Company: CAG
Filing Date: 2025-08-06
Form Type: DEF 14A
Source: 0000023217-25-000054
Chunk: 3

Company: CONAGRA BRANDS INC.
Filing Date: 2025-08-06
Form: DEF 14A
Chunk 3
---
 undergoing a dramatic transformation. To remain successful, our Company must be disciplined, agile, and focused on the execution of Conagra’s growth strategy.The independent Directors are confident in Sean Connolly’s leadership as CEO and the strength and depth of our leadership team. Sean and his team are deeply committed to delivering superior shareholder value over the long term. The independent Directors are committed to providing proper guidance and oversight through dynamic engagement with management and by maintaining a collegial and collaborative culture.Thank you for your investment in Conagra Brands and for your ongoing support.Sincerely,Richard H. Lenny 
 Independent Chair of the Board of Directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

4CONAGRA BRANDS 2025 PROXY STATEMENT

NOTICE OF 2025 ANNUAL MEETING OF SHAREHOLDERS

Notice of 2025 Annual Meeting of Shareholders Meeting Information

| Attend OnlineOnce again, the 2025 Annual Meeting of Shareholders (Annual Meeting) of Conagra Brands, Inc. will be held in a virtual forum only with no physical location. The Annual Meeting will include a brief report on our business, a discussion of and voting on matters described in the Notice of 2025 Annual Meeting of Shareholders and Proxy Statement, and a question-and-answer session. We believe the virtual format is advantageous to the Company by reducing our costs and advantageous to our shareholders who are able to attend our meeting from anywhere in the world at no cost. To attend and participate in the Annual Meeting, you will need the 16-digit control number included on your Notice of Internet Availability of Proxy Materials, proxy card, or voting instruction form. You may also ask questions, vote online, and examine our shareholder list during the Annual Meeting by following the instructions provided at www.virtualshareholdermeeting.com/CAG2025. Please see “Additional Information about the Meeting” in this Proxy Statement for details regarding the Annual Meeting. |

Items of Business

| Proposal Number |   |                                                                                        | ​ | Board Recommendation |   |              | ​ | Page Reference |
| 1               |   | Election of directors                                                                  |   | ✓                    |   | Vote FOR ALL |   |             14 |
| 2               | ​ | Advisory vote to approve named executive officer compensation                          | ​ | ✓                    | ​ | Vote FOR     | ​ |             35 |
| 3               | ​ | Ratification of the appointment of KPMG LLP as our independent auditor for fiscal 2026