The Board of Directors of FedEx Corporation elected Rajesh Subramaniam, President and Chief Operating Officer of the Company, as a director, effective immediately. The Board does not expect to appoint Mr. Subramaniam as a member of any of its committees. Mr. Subramaniam was elected for a term expiring at the annual meeting of stockholders to be held in September 2020, at which time his continued Board service will be subject to renomination and stockholder approval. With the election of Mr. Subramaniam, the size of the Board of Directors is now 13 members. Prior to assuming his role as president and chief operating officer of FedEx Corp., Mr. Subramaniam was president and chief executive officer of FedEx Express. He also served as executive vice president and chief marketing and communications officer for FedEx Corp., overseeing all aspects of the company’s global marketing and communications, including advertising, brand and reputation, product and business development, e-commerce, retail marketing, and digital access. His portfolio also included oversight of global customer experience, revenue management, corporate strategy, and innovation.