Hostess SPAC Presentation Deck

PAGE 9 HOSTESS' APPROACH TO BETTER-FOR-YOU Objective: provide better-for-you options for consumers while maintaining brand equity and taste credentials TRANS FAX Removal of negatives Phased approach to "cleaner label" on core Hostess Two-Pronged BFY Strategy Today - "0 grams trans fat per serving and no PHOS" ✓ Short-term - Label simplification and focus on natural flavors and colors ✓ Long-term - Formulation changes to remove animal fats and other targeted ingredients Å New items delivering BFY benefits ✓ Today - New Mini Muffins deliver 8g whole grain. Banana muffins: "smart snack" for school nutrition compliance 8g ✓ Longer-term - New platforms to deliver positive nutrition Hostess mini muffins blueberry Effe Addition of positives CARL 20 SMART SNACKS IN SCHOOL Hostess mini muffins baNaNa அம் VARL ERWIN Hostess

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