SAN RAFAEL (dpa-AFX) - Autodesk, Inc. (ADSK), Monday responded to the
activist investor's allegations and said it is open for dialogue with
shareholders, and would welcome inputs on business, including from Starboard
Value LP.

The company declined Starboard's request to re-open a notice period stating that
it would not be in the best interests of Autodesk or its shareholders.

Autodesk plans to hold the annual meeting as scheduled on July 16, 2024.

In a letter, Starboard had alleged that the design-software company's board
members 'manipulated the corporate machinery and perpetuated an entrenchment
scheme by failing to disclose material malfeasance regarding the company's
accounting and disclosure practices.'

Currently, Autodesk's stock is climbing 5.64 percent, to $238.62 over the
previous close of $225.87 on the Nasdaq.



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