On December 11, 2023, Aramark announced that Thomas Ondrof, Chief Financial Officer, plans to retire from his current position on January 12, 2024. James Tarangelo, Aramark?s Senior Vice President Finance & Treasurer, has been appointed to succeed Ondrof as Chief Financial Officer, effective January 13, 2024. In his current role, Tarangelo, age 50, a 20-year veteran of Aramark, currently leads the Company?s operations relating to global treasury and capital markets, financial planning and analysis, mergers and acquisitions, and tax.

His accomplished career at the Company spans from operations finance to international finance, which included overseeing the finance organizations for South America and Emerging Markets, and ultimately serving as CFO, Aramark International. Before joining Aramark, Tarangelo was at PricewaterhouseCoopers and Legg Mason within investment banking. He holds a bachelor?s degree in business and economics from Lafayette College and an MBA from The Wharton School of the University of Pennsylvania, and an undergraduate degree in business and economics at Lafayette College.

Other than the Employment Agreement (as defined and described below), there are no other arrangements or understandings between Mr. Tarangelo and any other persons pursuant to which he was appointed to the office described above, there is no family relationship between Mr. Tarangelo and any of the Company?s directors or executive officers, and Mr. Tarangelo does not have any direct or indirect interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.