Kohl’sOn Thursday, the company sent shareholders a response to Macellum’s activist investor campaign. to add new directors to the retailer’s board.

The letter comes before Kohl’s shareholders annual meeting in May. It calls Macellum nominees “unqualified slate.”

Kohl’s stated that Macellum promotes a changing narrative, uninformed claims and value-destructive propositions, which all reveal a reckless approach to short-term results.

CNBC reached out to Macellum for clarification but a representative didn’t respond immediately.

Premarket trading saw little change in Kohl’s shares.

You can find the complete letter that Kohl sent to shareholders here.

This is a developing story. Stay tuned for new updates.