Universal Corporation on December 6, 2023, the Executive Committee of the Board of Directors of the company named Preston D. Wigner, age 55, as Senior Vice President of the Company effective April 1, 2024. At that time, Mr. Wigner will leave his current position of Vice President, General Counsel and Secretary, having served as Vice President since August 2007 and General Counsel and Secretary since November 2005. He has been employed with the Company since March 2003.

In his new position, Mr. Wigner will be dedicated to an executive management role with the Company, and he will be responsible for various management projects and engagements. Mr. Wigner?s compensation as the Company?s Senior Vice President will be determined and approved by the Company?s Compensation Committee at a later date.