Investor Presentaiton

Where do we stand? • ● • Growth: Resumed acceleration in growth of both HH's and Nielsen Mega-Channel consumption After more than one year of out-of-stocks, we have seen growth in both HH's and Nielsen growth rate resume during Q4 and trend towards the long-term levels we expect Full marketing plan in place to begin on January 1, 2022 Capacity: Should not be a limiter of our growth in 2022 Our current run rate of capacity that is operating and staffed supports a business of >$660 million in net sales in 2022 (at 2021 pricing levels) Rolls capacity could get tight in Q2/Q3 if Ennis is delayed, and growth continues at very high rate Trade Inventory: Fully caught up on items accounting for ~60% of net sales and closing the gap on the rest Fully caught up on rolls Our largest volume size of Roasted Meals is now caught up (accounts for ~30% of all Roasted Meal sales and 10% of total sales) Expect to be caught up on FFTK in late Q1 2022 Margins: Significant actions taken that will begin to restore margins in early 2022 Significant price increases taken to offset commodity, freight and labor inflation will be effective with orders on 2/28/22. ERP implementation (effective 2/1/22) will improve freight costs Benefits of bag line upgrade and staffing plans implemented in 2021 will begin to have an impact in early 2022 Balance Sheet: Adequate cash to meet 2022 capacity requirements Capex spending will likely require amendment to credit agreement 7

View entire presentation