Rayonier Advanced Materials Inc. announced that on May 21, 2018, effective as of the conclusion of the 2018 annual meeting of stockholders of the company, Mr. Matthew P. Hepler became a Class III member of the Board of Directors of the Company. Mr. Hepler was appointed to the Board in accordance with an agreement entered into between the Company, Marcato Capital Management LP and its affiliates and Mr. Hepler, dated February 18, 2018. On May 22, 2018, upon the recommendation of the nominating and corporate governance committee and approval by the board, Mr. Hepler was appointed to each of the audit committee and nominating and corporate governance committee of the company's board of directors.