Market Overview

Cintas Announces the Retirement of Founder and Chairman Emeritus Richard T. Farmer


(NASDAQ:CTAS) today announced that Richard T. Farmer
has informed the company's board of directors that he will not seek
re-election to Cintas' board. Mr. Farmer will retain the chairman
emeritus title but will not take part in board meetings or other
activities after October 30, 2018.

This press release features multimedia. View the full release here:

Cintas Founder and Chairman Emeritus Richard T. Farmer (Photo: Business Wire)

Cintas Founder and Chairman Emeritus Richard T. Farmer (Photo: Business Wire)

Mr. Farmer created Cintas from a family-owned business processing shop
towels in Cincinnati, OH. Soon after graduating college in 1956, Mr.
Farmer joined his family's business as a sales representative. He was
eventually named president of the company. In 1968, Mr. Farmer left the
family business to test a new concept that involved unique fabrics and
processing systems for uniforms which ultimately revolutionized the
entire industry. Within two years, Mr. Farmer's new company, Satellite
Corporation, was so successful that it acquired the family business. In
the mid-1970s, Satellite was renamed Cintas Corporation. With a strong
appetite for growth and a strong record of performance, the company went
public in 1983. Mr. Farmer served as CEO through 1995 and as board
chairman through 2010. Since that time, he has held the title of
chairman emeritus.

Today Cintas is a Fortune 500 company with revenue of $6.47 billion. The
company employs 43,000 employee-partners in more than 400 locations
across the US and Canada. The corporate culture Mr. Farmer instituted is
a key component of the company's long term success and includes a focus
on customer-driven innovation, professionalism and exceeding the
expectations of customers, shareholders and working employee-partners.

"My father has been the heart and soul of Cintas for many years," said
Cintas Chairman and CEO, Scott D. Farmer. "His vision and commitment
have helped the company thrive and positioned it for even greater
success in the future."

About Cintas Corporation:

Cintas Corporation helps more than 1 million businesses of all types and
sizes get Ready® to open their doors with confidence every day by
providing a wide range of products and services that enhance our
customers' image and help keep their facilities and employees clean,
safe and looking their best. With products and services including
uniforms, floor care, restroom supplies, first aid and safety products,
fire extinguishers and testing, and safety and compliance training,
Cintas helps customers get Ready for the Workday®. Headquartered
in Cincinnati, Cintas is a publicly held Fortune 500 company traded over
the Nasdaq Global Select Market under the symbol CTAS and is a component
of the Standard & Poor's 500 Index.

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