Hill International, Inc.

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August 17, 2022

Ademi LLP is investigating Hill (NYSE: HIL) for possible breaches of fiduciary duty and other violations of law in its transaction with GISI.

Ademi LLP alleges Hill’s financial outlook and prospects are excellent and yet Hill holders will receive only $2.85 in cash per share. The transaction agreement unreasonably limits competing bids for Hill by imposing a significant penalty if Hill accepts a superior bid. Hill insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Hill’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Hill.