LABL Multi-Color Corp.

On May 16, 2019, Multi-Color Corporation (the “Company” or “Multi-Color”) held a Special Meeting of Shareholders (the “Special Meeting”) in Cincinnati, Ohio. Of the 20,543,253 shares of common stock, no par value per share, of the Company (the “Company common stock”) issued and outstanding at the close of business as of April 3, 2019, the record date for the Special Meeting, shareholders holding a majority of the total number of outstanding shares of Company common stock entitled to vote were present or represented by proxy at the Special Meeting, constituting a quorum for all matters to be presented at the Special Meeting.

The final results of the shareholder votes at the Special Meeting are set forth below.

Proposal 1: Merger Agreement Proposal . The proposal was to adopt the Agreement and Plan of Merger, dated as of February 24, 2019 (the “Agreement and Plan of Merger”), by and among the Company, W/S Packaging Holdings, Inc. and Monarch Merger Corporation (the “merger agreement proposal”). The merger agreement proposal was adopted.

Proposal 2: Non-Binding Advisory Proposal . The proposal was to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the Company’s named executive officers that is based on or otherwise relates to the merger contemplated by the Agreement and Plan of Merger. This proposal was approved.

Proposal 3: Adjournment Proposal . In connection with the Special Meeting, the Board of Directors of the Company also solicited proxies with respect to a proposal to adjourn the Special Meeting to a later date or time, if necessary or appropriate, to permit further solicitation of proxies in favor of the merger agreement proposal if there were insufficient votes at the time of the Special Meeting. The adjournment proposal was not submitted to the Company shareholders for approval at the Special Meeting because Company shareholders approved the merger agreement proposal, as noted above.