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Nellson Nutraceutical, LLC Appoints Jamie Better as Chief Executive Officer

April 2016

Nellson Nutraceutical, the leading full-service nutrition bar and powder provider in North America, announced today that Jamie Better has been named the company’s Chief Executive Officer. Better, who has been Chairman of the Board of Directors since 2014, brings to Nellson an extensive track record of senior leadership experience across industries, and is an Operating Partner of Kohlberg & Company, Nellson’s majority shareholder. Better stated, “I look forward to leading Nellson through its continued evolution while supporting its customers through new product and market expansion efforts.”

Better assumes this role from Scott Greenwood, Nellson’s current Chief Executive Officer, who will remain in an advisory capacity to the Company. Under Greenwood’s leadership, Nellson completed two transformative acquisitions and achieved significant growth, positioning the Company as North America’s leading third-party manufacturer and full service provider of high quality nutrition bars, nutritional-powders and healthy snacks. Having substantially completed his objective to transform Nellson, Scott is now pursuing other opportunities. Greenwood commented, “I am proud of the accomplishments we have achieved together at Nellson under Kohlberg’s ownership. Jamie’s distinguished track record, together with his strong professional and personal values, make him an outstanding successor to lead Nellson into the future. I wish Jamie and the people of Nellson much continued success in the years to come.”

Seth H. Hollander, Partner of Kohlberg, commented, “On behalf of the Board of Directors of Nellson, I wish to sincerely thank Scott for his distinguished service to the company. Scott was instrumental in building a foundation for sustained growth at Nellson.” Hollander continued, “As Chairman, Jamie has been the architect of several of Nellson’s recent transformational initiatives. As a result of his leadership, Nellson has strengthened its core capabilities and is well-positioned for continued excellence in customer service as well as growth execution.”