CHICAGO- Conagra Brands, Inc. (NYSE: CAG) today announced that its Board of Directors approved a quarterly dividend payment of $0.33 per share of CAG common stock to be paid on September 1, 2022 to stockholders of record as of the close of business on August 3, 2022. This represents a 5.6% increase over Conagra Brands' previous quarterly dividend. The new quarterly dividend of $0.33 per share is equivalent to $1.32 per share annually.

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 Birds Eye, Marie Callender's, Banquet, Healthy Choice, Slim Jim, Reddi-wip, and Vlasic, as well as emerging brands, including Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera, offer choices for every occasion. For more information, visit www.conagrabrands.com.

For more information, please contact:

MEDIA: Mike Cummins

312-549-5257

Michael.Cummins@conagra.com

INVESTORS: Melissa Napier

312-549-5002

IR@conagra.com

SOURCE Conagra Brands, Inc.

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