Stockholder Return Performance Graph Comparison of 5 Year Cumulative Total Return* The following graph compares our cumulative total stockholder return (Common Stock price appreciation plus dividends, on a reinvested basis) over the last five fiscal years with the Standard & Poor’s 500 Index and the Standard & Poor’s Packaged Foods Index. Among The Hershey Company, the S&P 500 Index, and the S&P Packaged Foods Index *$100 invested on December 31, 2015 in stock or index, including reinvestment of dividends. December 31, Company/Index 2015 2016 2017 2018 2019 2020 The Hershey Company $ 100  $ 119  $ 133  $ 130  $ 182  $ 192  S&P 500 Index $ 100  $ 112  $ 136  $ 130  $ 171  $ 203  S&P 500 Packaged Foods Index $ 100  $ 109  $ 111  $ 90  $ 118  $ 123  The stock price performance included in this graph is not necessarily indicative of future stock price performance. The Hershey Company | 2020 Form 10-K | Page 18 Table of Contents