Material Event (Form 8-K)

On October 1, 2026, The Campbell's Company ("Campbell's" or the "Company") priced an offering of $300,000,000 aggregate principal amount of 8.500% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due April 5, 2057 (the "Notes").

The Notes were offered and sold pursuant to an Underwriting Agreement dated October 1, 2026 (the "Underwriting Agreement") among Campbell's and Barclays Capital Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and UBS Securities LLC as representatives of the several underwriters named therein, under Campbell's' automatic shelf registration statement (the "Registration Statement") on Form S-3 (Registration No. 333-298306) filed with the Securities and Exchange Commission (the "SEC") on August 13, 2026. Campbell's has filed with the SEC a prospectus supplement, dated October 1, 2026, together with the accompanying prospectus dated August 13, 2026, relating to the offering and sale of the Notes.

The Notes were issued on October 5, 2026, pursuant to an indenture dated as of October 5, 2026 (the "Base Indenture") between the Company and U.S. Bank Trust Company, National Association, as trustee (the "Trustee"), as supplemented by the First Supplemental Indenture, dated as of October 5, 2026 (the "First Supplemental Indenture" and, together with the Base Indenture, the "Indenture").

The above description of the Underwriting Agreement, the Indenture and the Notes is qualified in its entirety by reference to the Underwriting Agreement, the Indenture and the form of the Notes, each of which is incorporated by reference into the Registration Statement. The Underwriting Agreement, the Indenture, the First Supplemental Indenture, and the form of the Notes are attached to this Current Report on Form 8-K as Exhibit 1.1, Exhibit 4.1, Exhibit 4.2 and Exhibit 4.3, respectively.