Effective January 1, 2019, C. Dean Metropoulos, Chairman of the Board of Directors of Hostess Brands, Inc. transitioned from Executive Chairman to Non-Executive Chairman. As Non-Executive Chairman, he will be entitled to the same compensation as is provided to other non-employee directors from time to time, as well as such additional compensation for his role as Non-Executive Chairman as may be determined by the Company's Board of Directors ("the Board") from time to time. In addition, the Board appointed Craig D. Steeneck as Lead Independent Director effective January 1, 2019, with such additional compensation for his role as Lead Independent Director as may be determined by the Board from time to time.