Fresh Del Monte Produce (FDP) Proxy filing summary

Executive summary

• Celebrated 30 years since acquisition and 140 years of the brand, emphasizing strategic focus and operational efficiency over expansion.

• Completed acquisition of select Del Monte Foods assets, reuniting the brand under one organization and proposing a corporate name change to Del Monte Corporation.

• Achieved strong 2025 financial results: net sales of $4.32B, gross profit of $399M, net income of $91M ($178M adjusted), and reduced long-term debt.

• Advanced Specialty Ingredients platform and sustainability initiatives, including significant reductions in emissions and waste.

Voting matters and shareholder proposals

• Four proposals: elect two directors for three-year terms, ratify Ernst & Young LLP as auditor, advisory vote on executive compensation, and approve amended Memorandum and Articles of Association (including name change).

• Board recommends voting FOR all proposals.

• Only shareholders as of April 13, 2026, may vote; virtual-only meeting format.

Board of directors and corporate governance

• Board consists of eight directors, majority independent, with diverse backgrounds and skills.

• Classified board structure with staggered three-year terms.

• Lead independent director presides over executive sessions; annual board self-evaluation and director resignation policy in place.

• Committees: Audit, Compensation, and Governance, all with independent members.

• Shareholder nomination process and diversity considered in board composition.