This initiative will be part of an expanded Project K program. After a transition period, the company expects this initiative to contribute to accelerating its top-line growth over time, and to bring U.S. Snacks' operating profit margin in line with that of Kellogg North America. Forward-Looking Statements Disclosure This communication contains forward-looking statements about Kellogg Company's (the "Company's") exit from its Direct Store Delivery (DSD) network and projections concerning, the Company's sales and operating profit margin. Forward-looking statements include predictions of future results or activities and may contain the words "expects," "believes," "should," "will," "anticipates," "projects," "estimates," "implies," "can," or words or phrases of similar meaning. These statements are made on the basis of the Company's views and assumptions as of this time and the Company undertakes no obligation to update these statements unless required by law.