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Hormel Foods Announces Hormel Heroes Scholarship Recipients

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Austin, Minn.

Hormel Foods Corporation (NYSE: HRL) today announced the recipients of its $10,000 2016 Hormel Heroes Scholarships.

The Hormel Heroes Scholarship Program was created by Hormel Foods to support female students with military backgrounds pursuing careers in culinary arts or a foodservice management related program, and is administered by the National Restaurant Association Educational Foundation (NRAEF).

“Hormel Foods has a long history or supporting the military. From producing SPAM® products to help feed allied troops during World War II, to producing products for the military today and providing employment opportunities for veterans, we are inspired by those who serve or have served our country,” said Jeff Baker, group vice president of foodservice, Hormel Foods. “We are proud to provide these scholarships to help these veterans foster their careers in the foodservice industry.”

The 2016 Hormel Heroes Scholarship recipients are Stephanie Brown and Carly Cooper.

Brown was in the U.S. Air Force for 10 years and is pursuing a degree in culinary arts from Johnson & Wales University. She would like to run her own food-related business after she graduates.

“Thank you so much for this most generous scholarship,” Brown said. “I promise to work hard and I will never forget your contribution to fulfilling my dreams of a culinary career.”

Cooper was in the U.S. Air Force for two years and is pursuing a degree in culinary arts from The Culinary Institute of America. She would like to run a small restaurant after she graduates.

“This scholarship means I’ll have a little less stress while I’m trying to accomplish my dreams,” Cooper said.

“The National Restaurant Association Educational Foundation has a long-standing partnership with the military and is proud to recognize excellence in its past and present members,” said Rob Gifford, executive vice president, NRAEF. “We’re so thankful that Hormel Foods has made this scholarship possible and wish the recipients the best of luck in their future endeavors.”

Additional information about the company’s philanthropic efforts can be found in the company’s corporate responsibility report: http://2015csr.hormelfoods.com/.

About Hormel Foods – Inspired People. Inspired Food.™

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index, S&P 500 Dividend Aristocrats, was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the eighth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future – Inspired People. Inspired Food.™ – focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and http://2015csr.hormelfoods.com/.

About the National Restaurant Association Educational Foundation

As the philanthropic foundation of the National Restaurant Association, the NRAEF exists to enhance the restaurant industry’s service to the public through education, community engagement and promotion of career opportunities. The NRAEF works to attract, develop and retain a career-oriented professional workforce for the restaurant industry. In 2016, the restaurant and foodservice industry is projected to provide a record 14.4 million jobs, making it the nation’s second largest private sector employer. For more information about the NRAEF, visit ChooseRestaurants.org.