Richard (Rick) Carlson Gage appointed Chair of Carlson Inc.

MINNEAPOLIS,USA - EQS - 5 August 2019 - Carlson Inc.,an international travel management company and private investment firm,announces the appointment of Richard "Rick" Gage as its Non-Executive Chair of theBoard, effective August 2, 2019.

AppointedVice-Chair in 2018, Rick succeeds Diana Nelson, who completes her term as Chairof the Board of the company, after two successive terms, as required by theCharter of the Board.

UnderDiana's stewardship, Carlson underwent a substantial restructuring of itsportfolio of businesses, including the sale of its hotels and restaurants; thepurchase of 100% of CWT, the B2B4E (business to business organization thatultimately serves our clients' employees) travel management platform; and thelaunch of Carlson Private Capital Partners, a privately-held middle marketinvestment firm. She remains a member of the board.

"On behalfof the Board of Directors, I am delighted to announce our decision to appointRick as Chair of Carlson Inc., following his effective role as Vice Chair,"said Michael Sweeney, Chair of the Nominating and Governance Committee of TheBoard of Directors, Carlson Inc. "The Board also expresses its gratitude toDiana for her leadership of the company these past six years and forpositioning Carlson for sustainable, long-term growth. We look forward to anorderly transition of Board leadership under Rick's direction."

A directorof Carlson Inc. for the past decade, Rick is the founder and former CEO ofYourMLSsearch.com, a leader in IDX property search, real estate website design,and online marketing. He is on the board of the Carlson Family Foundation,where he has served for more than 20 years. Rick is also a director of theWorld Childhood Foundation.

He is agraduate of Augsburg University, with a Bachelor of Arts degree in EnglishLiterature.

About Carlson (www.carlson.com)

Now in itsthird generation of closely held family ownership, Carlson is an internationaltravel management company and private investment firm, operating in nearly 145countries and territories. The foundation of its portfolio of businesses iswholly-owned global travel industry leader, CWT, the B2B4E (business tobusiness for employees) travel management platform. Carlson Private CapitalPartners, a middle-market investment firm, was formed by the Carlson family andlaunched in 2018.