Company: BRID
Filing Date: 2025-05-13
Form Type: DEFA14A
Source: 0001641172-25-009991
Chunk: 2

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-05-13
Form: DEFA14A
Chunk 2
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 financial performance, the payment of the bonuses is ultimately subject to the discretion of the Compensation Committee.    
 See “COMPENSATION DISCUSSION AND ANALYSIS – Total Compensation for Executive Officers – Discretionary Cash Bonuses.”                  |
| (5) | This                                                                                                                                  
 column includes the aggregate positive change in actuarial present value of each NEO’s accumulated benefit under all defined          
 benefit and supplemental pension plans. In accordance with SEC rules, to the extent the aggregate change in present value of all      
 defined benefit and supplemental pension plans for a particular fiscal year would have been a negative amount, the amount has instead 
 been reported as $0 and the aggregate compensation for the NEO in the “Total” column has not been adjusted to reflect                 
 the negative amount. In addition, to the extent that the change in present value of any particular defined benefit or supplemental    
 pension plan for a particular year was a negative amount, the negative amount has not been used to offset the positive change in      
 present value associated with the other applicable defined benefit or supplemental pension plans. The aggregate change in the present 
 value of the non-qualified deferred compensation plan and pension and retirement benefits for the NEOs in fiscal years 2024 and 2023  
 was as follows: (i) for fiscal year 2024, Michael W. Bridgford ($3,670) and Cindy Matthews-Morales ($10,372), and (ii) for            
 fiscal year 2023, Michael W. Bridgford (-$1,173), Baron R.H. Bridgford II (-$62,138) and Cindy Matthews-Morales ($43,378).            |
| (6) | Consists                                                                                                                              
 of (i) $8,000 payment to offset the cancellation of health benefits, and, as applicable, (ii) matching contributions of the Bridgford 
 Foods Retirement Savings 401(k) plan made by the Company on behalf of each of the NEO’s.                                              |

Pay Versus Performance Disclosure

Pursuant to Item 402(v) of Regulation S-K of the Exchange Act, the following table sets forth information about the relationship between the compensation actually paid to our principal executive officer, or PEO, and non-PEO named executive officers, or Non-PEO NEOs, and certain performance metrics of the Company. For further information regarding executive compensation for our named executive officers, refer to “COMPENSATION DISCUSSION AND ANALYSIS - Compensation Of Executive Officers.”

|      | Year |   | Summary