Alicorp Announces Creation of a New Position: Vice President of Corporate Commodities

LIMA, Peru--()--Alicorp S.A.A. (“the Company” or “Alicorp”) (Lima Stock Exchange: ALICORC1 and ALICORI1) a leading Peruvian consumer goods company, announced today the creation of the new position of Vice President of Corporate Commodities, in an effort to continue strengthening and consolidating the Company’s purchasing capacity and commodity management.

The position will be filled by Mr. Luis Enrique Estrada Rondón, who will be joining the Company on May 1, 2017.

Mr. Estrada has over 28 years of experience in commodity management. His most recent position was at Cargill, as South America Customer Price Risk Management Leader, where he was responsible for expanding Cargill’s risk management services in South America and Mexico.

About Alicorp

Alicorp is a leading consumer goods company headquartered in Peru, with operations in other Latin American countries, such as Argentina, Brazil, Chile, Ecuador, and exports to 23 other countries. The Company focuses on three core businesses: (1) Consumer Products (food, personal and home care products), in Peru, Brazil, Argentina, Ecuador, Colombia and other countries, (2) Industrial Food Products (industrial flour, industrial lard, pre-mix and food service products), and (3) Aquaculture (fish and shrimp feeding).

Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Alicorp's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Alicorp's control that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by law, Alicorp does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time and it is not possible for management to predict all such factors.

Contacts

Investor Relations
Alicorp
Alexander Pendavis Heksner, 511-315-0800 Ext: 444410
F: 511-315-0867
Corporate Finance Director & IRO
apendavish@alicorp.com.pe

Contacts

Investor Relations
Alicorp
Alexander Pendavis Heksner, 511-315-0800 Ext: 444410
F: 511-315-0867
Corporate Finance Director & IRO
apendavish@alicorp.com.pe