Avian influenza hits 5.7M hens at Michael Foods contracted farms; FY2024 guidance affirmed

Post Holdings, Inc.

Approximately 5.7M egg-laying hens (~14% of controlled supply) at contracted farms in Minnesota and Iowa tested positive for avian influenza.
Post affirms FY2024 Adjusted EBITDA guidance of $1,335-$1,375 million; management believes financial impact is within range tolerances.
Guidance does not assume significant expansion; cumulative effect beyond additional 5% of supply would trigger further disclosure.
No update on specific incidents unless additional 5% threshold is breached; APHIS/USDA track individual cases.

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