Company: CAG
Filing Date: 2025-08-06
Form Type: DEF 14A
Source: 0000023217-25-000054
Chunk: 11

Company: CONAGRA BRANDS INC.
Filing Date: 2025-08-06
Form: DEF 14A
Chunk 11
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ment process. The Board’s refreshment process involves maintaining a strong ratio of independent directors, and reviewing and evolving the skills matrix and other criteria for Board membership to support the Company’s strategic priorities, the evolving risk landscape, and growth opportunities. The Board also enables planned refreshment through its retirement policy contained in the Conagra Brands Corporate Governance Principles (Corporate Governance Principles), which provides that no director may be nominated to a new term if he or she would be over age 75 at the time of the election. Director Nominees The following biographies provide more detail regarding each nominee including their age on August 6, 2025, the date of this Proxy Statement.

16CONAGRA BRANDS 2025 PROXY STATEMENT

PROPOSAL 1: ELECTION OF DIRECTORS

CONAGRA BRANDS 2025 PROXY STATEMENT 17

PROPOSAL 1: ELECTION OF DIRECTORS

18CONAGRA BRANDS 2025 PROXY STATEMENT

PROPOSAL 1: ELECTION OF DIRECTORS

CONAGRA BRANDS 2025 PROXY STATEMENT 19

PROPOSAL 1: ELECTION OF DIRECTORS

20CONAGRA BRANDS 2025 PROXY STATEMENT

PROPOSAL 1: ELECTION OF DIRECTORS

Independent Director Nominees To be considered independent, the Board must affirmatively determine that a director has no material relationship with Conagra Brands. In making its independence determinations, the Board applies the listing standards of the New York Stock Exchange (NYSE) and the categorical independence standards contained in our Corporate Governance Principles. The Board considers even immaterial relationships, including transactions, relationships, and arrangements with the Company, in its decision-making process to ensure a complete view of each director nominee’s independence.

| Anil Arora              | ​ | To take a holistic approach to its independence determinations, the Board also reviewed any commercial relationships between Conagra Brands and companies associated with our nominees during fiscal 2025, whether by board service, an ownership interest, employment, or employment of a family member. To the extent any relationships with these companies existed, they were determined to involve Conagra Brands’ purchase or sale of products and services in the ordinary course of business on arm’s-length terms in amounts and under other circumstances that did not affect the relevant directors’ independence under our Corporate Governance Principles or under applicable law and NYSE listing standards.The Board has determined that 9 of our 10 nominees for re-election at the Annual Meeting ,