Tyson Foods (TSN) investor relations material

Opening remarks and agenda

• Meeting called to order, reflecting on 91 years of progress and the company's values-driven culture.

• Recognition of over 130,000 team members and their contributions to company standards and community impact.

• Introduction of new board members, including Sarah Bond, John Randall, and Olivia, emphasizing generational leadership and accountability.

Board and executive committee updates

• Board slate presented and all directors elected by clear majority vote.

• Appointment of John H. Tyson and Jeff K. Schomburger to the proxy committee.

• Jeff Schomburger to serve as independent lead director for the forthcoming year.

Financial performance review

• Fiscal 2025 sales reached $54.4 billion, up 2.1% year-over-year.

• Operating cash flows totaled $2.2 billion, with capital expenditures at $978 million and dividends at $697 million.

• Ended year with $3.7 billion in liquidity and net leverage at 2.1x, showing improved financial strength.

• $893 million returned to shareholders via dividends and share repurchases.

• Annual dividend per Class A share increased to $2.04 for fiscal 2026, marking 14 consecutive years of increases.