On May 26, 2023, KKR Fresh Holdings L.P. (the “ Selling Stockholder”) converted an aggregate of 371,044 shares of the Series A Convertible Preferred Stock, par value $0.01 per share (the “ Series A Preferred Stock”), of US Foods Holding Corp. (the “ Company”) for an aggregate of 17,443,727 shares of the Company's common stock, par value $0.01 per share (the “ Common Stock”). On May 26, 2023, prior to the consummation of the Offering described below, Nathaniel H. Taylor resigned from the Board of Directors of the Company (the “ Board”).

Mr. Taylor's decision to resign was not because of any disagreement with the Company. Mr. Taylor was designated by the Selling Stockholder to serve on the Board pursuant to that certain Investment Agreement, dated as of April 21, 2020 (the “ Investment Agreement”), by and between the Company and KKR Fresh Aggregator L.P.