
  </div>
  <div style="font-family: Arial;">&#8220;As part of our ongoing commitment to board refreshment and shareholder engagement, we are thrilled to add Liz and Blake to our highly qualified, experienced and diverse Board of Directors,&#8221; said Rich Stoddart, Chair of
    Hasbro&#8217;s Board of Directors. &#8220;As proven, experienced leaders with significant industry expertise and a long history of delivering profitable growth, Liz and Blake add tremendous value and critical thinking to our Board as we enter the next phase of our
    growth. Their significant management experience and qualifications in areas important to Hasbro&#8217;s strategy including digital gaming, technology, brand development and capital allocation, coupled with their superb operational, strategic and financial
    acumen, will enable them to make immediate, valuable contributions as we continue to unlock the value of our award-winning brands and create long-term value for our shareholders.&#8221;</div>
  <div><br>
  </div>
  <div style="font-family: Arial;">Elizabeth Hamren has served as Chief Operating Officer at Discord Inc., a voice, video and text communication service that enables people to gather virtually, including while gaming, since December 2021. Prior to joining
    Discord, Ms. Hamren served as a Corporate Vice President at Microsoft Corporation from March 2017 to December 2021 running product and engineering for Xbox consumer products, including developing and launching the Xbox Series X|S and leading Xbox Game
    Pass. Prior to that, from August 2015 to March 2017, she led Global Marketing and Sales for Oculus at Meta Platforms, Inc. (formerly Facebook, Inc.), where she launched the industry-defining Oculus Rift virtual reality headset.&#160; Earlier in her career,
    from November 2012 to October 2014, Ms. Hamren was Vice President of Marketing at Dropcam, Inc., where she ran marketing, subscriptions, and direct sales, prior to the company being sold to Google/Nest. Ms. Hamren holds a BSE in Civil Engineering and
    Operations Research from Princeton University, and an M.B.A. from Harvard Business School.</div>
  <div><br>
  </div>
  <div style="font-family: Arial;">&#8220;Liz is a consumer technology and games enthusiast whose passion for innovation and corporate re-invention will be a valuable asset to Hasbro&#8217;s Board as we continue to execute on our proven Brand Blueprint strategy and
    lean into our strengths as a gaming company,&#8221; said Chris Cocks, Chief Executive Officer and member of Hasbro&#8217;s Board of Directors. &#8220;She brings to the Board extensive and broad management experience as well as a critical digital perspective that will
    enhance our brands and broader business.&#8221;</div>
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  <div>&#160;</div>
  <div style="font-family: Arial;">Blake Jorgensen is Executive Vice President of Special Projects at Electronic Arts Inc. (&#8220;EA&#8221;), which he joined in 2012 as Chief Financial Officer. Mr. Jorgensen has over 20 years of experience in finance across various
    industries with a deep understanding of finance, consumer products, technology and gaming.&#160; Mr. Jorgensen served as Executive Vice President and Chief Financial Officer of EA from September 2012 to March 2022, and as EA&#8217;s Chief Operating Officer from
    April 2018 to October 2021.&#160; Since 2012, he has also managed EA&#8217;s Business Development team which is in charge of all licensing deals in sports and entertainment, as well as the Corporate Development team which is in charge of all M&amp;A and
    partnerships. Prior to joining EA, Mr. Jorgensen served as Executive Vice President and Chief Financial Officer of Levi Strauss &amp; Co. from July 2009 to August 2012 and was Executive Vice President and Chief Financial Officer of Yahoo! Inc. from
    June 2007 to June 2009. Before joining Yahoo! Inc., Mr. Jorgensen also served as the Chief Operating Officer and Co-Director of Investment Banking at Thomas Weisel Partners, which he co-founded in 1998. He has also held financial and operational
    positions at Montgomery Securities, MAC Group/Gemini Consulting and Marakon Associates. Mr. Jorgensen earned his M.B.A. from Harvard Business School and his undergraduate degree from Stanford University.</div>
  <div><br>
  </div>
  <div style="font-family: Arial;">&#8220;Blake&#8217;s expertise, leadership skills and strategic growth mindset have been critical to the long-term success of digital gaming powerhouse Electronic Arts,&#8221; said Cocks. &#8220;He brings to the Hasbro Board a diverse range of
    experiences and critical digital gaming and technology expertise as Hasbro looks to further develop this segment of its business.&#8221;</div>
  <div><br>
  </div>
  <div style="font-family: Arial; font-weight: bold;"><u>About Hasbro&#160;</u></div>
  <div><br>
  </div>
  <div style="font-family: Arial;">Hasbro (NASDAQ: HAS) is a global play and entertainment&#160;company committed to making the world a better place for all children, fans and families. Hasbro delivers immersive brand experiences for global audiences through
    consumer products, including toys and games; entertainment through eOne, its independent studio; and gaming, led by the team at Wizards of the Coast, an award-winning developer of tabletop and digital games best known for fantasy franchises MAGIC: THE
    GATHERING and DUNGEONS &amp; DRAGONS.&#160;</div>
  <div style="font-family: Arial;">&#160;</div>
  <div style="font-family: Arial;">The company&#8217;s unparalleled portfolio of approximately 1,500&#160;brands includes MAGIC: THE GATHERING, NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, DUNGEONS &amp; DRAGONS, POWER RANGERS, PEPPA PIG and PJ
    MASKS, as&#160;well as premier partner brands. For the past decade,&#160;Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media and one of the World&#8217;s Most Ethical
    Companies by Ethisphere Institute. Important business and brand updates are routinely shared on our Investor Relations website, Newsroom and social channels (@Hasbro on Twitter, Instagram, Facebook and LinkedIn.)&#160;</div>
  <div><br>
  </div>
  <div style="font-family: Arial;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#169;</sup> 2022&#160;Hasbro, Inc.&#160;All Rights Reserved.</div>
  <div><br>
  </div>
  <div style="font-family: Arial; font-weight: bold;"><u>Forward-Looking Statements</u></div>
  <div><br>
  </div>
  <div style="font-family: Arial;">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 impact and contributions of our new director appointments, and our ability to achieve our financial and business plans, goals and objectives, including achieving long-term sustainable profitable growth and long-term value for
    shareholders . 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>
  </div>
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  <div><br>
  </div>
  <div>&#160;</div>
  <div style="font-family: Arial; font-weight: bold;"><u>Additional Information and Where to Find it</u></div>
  <div><br>
  </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
    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&#160;<u>www.hasbro.com</u>.</div>
  <div><br>
  </div>
  <div style="font-family: Arial; font-weight: bold;"><u>Participants</u></div>
  <div><br>
  </div>
  <div style="font-family: Arial;">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 26, 2021, which was filed with the SEC on February 23, 2022, 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 12, 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 <u>www.sec.gov</u>.</div>
  <div><br>
  </div>
  <div style="font-family: Arial;">HAS-IR</div>
  <div style="font-family: Arial;">HAS-C</div>
  <div><br>
  </div>
  <div style="font-family: Arial;">Investors: Debbie Hancock | Hasbro, Inc. | (401) 727-5401 | <u>debbie.hancock@hasbro.com</u></div>
  <div style="font-family: Arial;">Media: Carrie Ratner | Hasbro, Inc. | (401) 556-2720 | <u>carrie.ratner@hasbro.com</u></div>
  <div><br>
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  <div> <br>
  </div>
  <div>
    <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.2</font><br>
    </div>
    <div> <br>
    </div>
    <div>
      <div style="text-align: center;"><img width="115" height="115" src="image0.jpg"></div>
      <div style="text-align: center; font-family: Arial; font-weight: bold;">Hasbro Files Preliminary Proxy Materials</div>
      <div><br>
      </div>
      <div style="text-align: center; font-family: Arial; font-style: italic;">Issues Letters from Chair of the Board and CEO</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">PAWTUCKET, R.I. &#8212;April 4, 2022&#8212;Hasbro, Inc. (NASDAQ: HAS), a global play and entertainment company, today announced that it has filed its preliminary proxy materials with the U.S. Securities and Exchange Commission
        (&#8220;SEC&#8221;) in connection with the Company&#8217;s 2022 Annual Meeting of Shareholders.</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">Hasbro has also issued two letters to shareholders and other stakeholders, one from its Chair of the Board, Rich Stoddart, and one from Chris Cocks, Chief Executive Officer and member of the Board.</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">Mr. Stoddart&#8217;s letter discusses the strength of Hasbro&#8217;s leadership and Brand Blueprint strategy and the shareholder engagement and Board review processes leading to the addition of Elizabeth Hamren and Blake
        Jorgensen to the Board, two new exceptional directors and nominees, as well as background information on the Company&#8217;s engagement with Alta Fox Opportunities Fund, LP (&#8220;Alta Fox&#8221;).&#160; The letter can be read in full here.</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">In his letter, Mr. Cocks discusses his plans for investing in people, systems and culture to guide disciplined, data-based decision making focused on growth, profitability and long-term shareholder returns, through a
        three-pronged focus on Games, Multigenerational Play &amp; Entertainment and Direct relationships with fans. The letter can be read in full here.</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">The Board believes Hasbro, under the leadership of Mr. Cocks, is on the right path to deliver sustainable, profitable growth and long-term value for shareholders by taking its winning brands and intellectual property
        across all elements of the Brand Blueprint and creating multiple categories of entertainment with consumers and fans.</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">Additional information regarding Hasbro&#8217;s perspective on its engagement with Alta Fox can be found in the Company&#8217;s preliminary proxy statement that has been filed with the SEC.</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">For information about Hasbro&#8217;s 2022 Annual Meeting, please visit: <u>https://investor.hasbro.com/</u>.</div>
      <div><br>
      </div>
      <div style="font-family: Arial; font-weight: bold;"><u>About Hasbro&#160;</u></div>
      <div><br>
      </div>
      <div style="font-family: Arial;">Hasbro (NASDAQ: HAS) is a global play and entertainment&#160;company committed to making the world a better place for all children, fans and families. Hasbro delivers immersive brand experiences for global audiences
        through consumer products, including toys and games; entertainment through eOne, its independent studio; and gaming, led by the team at Wizards of the Coast, an award-winning developer of tabletop and digital games best known for fantasy franchises
        MAGIC: THE GATHERING and DUNGEONS &amp; DRAGONS.&#160;</div>
      <div><br>
      </div>
      <div><br>
      </div>
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      <div><br>
      </div>
      <div>&#160;</div>
      <div style="font-family: Arial;">The company&#8217;s unparalleled portfolio of approximately 1,500&#160;brands includes MAGIC: THE GATHERING, NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, DUNGEONS &amp; DRAGONS, POWER RANGERS, PEPPA PIG
        and PJ MASKS, as&#160;well as premier partner brands. For the past decade,&#160;Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media and one of the World&#8217;s Most
        Ethical Companies by Ethisphere Institute. Important business and brand updates are routinely shared on our Investor Relations website, Newsroom and social channels (@Hasbro on Twitter, Instagram, Facebook and LinkedIn.)&#160;</div>
      <div><br>
      </div>
      <div style="font-family: Arial;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#169;</sup> 2022&#160;Hasbro, Inc.&#160;All Rights Reserved.</div>
      <div><br>
      </div>
      <div style="font-family: Arial; font-weight: bold;"><u>Forward-Looking Statements</u></div>
      <div><br>
      </div>
      <div style="font-family: Arial;">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 plans, goals and objectives, including our ability to achieve long-term sustainable profitable growth and long-term value for shareholders. 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>
      </div>
      <div style="font-family: Arial; font-weight: bold;"><u>Additional Information and Where to Find it</u></div>
      <div><br>
      </div>
      <div style="font-family: Arial;">Hasbro has filed with the SEC a preliminary 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 (the
        &#8220;2022 Annual Meeting&#8221;). The proxy statement is in preliminary form and Hasbro intends to file and mail a definitive proxy statement to stockholders of Hasbro. This communication is not a substitute for any proxy statement or other document that
        Hasbro has filed or 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 CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR 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 <u>www.hasbro.com</u>.</div>
      <div><br>
      </div>
      <div><br>
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      <div><br>
      </div>
      <div>&#160;</div>
      <div style="font-family: Arial; font-weight: bold;"><u>Participants</u></div>
      <div><br>
      </div>
      <div style="font-family: Arial;">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 preliminary
        proxy statement for the 2022 Annual Meeting, which was filed with the SEC on April&#160;4, 2022, and will be included in Hasbro&#8217;s definitive proxy statement, once available. To the extent holdings of Hasbro securities reported in the proxy statement for
        the 2022 Annual Meeting 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 <u>www.sec.gov</u>.</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">HAS-IR</div>
      <div style="font-family: Arial;">HAS-C</div>
      <div><br>
      </div>
      <div style="font-family: Arial;">Investors: Debbie Hancock | Hasbro, Inc. | (401) 727-5401 | <u>debbie.hancock@hasbro.com</u></div>
      <div style="font-family: Arial;">Media: Carrie Ratner | Hasbro, Inc. | (401) 556-2720 | <u>carrie.ratner@hasbro.com</u></div>
      <div><br>
      </div>
      <div><br>
      </div>
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      <div><br>
      </div>
      <div style="font-weight: bold; text-align: right;">Exhibit 99.3<br>
      </div>
      <div><font style="font-weight: bold;"> </font><br>
      </div>
      <div>
        <div><img width="115" height="115" src="image0.jpg"></div>
        <div style="text-indent: 36pt; margin-left: 522pt; font-family: Arial;">April 4, 2022</div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Dear Fellow Hasbro Shareholder,</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">It is a tremendous privilege and responsibility to serve as the Chair of the Board of Hasbro, following my time as interim CEO, and in my continued capacity as a director for the past several years.&#160; I look forward
          to working alongside our talented, experienced, and diverse board and management team as Hasbro begins the next phase of its long-term growth story.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Our Board&#8217;s focus is to work with Hasbro&#8217;s management team to drive exceptional long-term shareholder returns. The last two years of this pandemic have presented unique challenges, from shutdowns of TV and film
          productions to supply chain bottlenecks.&#160; But we believe our world class portfolio of assets; our Brand Blueprint strategy, which enables us to execute our brands across an array of categories; and our phenomenal growth engine in gaming, position
          Hasbro to continue our longer-term trend of strong performance.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">We are also incredibly excited to be welcoming Chris Cocks to the role of CEO. We were fortunate that in our ongoing succession process, our continued focus on talent development and recruitment afforded us strong
          internal candidates who we evaluated in parallel with a rigorous external market evaluation.&#160; In Chris, we have found the right leader for Hasbro&#8217;s next chapter of growth.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Under Chris&#8217;s leadership of our Wizards of the Coast and digital gaming business, he demonstrated an extraordinary ability to rapidly and profitably grow by putting the consumer at the center. He achieved success by
          embracing the incredible potential for multi-generational gaming and entertainment and immersing himself in our brands and business. He employed a disciplined, data-driven process, focused on growth, profitability and return on investment,
          building the highest-quality team with industry-leading expertise. This approach will continue under his leadership of Hasbro.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">As you may be aware, a hedge fund by the name of Alta Fox 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 and
          has been publicly calling for a spin-off of Wizards of the Coast.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">As a Board, we represent the interests of all shareholders, and working with Hasbro&#8217;s senior management team, we are committed to engaging with shareholders in a constructive and thoughtful manner. Consistent with
          that commitment, members of Hasbro&#8217;s Board of Directors and management team have had a series of conversations with Alta Fox to hear its views over the last few months, both before it went public with its campaign and since, and to reach
          resolution in a manner that is in the best interests of ALL shareholders.</div>
        <div style="font-family: Arial;"> <br>
        </div>
        <div><br>
        </div>
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        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div style="font-family: Arial;">The preliminary proxy that we filed today shows that Hasbro made multiple reasonable settlement offers and presented the opportunity for all five of Alta Fox&#8217;s director nominees to be interviewed directly by the
          Board&#8217;s Nominating, Governance and Social Responsibility Committee. Initially, Alta Fox declined to reveal the identity of its candidates, preventing Hasbro from considering their qualifications. Even after revealing the identities of its
          nominees on February 16, Alta Fox still refused to allow Hasbro&#8217;s Board to interview any of its nominees until March 14, when Alta Fox made two of its candidates available to interview, which Hasbro promptly did.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">While the engagement process with Alta Fox was continuing, Hasbro also engaged directly with many of you to hear your thoughts regarding Alta Fox&#8217;s proposal and to listen to viewpoints regarding our Board of
          Directors. We heard that you support adding additional expertise in specific areas, including digital gaming and technology, as well as capital allocation.&#160; A thoughtful and fulsome search for new, highly qualified director candidates had begun
          even before Brian&#8217;s passing and that work has continued.&#160; We have received great interest and our rigorous process has involved the consideration of more than two dozen potential candidates with exceptional backgrounds. The two Alta Fox nominees
          who were made available for interviews went through the same process as all the other candidates our Board interviewed.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Following our process, the Nominating, Governance and Social Responsibility Committee members, and subsequently the full Board, discussed all of the candidates we had interviewed, with the objective of selecting the
          candidates with the strongest experience, skillset and ability to contribute to the strategic direction of Hasbro. We were particularly focused on experience in digital gaming, technology and other industries most relevant to Hasbro&#8217;s future,
          superb strategic and financial acumen, expertise in capital allocation, disciplined investment and delivering return to shareholders, and public company board experience.&#160; As the culmination of that process and effective on April 1<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">st</sup>, 2022, we added Liz Hamren and Blake Jorgensen to the Hasbro Board, two highly qualified and sought-after senior executives with significant expertise in gaming,
          technology, operations, and capital allocation.&#160; They are proven, experienced leaders who will bring tremendous incremental value and critical thinking to Hasbro&#8217;s Board.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Together, with the addition of Chris Cocks to the Board on February 25, we have now added three new perspectives to the Board since the beginning of the year.&#160;This refreshment is in addition to the departures of six
          Board members since 2017 and four additions since 2016.&#160;&#160;As this makes clear, Board refreshment has been an ongoing priority for us.</div>
        <div style="font-family: Arial;"> <br>
        </div>
        <div style="font-family: Arial;">In the process of deciding to add Ms. Hamren and Mr. Jorgensen, the Board thoroughly evaluated the two nominees Alta Fox allowed us to interview and reviewed the three other nominees Alta Fox did not allow us to
          interview based on publicly available information. The Board concluded that Ms. Hamren and Mr. Jorgensen are superior additions to the Hasbro Board versus the Alta Fox nominees, as Ms. Hamren&#8217;s and Mr. Jorgensen&#8217;s experience and qualifications
          were the most likely to positively impact the Company&#8217;s operations and enhance shareholder value. We are thrilled to welcome them to the Hasbro Board and are confident that they will make immediate and valuable contributions that will benefit all
          our shareholders.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">The Board appreciates Alta Fox&#8217;s input as a shareholder and its passion for Wizards of the Coast, and agrees Wizards is a uniquely valuable asset, but it is clear that Alta Fox has some fundamental misunderstandings
          of the underlying business. The Board has evaluated a tax-free spin-off of Wizards of the Coast and concluded that it is unlikely to create value, is contrary to Hasbro&#8217;s strategy, and would negatively impact the benefits Wizards realizes today
          from Hasbro&#8217;s Brand Blueprint on a consolidated basis. As a result, the Board believes pursuing such a transaction would not be in the best long-term interests of all our shareholders.</div>
        <div><br>
        </div>
        <div><br>
        </div>
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        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div style="font-family: Arial;">The Board&#8217;s appointment of Chris Cocks as our new CEO, in recognition of his accomplishments in growing the Wizards division and of the opportunity to grow Wizards further as part of a consolidated Hasbro, is
          evidence that the Board and Alta Fox are aligned with respect to the Wizards as a value driver.&#160; We believe that Hasbro&#8217;s best interests would be served by allowing Chris and his management team to focus all their time on Hasbro&#8217;s future success.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">The Board and management team believe Hasbro is on the right path to deliver sustainable, profitable growth and deliver strong long-term returns to all shareholders by taking its valuable brands and intellectual
          property across all elements of the Brand Blueprint &#8211; consumer products, digital gaming and entertainment &#8211; and creating multiple categories of entertainment with consumers and fans of all ages. The entire Board of Directors is excited to work
          closely with Chris on our shared objective to maximize value for Hasbro&#8217;s shareholders. Chris will share more on his vision in the coming weeks.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Sincerely,</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Rich Stoddart</div>
        <div style="font-family: Arial;">Chairman of the Board of Directors</div>
        <div><br>
        </div>
        <div style="font-family: Arial; font-weight: bold;"><u>Biographies of Elizabeth Hamren and Blake Jorgensen</u></div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Elizabeth Hamren has served as Chief Operating Officer at Discord Inc., a voice, video and text communication service that enables people to gather virtually, including while gaming, since December 2021. Prior to
          joining Discord, Ms. Hamren served as a Corporate Vice President at Microsoft Corporation from March 2017 to December 2021 running product and engineering for Xbox consumer products, including developing and launching the Xbox Series X|S and
          leading Xbox Game Pass. Prior to that, from August 2015 to March 2017, she led Global Marketing and Sales for Oculus at Meta Platforms, Inc. (formerly Facebook, Inc.), where she launched the industry-defining Oculus Rift virtual reality headset.&#160;
          Earlier in her career, from November 2012 to October 2014, Ms. Hamren was Vice President of Marketing at Dropcam, Inc., where she ran marketing, subscriptions, and direct sales, prior to the company being sold to Google/Nest. Ms. Hamren holds a
          BSE in Civil Engineering and Operations Research from Princeton University, and an M.B.A. from Harvard Business School.</div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Blake Jorgensen is Executive Vice President of Special Projects at Electronic Arts Inc. (&#8220;EA&#8221;), which he joined in 2012 as Chief Financial Officer. Mr. Jorgensen has over 20 years of experience in finance across
          various industries with a deep understanding of finance, consumer products, technology and gaming.&#160; Mr. Jorgensen served as Executive Vice President and Chief Financial Officer of EA from September 2012 to March 2022, and as EA&#8217;s Chief Operating
          Officer from April 2018 to October 2021.&#160; Since 2012, he has also managed EA&#8217;s Business Development team which is in charge of all licensing deals in sports and entertainment, as well as the Corporate Development team which is in charge of all
          M&amp;A and partnerships. Prior to joining EA, Mr. Jorgensen served as Executive Vice President and Chief Financial Officer of Levi Strauss &amp; Co. from July 2009 to August 2012 and was Executive Vice President and Chief Financial Officer of
          Yahoo! Inc. from June 2007 to June 2009. Before joining Yahoo! Inc., Mr. Jorgensen also served as the Chief Operating Officer and Co-Director of Investment Banking at Thomas Weisel Partners, which he co-founded in 1998. He has also held financial
          and operational positions at Montgomery Securities, MAC Group/Gemini Consulting and Marakon Associates. Mr. Jorgensen earned his M.B.A. from Harvard Business School and his undergraduate degree from Stanford University.</div>
        <div><br>
        </div>
        <div><br>
        </div>
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        </div>
        <div>&#160;</div>
        <div><br>
        </div>
        <div style="font-family: Arial; font-weight: bold;"><u>Forward-Looking Statements</u></div>
        <div><br>
        </div>
        <div style="font-family: Arial;">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 profitable, 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>
        </div>
        <div style="font-family: Arial; font-weight: bold;"><u>Additional Information and Where to Find it</u></div>
        <div><br>
        </div>
        <div style="font-family: Arial;">Hasbro has filed with the SEC a preliminary 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 (the
          &#8220;2022 Annual Meeting&#8221;). The proxy statement is in preliminary form and Hasbro intends to file and mail a definitive proxy statement to stockholders of Hasbro. This communication is not a substitute for any proxy statement or other document that
          Hasbro has filed or 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 CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR 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: rgb(0, 0, 0);"><u>www.hasbro.com</u></font>.</div>
        <div><br>
        </div>
        <div style="font-family: Arial; font-weight: bold;"><u>Participants</u></div>
        <div><br>
        </div>
        <div style="font-family: Arial;">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
          preliminary proxy statement for the 2022 Annual Meeting, which was filed with the SEC on April 4, 2022, and will be included in Hasbro&#8217;s definitive proxy statement, once available. To the extent holdings of Hasbro securities reported in the proxy
          statement for the 2022 Annual Meeting 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 <u>www.sec.gov</u>.</div>
        <div><br>
        </div>
        <div><br>
        </div>
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        <div> <br>
        </div>
        <div>
          <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.4</font><br>
          </div>
          <div> <br>
          </div>
          <div>
            <div><img width="115" height="115" src="image0.jpg"></div>
            <div style="text-indent: 36pt; margin-left: 495pt; font-family: Arial;">April 4, 2022</div>
            <div><br>
            </div>
            <div><br>
            </div>
            <div style="font-family: Arial;">To our valued shareholders, partners, fans and employees,</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">I&#8217;ve spent the last 90 days since being announced as Hasbro&#8217;s new CEO meeting many of you, sharing in your optimism about this wonderful company and listening to your feedback about where we can unlock
              opportunity. Like so many of you, Hasbro has been a special part of my life since childhood and our brands remain a vital part of my personal passions today. Growing this business, passing the torch to new generations of fans and making our
              brands bigger, better and more profitable than ever drives me every day in service to you, our stakeholders.</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">Hasbro&#8217;s opportunity is tremendous with a portfolio of brands, industry-leading entertainment capabilities and multimedia engagement opportunities second to none. As President of Wizards of the Coast, my team
              and I were able to unlock just some of that potential. We grew the business from approximately $450M in 2015 (the year before I started) to $1.2B by the end of 2021 through a laser focus on the consumer. In 2016, we had a close connection
              with the 5% of our fans who engaged with us on social media and in our high-end tournament system but lacked direct connection to the vast majority of our fandom. So, we invested.</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">We invested in AAA talent to better understand our fans, data analytic systems to analyze at scale, and direct businesses and data sources to feed our growing understanding. We unlocked profound segmentation
              insights and invested over $1B in adding new talent, new initiatives, and new ways to play &#8211; helping us more than double the size of the business and catapult our growth from the low single digits to a three-year CAGR in excess of 30%. And
              that was just the beginning. A multimedia, digital and cross-company Brand Blueprint will continue to power Wizards in the years to come.</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">While we will share the full scope of our ambitions at an Investors Day this Fall, the fundamental gameplan we used at Wizards will be the roadmap we follow for the rest of Hasbro. The <font style="font-weight: bold;"><u>consumer will be the north star</u></font> for everything we do. We will invest in people, systems and culture to guide disciplined, data-based decision making focused on growth, profitability and long-term shareholder return.
              Across entertainment, games and consumer products we will <font style="font-weight: bold;"><u>focus</u></font> on fewer, bigger strategic priorities and <font style="font-weight: bold;"><u>scale</u>,</font> driving sustainable, profitable
              growth across bets with billion-dollar plus revenue potential.</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">As I shared during our February earnings call, three areas will bear special importance to our plans. The first is <font style="font-weight: bold;"><u>Games</u></font>. Make no mistake, Hasbro is a Games
              company. In 2021, Games was a $2.1B business growing at 19% with an operating profit margin of more than 30%. Games are the beating heart of Hasbro and we will invest accordingly. We are category leaders in Trading Card Games, Role Playing
              Games and Board Games with beloved brands ranging from MAGIC: THE GATHERING to DUNGEONS &amp; DRAGONS to MONOPOLY. We will segment our portfolio adding new product offerings to expand our fanbases and will extend the platforms our fans can
              play on with a focus on digital. We will open the possibilities of our biggest and most beloved games thinking about them as &#8220;play systems&#8221; that create communities of user generated and branded content. Our collaborations of MONOPOLY with <font style="font-style: italic;">Fortnite</font> and MAGIC with <font style="font-style: italic;">Lord of the Rings</font> give you a sense for the possible. And we will look to partner and acquire new capabilities to scale further and extend
              our leadership in these lucrative and high-growth gaming categories.</div>
            <div><br>
            </div>
            <div><br>
            </div>
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            </div>
            <div><br>
            </div>
            <div><br>
            </div>
            <div style="font-family: Arial;">The second focus will be <font style="font-weight: bold;"><u>Multigenerational Play &amp; Entertainment</u></font>. Play isn&#8217;t just for kids, it&#8217;s a lifetime pursuit. With a set of globally beloved brands,
              Hasbro&#8217;s most natural strategic adjacency is engaging consumers across a wider range of life stages, from preschool to childhood to early adulthood on up. TRANSFORMERS hints at the possibilities. We engage kids as young as two and three with
              <font style="font-style: italic;">Rescue Bots</font> and our newest streaming series, <font style="font-style: italic;">Transformers Bot Bots</font>, extend into amazing toys and games, and follow consumers through their lives with
              high-ticket collectibles, video games and blockbuster entertainment. This Brand Blueprint strategy has long been a foundation of our Company and something we will pursue with increased focus and scale across high potential brands as diverse
              as PEPPA PIG, MAGIC: THE GATHERING, DUNGEONS &amp; DRAGONS, TRANSFORMERS, NERF, and MONOPOLY. Multigenerational play will be a theme that we also will reinforce with our Partner Brands as we grow the collectability, age ranges, growth
              potential and fan-powered profitability of this strategically key portfolio.</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">Lastly, <font style="font-weight: bold;"><u>Direct</u></font> will be an increasing area of focus. Building a direct relationship with our fans is vital to our ability to enhance our insight, test new business
              models and push the envelope on the variety of products we can offer. Direct will span digital experiences where we can gain behavioral and social graph data and new ways to buy where we can glean purchase and preference insights all built
              atop a common data analytics and identity management backbone. <font style="font-style: italic;">Magic: The Gathering Arena</font>, Secret Lair, our partnership on D&amp;D Beyond and Hasbro Pulse are early successes in the space, and we see
              many new opportunities to grow these assets and expand into new opportunities ahead.</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">We will pursue these opportunities with the values and purpose that have always guided us. Hasbro is a company that believes in long-term investment, consumer-focused brand stewardship, and that doing right for
              the bottom line means also doing right for the world we do business in. Hiring great people, doing business with principle, and empowering our diverse teams with data, a culture of inclusiveness and a growth mindset are keys to success in any
              business, especially one as vibrant and creative as Hasbro.</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">I want to end thanking each and every one of you for your feedback, your passion and your ideas. Being new in this job, your energy and your insights make every day a bright new opportunity for growth,
              innovation, and profit. I look forward to continuing to learn from each of you and sharing more about our plans to focus, scale and grow this amazing business delighting our fans, empowering our employees, serving our communities and driving
              enhanced shareholder return for our investors.</div>
            <div><br>
            </div>
            <div style="font-family: Arial;">Thank You.</div>
            <div><br>
            </div>
            <div><br>
            </div>
            <div style="font-family: Arial;">Chris Cocks</div>
            <div style="font-family: Arial;">CEO, Hasbro</div>
            <div><br>
            </div>
            <div><br>
            </div>
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            </div>
            <div><br>
            </div>
            <div><br>
            </div>
            <div style="font-family: Arial; font-weight: bold;"><u>Forward-Looking Statements</u></div>
            <div><br>
            </div>
            <div style="font-family: Arial;">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 profitable, 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>
            </div>
            <div style="font-family: Arial; font-weight: bold;"><u>Additional Information and Where to Find it</u></div>
            <div><br>
            </div>
            <div style="font-family: Arial;">Hasbro has filed with the SEC a preliminary 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
              (the &#8220;2022 Annual Meeting&#8221;). The proxy statement is in preliminary form and Hasbro intends to file and mail a definitive proxy statement to stockholders of Hasbro. This communication is not a substitute for any proxy statement or other
              document that Hasbro has filed or 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 CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR 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: rgb(0, 0, 0);"><u>www.hasbro.com</u>.</font></div>
            <div><br>
            </div>
            <div style="font-family: Arial; font-weight: bold;"><u>Participants</u></div>
            <div><br>
            </div>
            <div style="font-family: Arial;">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 preliminary proxy statement for the 2022 Annual Meeting, which was filed with the SEC on April 4, 2022, and will be included in Hasbro&#8217;s definitive proxy statement, once available. To the extent holdings of Hasbro securities reported
              in the proxy statement for the 2022 Annual Meeting 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 <u>www.sec.gov</u>.</div>
            <div><br>
            </div>
          </div>
        </div>
      </div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
