Timbuk2 CEO Mike Wallenfels Resigns; Board Chairman Ken Pucker Named Interim CEO

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SAN FRANCISCO (March 6, 2014) - Timbuk2, The original San Francisco pioneer of made-in-America customization and creator of urban mobility solutions, today announcesthat Mike Wallenfels resigned from his position as Chief Executive Officer. Wallenfels will continue to work with Timbuk2’s Board of Directors and senior management team through the end of March. Timbuk2 Board Chairman Ken Pucker will act as CEO with the supportof Chief Operating Officer Tony Meneghetti and the senior management team while a search is conducted for Wallenfels’ replacement. Ken has been an investor and board member at Timbuk2 for more than seven years and will continue to drive an aggressive growthpath for the brand and business.

“Mike has been an strong leader at Timbuk2,” said Ken Pucker, Timbuk2 Board Chairman. “The brand and business are bigger and better positioned for continued success than ever before due to his leadership. We are grateful for all of his hard work and passion he brought to the brand.”

Wallenfels plans to pursue personal adventures and work as an independent consultant for outdoor-related companies. He joined Timbuk2 in 2009 from Mountain Hardwear Inc., where he held the position as CEO.

“Timbuk2 has come a long way over the past four and one half years. I am proud of the revitalized product line, expanded marketing efforts, strengthened retailer partnerships, international expansion, and the growing retail brick-and-mortar presence for the brand,” said Wallenfels. “I truly loved working here and will especially miss all of the smart people and the fun atmosphere that make up Timbuk2 as a brand and culture.”

First to design customizable messenger bags, Timbuk2 has continuously manufactured in San Francisco since 1989. Founded 25 years ago by bike messenger Rob Honeycutt in a garage in the city’s Mission District, Timbuk2 has evolved from cycling-inspired messenger bags to categories including backpacks, camera bags, totes, and travel bags. A pioneer of made-in-America customization and an industry leader in forward-thinking, sustainable manufacturing, Timbuk2 relentlessly drives to inspire urban mobility, enable individuality and promote responsibility. With two retail stores in San Francisco and Seattle, and additional retail store openings slated for 2014, this is an especially exciting time for the brand.

For more information, please visit www.timbuk2.com

About Timbuk2

Timbuk2 is a San Francisco original, founded 25 years ago by bike messenger Rob Honeycutt in a garage in the city’s Mission District. Since its inception in 1989, Timbuk2 has designed quality bags, packs and accessories built to last a lifetime, evolving from the original bike messenger company to a pioneer of made-in-America customization and an industry leader in forward-thinking, sustainable manufacturing. The relentless drive to inspire urban mobility, enable individuality and promote responsibility has propelled Timbuk2 forward as it continues fusing passion and style to create durable, functional products informed by the company’s longstanding cycling roots and today’s vibrant city landscape. Timbuk2 products are sold at their two retail stores in San Francisco and Seattle, specialty retailers and online at www.Timbuk2.com.

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