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American Express Brings Together Top Industry Minds at the FOOD & WINE Classic in Aspen; Celebrates 30th Anniversary of the Restaurant Trade Program


American Express (NYSE: AXP) is proud to present its 30th annual Restaurant Trade Program at the FOOD & WINE Classic in Aspen, CO from Thursday, June 13 to Saturday, June 15. Developed for the professionals who shape the world of dining, the American Express Restaurant Trade Program hosts chefs, restauranteurs, and leading industry professionals for a three-day program featuring networking events and dynamic panel discussions with some of the industry's leading voices.

"Restaurants are a large and important part of our American Express Merchant family and we are committed to backing growth and innovation within the industry," said Gunther Bright, executive vice president, Merchant Services ? U.S., American Express. "The American Express Restaurant Trade Program is core to that backing, acting as a platform for chefs and restaurateurs to connect and discuss the most important and relevant topics in the dining industry today."

The community of American Express accepting restaurants continues to grow. In fact, more than 114,000 more U.S. restaurant locations began accepting American Express Cards in 2018. 1

This growth in acceptance is important to American Express Card Members as dining out is an integral part of their daily lives. According to a recent study 2, American Express Card Members who had made purchases at restaurants in the prior three months reported they:

Additionally, 63% of Card Members report that when thinking specifically about paying for restaurant purchases with American Express, they agree they are more likely to return to a restaurant when they know it accepts American Express. 2

At this year's Aspen FOOD & WINE Classic, American Express will bring iconic industry leaders together on panels to discuss how to find long-term success in the industry. Panel discussions will include some of the most pressing challenges facing the industry, such as increasing diversity and incorporating new technologies that are redefining the dining experience.

The schedule for the 30th annual American Express Restaurant Trade Program is as follows:

THURSDAY, JUNE 13

3:30pm to 5:30pm - Kick-off Party

FRIDAY, JUNE 14

9:15am to 10:30am - T100: Legacy: Meet the Masters

1:30pm to 2:35pm - T200: Inclusion: Hospitality's Moment to Lead

2:45pm to 4:15pm - Afternoon Social

SATURDAY, JUNE 15

9:15am to 10:30am - T300: Innovation: The Future of the Restaurant Industry

To learn more about the 2019 American Express Restaurant Trade at the Aspen FOOD & WINE Classic, and how you can attend, please visit: https://classic.foodandwine.com/

ABOUT AMERICAN EXPRESS

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpressinstagram.com/americanexpress, linkedin.com/company/american-expresstwitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate responsibility information: charge and credit cardsbusiness credit cardstravel servicesgift cardsprepaid cardsmerchant servicesAccertifyInAuthcorporate cardbusiness travel, and corporate responsibility.

1 Based on internal comparison of American Express small merchant locations in December 2017 to American Express small merchant locations in December 2018.

2 American Express commissioned Internet panel survey conducted in November - December 2018 based on purchases made from restaurants in the three months prior to the survey. Definition of American Express® Card Members: Respondents who reported that they have an American Express Card and that they used that card to make purchases from restaurants in the prior three months. Definition of non-Card Members: Respondents who reported that they do not have any type of American Express Card and that they used other cards and/or cash to make purchases from restaurants in the prior three months.

SURVEY METHODOLOGY

The study that provided the dining data was conducted by The Analytics Practice within Kantar (Kantar), and is based on a survey of 802 online interviews geographically dispersed across the U.S. with respondents who have made dining purchases in the prior three months of the conducted interview. 400 American Express Card Members (Consumer, Business and Corporate) who have used American Express to make purchases from restaurants in the three months prior to the survey were interviewed. 402 non-Card Members who do not have an American Express Card and used other cards and/or cash to make purchases from restaurants in the three months prior to the survey were also interviewed. All survey responses were gathered in late November and December 2018. Kantar estimates the survey to be approximately at a 95% level of confidence.



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