X0306 4 2018-04-12 0 0001644406 Hostess Brands, Inc. TWNK 0001320363 Crist Gretchen Renee C/O HOSTESS BRANDS, INC. 1 EAST ARMOUR BOULEVARD KANSAS CITY MO 64111 1 0 0 0 Class A Common Stock, par value $0.0001 per share 2018-04-12 4 A 0 831 0.00 A 831 D Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive one share of Class A common stock. These restricted stock units will vest upon the first to occur of (i) the registrant's first annual stockholders' meeting following June 15, 2017, (ii) August 24, 2018, (ii) the death or disability of the reporting person, or (iv) a change of control of the registrant, in each case, subject to continued service until such vesting date. /s/ Jolyn Sebree, Attorney-in-Fact 2018-04-16