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Hormel Foods Expands International Team

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Austin, Minn.

Hormel Foods Corporation (NYSE: HRL) today announced that Swen Neufeldt, group product manager, Grocery Products, will advance to vice president of Hormel Foods International Corporation (HFIC) and director of business development – Asia.

“We are excited to have Swen in this strategic position as we aggressively drive our business in Asia, an area of emphasis for us internationally,” said Richard A. Bross, group vice president of Hormel Foods and president of HFIC. “Swen’s experience and results in Grocery Products and HFIC make him the perfect fit for this position.”

Neufeldt started his career with Hormel Foods in 1996 as a Grocery Products sales representative. Through the years, he has held a variety of positions in Grocery Products and HFIC including: territory manager, category management specialist, product manager, product and category development manager, senior product manager, general manager and group product manager.

Neufeldt and his family will relocate to Shanghai this summer.

About Hormel Foods

Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. The company is a member of the Standard & Poor’s 500 Index. Hormel Foods was named one of “The 400 Best Big Companies in America” by Forbes magazine for 10 consecutive years. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit https://www.hormelfoods.com.