Conagra Brands Citizenship Report 2020 CONTENTS Conagra Brands Citizenship Report 2020 Overview Good Food Responsible Sourcing From our President and CEO 3 Food Safety 11 Supply Chain Practices 16 Conagra Brands at a Glance 4 Nutrition 12 Sustainable Agriculture 17 Citizenship Philosophy and Focus Areas 5 Product Transparency 14 Sustainable Sourcing 19 2020 Highlights 6 Responsible Marketing to Children 15 Priority Ingredients and Materials 20 Materiality 7 Supply Chain Water Risk 22 Responding to COVID-19 9 Sustainable Packaging 23 Better Planet Stronger Communities 2020 SASB Disclosure Operational Sustainability 25 Corporate Ethics 31 2020 SASB Disclosure 42 Sustainable Development Awards Employee Health & Safety 32 Program 25 Inclusive Workplace 33 Environmental Management 26 About this Report Diversity & Inclusion 35 Climate Change 27 Reporting Parameters 47 Community Impact & Philanthropy 37 Energy Use & Efficiency 28 Contact 48 Water Use & Water Quality 29 Eliminating Waste 30 CONAGRA BRANDS 2020 CITIZENSHIP REPORT 2 CONTENTS > OVERVIEW From our President and Chief Executive Officer As I reflect on the Throughout the year, our Over the next few years, we aim to avoid the use of past year, I must first an additional 33 million pounds of plastic through express my gratitude commitment to nourish further development of plant-based packaging for the strength and options and other packaging innovations. resilience displayed people, the planet and our by our employees Generating less waste for disposal, reducing energy who have worked communities took form in use and water use, and preserving biodiversity by tirelessly to nourish mitigating deforestation are core tenants of Conagra’s our communities. new product innovations, environmental, social and governance (ESG) strategy. The economic and Through our employee-led Sustainable Development social impact of the progress on our sustainable Awards program, now in its 11th year, we conserved COVID-19 pandemic 120 million gallons of water, decreased our carbon has been felt around the world. Food insecurity has packaging goal, and our footprint by 15,700 metric tons and reduced waste been further exacerbated and, in the U.S., has left tens employees’ actions to build by more than 5,700 tons in fiscal year 2020. of millions of people unable to access nutritious food. In response to the increased strain on our nation’s food stronger communities. Community Support: Through employee volunteerism, banks, Conagra has provided product donations and product donations and financial contributions, we cash contributions to essential nonprofits, organized helped to stock pantries as well as reduce food food drives, and when safe and appropriate, volunteered Product Innovation: Our relentless focus on waste, and contributed financially to nonprofits in our communities to help our neighbors in need. innovation to meet the needs of modern consumers in communities where we operate. In fiscal year continues to accelerate, including by offering more 2020, we donated more than 30 million pounds We have also seen unprecedented attention to—and plant-based options, which are a significant part of of food to Feeding America and its network of action on—the systemic issues of racism, injustice, our business. This past year, we launched numerous food banks, the equivalent of 25 million meals. and inequality in America. Diversity and inclusion nutritious offerings such as new varieties of Healthy have always been a focus for Conagra Brands, but Choice® Power Bowls, which are packed with Our efforts this year reflect Conagra’s dedication we also recognize that we can be better. We’re taking protein and wholesome ingredients. In 2020, we also to operating ethically and responsibly. Even in meaningful actions to help employees to experience expanded our collection of Gardein® plant-based meat the face of so much uncertainty, I am proud of inclusion and holding ourselves accountable. Conagra alternatives from the freezer case to the soup aisle the progress we made to remain true to our core Brands has set ambitious representation and retention with the debut of five new vegan Gardein Soups. values and positively impact the world around us. goals, including doubling the representation of people of color in management and middle-management Environmental Impact: We made strides on our roles and having at least 40% of management-level goal to make 100% of our current plastic packaging roles held by women within the next five years. renewable, recyclable or compostable by 2025. This summer, we launched new Hungry-Man® Double Meat Bowls and P.F. Chang’s® Ramen single-serve Sean M. Connolly meals in serving bowls made from plant-based fibers. President and Chief Executive Officer CONAGRA BRANDS 2020 CITIZENSHIP REPORT 3 CONTENTS > OVERVIEW Conagra Brands at a Glance EMPLOYEES BRANDS1 Approximately Include 16,300 ® HEADQUARTERS Chicago REVENUE Approximately $11 billion FACILITIES Approximately 50 1 Visit conagrabrands.com for a full list of brands. CONAGRA BRANDS 2020 CITIZENSHIP REPORT 4 CONTENTS > OVERVIEW Citizenship Philosophy and Focus Areas For our consumers and employees, our communities and our planet, Conagra Brands’ commitment is to nourish—to foster community, health and growth. This means making food that’s delicious, safe, nutritious and convenient, while addressing the key economic, environmental and social impacts directly linked to our activities and products, such as through our connection to our employees and our business relationships with farmers, suppliers, customers and others. Our citizenship strategy includes four focus areas: Good Food, Responsible Sourcing, Better Planet and Stronger Communities. Together, these strategic pillars articulate our values and ambitions as a responsible corporate citizen. We look forward to making good food for generations to come, and doing so in a way that supports responsible sourcing, stronger communities and a better planet. Good Food Responsible Sourcing We continuously strive to make safe, delicious and nutritious foods, while We approach the sourcing of ingredients and packaging materials with care and providing the information that consumers need to make educated food choices. consideration, taking into account environmental, social and economic impacts across our value chain. Better Planet Stronger Communities The health of the planet and availability of natural resources are intricately linked to Conagra Brands cares deeply about our employees and we invest in them, their every part of our business. We’re especially focused on acting on climate change, growth, success and overall wellbeing. In our communities where we live and work, preserving water resources, and eliminating waste. we take action to address the issue of hunger by activating a variety of our resources, including employee volunteerism, product donations and financial contributions. CONAGRA BRANDS 2020 CITIZENSHIP REPORT 5 CONTENTS > OVERVIEW 2020 Highlights By using plant-based fiber bowls instead of plastic for Healthy Choice® Power Bowls, We achieved a 100% on the Hungry-Man® Double Meat Human Rights Campaign’s Bowls and P.F. Chang’s® Corporate Equality Index single-serve meals, we for the sixth year in a row reduced the carbon Through our employee-led footprint of packaging Sustainable Development manufacturing for these Awards program, we: products by 50–70%1 conserved 120 million gallons of water decreased our carbon footprint by 15,700 We initiated a We were recognized as one metric tons program to have 100% of fish of the 50 most community- sourced for our Van de Kamp’s® minded companies in the reduced waste by more and Mrs. Paul’s® fish products nation by Civic 50 for the than 5,700 tons Marine Stewardship Council second consecutive year (MSC)-certified 1 Source: GaBi Packaging Calculator analysis courtesy of Footprint, accessed June 2020 CONAGRA BRANDS 2020 CITIZENSHIP REPORT 6 CONTENTS > OVERVIEW Materiality: What Matters, Where it Matters Our materiality analysis reflects current business strategies and stakeholder dialogues on relevant environmental, social and governance (ESG) topics. Our materiality matrix identified 21 topics across four strategic pillars: Better Planet, Good Food, Responsible Sourcing and Stronger Communities. Our Citizenship strategy is deeply rooted in this holistic and objective view into what topics matter most, with an eye on how our activities impact global efforts to reach the UN Sustainable Development Goals. These 17 goals address challenges such as access to food, inequality, climate change, water scarcity, and community empowerment, and intersect with Conagra Brands’ material topics, goals and ESG management strategies. Conagra Brands Materiality Assessment: Food Safety Corporate Ethics • Relative priority • • Health & Nutrition of corporate citizenship topics • Supplier Code of Conduct Water Consumption • • Climate Change Product Transparency • • Diversity & Inclusion Sustainable Sourcing • Food Waste • Packaging • Food Policy Energy Use Culture & Workplace• Deforestation • • • Animal Welfare• • Environmental Compliance • Solid Waste Employee Health & Wellness SIGNIFICANCE TO STAKEHOLDERS TO SIGNIFICANCE • Community Impacts• & Philanthropy Good Food Responsible Sourcing Better Planet Stronger Communities Transportation & Logistics • IMPORTANT STRATEGIC CRITICAL SIGNIFICANCE TO CONAGRA BRANDS CONAGRA BRANDS 2020 CITIZENSHIP REPORT 7 CONTENTS > OVERVIEW Alignment of Material Topics with the UN Sustainable Development Goals Each of Conagra