Delivering Results for Shareholders

Heinz’s consistent growth and performance under our long-term plan has delivered results for our shareholders, including sustained dividend growth.

In Fiscal Years 2008 and 2009, as many other companies took steps to cut dividends due to the tough economic environment, Heinz continued to grow our common stock dividend, a strategic priority that reflects our commitment to returning a high percentage of earnings to our shareholders.

The annualized Heinz dividend for Fiscal Year 2008 was $1.52 per share, an 8.6% increase from the previous year, and our Board of Directors raised it 9.2% to $1.66 for Fiscal 2009.

Reflecting our commitment to shareholders, Heinz announced yet another dividend increase in May 2009 for Fiscal Year 2010. With that announcement, Heinz has now increased the annualized dividend six consecutive years, with 56% growth from the annualized dividend of $1.08 in Fiscal 2004 to $1.68 for Fiscal 2010.

Over the past two fiscal years, Heinz returned more than $1 billion to shareholders in the form of dividends.

In addition to dividend growth, the Total Shareholder Return on Heinz common stock outperformed the S&P 500 Index and the S&P 500 Packaged Foods and Meats Index in each of the last two fiscal years, a period marked by the global recession and volatility in the financial and currency markets. Heinz’s Total Shareholder Return also outperformed those indices cumulatively over the last five fiscal years.

Heinz also ranked second in Total Shareholder Return among our nine peer companies in the Consumer Packaged Goods sector for the three-year period ended April 29, 2009 (the end of Fiscal 2009).

Our record results in Fiscal Year 2009 were a testament to a talented team of approximately 33,000 Heinz employees and their superb execution of our long-term strategy to:

PERFORMANCE GRAPH

• Grow the Core Portfolio
• Accelerate Growth in Emerging Markets
• Strengthen and Leverage Our Global Scale
• Make Talent an Advantage