Winter Summit, March 1-2, 2014 - Chicago, Illinois PAGE 2 BEMA Winter Summit David DeCesare Bakery R&D MARCH 2, 2014 PAGE 3 In the Beginning 1981 • Ron Shaich, founder • Established 1981 as Au Bon Pain • Thrived during the 80’s & 90’s PAGE 4 1993 • Purchased St. Louis Bread Co. • 19-unit bakery concept PAGE 5 1997 • St. Louis Bread’s volume increased • Potential was realized and became the company’s core focus PAGE 6 1999 • Au Bon Pain units sold off • Name changed to Panera PAGE 7 2007 - 2009 • Purchased Paradise Bakery & Cafe • 70 units across 10 states PAGE 8 2014 • 1736 Bakery Cafes • 45 states and in Ontario, Canada • Operating under Panera Bread, St. Louis Bread Co. and Paradise Bakery & Café • With our roots in baking, Panera was founded on a commitment to baking fresh bread and bakery items daily at every location. PAGE 9 Commissary System PAGE 10 • 23 Fresh Dough Facilities (FDF) • 1736 Bakery Cafes PAGE 11 • Vendor partners (manufacturing) • Sygma (distribution) PAGE 12 Fun Facts • 6,000 bakers • 35 varieties of breads and 12 varieties of bagels • 150 million lbs of flour annually • 263 million bagels and 47 million baguettes annually • Day-End Dough-Nation program
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