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Legal Disclosure

This presentation contains forward-looking

information based on management

s curren

views and assumptions. Actual events may

materially. Please refer to the cautionarystatement and risk factors on pages 33-38 i

Company

s Form 10-Q fi led June 7, 2013.

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Jeff Ettinger

Chairman, President & CEO

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International Trip

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Hormel Foods: A Growth St

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10 Year EPS History

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$0.50

$1.00

$1.50

$2.00

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Keys to Growth

Balanced Model

Leading Brands

Innovation

Strategic Acquisitions Experienced Team

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Deep Supply Chainsin Pork and Turkey

Packaged Foods

Balanced Model

Financially Conservative

Retail

Protein

PurchaseEverything Else

Innovative Culture

Foodservice

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Our Balanced Model In Act

FY 2008

FY 2009

FY 2010

Grocery

ProductsRefrigerated

Foods

Jennie-O

Turkey Store

Specialty

Foods

Year-Over-Year Decl ineYear-Over-Year Growth

- 27%

11%

65%

43%

16%

-25%

Segment Operating Profit

FY 2011

5%

9%

- 4%

4%

12%

12%

22%

7%

22%

6%

-22%

2%

14%

- 2%

18%

-5%

8%

33%

FY 2012

YTD 2Q 2013

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Leading Brands

At least 34 products have #1 or #2 market sharepositions in their category

These categories span our Grocery Products, MeatProducts and Jennie-O Turkey Store segments

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Investments in Brand Stren

HormelCampaign

SPAM(U.S. and Abroad)

Jennie-O Turkey StoreCampaign

Make the Switch

Herdez

Con Toda ConfianzaEs Herdez

HormelREV

For Those Who Are Hungry

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Growth From Acquisit ion

Grocery Products: Trad

20062001

Grocery Products: Me

Specialty FoodsRefrigerated Foods: Convenience Meals

Refrigerated Foods: Value-Added Protein

2004 2006 2006 2007 2005 2009 2010

2002003200220102005

Jennie-O: Value-Added Turkey

Provena Foods Inc.

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Experienced Team

Steve BinderExecutive Vice President

and President, HormelBusiness Units

Jody FeragenExecutive Vice President

and Chief Financial Officer

Jim SplinterGroup Vice President,

Grocery Products

Jim SneeGroup Vice Pre

President, HorInternational C

Don KreminGroup Vice President,

Specialty Foods

Glenn LeitchGroup Vice President;

President, Jennie-OTurkey Store, Inc.

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Thank You!