Statement about Pipeline Foods, LLC Chapter 11 Bankruptcy Filing Statement about Pipeline Foods, LLC Chapter 11 Bankruptcy Filing On July 8, 2021, Pipeline Foods, LLC announced that it and certain of its subsidiaries (collectively, “Pipeline Foods” the “Company” or “We”) filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code for the Company and certain affiliates. On July 12, the Company filed a subsequent petition covering Pipeline’s subsidiaries, Pipeline Foods, ULC (Canada) and Pipeline Foods Southern Cone S.R.L. (Argentina). Pipeline Foods determined that a Chapter 11 bankruptcy reorganization provides the best means to support its operations and to continue the process of selling the company in order to preserve company value and jobs. The first hearing was held on Wednesday, July 14, 2021, to obtain approval for the use of cash collateral. The budget for use of cash to meet ongoing operational expenses was approved. Federal law does not allow the Company to make payments on accounts of claims for goods and services that arose prior to the Chapter 11 filing without court approval. This is commonly referred to an as “automatic stay” which means any purchase or sale of products, including purchasing product or paying for product prior to a bankruptcy filing is not allowed unless approved by the court. Any unpaid obligations incurred by the Company on or before July 8, 2021 are prohibited from being paid at this time, except by order of the Bankruptcy Court. We regret the hardship this may present to our creditors, including farmers, producers and vendors and we hope we can work through issues together, in due time, with the least amount of disruption. If you have an outstanding, pre-petition claim against the Company (services or goods provided to Pipeline Foods, LLC, Pipeline Foods, ULC, Pipeline Foods Southern Cone S.R. L. , information about submitting a claim in the bankruptcy court can be found here: Online: https://cases.stretto.com/Pipelinefoods Phone: 855-288-5577 (U.S./Canada) or +1-949-377-1058 (International) Throughout this process, you can expect to receive various notices from the Bankruptcy Court alerting you to the filing, informing you of the meeting of creditors, as well as a notice of a “Claims Bar Date,” which is the date by which all claims must be filed. Do not be alarmed by these notices. Receipt of these notices does not mean that a party does in fact have a claim. The notice is a required step and must be sent to all parties that may have a claim against the Company. For information about prior contracts, existing contracts, delivered grain, or grain that has not been delivered, please contact the Company at: request@pipelinefoods.com Someone from the Company will get back to you as soon as we can. We value our relationship with you and appreciate your ongoing support and want to personally thank you for your ongoing patience. Sincerely, Pipeline Foods, LLC MINNESOTA HQ 6499 University Ave NE Ste 200 Fridley, MN 55432 GENERAL INFO 763-999-7556 NAVIGATION About Contact Careers © 2020 Pipeline Foods