3 Our Stewardship Value: We protect the environment, ensure the well-being of our associates, provide for the welfare of the animals in our care, live up to our civic responsibilities and generate earnings for the future of our company. As we celebrated the PERDUE® brand’s 50th anniversary in 2018 and look to our company’s 100th anniversary in 2020, we are building on our past as we get ready for the next 100 years. It’s important to remember where we came from, our humble beginnings on the Eastern Shore of Maryland, while we embrace the business we have become. A quote from Jim’s dad, Frank Perdue, says it well: “I would far rather be the best than the biggest.” Despite being a much larger and more complex company today, we continue to strive to be the best through our vision “to be the most-trusted name in food and agricultural products.” We strive to align our practices with the values of our stakeholders and, in doing so, act with responsibility. That is the foundation of our corporate stewardship platform: “We believe in responsible food and agriculture.® ” In this report, you’ll see that we continue to get better through the practice of leading by listening, to those both inside and outside our company. We listened and learned from advocacy groups at our third Animal Care Summit and are enlisting farmers to help us create better poultry house enrichments. And, in our second appearance in the Business Benchmark on Farm Animal Welfare, we were among the top 17 companies in the world and the top two in the U.S. We asked our associates across the company to help identify obstacles and find solutions through innovative approaches such as “Rally Weeks", allowing us to make good progress toward our 2022 environmental goals. Leading by listening to our associates was also evident at our first Diversity and Inclusion Forum which, along with ongoing Diversity and Inclusion Councils within our operations, helped propel us onto the Forbes Best Employers for Diversity list. We are proud to share the progress we’ve made but we are certainly not done. Today, we are well-positioned to continue listening as we enter our second century. Four fourth-generation family members now work in the company, and they continue to carry our values forward as we work to be better, and move ever closer to becoming the most-trusted name in food and agricultural products. Thank you for reading, Jim Perdue, Chairman Randy Day, Chief Executive Officer Chairman & CEO's Message Jim Perdue Chairman Randy Day Chief Executive Officer