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Investor Presentaiton

Scaling hard-cooked egg offerings, optimizing throughput and category reach Value-Added Products Our capabilities are scaling EM Cal-Maine Foods • Innovative category captures value Egg size increases to consumer-preferred large+ only after ~15 weeks of medium egg laying (16% of laying life) Integrated production and processing capabilities help leverage more value from eggs during pre-peak lay Ability to upcycle pre-peak, medium size eggs to hard-cooked drives commercial throughput and category penetration MeadowCreek Facility March 2023 Hard-cooked operations on-line ~32 mm lbs Annual gross capacity (1) О Large+ sizes preferred for retail Medium size eggs ideal for hard-cooked CAL-MAINE FOODS | INVESTOR PRESENTATION | JANUARY 2024 • . Plan to self-supply majority of eggs, initial focus on hard- cooked products Leverage distribution relationships and drive category expansion Pursue growth in commercial food services 30
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