Financial Highlights - FY'20

Company History 1957 Founded in Jackson, MS by Fred Adams 1963 Expanded to build the world's largest egg farm in Edwards, MS 1969 Adams Foods merged with Dairy Fresh Products Company and Maine Egg Farms to form Cal-Maine M CAL-MAINE FOODS, INC 1972 Acquired Ralston- Purina egg operations Ralston Purina Company 1996 On December 12, 1996, went public on NASDAQ under the ticker "CALM" Nasdaq 2012 Acquired commercial egg assets of Pilgrim's Pride and Maxim Production Co. adding ~5mm layers Pilgrim's 2014 Sold over a billion dozens of eggs for the first time in FY'14 2015 Entered into a JV with Rose Acre Farms in TX, for the production of cage-free eggs, called Red River 2016 Acquired Foodonics International for ~$72mm, adding 1.6mm layers 2019 Acquired certain assets of Mahard Egg Farm for $46mm, including capacity for 3.9mm hens (1) Today Has completed 22 acquisitions since 1989 Valley Egg Farm Dixie egg 605 571 575 562 545 526 683 686 679 FY'00 FY'01 FY'02 FY'03 FY'04 FY'05 FY'06 Source: Company filings and website. Note: FYE May. 7 (1) Has a permitted capacity for up to 8mm laying hens. EM Cal-Maine Foods, Inc. Volume (Million Dozens) 1,063 1,069 1,054 1,031 1,038 1,039 1,014 949 884 821 805 778 FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20

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