Report of Independent Registered Public Accounting Firm The Board of Directors and Shareholders Hormel Foods Corporation We have audited Hormel Foods Corporation’s internal control  over financial reporting as of October 26, 2014, based on  criteria established in  Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the  Treadway Commission (1992 framework) (the COSO criteria).  Hormel Foods Corporation’s management is responsible for  maintaining effective internal control over financial reporting,  and for its assessment of the effectiveness of internal control  over financial reporting included in the accompanying Report  of Management entitled Management’s Report on Internal  Control Over Financial Reporting. Our responsibility is to  express an opinion on the company’s internal control over  financial reporting based on our audit. Because of its inherent limitations, internal control over finan- cial reporting may not prevent or detect misstatements. Also,  projections of any evaluation of effectiveness to future periods  are subject to the risk that controls may become inadequate  because of changes in conditions, or that the degree of com- pliance with the policies or procedures may deteriorate. In our opinion, Hormel Foods Corporation maintained, in all  material respects, effective internal control over financial  reporting as of October 26, 2014, based on the COSO criteria.  We also have audited, in accordance with the standards of the  Public Company Accounting Oversight Board (United States),  the consolidated statements of financial position of Hormel  Foods Corporation as of October 26, 2014 and October 27,  2013 and the related statements of operations, comprehensive  income, changes in shareholders’ investment and cash flows  for each of the three years in the period ended October 26,  2014, and our report dated December 17, 2014 expressed an  unqualified opinion thereon.  We conducted our audit in accordance with the standards  of the Public Company Accounting Oversight Board (United  States). Those standards require that we plan and perform the  audit to obtain reasonable assurance about whether effective  internal control over financial reporting was maintained in all  material respects. Our audit included obtaining an understand- ing of internal control over financial reporting, assessing the  risk that a material weakness exists, testing and evaluating the  design and operating effectiveness of internal control based on  the assessed risk, and performing such other procedures as  we considered necessary in the circumstances. We believe that  our audit provides a reasonable basis for our opinion. A company’s internal control over financial reporting is a  process designed to provide reasonable assurance regarding  the reliability of financial reporting and the preparation of  financial statements for external purposes in accordance with  generally accepted accounting principles. A company’s inter- nal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records  that, in reasonable detail, accurately and fairly reflect the  transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are  recorded as necessary to permit preparation of financial  statements in accordance with generally accepted accounting  principles, and that receipts and expenditures of the company  are being made only in accordance with authorizations of  management and directors of the company; and (3) provide  reasonable assurance regarding prevention or timely detec- tion of unauthorized acquisition, use, or disposition of the  company’s assets that could have a material effect on the  financial statements. Minneapolis, Minnesota  December 17, 2014 32