Financial Highlights - FY'20

6 Significant Organic Growth and Acquisition Opportunities in a Highly Fragmented Market EM Cal-Maine Foods, Inc. Cage-free & Specialty Egg Capacity Expansion Utah facility expansion targeted to be completed by 2022 Continue to invest in cage-free production with our approved expansion products across our portfolio Significant Opportunities ☐ Fragmented market with meaningful consolidation opportunities ■ Proven integration capabilities in capturing synergy potential Buyer of choice for smaller players Organic / Cage-free Expansion Acquisitions 23

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