On August 15, 2014, William F. Achtmeyer informed Briggs & Stratton Corporation that he would be resigning from the Company's Board of Directors effective August 29, 2014. Mr. Achtmeyer is Chairman, Managing Partner and Chief Executive Officer of The Parthenon Group LLC. The Parthenon Group has announced that it has signed an agreement to combine its operations worldwide with Ernst & Young.

The combination of The Parthenon Group and EY is subject to the satisfaction of agreed conditions, including that Mr. Achtmeyer complies with existing EY partnership rules stipulating that partners may not serve on the board of directors of for profit companies. As such, Mr. Achtmeyer has decided to resign from the Board of Briggs & Stratton Corporation. Mr. Achtmeyer's decision to resign did not relate to any disagreement on matters relating to the Company's operations, policies or practices.

In connection with Mr. Achtmeyer's resignation, the size of the Board is being reduced to eight directors, effective August 29, 2014.