Sealed Air and SC Johnson to End Existing Brand License Agreement

Charlotte, NC. (October 17, 2016) – SC Johnson & Son and the Diversey Care division of Sealed Air Corporation (“Sealed Air”) announced today that they have reached a mutual agreement to end the existing business relating to Sealed Air’s distribution of SCJ branded products to the professional market under the existing Brand License Agreement (“BLA”).

The parties agreed that the BLA will expire on May 2, 2017, with the exception of Australia, New Zealand, Argentina, Chile, Czech Republic and Poland, where the BLA will expire on January 1, 2017.

Both parties are committed to maintaining a continuous supply of SCJ branded products to customers under the BLA.

About SC Johnson

SC Johnson is a family company dedicated to innovative, high-quality products, excellence in the workplace and a long-term commitment to the environment and the communities in which it operates. Based in the USA, the company is one of the world's leading manufacturers of household cleaning products and products for home storage, air care, pest control and shoe care, as well as professional products. It markets such well-known brands as GLADE®, KIWI®, OFF!®, PLEDGE®, RAID®, SCRUBBING BUBBLES®, SHOUT®, WINDEX® and ZIPLOC® in the U.S. and beyond, with brands marketed outside the U.S. including AUTAN®, TANA®, BAMA®, BAYGON®, BRISE®, KABIKILLER®, KLEAR®, MR MUSCLE® and RIDSECT®. The 130-year-old company, which generates $10 billion in sales, employs approximately 13,000 people globally and sells products in virtually every country around the world. www.scjohnson.com