Flowers Foods, Inc. announced that On March 6, 2023, George E. Deese notified the board of directors the company that George will retire from his role as chairman of the Board, effective as of the Company's 2023 annual meeting of shareholders (the 2023 Annual Meeting). Mr. Deese will continue to serve as a member of the Board after the 2023 Annual Meeting. In connection with Mr. Deese's retirement from the chairman role, the Board elected A. Ryals McMullian, president and chief executive officer and a director of the Company, as the next chairman of the Board, effective immediately following the 2023 Annual Meeting.

Additionally, on March 6, 2023, Benjamin H. Griswold, IV notified the Board that he will retire from the Board, effective as of the 2023 Annual Meeting. Mr. Griswold has served as a director since 2005 and currently serves as the Board's presiding director, chair of the Board's nominating/corporate governance committee, and a member of the Board's compensation and human capital committee. In connection with Mr. Griswold's retirement, the Board elected Thomas C. Chubb, III to serve as presiding director and chair of the nominating/corporate governance committee, effective immediately following the 2023 Annual Meeting.

Following Mr. Griswold's retirement, the size of the Board will decrease to 11 members.