Company: CAG
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001104659-25-067959
Chunk: 9

Company: CONAGRA BRANDS INC.
Filing Date: 2025-07-15
Form: 424B5
Chunk 9
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 our ability to deleverage on currently anticipated timelines, and to continue to access capital on acceptable terms or at all;

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risks related to the Company’s competitive environment, cost structure, and related market conditions;

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risks related to our ability to respond to changing consumer preferences including health and wellness perceptions and the success of our innovation and marketing investments;

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risks associated with actions by our customers, including changes in distribution and purchasing terms;

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risks related to the seasonality of our business;

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risks associated with our contract manufacturing arrangements and other third-party service provider dependencies;

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risks associated with actions of governments and regulatory bodies that affect our businesses, including the ultimate impact of new or revised regulations or interpretations including to address climate change;

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risks related to the Company’s ability to execute on its strategies or achieve expectations related to environmental, social, and governance matters, including as a result of evolving legal, regulatory, and

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other standards, processes, and assumptions, the pace of scientific and technological developments, increased costs, the availability of requisite financing, and changes in carbon pricing or carbon taxes;

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risks related to a material failure in or breach of our or our vendors’ information technology systems and other cybersecurity incidents;

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risks related to our ability to identify, attract, hire, train, retain and develop qualified personnel;

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risk of increased pension, labor or people-related expenses;

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risks and uncertainties associated with intangible assets, including any future goodwill or intangible assets impairment charges;

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risks relating to our ability to protect our intellectual property rights;

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risks relating to acquisition, divestiture, joint venture or investment activities;

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the amount and timing of future dividends, which remain subject to Board approval and depend on market and other conditions;

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the amount and timing of future stock repurchases; and

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other risks described in our reports filed from time to time with the SEC.

The forward-looking statements in this prospectus supplement and in the documents incorporated by reference speak only as of the date of (or other date specified in) the document in which the forward-looking statement is made, and we undertake no responsibility to update any forward-looking statement, except as required by law.

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### SUMMARY
The following summary information is qualified in its entirety by the information contained elsewhere in this prospectus supplement and the accompanying prospectus, including the documents we have incorporated by