SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

The following is a report of earnings for Seaboard Corporation (NYSE American:SEB), with offices at 9000West 67th Street, Merriam, Kansas, for the three and six months ended June28,2025 and June29,2024, in millions of dollars except share and per share amounts.

(UNAUDITED) Three Months Ended Six Months Ended June28, June29, June28, June29, 2025 2024 2025 2024Net sales $ 2,480 $ 2,209 $ 4,796 $ 4,400Operating income $ 52 $ 30 $ 90 $ 10Net earnings attributable to Seaboard $ 102 $ 61 $ 134 $ 83Earnings per common share $ 105.22 $ 62.82 $ 138.11 $ 85.47Average number of shares outstanding 969,427 971,055 970,228 971,055Dividends declared per common share $ 2.25 $ 2.25 $ 4.50 $ 4.50

Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of$2.25 per share of its common stock. The dividend is payable on August 18, 2025 to stockholders of record at the close of business on August 8, 2025.

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SOURCE Seaboard Corporation

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