US Foods Responds to Sachem Head Capital Management's Attempt to Take Over Control of Board of Directors

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Feb 15, 2022

US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), one of the largest foodservice distributors in the United States, today issued the following statement in response to a press release from Sachem Head Capital Management LP (“Sachem Head”), which disclosed its attempt to seek control of the Board of Directors (“Board”) through the nomination of seven directors for election to the Company’s ten-member Board at its 2022 annual meeting.