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Glazer’s and Stoller announce agreement to form a new company to distribute spirits, wine and beer in Illinois

November 15, 2013

Glazer’s, Inc., one of the largest beverage distributors in the country, and Stoller
Wholesale, a leading Illinois beverage distributor, are pleased to announce that the two companies have
signed a definitive agreement to create a new partnership to distribute wine, spirits, and beer in Illinois.
The new company will do business as Stoller Wholesale Distributing of Illinois, a Glazer’s Company.
Stoller Wholesale distributes wine, spirits and malt beverages in Illinois for many national suppliers,
including Imperial Brands, Don Sebastiani and Sons, Rum Chata, and other strategic vendors.
Glazer’s President and CEO, Sheldon “Shelly” Stein, commented, “With today’s announcement, we have
taken another step in Glazer’s long term growth strategy, which we believe will create increased value for
our strategic suppliers and stakeholders. We understand the importance of having strong and viable
operations in major footprint markets, which will strengthen our relationships with strategic suppliers and
customers. We have a great deal of respect and admiration for the Stoller family, and believe that by
combining our industry leading brand building expertise with their strong foundation in the Illinois
market we can create a solid platform for long term growth.”

Stoller Wholesale President Randy Stoller added, “My brothers and I believe that today is a great day for
Stoller’s suppliers, customers, and employees. Glazer’s and Stoller are both proud family-owned
companies that are truly aligned in the way we see opportunities for growth and success in the Illinois
market. Both companies are committed to being long term players in Illinois, and we look forward to
together building a stronger company focused on building brands, and servicing our customers.”

Subject to customary due diligence and regulatory approvals, the transaction is expected to close by the
end of 2013.

Source: Glazer’s