Universal Corporation Appoints Arthur J. Schick, Jr. to Board of Directors

Global Consumer Products Executive Brings Over Four Decades of Beverage and Ingredients Experience to Universal

RICHMOND, Va., Feb. 1, 2023 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced the appointment of Arthur J. Schick, Jr., retired Vice President of Proprietary Flavors within the Beverage Concentrate Division of PepsiCo, Inc., to the Company's Board of Directors. Mr. Schick's appointment is effective April 1, 2023, at which time the Board will expand to nine directors, eight of whom are independent.