The following graph compares the cumulative total shareholder return (TSR) on our stock with the cumulative total return of the Standard & Poor’s 500 Stock Index (the S&P 500) and the Standard & Poor’s Packaged Foods Index (the S&P Packaged Foods Group). The graph assumes that $100 was invested on July 31, 2015, in each of our stock, the S&P 500 and the S&P Packaged Foods Group, and that all dividends were reinvested. The total cumulative dollar returns shown on the graph represent the value that such investments would have had on August 2, 2020. $^{* }$Stock appreciation plus dividend reinvestment. 15 None. Issuer Purchases of Equity Securities 2015 2016 2017 2018 2019 2020 Campbell 100 129 112 90 93 116 S&P 500 100 106 123 143 156 172 S&P Packaged Foods Group 100 117 110 103 113 123