Hormel Foods Corp

###### Public Policy

Hormel Foods recognizes there are several legislative issues that directly affect the food industry.

As a leader in the industry, we are involved in lobbying efforts to help create an open dialogue about our company's mission. In 2021, these efforts and activities primarily focused on agriculture, food labeling, health and labor/workplace issues, U.S. trade policies, COVID-19 aid packages and COVID-19 vaccine distribution.

Activities vary according to the issue and may involve working with legislators, the House and Senate Agricultural Committees, the U.S. Department of Agriculture and the Food and Drug Administration. We maintain relationships with these parties in order to ensure open discussion and that accurate information on these issues is appropriately disseminated.

In calendar year 2021, we spent over $595,000 on lobbying. From our employee-funded Political Action Committee (PAC), we contributed $5,000 to the North American Meat Institute PAC and $5,000 to the Consumer Brands Association PAC. Individual contributions to political parties are allowed, but the company does not directly contribute to political parties or individual candidates.

###### Public Policy

Hormel Foods recognizes there are several legislative
issues that directly affect the food industry.

As a leader in the industry, we are involved in lobbying efforts to help create an open
dialogue about our company's mission. In 2020, our lobbying efforts and activities primarily
focused on agriculture, food labeling, health and labor/workplace issues, U.S. trade
policies, COVID-19 aid packages and COVID-19 vaccine distribution.

Activities vary according to the issue and may involve working with legislators, the House
and Senate Agricultural Committees, the U.S. Department of Agriculture and the Food and
Drug Administration. We maintain a relationship with these parties in order to ensure open
discussion and that accurate information on these issues is appropriately disseminated.

In calendar year 2020, we spent $616,000 on lobbying. From our employee-funded Political
Action Committee (PAC), we contributed $5,000 to the North American Meat Institute PAC
and $5,000 to the Consumer Brands Association PAC. Individual contributions to political
parties are allowed, but the company does not directly contribute to political parties.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Hormel Foods supports the development of legislation to address adaptation resiliency triggered by changes in climatic patterns, or any other large-scale factor impacting resource quantity or quality. Hormel Foods encourages the use of a broad-base of stakeholders in the development stages to ensure a balanced approach that will satisfy all interests.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, but we plan to have one in the next two years

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Hormel Foods supports the development of legislation to address adaptation resiliency triggered by changes in climatic patterns, or any other large-scale factor impacting resource quantity or quality. Hormel Foods encourages the use of a broad base of stakeholders in the development stages to ensure a balanced approach that will satisfy all interests.