MISSION STATEMENT

The following AIPC goals are the founding principles of our Company, and incorporate the values that have given us the vision and focus to produce the world’s finest pasta.

Growth & Profits — Achieve short and long-term growth in sales and profits and maximize value to our shareholders.

AIPC’s People — Build a team of quality-minded and results-oriented people and provide an environment that encourages innovation, continuous improvement, superior performance, recognizes achievements and helps our people reach their full potential.

Customer Offering — Provide inspirational customer service and products of superior quality in a culture that drives toward lowest total delivered cost and continuous improvement in customer satisfaction.

Corporate Identity — To be a customer-driven and quality-minded Company based on and committed to our guiding principles of integrity, fairness, performance and consistency.

ABOUT THE COVER

2001 was a significant year for AIPC as we opened a new window to growth by becoming the second largest supplier of retail branded pasta in the United States through two acquisitions. The branded pasta market segment is the largest segment and we are well positioned to grow revenues and profits by owning eight strong brands. AIPC is a leader in other segments of the market as well:

• Retail Private Label Market – Since 1990	• Food Service Market – Since 1989
• Industrial/Ingredient Market – Since 1990	• Mass Merchant Market – Since 1994
• Imported Pasta Market – Since 2000

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