Kraft Heinz

On November 1, 2023, the Company announced that, in connection with certain organizational changes, the position of President, International Markets, which is held by Rafael Oliveira, will be eliminated effective December 31, 2023. Mr. Oliveira will remain with the Company as an Advisor through March 31, 2024. In connection with the elimination of this position and Mr. Oliveira’s involuntary separation from the Company, Mr. Oliveira will be entitled to receive severance payments pursuant to the Company’s Amended and Restated Severance Pay Plan for Salaried Employees.

On August 8, 2023, the Board of Directors (the “Board”) of The Kraft Heinz Company (“Kraft Heinz” or the “Company”) appointed Carlos Abrams-Rivera as President of Kraft Heinz, effective immediately, and as Chief Executive Officer and a member of the Board of Kraft Heinz, effective January 1, 2024. Mr. Abrams-Rivera will take over the Chief Executive Officer role from Miguel Patricio, who has served as the Company’s Chief Executive Officer since 2019 and Chair of the Board since 2022. Mr. Patricio will transition to the role of Non-Executive Chair of the Board on January 1, 2024. Carlos Abrams-Rivera, 56, has served as Executive Vice President and President, North America Zone for Kraft Heinz since December 2021. He is responsible for leading all operations of Kraft Heinz’s largest zone, which is comprised of its U.S. and Canada businesses.

On December 6, 2022, the Human Capital and Compensation Committee (the “Compensation Committee”) and the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”) determined that it was appropriate to approve the following changes to the Company’s benefits plans consistent with the Company’s peers and market practices. Given recent changes in the Company’s stockholder base and consistent with market practices, the Compensation Committee periodically reviews the appropriateness of the Company’s benefits plans.

On November 3, 2022, the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”) elected Diane Gherson as a member of the Board and appointed her to serve on the Compensation Committee, effective as of such date. Ms. Gherson was not selected pursuant to any arrangement or understanding between her and any other persons. There are no transactions between Ms. Gherson and the Company that would be reportable under Item 404(a) of Regulation S-K. Ms. Gherson will be compensated according to the Company’s compensation program for non-employee directors as described in the Company’s proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on March 25, 2022.

On June 29, 2022, João M. Castro-Neves, a member of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), informed the Company of his decision to step down from the Board effective as of July 15, 2022. His decision is based on his other business commitments and is not the result of any disagreement with management or the Board related to the Company’s operations, policies, or practices. The Board is grateful for Mr. Castro-Neves’s dedication and service to the Board and the Company.

On February 15, 2022, Alexandre Behring, Chair of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), informed the Company of his decision to retire from the Board effective at the Company’s 2022 Annual Meeting of Stockholders (“2022 Annual Meeting”). His decision is not the result of any disagreement with management or the Board related to the Company’s operations, policies, or practices. The Board is grateful for Mr. Behring’s dedication to the Company and leadership of the Board. The Board has nominated James Park to stand for election as a director at the 2022 Annual Meeting. Mr. Park currently serves as Vice President and General Manager of Fitbit at Google LLC (“Google”), a subsidiary of Alphabet Inc. He previously served as Chief Executive Officer, President, and Chairman of the board of directors of Fitbit, Inc.

On February 1, 2022, Alexandre Van Damme, a member of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”) and nominee of Berkshire Hathaway Inc. (“Berkshire Hathaway”), informed the Company of his decision to retire from the Board effective at the Company’s 2022 Annual Meeting of Stockholders (“2022 Annual Meeting”). His decision is based on his desire to focus on other business ventures and not the result of any disagreement with management or the Board related to the Company’s operations, policies, or practices. The Board is grateful for Mr. Van Damme’s commitment and service to the Company and the Board. Berkshire Hathaway expects to nominate Alicia Knapp to replace Mr. Van Damme as one of its director nominees for election at the 2022 Annual Meeting. Ms.

On January 21, 2022, The Kraft Heinz Company (the “Company”) announced that Paulo Basilio, Executive Vice President and Global Chief Financial Officer, will be stepping down from his role effective March 1, 2022. Mr. Basilio will remain with the Company as a Special Advisor through August 31, 2022. Andre Maciel, age 47, the Company’s Senior Vice President, U.S. Chief Financial Officer, and Head of Digital Transformation, will succeed Mr. Basilio as the Company’s Executive Vice President and Global Chief Financial Officer effective March 2, 2022. Mr. Maciel has been the Company’s Senior Vice President, U.S. Chief Financial Officer, and Head of Digital Transformation since September 2019. Prior to that role, Mr. Maciel served as Managing Director of Continental Europe from September 2018 to September 2019 and Senior Vice President and U.S.

On March 8, 2021, George Zoghbi, a member of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), informed the Company of his decision not to stand for re-election to the Board at the Company’s 2021 Annual Meeting of Stockholders (“2021 Annual Meeting”). Mr. Zoghbi will continue to serve through the remainder of his term. His decision not to stand for re-election is not the result of any disagreement with management or the Board related to the Company’s operations, policies, or practices. The Board is grateful for Mr. Zoghbi’s commitment and service to the Company and the Board. The Board has nominated Lori Dickerson Fouché and Miguel Patricio, the Company’s Chief Executive Officer, to be elected as directors at the 2021 Annual Meeting. Ms.

On February 25, 2021, Jorge Paulo Lemann, a member of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), informed the Company of his decision to retire from the Board after the end of his term at the Company’s 2021 Annual Meeting of Stockholders (“2021 Annual Meeting”). Mr. Lemann, 81, has decided to reduce his travel commitments and will not seek re-election. He has been on the Board since the Company was formed in July 2015 and previously served on the board of directors of H.J. Heinz Holding Corporation from June 2013 to July 2015. Most importantly, Mr. Lemann continues to be a long-term owner of the Company as a Founding Partner of 3G Capital, the Company’s lead stockholder alongside Berkshire Hathaway. 3G Capital plans to nominate a replacement to stand for election at the 2021 Annual Meeting. Mr.

On October 23, 2020, The Kraft Heinz Company (the “Company”) announced that Nina Barton, Chief Growth Officer, has decided to leave the Company to pursue other career opportunities. Ms. Barton has agreed to continue her employment with the Company until May 31, 2021 in a new role as Strategic Advisor effective November 30, 2020. 1

On March 2, 2020, Feroz Dewan and Jeanne Jackson, each a member of our Board of Directors, informed The Kraft Heinz Company (the “Company”) of their decision not to stand for re-election to the Board of Directors at the Company’s 2020 Annual Meeting of Stockholders (the “2020 Annual Meeting”). Mr. Dewan and Ms. Jackson will continue to serve through the remainder of their current terms. Mr. Dewan’s and Ms. Jackson’s decision not to stand for re-election is not the result of any disagreement with management or the Board of Directors of the Company related to our operations, policies or practices. The Board of Directors is grateful for their dedicated service to the Company. The Board of Directors has nominated Susan Mulder and Elio Leoni Sceti to stand for election at the Company’s 2020 Annual Meeting. Ms.

On January 23, 2020, the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”) elected Timothy Kenesey as a member of the Board and appointed him to serve on the Compensation Committee, effective immediately. Mr. Kenesey was not selected pursuant to any arrangement or understanding between him and any other persons. There are no transactions between Mr. Kenesey and the Company that would be reportable under Item 404(a) of Regulation S-K. Mr. Kenesey is President and Chief Executive Officer of Berkshire Hathaway’s MedPro Group, the nation’s largest healthcare liability insurance company, where he has served since 2001. Mr. Kenesey has also served as the Chairman of Fechheimer Brothers, a Berkshire Hathaway public safety uniform and apparel company, since 2007, and the chairman of other smaller Berkshire Hathaway insurance subsidiaries. Mr.

On January 8, 2020, The Kraft Heinz Company (the “Company”) announced that Carlos Abrams-Rivera, age 52, will join the Company as U.S. Zone President effective February 3, 2020. Mr. Abrams-Rivera will lead all U.S. business operations, the Company’s largest business. Mr. Abrams-Rivera will join the Company after a successful career spanning more than two decades at companies including Campbell Soup Company, Mondelez International and Kraft Foods. Mr. Abrams-Rivera joined Campbell Soup Company in 2015 and most recently served as Executive Vice President and President, Campbell Snacks, a new division that represents nearly 50 percent of Campbell Soup Company’s annual sales. A copy of the Company’s press release announcing Mr. Abrams-Rivera’s appointment is filed as Exhibit 99.1 to this Current Report on Form 8-K.

On January 6, 2020, The Kraft Heinz Company (the “Company”) announced the appointment of Flavio Torres, age 50, as Head of Global Operations. Mr. Torres will lead Global Operations, including Manufacturing, Logistics and Quality. He joins the Company from Anheuser-Busch Inbev SA/NV (“AB InBev”), a multinational drink and brewing holdings company and one of the world’s largest consumer goods companies. Mr. Torres most recently served as Global Operations VP of AB InBev from 2017 to 2019 and as Supply Chain VP at Ambev S.A., a subsidiary of AB InBev, from 2014 to 2016. The Compensation Committee of the Board of Directors approved the terms of Mr. Torres’ new compensation as follows: annual base salary of $455,000 and annual incentive target opportunity of 175% of base salary. Mr.

On September 18, 2019, Tracy Britt Cool announced that she is resigning from the Board of Directors of The Kraft Heinz Company (“Kraft Heinz”) in the first quarter of 2020. With Tracy Britt Cool leaving the Board of Directors, Berkshire Hathaway will nominate a replacement reflecting their ongoing commitment to Kraft Heinz. 1

The Kraft Heinz Company (the “Company”) hereby announces certain organizational changes. First, Miguel Patricio, the Company’s Chief Executive Officer, made the strategic decision to shift a seasoned veteran, Paulo Basilio (44), back into the critical role of global Chief Financial Officer, effective September 1, 2019. In June 2013, Mr. Basilio joined H.J. Heinz Holding Corporation as Chief Financial Officer. Following the closing of the merger of Kraft Foods Group, Inc. with and into a wholly-owned subsidiary of Heinz (which subsequently changed its name to Kraft Heinz Foods Company), Mr. Basilio served as Executive Vice President and Chief Financial Officer until October 2017. In October 2017, Mr. Basilio assumed the role of President of the U.S. Commercial Business. Since July 2019, Mr. Basilio has served as the Company’s Chief Business Planning and Development Officer.

As previously announced on April 17, 2019, The Kraft Heinz Company’s (“Kraft Heinz” or the “Company”) Board of Directors (the “Board”) approved the appointment of Miguel Patricio as Chief Executive Officer of Kraft Heinz. On June 20, 2019, Kraft Heinz decided to accelerate Mr. Patricio’s start date to June 25, 2019 due to the upcoming July 4 th holiday in the United States. As part of various organizational changes approved by the Board, in addition to his role as the global CEO, Mr. Patricio will assume the role of U.S. Zone President on an interim basis, and Paulo Basilio, who currently serves as U.S. Zone President of Kraft Heinz, will assume the new role of Chief Business Planning and Development Officer, effective July 1, 2019.

Retirement of Marcel Herrmann Telles as a Director Further to the Company’s Current Report on Form 8-K filed on February 8, 2019, Marcel Herrmann Telles decided to retire from the Kraft Heinz Board of Directors (the “Board”) effective June 12, 2019. In addition, Daniel S. Schwartz will not stand for election at the 2019 Annual Meeting of Stockholders. Mr. Schwartz’s decision not to stand for election is not the result of any disagreement with management or the Board related to the Company’s operations, policies or practices. It was the Board’s preference to nominate Mr. Castro-Neves (in lieu thereof) due to his extensive experience working in the consumer packaged goods industry. Appointment of Joao M. Castro-Neves as a Director Kraft Heinz announced today that the Board elected Joao M.

On April 22, 2019, the Company announced that Bernardo Hees, the Company's Chief Executive Officer, will leave the Company effective June 30, 2019 to focus on other projects as a Partner of 3G Capital. On April 17, 2019, the Company's Board of Directors appointed Miguel Patricio, age 52, as Chief Executive Officer, effective July 1, 2019. Mr. Patricio has been Chief of Special Global Projects-Marketing at Anheuser-Busch Inbev SA/NV, a multinational drink and brewing holdings company and one of the world’s largest consumer goods companies, since January 1, 2019. Prior to that, he served as the Chief Marketing Officer at Anheuser-Busch Inbev SA/NV since 2012.

Effective April 15, 2019, The Kraft Heinz Company (the "Company") reorganized its operations function to have certain operational functions report through various individuals, including Zone Presidents. As a result, Joao Araujo, who has served as the Company's Head of Global Operations until the reorganization, became the Company's Head of U.S. Operations and assumed responsibility for the operations function for the Company's U.S. Zone. 2

On February 6, 2019, Mr. Marcel Herrmann Telles informed Kraft Heinz that he will not stand for re-election as a director at our 2019 Annual Meeting of Stockholders due to time constraints from other commitments. His term of office as a director will expire at our 2019 Annual Meeting of Stockholders. Mr. Telles's decision not to stand for re-election is not the result of any disagreement with management or the Board of Directors (the "Board") of Kraft Heinz related to our operations, policies, or practices. Kraft Heinz also announced today that the Board intends to keep the same number of directors and to nominate Daniel S. Schwartz to stand for election at the 2019 Annual Meeting of Stockholders. Mr. Schwartz was appointed Executive Chairman of Restaurant Brands International Inc. (“RBI”) on January 23, 2019. Prior to that, Mr.

On January 4, 2019, the Company announced that Nina Barton was appointed Zone President of Canada and President of Digital Growth, effective January 1, 2019. In connection with Ms. Barton's appointment on January 1, 2019, Carlos Piani, the Company’s former Zone President of Canada, transitioned to Head of M&A and Strategic Projects. 2

On November 2, 2018, the Company announced the appointment of Joao Araujo as Head of Global Operations, effective January 1, 2019. Mr. Araujo, age 46, joined Kraft Heinz in January 2014 and has served as Head of Operations for the Company’s EMEA segment since December 2017. Previously, Mr. Araujo served as Vice President of Operations for Kraft Heinz’s Europe segment (from August 2015 through December 2017) and as Vice President of Operations for our APAC segment (from January 2014 through August 2015). Prior to joining Kraft Heinz, Mr. Araujo was Executive Partner, Business Development & Consulting at the Instituto de Logistica e Supply Chain, a supply chain management company. There were no material changes to Mr. Araujo’s compensation arrangements relating to this appointment, and he was not selected pursuant to any arrangement or understanding between him and any other person. Mr.

On June 5, 2018, Christopher Skinger, the Company’s principal accounting officer, decided to depart the Company for personal reasons to pursue a new career opportunity outside of Chicago. Vince Garlati will succeed Mr. Skinger as the Company’s principal accounting officer and Global Controller effective June 18, 2018. Mr. Garlati, age 42, has been our U.S. Controller since joining the Company in July 2016, assuming responsibility for North American accounting services in October 2017. Before joining Kraft Heinz, he served as Vice President and Controller, Television & Entertainment at Tribune Media Company, a diversified media and entertainment business, since December 2013. Prior to that, Mr. Garlati served as Director, Treasury at Tribune Media Company from November 2008 to December 2013. There were no material changes to Mr.

The Kraft Heinz Company (“Kraft Heinz”) announced today that Warren Buffett has informed Kraft Heinz that he has decided to retire from the Kraft Heinz Board of Directors (the “Board”) at Kraft Heinz’s 2018 Annual Meeting of Stockholders, which is the end of his current term. Mr. Buffett’s decision not to stand for re-election is not the result of any disagreement with management or the Board related to our operations, policies or practices . Kraft Heinz also announced that the Board expects to nominate Alexandre Van Damme as a member of the Board for election at Kraft Heinz’s 2018 Annual Meeting. A copy of the press release announcing Mr. Buffett’s retirement and Mr. Van Damme’s nomination is attached hereto as Exhibit 99.1.

On January 30, 2018, Mackey McDonald informed the Company that he has decided not to stand for reelection to the Board of Directors at the Company’s 2018 Annual Meeting of Stockholders (the “2018 Annual Meeting”). Mr. McDonald will continue to serve through the remainder of his current term. Mr. McDonald’s decision not to stand for re-election is not the result of any disagreement with management or the Board of Directors of Kraft Heinz related to our operations, policies or practices. The Board intends on keeping the same number of directors and will nominate George Zoghbi to stand for election at the 2018 Annual Meeting. Mr. Zoghbi served as the Chief Operating Officer of the U.S. Commercial business from the closing of the 2015 merger of Kraft Foods and H.J. Heinz Company until October 2017 when he transitioned to Strategic Advisor, a role he will continue to hold. Mr.

On November 22, 2017, Kraft Heinz announced that effective December 30, 2017, Rodrigo Wickbold will assume the role of Zone President of our Asia Pacific (“APAC”) business, replacing Marcos Romaneiro who will be leaving the Company for personal reasons. In order to support a smooth transition, Mr. Romaneiro has agreed to serve as a special consultant to the Company until July 2018. 1

As previously announced, effective October 1, 2017, David Knopf was appointed as Executive Vice President and Chief Financial Officer and Paulo Basilio was appointed as Zone President of the United States business. On October 26, 2017, in connection with these appointments, the Compensation Committee of the Board approved the terms of Mr. Knopf’s new compensation as follows: annual base salary of $500,000 and annual incentive target opportunity of 175% of base salary. The Committee also approved the following terms for Mr. Basilio’s compensation: annual base salary of $750,000 and annual incentive target opportunity of 250% of base salary.

On September 8, 2017, Kraft Heinz announced certain management changes, all to be effective October 1, 2017, including the appointment of (a) Paulo Basilio, 42, currently Executive Vice President and Chief Financial Officer, as Zone President of the United States business, and (b) David Knopf, 29, currently Vice President and Category Head of the Planters business, as Executive Vice President and Chief Financial Officer. George Zoghbi, currently Chief Operating Officer of the U.S. business, will transition to a Strategic Advisor role going forward working with the Kraft Heinz Board of Directors, our CEO and Mr. Basilio. Mr. Zoghbi will remain a full time employee. Mr. Basilio joined H.J. Heinz Company in June 2013 as Chief Financial Officer. In his new role, he will be responsible for all facets of our U.S. business. Mr.

On October 21, 2016, the Board of Directors of The Kraft Heinz Company (the “Company”) appointed Feroz Dewan to serve on the Company’s Board of Directors, effective immediately. Mr. Dewan was not selected pursuant to any arrangement or understanding between him and any other person. There are no transactions between Mr. Dewan and the Company that would be reportable under Item 404(a) of Regulation S-K. Mr. Dewan was elected to serve as a member of the Audit Committee. Mr. Dewan will receive the same compensation as our other non-employee directors. The compensation program is described in our Proxy Statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on March 3, 2016. In connection with his appointment to the Board, Mr.

On February 11, 2016, Mr. Kevin Cox informed Kraft Heinz that he will not stand for re-election as a director at our 2016 Annual Meeting of Stockholders due to time constraints from other commitments. His term of office as a director will expire at our 2016 Annual Meeting. Mr. Cox’s decision not to stand for re-election is not the result of any disagreement with management or the Board of Directors of Kraft Heinz related to our operations, policies or practices.