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Cal-Maine Foods, Inc. Names Melanie Boulden to Company's Board of Directors

1. Melanie Boulden appointed to Cal-Maine Foods' Board of Directors, effective August 2025. 2. Boulden will serve on key committees impacting corporate governance and compensation.

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FAQ

Why Neutral?

Board appointments typically reflect stable governance without immediate financial implications. Historical examples, such as similar appointments in other companies, showed minimal short-term impact on stock prices.

How important is it?

While governance enhancements may be positive, the immediate financial impact is low.

Why No Impact?

The appointment does not suggest immediate changes in strategy or financial performance. Long-term outcomes depend on Boulden's impact on governance rather than immediate stock valuations.

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RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”) today announced that Melanie Boulden was appointed to the Company's Board of Directors as an independent director, effective August 11, 2025. She will serve until the 2025 Annual Meeting of Shareholders, after which she will stand for reelection as a Class I Director to serve for a three-year term. Boulden will join the Compensation, Audit, and Nominating and Corporate Governance Committ.

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