EX-99 2 p16-1712exhibit_1.htm EXHIBIT 1

Exhibit 1

 

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including additional amendments thereto) with respect to the shares of common stock, par value $1.00 per share, of Stewart Information Services Corporation. This Joint Filing Agreement shall be filed as an Exhibit to such Statement.

Dated:  August 12, 2016

STARBOARD VALUE AND OPPORTUNITY MASTER FUND LTD

By: Starboard Value LP,

      its investment manager

 

STARBOARD VALUE AND OPPORTUNITY S LLC

By: Starboard Value LP,

      its manager

 

STARBOARD VALUE AND OPPORTUNITY C LP

By: Starboard Value R LP,

      its general partner

 

STARBOARD VALUE R LP

By: Starboard Value R GP LLC,

      its general partner

 

STARBOARD VALUE LP

By: Starboard Value GP LLC,

      its general partner

 

 

 

STARBOARD VALUE GP LLC

By: Starboard Principal Co LP,

      its member

 

STARBOARD PRINCIPAL CO LP

By: Starboard Principal Co GP LLC,

      its general partner

 

STARBOARD PRINCIPAL CO GP LLC

  

STARBOARD VALUE R GP LLC

 

 

 

 

  By: /s/ Jeffrey C. Smith  
    Name:  Jeffrey C. Smith  
    Title:    Authorized Signatory  

 

 

/s/ Jeffrey C. Smith    
JEFFREY C. SMITH    
Individually and as attorney-in-fact for Mark R. Mitchell and Peter A. Feld.