Market Overview

Kraft Heinz Receives Notification of Deficiency From Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

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The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company")
today announced that on May 17, 2019, as expected, Kraft Heinz received
a standard notice from Nasdaq stating that, as a result of not having
timely filed its Quarterly Report on Form 10-Q for the quarter ended
March 30, 2019 (the "Form 10-Q"), Kraft Heinz continues to not be in
compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely
filing of periodic financial reports with the Securities and Exchange
Commission. Kraft Heinz previously received an initial notice on March
15, 2019 related to the delay in timely filing its Annual Report on Form
10-K for the fiscal year ended December 29, 2018 (the "Form 10-K").

Previously, Kraft Heinz timely submitted a plan to regain compliance to
Nasdaq and in the notice received on May 17, 2019, Nasdaq also notified
Kraft Heinz that it had been granted until September 11, 2019 to regain
compliance with Nasdaq Listing Rule 5250(c)(1) by filing the Form 10-K
and Form 10-Q and complying with certain other terms outlined in the
notice. Kraft Heinz currently expects to cooperate with Nasdaq to comply
with such terms.

These notices do not have any immediate effect on the listing or trading
of Kraft Heinz's common stock on the Nasdaq Global Select Market.

ABOUT THE KRAFT HEINZ COMPANY

For 150 years, we have produced some of the world's most beloved
products at The Kraft Heinz Company (NASDAQ:KHC). Our Vision is To
Be the Best Food Company, Growing a Better World
. We are one of the
largest global food and beverage companies, with 2018 net sales of
approximately $26 billion. Our portfolio is a diverse mix of iconic and
emerging brands. As the guardians of these brands and the creators of
innovative new products, we are dedicated to the sustainable health of
our people and our planet. To learn more, visit www.kraftheinzcompany.com
or follow us on LinkedIn and Twitter.

Forward-Looking Statements

This press release contains a number of forward-looking statements.
Words such as "expect," "may," and variations of such words and similar
future or conditional expressions are intended to identify
forward-looking statements. These forward-looking statements include,
but are not limited to, statements regarding our beliefs and
expectations relating to the filing of the Form 10-K and Form 10-Q and
compliance with Nasdaq's listing rules and with the requirements
outlined by Nasdaq. These forward-looking statements are not guarantees
of future performance and are subject to a number of risks and
uncertainties, many of which are difficult to predict and beyond our
control. Important factors that may cause actual results to differ
materially from those in the forward-looking statements include, but are
not limited to, further material delays in Kraft Heinz's completion of
its financial reporting and in the filing of the periodic reports
required to be filed with the Securities and Exchange Commission,
including the possibility that the ongoing reviews may identify
additional errors, control deficiencies, misstatements, or material
weaknesses in the Company's accounting practices. We disclaim and do not
undertake any obligation to update or revise any forward-looking
statement in this press release, except as required by applicable law or
regulation.

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