Cal-Maine Foods Welcomes Dudley D. Wooley to Board of Directors
RIDGELAND,Miss., Apr.1,2026- Cal-MaineFoods,Inc.(NASDAQ:CALM), thelargest egg
companyintheUnitedStatesandaleadingplayerintheegg-basedfoodindustry,today
announcedtheappointmentofDudleyD.WooleytoitsBoardofDirectors.Mr.Wooleybrings
extensive leadership experience in risk management, business strategy, and governance, further
strengthening theBoard's depthof expertiseas theCompany continuesexecuting itslong-term
growth strategy.
Mr. Wooley currently serves as Chief ExecutiveOfficer of Ross & Yerger Insurance, Inc.,a super-
regional, employee-owned independentinsurance agencyheadquartered in Jackson,Mississippi.
Withmorethanthreedecadesatthefirm,hehasplayedacentralroleinshapingitsgrowth,
leadership,andlong-termstrategicdirection.HewaspromotedtoCEO/COOin2013andhas
servedasCEOsince2025,withresponsibilityforoverallleadershipandperformanceofthe
organization.
Prior tohis currentrole, Mr.Wooleyserved asPresident andChief OperatingOfficer, wherehe
ledagencygrowthandprofitabilityinitiatives,developedthefirm'sperpetuationstrategy,and
supporteditssalesandmanagementteams.Earlierinhiscareer,heservedasanAccount
Executive and VicePresident, overseeing commercial,personal, andgroup benefit accounts,with
a focus on nonprofit and healthcare clients.
In additionto his executiveresponsibilities, Mr. Wooleyserves as aTrustee ofthe Jones Family
Trusts, helping oversee a diversified portfolioof assets across public equities, private equity,real
estate, oil and gas, and fixed income investments on behalf of approximately 170 beneficiaries.
"We arepleased towelcome Dudleyto theBoard," saidDolph Baker,Board Chairof Cal-Maine
Foods."Hisexperienceleadingagrowth-orientedorganizationandhisexpertiseinrisk
managementandcapitalallocationalignwellwithourstrategicpriorities.Aswecontinue
progressingtowardahigher-value,moreconsistentearningsmodel,hisperspectivewillbe
especiallyvaluableinstrengtheningourabilitytonavigateevolvingmarketdynamics,enhance
earnings visibility, and deliver durable, long-term growth."
With his experience advising organizations on long-term risk, operational discipline, and strategic
expansion,Mr.WooleyiswellpositionedtosupporttheCompany'scontinuedevolutionintoa
more diversified platform with multiple growth drivers and improved long-term earnings visibility.
Mr.WooleybeganhiscareerwithAndersenConsulting(nowAccenture)andlaterworkedat
Marketing Research Institute, where hedeveloped experience in consulting, analytics, andclient
advisory.
He holds a Master of BusinessAdministration from Millsaps College and aBachelor of Science in
Mathematics fromVanderbilt University.He isa CharteredProperty CasualtyUnderwriter (CPCU),
CertifiedRiskManager(CRM),CertifiedInsuranceCounselor(CIC),and Accredited Adviserin
Insurance (AAI).
Mr.WooleysucceedsJimPoolewhorecentlypassedaway.TheCompanyextendsits
appreciation for Mr. Poole's service and legacy.
About Cal-Maine Foods
Cal-Maine Foods, Inc.(NASDAQ: CALM) isthe largest eggcompany in theUnited States and a
leading playerin theegg-based foodindustry. Witha strong nationalfootprint, Cal-MaineFoods
provides nutritious, affordable, and sustainable protein to millions of households every day.
The Company's portfoliospans thefull eggvalue ladder-from conventionalto specialty,including
cage-free, organic,brown, free-range,pasture-raised, andnutritionally enhanced-servingboth
retailandfoodservicecustomersnationwide.Cal-MaineFoodsalsoparticipatesinthegrowing
preparedfoodssector,withofferingssuchaspre-cookedeggpatties,omelets,foldedand
scrambled eggformats, hard-cookedeggs, pancakes,waffles, andspecialty wraps.Its branded
portfolioincludesEggland'sBest®,LandO'Lakes®,FarmhouseEggs®,4Grain®,Sunups®,
Sunny Meadow®, MeadowCreek Foods®, and Crepini®.
HeadquarteredinRidgeland,Mississippi,Cal-Maine'sstrategycombinesscale,operational
excellence, and financialdiscipline with acommitment to innovation andsustainability, to enable
theCompanytodelivertrustednutrition,enduringpartnerships,andlong-termvalueforits
stakeholders.
Forward Looking Statements
Statementscontainedinthispressreleasethatarenothistoricalfactsareforward-looking
statementsasthattermisdefinedinthePrivateSecuritiesLitigationReform Actof1995. The
forward-lookingstatementsarebasedonmanagement'scurrentintent,belief,expectations,
estimatesandprojectionsregardingourCompanyandourindustry. Thesestatementsarenot
guarantees of future performance and involve risks, uncertainties, assumptions and other factors
thataredifficulttopredictandmaybebeyondourcontrol. Thefactorsthatcouldcauseactual
results to differ materially fromthose projected in the forward-looking statementsinclude, among
others,(i)theriskfactorssetforththeCompany'sSECFilings(includingits AnnualReporton
Form10-K,asupdatedinPartIIItem1AofourquarterlyreportsonForm10-QandCurrent
ReportsonForm8-K),(ii)therisksandhazardsinherentintheshellegg,eggproducts,and
preparedfoodsoperations(including,asapplicable,disease,pests,weatherconditions,and
potentialforproductrecall),includingbutnotlimitedtothecurrentoutbreakofHPAIaffecting
poultry in the U.S., Canada and other countries that was first detected in commercialflocks in the
U.S. inNovember 2023and thatfirst impactedour flocksin December2023, in thethird andfourth
quarters of fiscal2024 and againin March 2026,(iii) changes inthe demand forand market prices
of shell eggsand feed costsas well asincrease in inputcosts for prepared foods,(iv) our ability
topredictandmeetdemandforcage-freeandotherspecialtyeggs,(v)risks,changes,or
obligations that couldresult from ourrecent orfuture acquisition ofnew flocks orbusinesses, such
as ouracquisition ofEcho LakeFoods completedJune 2,2025, andrisks orchanges thatmay
cause conditions to completing a pending acquisition not to be met, (vi) our ability to successfully
integrateandmanagerecentlyacquiredbusinesseslikeEchoLakeFoodsandrealizethe
expectedbenefitsofsuch acquisitions,includingsynergies,costsavings, reductioninearnings
volatility, marginexpansion, financial returns,expanded customerrelationships, orsales orgrowth
opportunities, (vii) our ability tocompete effectively with existingand new marketentrants, retain
existing customers,acquire newcustomers andgrowour productmix includingour preparedfoods
productofferings,(viii)theimpactsandpotentialfutureimpactsofgovernment,customerand
consumer reactionsto recenthigh marketprices foreggs, (ix)potential impactsto ourbusiness
as a result of ourCompany ceasing to be a"controlled company" under the rules of TheNasdaq
StockMarket on April14, 2025,(x) risksrelating topotential changesininflation, interestrates
and trade and tariff policies, (xi) adverse resultsin pending litigation and other legalmatters, and
(xii)globalinstability,includingasaresultofgeopoliticalconflictsanduncertainties.The
Company'sSECfilingsmaybeobtainedfromtheSECortheCompany'swebsite,
www.calmainefoods.com. Readers arecautioned not toplace undue reliance onforward-looking
statements because, while we believethe assumptions on whichthe forward-looking statements