On January 9, 2024, the Board of Directors of Starbucks Corporation increased the number of directors of the company from eight to 11 and appointed Neal Mohan, Daniel Javier Servitje Montull, and Michael Sievertto serve as directors on the Board, effective immediately. Mr. Servitje was appointed to serve on the Company?s Environmental, Partner, and Community Impact Committee. The Board expects to appoint Mr. Mohan and Mr. Sievert to one or more committees at a later date.

Servitje has served as CEO of Grupo Bimbo since 1997 and as Chairman since 2013. He brings more than 20 years of global operations experience and insight into corporate business development. The global leader in the baking industry and an important player in snacks, Grupo Bimbo drives annual sales of $22.3 billion with over 217 plants and more than 148,000 associates across 34 countries throughout the world.

Grupo Bimbo?s 100 plus brands include Bimbo, Sara Lee, Entenmann?s, Thomas? English muffins, and Takis tortilla chips. Mohan is the CEO of YouTube.

Before his appointment as CEO, Neal served as the company?s Chief Product Officer, responsible for all YouTube products, user experience and trust and safety, and was previously Senior Vice President of Display and Video Ads at Google. Before joining Google, Neal was Senior Vice President of Strategy and Product Development at DoubleClick where he built the company's strategic plan, rapidly grew the business, and spearheaded its sale and integration into Google. YouTube is used by over two billion people across the globe to watch and share video, access information, build community, and shape culture.

Mohan is a director on the board of 23andMe and previously served on the board at Stitch Fix. Sievert has been CEO, President and Director of T-Mobile US Inc. since 2020. Under his leadership, T-Mobile has embarked on an expansive, multiyear growth strategy that builds on its longstanding leadership in value and customer experience while rapidly building the nation?s leading 5G network for its more than 117 million subscribers and more than 70,000 employees ?

operating a best-in-class retail experience and driving annual revenues exceeding $80 billion. Sievert served as director of Shaw Communications from 2018 to 2023. He has also served on the boards of Rogers Wireless Communications in Canada, Switch & Data Corporation, and a number of technology start-ups.

Servitje, Mohan and Sievert join eight other members of the Starbucks Board of Directors: Mellody Hobson, Richard Allison, Andy Campion, Beth Ford, Jørgen Vig Knudstorp, Satya Nadella, Wei Zhang and Laxman Narasimhan.