Board Changes at Salada Foods

Salada Foods Jamaica Limited (SALF) has advised that Mr. John Bell has resigned as Director, Chairman of the Board of SALF and Chairman of the Corporate Governance Committee of SALF effective March 5, 2015. Mr. Patrick Williams was appointed Chairman of the Board of Directors of SALF effective March 5, 2015 and Miss Kathryn Lewis replaced Mr. John Bell as Chairperson of the Corporate Governance Committee of SALF on March 19, 2015. SALF has also advised that Mr. Jeffrey Cobham resigned as a Director and Chairman of the Audit Committee of SALF effective March 5, 2015. SALF advised that the Mr. Cobham`s resignation from the Audit Committee is not due to any disagreement in respect of accounting principles or practices, financial statement or any other material issue impacting the Audit Committee or his inability to properly carry out the functions delegated by the board. Mr. Aubyn Hill replaced Mr. Cobham as Chairman of the Audit Committee of SALF at a meeting held on March 19, 2015.