CONAGRA BRANDS INC. : Creation of a Direct Financial Obligation or Obligation Under an Off-Balance Sheet Registrant Arrangement, Financial Statements and Supporting Documentation (Form 8-K)

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under a

Off-balance sheet arrangement of a registrant.

As stated earlier, on August 26, 2022, Trademarks Conagra, Inc. (the “Company”) has entered into a term loan agreement (the “Term Loan Agreement”) with
Farm Credit Services of AmericaPCA, as administrative agent and lender, and the other lenders parties thereto, providing deferred draw term loans to the Company in an aggregate principal amount of up to $500 million.

On September 14, 2022the Company has borrowed all $500 million total amount of principal available under the term loan agreement. The Company currently anticipates that it will use the proceeds of its borrowings under the Term Loan Agreement, as well as the borrowings under its commercial paper program, to fund the repayment or repayment of outstanding indebtedness long-term contracts expiring in fiscal year 2023 and for other general corporate expenses. purposes.

A copy of the Term Loan Agreement is filed as Exhibit 10.1 attached. The foregoing description of the Term Loan Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Term Loan Agreement, which is incorporated by reference herein.

Item 9.01 Financial statements and supporting documents.

Exhibit No.       Description

10.1                Term Loan Agreement, dated August 26, 2022, by and among
                  Conagra Brands, Inc., Farm Credit Services of America, PCA, as
                  administrative agent and a lender, and the other lenders party
                  thereto, incorporated herein by reference to Exhibit 10.1 to
                  Conagra Brands, Inc.'s Current Report on Form 8-K filed on
                  August 29, 2022

104               Cover Page Interactive Data File (embedded within the Inline XBRL

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