WK Kellogg : to Webcast Presentation at CAGNY Conference on Feb. 19, 2025 Presentation

KLG

Gary Pilnick

Chairman & Chief Executive Officer

Iconic Brands and A Leading Market Position

Iconic Brands Leading Market Positions Scaled Business

#2 Market

Adjusted Net Sales*

(2024: ~$2.7 billion)

share

#1 Market

share

#1 Market

share

US Retail

Canada

Other

*See Appendix for definitions of each non-GAAP financial measure and reconciliations to the most directly comparable GAAP measure

| 4

We Are On Our Path

Deploying Strategy &

Separation

~500 bps Margin

Beginning Execution

Activities

Improvement

Build the

Organization

Spin Logic

WK Strategy

Development

| 5

Focused Strategy

Driving an

Modernizing our

Unleashing an

integrated

supply chain

energized and

commercial plan

winning culture

to win

Stable topline

Outsized margin growth

Attractive dividend

on winning in cereal

end-to-end to drive better execution​

in capabilities, technology and infrastructure

| 6

Winning the WK Way

Our Beliefs & Behaviors

Bring Out the

Best in Each

Other

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What You'll Hear Today is How We Are

T

AY

T W

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Our Path to Value Creation

Value Creation

Optimizing Cereal:

Near-Term

Focus, integrate, and invest in supply chain

Cereal & Beyond:

Mid-Term

Sustain profitable growth momentum, expand the portfolio

Time Horizon

| 9

Our Progress

T

AY

Delivering

Standing Up

Modernizing

Investing in

Financial

Dedicated

Our Supply

Scalable

Goals

Salesforce

Chain

Infrastructure

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Disclaimer

WK Kellogg Co. published this content on February 19, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 19, 2025 at 13:17:09.440.