Financial Highlights - FY'20

Ample Liquidity and Conservative Capital Allocation Strategy to Execute Growth Strategy (in $mm) Use of Capital (1) $169 0.1x $152 $45 $128 $86 $42 $18 $124 $67 $20 $68 $20 2017 2018 2019 Capex Acquisitions Historical Net Leverage Ratio (2) (0.2x) (0.5x) EM Cal-Maine Foods, Inc. (1.0x) 2017 2018 2019 2020 2020 ■Dividends Paid Over the past 4 years, we have maintained a Net Debt/TTM EBITDA ratio of <0.2x with undrawn $100mm credit facility Source: Company filings and Wall Street Research. 31 (1) (2) Share repurchases of ~$1mm annually used for payment of taxes on incentive stock vested are omitted. Reported EBITDA reconciliation located in appendix.

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