News Release

Conagra Brands Completes Sale Of Its Canadian Del Monte® Processed Fruit And Vegetable Business To Bonduelle Group

Jul 4, 2018, 1:30 AM EDT

CHICAGO, July 4, 2018 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that it has completed the divestiture of its Canadian Del Monte processed fruit and vegetable business to Bonduelle Group. The transaction is valued at approximately CA$43 million, which is approximately US$32 million at the current exchange rate.

Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies.

About Conagra Brands

Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Marie Callender's^®, Reddi-wip^®, VH^®, POGO^®, Hunt's^®, Healthy Choice^®, Slim Jim^® and Orville Redenbacher's^®, as well as emerging brands, including Alexia^®, Blake's^®, Frontera^®, Duke's^® and Angie's^® BOOMCHICKAPOP^®, offer choices for every occasion. For more information, visit www.conagrabrands.com.

For more information, please contact:
MEDIA:
Dan Hare
312-549-5355
Daniel.hare@conagra.com

INVESTORS:
Brian Kearney
312-549-5002
ir@conagra.com

SOURCE Conagra Foods