RESPONSIBLY - Tyson 2019 Sustainability Report

Grow

RESPONSIBLY

Sustain OUR WORLD

Deliver PROGRESS

2019 SUSTAINABILITY REPORT

Approach --

We take a holistic approach to sustainability focused on social, environmental and economic stewardship.

IN THIS SECTION

3 Our Business 6 CEO Message 7 CSO Message 8 Sustainability Strategy

10 Commitments 11 Governance 12 Materiality 14 Stakeholder Engagement

2019 SUSTAINABILITY REPORT

APPROACH

Our Business

We are a company guided and grounded by our purpose: raising the world's expectations for how much good food can do.

For more than 80 years, we have been committed to revolutionizing the food industry. John Tyson built our company on providing generations of families with wholesome, great-tasting chicken. We are proud of our heritage. Today's Tyson Foods is much more. As values and behaviors around food have changed, so have we. Today, we're innovators uniquely positioned to reshape what it means to feed our world. Our broad portfolio of high-quality products and brands include:

products, appetizers, snacks, prepared meals, ethnic foods, side dishes, meat dishes, breadsticks and processed meats.

? Commodity Meat and Poultry: Fresh chicken, beef and pork, and specialty meats.

? Alternative Proteins: Investments in alternative protein ventures, as well as our own line of plant-based and blended proteins.

? Value-Added Chicken: Our value-added chicken products primarily include breaded chicken strips, nuggets, patties and other ready-to-fix or fully cooked chicken parts.

? Prepared Foods: Products primarily include ready-to-eat sandwiches, sandwich components such as flame-grilled hamburgers and Philly steaks, pepperoni, bacon, breakfast sausage, turkey, lunchmeat, hot dogs, flour and corn tortilla

Reach

We make food in 10 countries, on three continents and sell food all over the world. During the year, we sold products in approximately 145 countries, with major sales markets in Australia, Canada, Central America, Chile, China, the European Union, Japan, Malaysia, Mexico, the Middle East, South Korea, Taiwan and Thailand.

Scale & Scope FY2019

$42.4 Billion

REVENUES

141 Thousand

EMPLOYEES

$97 Million

RESEARCH AND DEVELOPMENT SPENDING

3

$33.1 Billion

TOTAL ASSETS

2019 SUSTAINABILITY REPORT

APPROACH > OUR BUSINESS

By-the-Numbers FY2019

SALES BY SEGMENT

3% 10%

36%

Beef: 36%

20%

Chicken: 31% Prepared Foods: 20%

Pork: 10%

Other: 3%

31%

SALES BY DISTRIBUTION CHANNEL

11%

13%

45%

Consumer Products: 45%

Foodservice: 31%

International: 13%

Industrial & Other: 11% 31%

GLOBAL WORKFORCE (U.S./INTERNATIONAL)

19,000 122,000

U.S.: 122,000 Outside U.S.: 19,000

Beef

155,000

APPROX. AVG. HEAD PER WEEK AVG. CAPACITY UTILIZATION 85%

Pork

461,000

APPROX. AVG. HEAD PER WEEK AVG. CAPACITY UTILIZATION 90%

Chicken

45,000,000

APPROX. AVG. HEAD PER WEEK AVG. CAPACITY UTILIZATION 87%

Prepared Foods

76,000,000

APPROX. AVG. POUNDS PER WEEK AVG. CAPACITY UTILIZATION 86%

98

TURKEY FARMERS

1,617

HOG FARMERS

9,247

TOTAL FARMERS

3,607

CATTLE FARMERS

3,925

CHICKEN FARMERS

4

2019 SUSTAINABILITY REPORT

APPROACH > OUR BUSINESS

A Global Supply Chain Built on Innovation

Continuous research and development inform every choice we make about our products -- from growing animal feed more sustainably to improving animal welfare outcomes to lowering the carbon footprint of our operations to innovating new products.

Food Ideas & Innovations

We gather consumer insights and apply the latest food science to develop new products.

Procurement

CHICKEN Young chicken stock are purchased from poultry breeding companies and are raised on farms that produce hatching eggs. We also purchase day-old chicks from independent hatcheries which are raised as broilers.

CATTLE We employ cattle buyers to visit independent feed yards and public auctions to buy live cattle that are sent directly to processing.

PIGS The majority of our live pig supply is purchased from independent producers and sent directly to processing.

TURKEY We buy day-old turkey poults from an independent hatchery, and most are raised by independent contract growers until they are transported for harvest.

RAW MATERIALS We procure meat and other animal ingredients such as eggs or cheese to include in our high-quality food products.

Raising Animals

CHICKEN Hatching eggs are transported to the hatcheries for incubation. Twenty-one days later, the broiler chicks are moved to broiler farms and raised by independent contract growers until they are ready to harvest.

PORK We raise a small number of sows. We work with independent contract producers to raise the offspring of those sows to market weight.

Feeding Animals

We procure the ingredients and produce our own scientifically formulated feed that primarily includes corn and soybean meal for poultry and the limited number of sows that we raise.

Rendering

Animal byproducts from processing are used in animal and pet food.

Distribution

Finished food is transported to retailers, stores, schools and institutions, or exported.

5

Processing

Live animals are harvested and converted into high-quality food.

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