Florida Food Products Names Kevin Neat

Chief Financial Officer

Seasoned Finance Executive Brings Extensive Business Leadership Experience to FFP

Lake Mary, FL—May 5, 2023—Florida Food Products, LLC (“FFP” or the “Company”), one of the world’s largest independent providers of natural ingredients, today announced that Kevin Neat, former Chief Financial Officer of Johnson & Johnson’s (“J&J”) North American Consumer Health business (now publicly listed as Kenvue), has joined the Company as Chief Financial Officer. Mr. Neat will be a part of FFP’s executive leadership team and is responsible for overseeing all aspects of FFP’s financial and IT functions.

Mr. Neat boasts more than two decades of international experience leading high performance finance teams at companies across the consumer packaged goods, healthcare, aerospace, and chemical manufacturing industries. He has successfully managed large organizations, collaborated in the development and implementation of effective business growth strategies, and developed and delivered profitability improvement initiatives. Most recently, as Chief Financial Officer of J&J’s $8 billion North American Consumer Health business, Mr. Neat oversaw the business responsible for some of the world’s best-known brands, including Band-Aid, Tylenol, and Neutrogena, among others.

“We are thrilled to welcome Kevin – well-recognized for his track record in developing and leading best-in-class finance organizations – to FFP as we continue to strengthen our leadership team,” said Jim Holdrieth, Chief Executive Officer of FFP. “Over the past eighteen months we have successfully and strategically scaled our business, completing four strategic acquisitions, and are confident that Kevin’s decades of experience will be invaluable as we continue to grow FFP.”

Mr. Neat added, “I am pleased to join FFP as we scale, diversify, and accelerate our growth. I look forward to working with the talented FFP team to help the Company continue on its successful path by providing natural, healthy, high-quality ingredients to leading consumer brands, manufacturers, and food service distributors.”

Mr. Neat has spent most of his career in progressively senior global finance leadership positions at J&J, including the medical devices and supply chain divisions. He also served in senior financial leadership roles at McNeil Nutritionals, the producer of SPLENDA sweeteners, VIACTIV Dietary Supplements, and LACTAID branded products, Janssen Pharmaceuticals, Cordis Corporation, B/E Aerospace, and International Paper. Mr. Neat earned a bachelor’s degree in business administration finance and an M.B.A. from Stetson University.

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About FFP

Founded in 1954, Florida Food Products is one of the world’s largest, independent provider of natural ingredients. FFP formulates and produces innovative clean label fruit, vegetable, and botanical based ingredients serving the food, beverage, and health end markets. The Company’s products offer compelling alternatives to chemically derived ingredients and can enhance such things as taste, texture, shelf life, moisture, and color. The Company operates facilitates across the country and partners with some of the most respected consumer brands, manufacturers, and food service providers. For additional information, please visit Florida Food Products’ website.

www.floridafood.com.