Amendments to Bylaws (Form 8-K)

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

On June 9, 2026, the Board of Directors (the "Board") of U.S. Premium Beef, LLC (the "Company" or "USPB") approved and adopted an amendment to the Amended and Restated Limited Liability Company Agreement of the Company (the "Amendment"), effective immediately. The Amendment updates Appendix D to reflect (i) the current composition of the Board, (ii) that the terms of Board directors Jerald Bohn and Wayne Carpenter will expire in 2027, (iii) that the terms of Board directors Randall Spare and Jeff Sternberger will expire in 2028 and (iv) that the terms of Board directors Mark Gardiner, Joe Morgan and John Freund will expire in 2029.

The foregoing summary is qualified in its entirety by reference to the full text of the Amendment, a copy of which is included in the Amended and Restated Limited Liability Company Agreement of the Company, as amended, attached hereto as Exhibit 3.1 and incorporated herein by reference.