Hormel Foods Corporation is a multinational manufacturer and marketer of consumer-branded meat and food products, many of which are among the best known and trusted in the food industry. 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. Hormel Foods Corporation is composed of more than 12,200 employees, including subsidiaries. There are approximately 11,200 record shareholders of the company's stock and another 12,500 shareholders whose shares are held in street name by brokerage firms and financial institutions.

Trademarks Throughout this Annual Report to Shareholders, references in italic represent valuable trademarks owned or licensed by Hormel Foods Corporation or its subsidiaries.

Internet Sites Hormel Foods Corporation has a presence on the Internet through a number of sites, including: