McCormick USA Appoints New President and CEO

Duluth GA. (May 31 2012) McCormick USA appoints new President and CEO.

Tiago Bonomo has been appointed President and CEO of McCormick USA.

Tiago began his career in Argo Group serving as Controller for the Group Branches. In 2008, he
was appointed President and CEO of McCormick Mexico. In 2010, Tiago increased his
responsibilities by overseeing the management of all Argo Group operations in Latin America.
Under Tiago’s leadership, Argo Tractors achieved a remarkable increase in sales in the past
two years.

“I’m honored with this position and I am looking forward to improving our business in the United
States. Argo Group is among the best agricultural tractor manufacturers in the world. We
definitely have a good product. I strongly believe and the results elsewhere in the world show
that aligning our commercial strategy with our product characteristics can lead us to consolidate
our space in the marketplace. We, as Argo Group, definitely want to improve and consolidate
our presence in the United States. I’m happy and confident to lead McCormick USA. We will
be focusing our operation on our products and distribution channels.”

About McCormick USA, Inc.
McCormick International USA, Inc. is a division of ARGO Tractors S.p.A., a company owned by
the Morra family in Italy, manufacturing a full line of tractors ranging from 22 to 213 HP, built on
more than 180 years of heritage. For more information, visit www.McCormickUSA.com.

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MCCORMICK and the MCCORMICK LOGO are registered trademarks of McCormick
International USA, Inc. in the U.S. and/or other countries.

SOURCE: McCormick USA, Inc.