Rocky Mountain Chocolate Manufacturing facility Elects Jeffrey Geygan Chairman of the Board

Former President Elisabeth Charles will stay on the Board of Administrators till the annual assembly

DURANGO, CO /ACCESSWIRE/June 13, 2022/ Rocky Mountain Chocolate Manufacturing facility, Inc. (NASDAQ: RMCF) (the “Firm” or “RMCF”), introduced that its Board of Administrators (the “Board”) has unanimously elected Jeffrey Geygan as its new Chairman of the Board, as of June 9, 2022. He succeeds Elisabeth Charles, who will serve on the Board till the tip of the annual assembly of shareholders of the Firm to be held on August 18, 2022 (the “annual assembly”) ). She is going to retire from the Society after the annual assembly.

Ms. Charles was elected as a director in October 2021 and appointed as Board Chair in January 2022. She oversaw continued optimistic adjustments to the corporate’s company governance insurance policies and the hiring of progressive meals business veteran Rob Sarlls as CEO in Could 2022. His resolution to resign is for private causes and isn’t associated to a disagreement with the Firm or its operations, insurance policies or practices.

Talking on behalf of the board, Mr. Geygan congratulated Ms. Charles for serving to usher the corporate into a brand new period. “Elisabeth helped pave the best way for a brand new period of success. Her eight months of board service and management has paved an essential path for our firm.”

Mr. Geygan joined the board in August 2021, serving as interim Chairman of the Board from October 2021 to January 2022. As well as, Mr. Geygan is Chief Government Officer and Chairman of World Worth Funding Corp. (“GVIC”), a analysis and consulting agency he based in 2007. GVIC is an 8.5% shareholder of the Firm. He has additionally been a director of Wayside Know-how Group, Inc. (NASDAQ: WSTG) since February 2018 and chairman of its board since Could 2018.

Geygan says he’s assured concerning the firm’s prospects and its skill to develop, establish and create long-term worth. “I’m very excited concerning the transformation that has already begun and the method of investing and constructing an improved enterprise mannequin and company tradition – one that’s strategic, goal-driven and disciplined” , Mr. Geygan stated.

Mr. Sarlls agrees. “Jeff has been a drive for good for a number of many years, working constructively and positively with boards and administration groups to impact strategic change that drives the creation of shareholder worth,” he stated. . “Realizing first-hand the success of his investments with different public corporations, together with his enterprise expertise with John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS), and seeing how his robust management has considerably reworked Wayside Know-how Group, I’m very inspired by the way forward for our enterprise.”

About Rocky Mountain Chocolate Manufacturing facility, Inc.
Rocky Mountain Chocolate Manufacturing facility, Inc., headquartered in Durango, Colorado, is a world franchisor of gourmand chocolate, confectionery and self-service frozen yogurt shops and producer of an intensive line of premium goodies and different confectionary merchandise. The Firm, its subsidiaries and its franchisees and licensees function greater than 325 Rocky Mountain Chocolate Manufacturing facility and self-service frozen yogurt shops in the USA, South Korea, Qatar, the Republic of Panama and the Republic of the Philippines . The frequent shares of the Firm are listed on the Nasdaq World Market underneath the image “RMCF”.

Ahead-looking statements
This press launch comprises statements concerning the Firm’s expectations, intentions, plans and beliefs that represent “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended, and are supposed to fall inside the secure harbor safety supplied by these sections. These forward-looking statements contain numerous dangers and uncertainties. The character of the Firm’s actions and the atmosphere through which it operates topic it to altering financial, aggressive, regulatory and technological situations, dangers and uncertainties. Statements, apart from statements of historic reality, included on this press launch are forward-looking statements. Many forward-looking statements contained on this press launch could be recognized by way of forward-looking phrases akin to “will”, “intend”, “imagine”, “count on”, “anticipate”, ” ought to”, “plan”, “estimate”, “potential”, “prospects”, “construct” or comparable expressions. Components that would trigger outcomes to fluctuate embody, however should not restricted to: the impacts of the COVID-19 pandemic and world financial situations on the Firm’s enterprise, together with, however not restricted to, disruptions to our provide chain. sourcing, together with however not restricted to: uncooked materials and freight prices, availability of expert labor, on-line gross sales, manufacturing facility gross sales, retail gross sales and royalty and advertising bills, the Firm’s liquidity, the Firm’s price discount and capital preservation measures, the belief of anticipated potential advantages of the strategic alliance with Edible Preparations®, LLC and its corporations associates (“Edible”), the power to supply merchandise to Edible underneath the strategic alliance, Edible’s skill to extend the Firm’s on-line gross sales by means of the agreements with Edible, the result of any proceedings judicial involving the Firm, together with however not restricted to authorized proceedings introduced in opposition to Immaculate Confections, the operator of RMCF branches in Canada, adjustments within the confectionery enterprise atmosphere, seasonality, client curiosity for the Firm’s merchandise, basic financial situations, the success of the Firm’s frozen yogurt enterprise, the receptivity of the Firm’s merchandise internationally, client and retail traits, prices and the provision of uncooked supplies, competitors, the success of the Firm’s co-branding technique, the success of worldwide enlargement efforts and the impact of presidency rules. Governmental rules to which the Firm and its franchisees and licensees are, or could also be, topic and which might trigger outcomes to vary from forward-looking statements embody, however should not restricted to, native, state and federal legal guidelines concerning well being , sanitation, security, constructing and hearth codes, franchising, licensing, employment, manufacturing, packaging and distribution of meals merchandise and motor carriers. For an in depth dialogue of the dangers and uncertainties that would trigger the Firm’s precise outcomes to vary from the forward-looking statements contained herein, please see the part titled “Threat Components” contained in Part 1A. of the Firm’s Annual Report on Kind 10-Okay for the fiscal yr ended February 28, 2022. Extra elements that would trigger such variations embody, however should not restricted to: the length and severity of the present pandemic COVID-19 and its impact on, amongst different issues, manufacturing facility gross sales, retail gross sales, royalties and advertising bills and operations, the impact of any authorities motion or necessary advantages paid by the employer in response to the COVID-19 pandemic, and the Firm’s skill to handle prices and scale back bills within the present financial atmosphere and the provision of extra financing if wanted. These forward-looking statements communicate solely as of the date hereof. As such, they shouldn’t be unduly invoked for extra present circumstances. Besides as required by regulation, the Firm undertakes no obligation to publicly launch any revisions to those forward-looking statements that will replicate occasions or circumstances occurring after the date of this press launch or people who could replicate the incidence of unexpected occasions.

Essential extra info and the place to seek out it
RMCF intends to file a proxy assertion on Schedule 14A, an accompanying proxy card and different related paperwork with the Securities and Alternate Fee (the “SEC”) in reference to this solicitation. proxies to RMCF shareholders for RMCF’s 2022 annual assembly of shareholders. RMCF SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ RMCFTHE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR ADDITIONS THEREOF) AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Traders and shareholders could acquire, freed from cost, a replica of the definitive proxy assertion, an accompanying proxy card, any amendments or dietary supplements to the definitive proxy assertion and different paperwork filed by RMCF with the SEC on the SEC’s web site at Copies can even be obtainable freed from cost within the “SEC Filings” part of RMCF’s Investor Relations web site at or by contacting the Investor Relations Division of RMCF at (970) 259-0554, as quickly as moderately practicable after such paperwork are electronically filed with or furnished to the SEC.

Sure Data Concerning Members within the Solicitation
RMCF, its administrators and sure of its senior officers take part in soliciting proxies from RMCF shareholders in reference to issues to be thought-about on the annual assembly. Data concerning the direct and oblique pursuits, by means of inventory possession or in any other case in RMCF, of RMCF’s administrators and officers, is included in RMCF’s proxy assertion at Schedule 14A for its 2021 Annual Assembly of Shareholders. , filed with the SEC on September 9, 2021, and different filings of the Firm, its administrators and sure of its senior officers with the SEC once in a while. Modifications within the direct or oblique pursuits of administrators and officers of RMCF are set forth in filings with the SEC on preliminary declarations of useful possession on Kind 3, declarations of change of possession on Kind 4 and declarations Annual Useful Possession Modifications on Kind 5. These paperwork can be found freed from cost as described above. Up to date info concerning the identification of potential contributors and their direct or oblique pursuits, by means of inventory possession or in any other case, in RMCF might be set forth within the proxy assertion for RMCF’s 2022 annual assembly of shareholders and in different related paperwork to be filed with the SEC, if and after they turn into obtainable.

Rob Swadosh
Swadosh Group

THE SOURCE: Rocky Mountain Chocolate Manufacturing facility, Inc.

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