November 21, 2019

David Nagle is the Senior Vice President of Supply Chain of T. Marzetti Company at Lancaster Colony.

David A. Ciesinski is President, Chief Executive Officer, Director of the Company. He has served as President of the Corporation since April 2016 and as Chief Executive Officer since July 2017. Mr. Ciesinski previously served as President of the Meal Solutions Division at Kraft Foods Group, Inc., and as its Executive Vice President and President of Meals & Desserts from 2014 to 2015, in which capacity he was responsible for leading Kraft’s grocery business. Between 2013 and 2014, Mr. Ciesinski served as Chief Commercial Officer and Executive Vice President of Forever, Inc., a cloud based storage company, in which capacity he was responsible for leading the sales, marketing, business development and operations functions. From 2012 to 2013, Mr. Ciesinski served as the Vice President of Global Business Development at H.J. Heinz Company, in which capacity he was responsible for leading the corporate business development activities of H.J. Heinz Company. Between 2011 and 2012, Mr. Ciesinski served as Group Vice President and Chief Marketing Officer of the U.S. Retail Division at H.J. Heinz Company, in which capacity he was responsible for leading Heinz’s marketing and demand generation functions of their U.S. consumer products business. Between 2003 and 2011, Mr. Ciesinski served in various other leadership roles at H.J. Heinz Company, including those in marketing and strategic planning functions. Prior to joining H.J. Heinz Company, Mr. Ciesinski was a consultant with Ernst & Young LLP. As a veteran of the packaged foods industry with a broad base of executive leadership positions, Mr. Ciesinski’s past experience provides a strong background to draw from in his role as the Corporation’s President and Chief Executive Officer.

The estimated Net Worth of Timothy A. Tate is at least $718 Thousand dollars as of 26 August 2019. Timothy Tate owns over 1,815 units of Lancaster Colony stock worth over $586,775 and over the last 2 years he sold LANC stock worth over $131,479. In addition, he makes $0 as Senior Vice President at Lancaster Colony.

Zuheir Sofia is an Independent Director of Lancaster Colony Corporation. Sofia currently serves as Chairman, President and Chief Executive Officer of Business Bank of Florida, Corp., a bank holding company, and as Director of Florida Business Bank, a community bank, and has held those positions since April 2007. He also currently serves as Chairman of Sofia & Company, Inc., a financial advisory firm, and has held that position since 1998. Mr. Sofia served as President, Chief Operating Officer, Director and Treasurer of Huntington Bancshares Incorporated, a bank holding company, from 1984 to 1998 and also served as Chairman of the Board of Trustees at The Ohio State University. Mr. Sofia’s extensive leadership experience with Huntington, Sofia & Company and Business Bank of Florida, Corp. has allowed him to bring to the Board his demonstrated management ability at the executive level. Mr. Sofia has significant experience in mergers and acquisitions, treasury, capital markets and asset/liability management. Mr. Sofia’s attributes also include financial, strategic planning, risk management and operational expertise. The depth and knowledge of Mr. Sofia’s current and past service as a director of several public and private companies and as chairman and board member of several non-profit organizations provides an invaluable expertise and insight to the Board.

The estimated Net Worth of Anthony R Page is at least $551 Thousand dollars as of 30 March 2009. Anthony Page owns over 12,500 units of Capstead Mortgage stock worth over $551,111 and over the last 13 years Anthony sold CMO stock worth over $0.

The estimated Net Worth of Paul M Low is at least $561 Thousand dollars as of 1 May 2013. Paul Low owns over 1,500 units of Capstead Mortgage stock worth over $161,556 and over the last 16 years Paul sold CMO stock worth over $399,545.

The estimated Net Worth of Amar R Patel is at least $2.99 Million dollars as of 1 April 2018. Amar Patel owns over 10,471 units of Capstead Mortgage stock worth over $2,990,802 and over the last 16 years Amar sold CMO stock worth over $0.

The estimated Net Worth of Andrew F Jacobs is at least $4.23 Million dollars as of 28 August 2012. Andrew Jacobs owns over 62,500 units of Capstead Mortgage stock worth over $4,225,138 and over the last 16 years Andrew sold CMO stock worth over $0.

The estimated Net Worth of Mike Brown is at least $1.86 Million dollars as of 19 March 2013. Mike Brown owns over 73,615 units of Capstead Mortgage stock worth over $916,314 and over the last 16 years Mike sold CMO stock worth over $946,689.

The estimated Net Worth of Mark S Whiting is at least $392 Thousand dollars as of 10 August 2011. Mr. Whiting owns over 15,000 units of Capstead Mortgage stock worth over $249,153 and over the last 14 years he sold CMO stock worth over $0. In addition, he makes $143,004 as Independent Director at Capstead Mortgage.