Investor Presentaiton

Innovation Momentum Continued in Q3 % of Annual Retail Sales from Innovation (Total Conagra Brands, Rolling 3 Years) 9% 12% FY15 FY16 17% 17% 17% FY19 FY20 L52 CONAGRA BRANDS. Source: IRI Syndicated Database, MULO + C, Conagra Brands Fiscal Year 2015, 2016, 2019, 2020, Latest 52 weeks ended Feb 28, 2021 Innovation Renewal Rate is calculated as the contribution of retail dollar sales from innovation (i.e. new items that had sales in reported period but not prior period) over a three-year basis. For example, in FY20, it's the new items from FY18 - FY20 and their % of retail dollar sales in FY20. 12

View entire presentation