Hostess Investor Presentation Deck

Hy Consolidated Financial Results BRANDS Delivering Double-Digit Net Revenue Growth for the Quarter and Full Year ($ in millions, except per share data) Net Revenue Adjusted Gross Profit Adjusted Gross Margin Adjusted Operating Income Adjusted EBITDA Adjusted EBITDA Margin Adjusted EPS December 31, 2022 $339.5 $123.1 36.3% $57.8 $75.1 22.1% Three Months Ended $0.25 2021 $297.2 $110.6 37.2% $56.9 $73.2 24.6% $0.25 $ $42.3 $12.5 $0.9 $1.9 $0.00 Change % 14.2% 11.3% (95bps) 1.6% 2.6% (249bps) 0% December 31, 2022 $1,358.2 $467.7 34.4% $225.5 $294.1 21.7% Twelve Months Ended $0.98 2021 $1,142.0 $410.7 36.0% $207.5 $268.8 23.5% $0.88 $ $216.2 $57.0 $18.0 $15.3 $0.01 Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Operating Income, Adjusted EBITDA, Adjusted EBITDA Margin and Adjusted EPS are non-GAAP financial measures. See "Use of Non-GAAP Financial Measures" in the Appendix for an explanation of all non-GAAP financial measures and reconciliations to the comparable GAAP measures. Change % 18.9% 13.9% (152bps) 8.7% 9.4% (188bps) 11.4% 15

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