New Appointment To Board Of Directors

Enderson Guimaraes is appointed to the Board of Directors and as a member of the Audit Committee. Mr. Guimaraes joins the Board as an independent director, and his appointment is effective immediately. The appointment of Mr. Guimaraes will expand the total number of directors to ten.

Mr. Guimaraes previously held various positions within the beverage, semi-durables and education industries. His most recent roles were President and COO of Laureate Education Inc, President of PepsiCo Global Operations, CEO PepsiCo Europe and Sub-Sahara Africa, and CEO of Electrolux EMEA. He was member of the Executive Committees of Electrolux, PepsiCo and Laureate. Mr. Guimaraes is currently an independent board member of AutoZone, Inc. and Refresco Group B.V.

"We are excited to add Enderson Guimaraes to our Board. He brings an incredible resume and a robust skill set. His global experience base will help support our world growth strategy," said Randall C. Stuewe, Chairman and CEO.