On August 6, 2018, Ms. Kathleen M. Evans submitted her resignation as a Director and President of AMCON Distributing Company, which resignation will be effective October 12, 2018. Ms. Evans' retirement is not the result of any disagreement with AMCON on any matter relating to its operations, policies or practices. It is anticipated that, for up to three years after the effectiveness of her resignation, Ms. Evans will continue to be available on a consulting basis to assist AMCON and its subsidiaries with the smooth transition of her responsibilities to others and with special projects, although the terms of such continued service have not yet been finalized. On August 6, 2018, AMCON's Board of Directors appointed Andrew C. Plummer as a Class III member of the Board of Directors, effective October 12, 2018, to serve in that capacity for a term expiring at the annual meeting of stockholders following AMCON's 2020 fiscal year and until his successor is duly elected and qualified or until his earlier resignation or removal. On August 6, 2018, AMCON's Board of Directors also appointed Mr. Plummer to serve as President and Chief Operating Officer of AMCON, in addition to the position he presently holds as AMCON's Chief Financial Officer. There is no arrangement or understanding between Mr. Plummer and any other person pursuant to which he was selected as a director or officer. Andrew C. Plummer has served as AMCON's Chief Financial Officer and Secretary since January 2007. From 2004 to 2007, Mr. Plummer served AMCON in various roles including Acting Chief Financial Officer, Corporate Controller, and Manager of SEC Compliance. Prior to joining AMCON in 2004, Mr. Plummer practiced public accounting, primarily with the accounting firm Deloitte and Touche, LLP (now Deloitte). The conclusion that Mr. Plummer should serve on AMCON's Board of Directors is founded on his experience in operations and financial matters, as well as his lengthy service in the distribution industry.