Pilgrim's Pride Investor Presentation — December 2022

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Pilgrim’s Pride Corporation

(NASDAQ: PPC)Financial Results for Fourth Quarter and Year Ended

December 25, 2022Cautionary Notes and Forward -Looking Statements

◼Statements contained in this press release that state the intentions, plans, hopes, beliefs, anticipations, expectations or p redictions of the future of Pilgrim’s Pride

Corporation and its management are considered forward -looking statements. Without limiting the foregoing, words such as “anticip ates,” “believes,” “estimates,”

“expects,” “intends,” “may,” “plans,” “projects,” “should,” “targets,” “will” and the negative thereof and similar words and expressions are intended to identify

forward -looking statements. It is important to note that actual results could differ materially from those projected in such for ward -looking statements. Factors that

could cause actual results to differ materially from those projected in such forward -looking statements include: the impact of t he COVID -19 pandemic, efforts to

contain the pandemic and resulting economic downturn on our operations and financial condition, including the risk that our h ealth and safety measures at

Pilgrim’s Pride production facilities will not be effective, the risk that we may be unable to prevent the infection of our e mployees at these facilities, and the risk

that we may need to temporarily close one or more of our production facilities; the risk that we may experience decreased pro duction and sales due to the

changing demand for food products; the risk that we may face a significant increase in delayed payments from our customers; a nd additional risks related to

COVID -19 set forth in our most recent Form 10 -K and Form 10 -Q filed with the SEC; matters affecting the poultry industry general ly; the ability to execute the