RECRUITING & RETAINING LOCAL TALENT

UNIVERSITY OF AKRON COMMITMENT

• Founded in 1897 by Jerome M. Smucker

• Headquartered in Orrville, Ohio

• Five generations of family management

• Commitment to quality and consumer trust

• Principles-based Company

COMPANY HISTORY

OUR PURPOSE

Helping to bring families together to share memorable meals and moments.

OUR COMMITMENT TO EACH OTHER

Quality, People, Ethics, Growth, Independence

BASIC BELIEFS

With A Name Like Smucker’s, It Has To Be Good

OUR BRANDS $8 Billion

$8 Billion is an FY16 projection

RECRUITING GREAT EMPLOYEES

ATTRACTING THE “RIGHT” TALENT

REFERRALS INTERNS &

PARTNERSHIPS

• Embody our values and attributes

• Share a passion for Our Purpose and Family of Brands

• Long-term career not just an individual job

• Get “right people” on the bus, then in the “right seats”

• Promote from within, whenever possible, balanced with hiring external talent to continuously strengthen our organization

• Post open positions to provide career growth and visibility

• Leaders who take an active role in employee growth and development

HIRING PHILOSOPHY

PRESERVING OUR CULTURE

TALENT SOURCING STRATEGY

REFERRAL PROGRAM

50%

INTERNSHIP PROGRAM

45%

OTHER 5%

FY03

Our unique culture and expanding portfolio of iconic brands have enabled our long-term

transformational growth.

Net Sales in Billions

Our Family of Brands in FY02

FY02 FY05 FY08 FY09 FY12 FY14

Our Founding brand

FY15 FY16E*

*Projected net sales

$5.6 $5.5

$3.8

$2.5 $2.0

$5.7

$8.0

$1.3 $0.6

Our Expanding Family of

Brands

TRANSFORMATIONAL GROWTH

Other

Baking Mixes and Frosting

Shortening and Oils

Fruit Spreads

Peanut Butter

17%

4%

4%

4%

9%

Coffee 32%

Pet Food and Snacks

30%

FY15 PRO FORMA SALES BY CATEGORY*

Shelf-stable Food and Beverage Manufacturer in

$245 Billion U.S. Center of the Store**

8th LARGEST

*Reflects a full-year sales contribution from the Pet Foods business

**Source: IRI InfoScan Reviews – 52 weeks ended August 9, 2015

ATTRACTIVE & RESILIENT CATEGORIES

U.S. LOCATIONS

~1,500 employees at Orrville Corporate

Office

REFERRAL PROGRAM

• Bring the best of who they know

• Share our Company values

• Help identify hard to find experiences and skills

• Incent for most difficult positions

• Eligible for $2,500-7,500 award

OUR EMPLOYEES ARE

OUR BEST RECRUITERS

INTERNSHIP PROGRAM

• Attract the best students

• Provide rewarding experiences

• Hire the best interns

• Build relationships

160 INTERNS/YEAR

70% HIRING GOAL

TARGETED PARTNER UNIVERSITIES

RETAINING GREAT EMPLOYEES

CULTURE LEARNING &

DEVELOPMENT

EMPLOYEE

EXPERIENCE

TRIPLED SALARIED EMPLOYEES SINCE 2005

AVERAGE TENURE = 10 YEARS

ELEMENTS OF A REWARDING CAREER EXPERIENCE

CULTURE LEARNING &

DEVELOPMENT

EMPLOYEE

EXPERIENCE

• Basic Beliefs

• Our Commitment to Each Other

• Relationships

• Leadership

• Work Environment

• Management Philosophy

• Every Employee Makes a Difference

• Orientation & Onboarding

• Mentorship

• Training

• Performance Management

• Career Development

• Tuition Reimbursement

• Competitive Benefits & Compensation

• + Smucker Experience

Inextricably linked and each drives the other

EMPLOYEES ARE FAMILY

A UNIQUE CULTURE

• Live Our Basic Beliefs & Commitment

• Cultivate Manager- Employee Relationship

• Work as “We”, the Team

• Foster Warm, Welcoming “Family” Environment

CONTINUOUSLY INVEST IN & COMMUNICATE

HOW OUR EMPLOYEES DESCRIBE OUR CULTURE

Family Caring

Quality

Fun

Heritage

Pride

Trusting

Open Door Policy

Stability

Sense of Community

Ethical

Personable

Growth

People-Focused

Good Eats

Humorous

Transparent

Adaptable

Intelligent Humbly-Proud

Friendly

Genuine

Optimistic

Laughter

ROOTED IN OUR GROWTH & PEOPLE

BASIC BELIEFS

COMMITMENT TO LIFE-LONG LEARNING &

CONTINUOUS IMPROVEMENT

SHARED RESPONSIBILITY, EMPLOYEE

ULTIMATELY OWNS

SHARED PARTNERSHIP

SUPPORTED AT ALL STAGES OF A CAREER

NO TWO PEOPLE OR PLANS ARE THE SAME

LEARNING IN A CULTURE OF GROWTH

LEARNING & DEVELOPMENT PHILOSOPHIES

LEARNING IN A CULTURE OF GROWTH

Offerings at Every Stage of a Career Classroom Social Learning Experiential Learning . .

LEARNING & DEVELOPMENT FRAMEWORK

CA

REER

STA

GE

LEARNING & DEVELOPMENT AT SMUCKER

NEW

EMPLOYEES

PROFESSIONALS & TECHNICAL

EXPERTS

PEOPLE MANAGERS

LEADERSHIP SENIOR

LEADERSHIP

“OUR COMPANY” TRAINING – “WHY WE ARE, WHO WE ARE”

EMPLOYEE EXPERIENCE – TOTAL COMPENSATION

BEYOND BENEFITS & COMPENSATION

INVESTING IN OUR FUTURE

FITNESS

CENTER

CHILD DEVELOPMENT

CENTER HEALTH &

WELLNESS CENTER

RENEWAL

LOUNGE

CAMPUS

ENVIRONMENT THE ORCHARD

INVESTING IN OUR FUTURE

FARMER’S

MARKET

BRING YOUR DOG

TO WORK DAY FAMILY DAY

SMUCKER EXPERIENCE IN ACTION

Q&A

RECRUITING & RETAINING LOCAL TALENT