Around the Table – News
2018/04/06

Maple Leaf Foods Announces New Nominees to Stand for Election to the Board

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MISSISSAUGA, ON, April 6, 2018 /CNW/ - Maple Leaf Foods (MFI: TSX) today announced that Dr. Katherine N. Lemon, Ph.D., and Mr. Jonathan W.F. McCain have been nominated to join the board of directors and will stand for election at the Annual Meeting, increasing the board size to 11 directors. Dr. Lemon has been nominated as an independent director and Mr. McCain has been nominated as a non-independent director pursuant to the terms of the governance agreement with McCain Capital Inc., which holds 37.1% of the Company's shares.

Maple Leaf Foods Inc. (CNW Group/Maple Leaf Foods Inc.)

"I am pleased that Dr. Lemon and Mr. McCain have accepted nomination to the board as they bring unique insights and perspectives that will contribute greatly to the board's ongoing deliberations and governance," said David Emerson, Chairman.

Dr. Lemon is the Accenture Professor at Boston College, Carroll School of Management. Dr. Lemon's award-winning work in marketing science, especially focused on consumer goods and services, has been implemented in organizations worldwide. She is a globally recognized expert in understanding consumer experience and loyalty. Dr. Lemon has served on the faculty of Harvard Business School, Duke University and the University of Groningen in The Netherlands. She holds a Ph.D. from University of California, Berkeley.

Mr. McCain is the President of Andover Capital Corporation, a privately held investment and holding company, which has investments in small to mid-market companies including a leading Canadian construction equipment provider. Previously, he worked as a management consultant with The Boston Consulting Group. He is a director of McCain Capital Inc., and an investment committee member and director of McCain Capital Partners. Mr. McCain graduated from the Richard Ivey School of Business at the University of Western Ontario with an Honours in Business Administration degree.

Shareholders will vote for the election of directors at the upcoming shareholders meeting. For further information, shareholders are encouraged to read the 2018 Management Proxy Circular which is available on SEDAR and under the Investors section at www.mapleleaffoods.com.

About Maple Leaf Foods
Maple Leaf Foods Inc. is a leading consumer protein company, making high quality, innovative products under national brands including Maple Leaf®, Maple Leaf Prime®, Maple Leaf Natural Selections®, Schneiders®, Schneiders® Country Naturals®, Mina®, Lightlife™ and Field Roast Grain Meat Co.™. The Company employs approximately 11,500 people and does business in Canada, the U.S. and Asia. The Company is headquartered in Mississauga, Ontario and its shares trade on the Toronto Stock Exchange (MFI).

SOURCE Maple Leaf Foods Inc.

Scott Bonikowsky, 905-285-1515

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