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

Company: CONAGRA BRANDS INC.
Filing Date: 2025-08-06
Form: DEF 14A
Chunk 25
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 SEC rules). |

DIRECTOR STOCK OWNERSHIP REQUIREMENTS The Board has adopted stock ownership requirements for its non-employee directors. All non-employee directors are expected to acquire and hold shares of common stock of Conagra Brands during their tenure with a value of at least $525,000 (5 times the annual cash retainer for board service). All directors must acquire this ownership level within five years following their first election to the Board. Shares personally acquired by the non-employee directors through open market purchases, shares acquired upon settlement of RSUs, unvested RSUs, and share equivalents acquired upon the deferral of fees, are counted toward the ownership requirement. Unexercised stock options are not counted. Non-employee directors agree not to sell any shares of Company common stock until they have reached the guideline. During fiscal 2025, all of our Board members met the stock ownership guidelines or had less than 5 years of service on our Board and followed the retention requirement.

CONAGRA BRANDS 2025 PROXY STATEMENT 33

CORPORATE GOVERNANCE

NON-EMPLOYEE DIRECTOR COMPENSATION TABLE—FISCAL 2025

| ​                       | ​ |                           ​ | ​ |               ​ | ​ |                         ​ | ​ |       ​ |
| ​                       |   | Fees Earned or Paid in Cash |   | Stock Awards(1) |   | All Other Compensation(2) |   |   Total |
| Name                    | ​ |                          -$ | ​ |              -$ | ​ |                        -$ | ​ |      -$ |
| Anil Arora              |   |                     105,000 | ​ |         174,129 | ​ |                    10,000 | ​ | 289,129 |
| Thomas “Tony” K. Brown  |   |                     105,000 | ​ |         174,129 | ​ |                         0 | ​ | 279,129 |
| Emanuel “Manny” Chirico |   |                     105,000 | ​ |         174,129 | ​ |                         0 | ​ | 279,129 |
| George Dowdie           |   |                     105,000 | ​ |         174,129 | ​ |                         0 | ​ | 279,129 |
| Francisco Fraga         | ​ |                     105,000 | ​ |         174,129 | ​ |                         0 | ​ | 279,129 |
| Fran Hor