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Hormel Foods Responds to Hagens Berman Lawsuit

Austin, Minn.

The company is confident that any allegations are completely without merit.

Hormel Foods Corporation (NYSE: HRL) today issued a statement in response to a press release from Hagens Berman.

“Hormel Foods is a 127 year old global branded food company with a reputation as one of the most respected companies in the food industry. We are confident that any allegations such as these are completely without merit. We intend to vigorously defend this lawsuit.”

Hormel Foods was named in the lawsuit, along with several large companies in the pork industry.

Additionally, the Jennie-O Turkey Store brand was named in the press release, but is not named in the lawsuit.

The company is represented by Faegre Baker Daniels.

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®, Columbus®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the tenth 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 https://www.hormelfoods.com/global-impact/.