Landec Corporation Investor Presentation — January 2022

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CONFIDENTIAL 1Lifecore Biomedical

Investor Presentation

Progress madewww.lifecore.com

(Nasdaq: LNDC)This presentation contains forward-looking statements regarding future events and our future results that are subject to the safe

harbor created under the Private Securities Litigation Reform Act of 1995 and other safe harbors under the Securities Act of 1933 and

the Securities Exchange Act of 1934. Words such as “anticipate”, “estimate”, "potential," "target," “expect”, “project”, “plan”, “intend”,

“believe”, “may”, “might”, “will”, “should”, “can have”, “likely” and similar expressions are used to identify forward-looking statements.

All forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially, including such

factors among others, as the timing and expenses associated with operations, the ability to achieve acceptance of the Company’s

new products or obtain arrangements with new customers in the market place, the timing and ability to obtain regulatory approvals

(including by us and our customers), government regulations affecting our business, the ability to maintain and grow existing client

relationships and manage expenses, uncertainties related to COVID-19 and the impact of our responses to it. For additional

information about factors that could cause actual results to differ materially from those described in the forward-looking statements,

please refer to our filings with the Securities and Exchange Commission, including the risk factors contained in our most recent

Quarterly Report on Form 10-Q and Annual Report on Form 10-K. Forward-looking statements represent management’s current

expectations and are inherently uncertain. We do not undertake any obligation to update forward-looking statements made by us to

reflect subsequent events or circumstances that may arise after the date of this presentation.Important Information Regarding

Forward-Looking Statements

2Lifecore Business Highlights

Large, growing addressable markets with

attractive underlying tailwinds supported by long-term

customer relationships and low turnover35+ years of exceptional quality, safety, and regulatory

compliance with available capacity & state-of-the-art

facilities to support future growthA leading provider of premium research grade HA with

focus on complex and highly regulated products

Highly experienced Lifecore management team with

deep industry expertise and proven ability to

executeFully-integrated CDMO with highly differentiated