International Food Company

• Operations in 12 countries • 80 + facilities• 510 + company-owned farms• 2,800 + contract growers

• 47,000 employees • Sales to 36 + countries • 12 + strategic brands • Annual sales > $12 billion

Our Brand Portfolio

United States International

Food Industry Leader

#1 U.S. Packaged Pork Company

#1 World Pork Processor

#1 World Hog Producer

#1 Market share in several European countries

Our Mission

“To be a trusted, respected and ethical food industry leader that excels at bringing delicious and nutritious meat and specialty food products to millions every day while setting industry standards for corporate social responsibility.”

Smithfield’s Sustainability Program

ISO 14001 Certification and EMS Systems

Environmental Awards Program

Web-based Training Program

Environmental Compliance Committee (ECC)

PQA Plus® Certification

Conversion to Group Housing

Animal Welfare Committee

Limited use of Antibiotics

CO2 Stunning

State-of-the-Art Facilities/ Technology

Food Safety Policy

Food Safety Auditing

Traceability

Cloning Policy

Sodium Policy

Employee Injury PreventionManagement System (EIPMS)

Corporate Management

Safety Awards

Human Rights Policy

Learners to Leaders®

Helping Hungry Homes®

World Water Monitoring Day

FFA Environmental and Natural Resources Award

Goals and Targets

Goals Eliminate NOVs And Reduce Natural Resource Demand

Targets 10% Reduction in

Energy, Water Use, and Waste from 2008 Baseline (Normalized) By FY 2016

Goal Keep Our Animals Safe, Comfortable, And Healthy

Targets Build Upon

Industry Leadership

TQA, PQA Certifications (Processing)

PQA Plus® Cert (Production)

Goals Deliver Safe, High Quality Meat Products With No Recalls

Targets 100% GFSI

Certification

100% USDA Process Verified

Assess Nutrition Issues Like Salt Content, Obesity

Goal Reduce Employee Injury Rates

Targets (partial) Meet Or Beat General Industry Average

Annual Audits

Achieve Hourly Employee Engagement To 25% By FY 2015

Goals Food For Those In Need And Enhance Education In Our Communities

Targets (partial) 1 M Servings/YearUnder Helping Hungry Homes®

2 Learners To Leaders®/IOC

Community Clean Ups

Environmental Stewardship Program

Environmental Stewardship

Environmental Awards Program

Technology & Research

Environmental enhancement grants

Pollution prevention

Performance tracking and continuous improvement

Reduce overall footprint

ISO 14001 Certified

ISO 14001

Certified

Meet a stringent set of internationally

respected environmental

management standards

Industry first in hog production and

processing

AgriPlus became the first Polish operation to obtain ISO 14001 certification in

2005, with feed mills added in 2010

More than 95 percent of Smithfield Foods locations

worldwide are now certified

ResultsResults

Steady reduction in NOVs and fines

Environmental Awards

--60% reduction in water use

--46% reduction in electricity

consumption --$211M net

cumulative cost reductions

Third party recognition and

improved reputation

Employee Safety Program

EmployeeSafety

Corporate Management

Safety Policy

EIPMS

Annual Conference &

Awards

OSHA Total Case Rates vs. Meat Industry Rates (2005-2010)Work Related Injuries and Illnesses

2005 2006 2007 2008 2009 2010

8.96 8.74

6.76 6.586.17

4.66

9.1 9.1

8.4

7.56.9

Smithfield

Meat Industry Rates

Animal Care Program—PQA+

AWMS

Unified approach for animal care and food safety

issuesTraining and on-

farm assessments

Random third-party audits

Certification updated every

three years

Food Safety & Quality Program

Food Safety

Auditing

Technology & Training

Food Safety Council

Traceability

Policy

National Food Safety Example: Trichinosis

Increased Feed Quality

Sanitation

Increased Traceability

Education of Public on Cooking Procedures

Higher Quality Housing Systems

Community Involvement

Feeding Hungry People

Helping Hungry Homes Program

1 million servings donated each

year

Inspiring Hungry Minds

Smithfield-Luter Foundation Scholarships

Learners to Leaders Program

Seeing Results

Sales

MoraleCertainty

External recognition Community Support

Partnerships

Reduction in legal risks

Millions saved

Smithfield Aims to Make

Pork the Sustainable White

Meat –TriplePundit.com, May 2, 2011 Smithfield Foods: Making Sustainability a Core Value -NAM Member Focus, May

2011

Smithfield Foods Moves Up on Newsweek’s

List of Top U.S. “Green” Companies -October, 19,

2011

Claremont McKenna College Awards Smithfield Foods an A+ for its 2009-2010 Corporate Sustainability Report -August 22,2011

Smithfield Foods Invites Conversation With Launch of New smithfieldcommitments.com Website –November 1, 2011

Seeing Results

Seeing Results

• Claremont McKenna College

• FTSE4Good International Index

• Fortune Most Admired Companies

• McDonald’s Supplier Sustainability Award

• Trust Across America’s Most Trustworthy Company

• Meatingplace Knowlton Award

Where To Go From Here?• Addition of 6th Pillar—Economics• New Targets in Existing Pillars:

20

Add:

• 10% GHG Reduction

• 1 Zero Waste Facility By 2018

• A Minimum Of 1 New Packaging Reduction Success/Year/IOC

• Supplier Engagement

Add:

• 30% Pen Housing Conversion by 2011

Add:

• Focus on Health and Nutrition

Add:

• Focus on Health and Nutrition

Add:

• Focus on Health and Nutrition

• Develop A Policy Focused On Variety To Suit Needs And Lifestyles

• Each IOC To Develop Health And Wellness Program for Employees

• Each IOC To Sponsor Programs Aimed At Creating A Health And Wellness Culture In Our Communities

Health & Nutrition Program Targets

Improving Transparency CSR Report: Social Media:

• New Summary Report• New web-based detailed

report• First-time IOC Reports• 2012– integrated 10k

www.smithfieldcommitments.com

www.twitter.com/SmithfieldCSR

www.facebook.com/SmithfieldFoods

www.YouTube.com/SmithfieldFoods

• 160,000+ YouTube views• Active dialogue during crisis• New CSR site provides real-time web

updating • Videos depicting real farm activities

Social Media

Think Big. Think Differently.

• Think like EPA• Think like an animal lover• Think like a neighbor• Think like someone who has never been on a farm• Think like a customer• Think like a philosopher• Think like a consumer

Let’s have a conversation…

www.smithfieldfoods.com

www.smithfieldcommitments.com

www.twitter.com/SmithfieldCSR

www.facebook.com/SmithfieldFoods

www.YouTube.com/SmithfieldFoods

Contact me at: dennistreacy@smithfieldfoods.com