THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Hormel Foods Corporation (HRL)

12/23/2005 Proxy Information

Mr. Johnson has served as non-executive Chairman of Hormel Foods Corporation since January 2006 and served as Chairman and Chief Executive Officer from 2004 to December 31, 2005.

During fiscal year 2005, employees of the Company provided administrative services to The Hormel Foundation, which beneficially owns more than five percent of the Company’s common stock, for which The Hormel Foundation paid the Company $121,294, reimbursing the Company for its fully allocated cost for the employee time expended.

12/22/2004 Proxy Information

During fiscal year 2004, employees of the Company provided administrative services to The Hormel Foundation, which beneficially owns more than five percent of the Company’s Common Stock, for which The Hormel Foundation paid the Company $127,859, reimbursing the Company for its fully allocated cost for the employee time expended.

Gary J Ray is Executive Vice President of Hormel since 1999.

Michael J. McCoy is Executive Vice President and Chief Financial Officer of Hormel since 2001.

Jeffrey M. Ettinger is President and COO of Hormel since July of 2004.

12/22/2003 Proxy Information

During fiscal year 2003, employees of the Company provided administrative services to The Hormel Foundation, which beneficially owns more than five percent of the Company’s Common Stock, for which The Hormel Foundation paid the Company $116,802, reimbursing the Company for its fully allocated cost for the employee time expended.