BACARDI LIMITED

After a brief period as interim Chief Executive Officer, MIKE DOLAN has agreed to become the company’s permanent CEO. In addition, DMITRY IVANOV has been promoted to Chief Marketing Officer of Bacardí and President of Bacardi Global Brands. He will be responsible for the global marketing organization including brand equity, architecture, positioning, advertising, packaging, and strategic direction on innovation. Ivanov also serve as a member of the Bacardí Global Leadership Team.