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Entrepreneurial
     Professionalism
     Michael H. McCain
     Chief Executive Officer
     Maple Leaf Foods

     January 6th, 2010


2
In 2007…

            Wallace & Harrison McCain Voted
        Greatest Canadian Entrepreneur of All Time

                Opened First Plant in 1957
                   $100,000 Capital

                         Today
             57 Factories; >20,000 Employees
                    >$6 Billion Revenue
            1 in 3 Frozen French Fries Globally

                  Plus Maple Leaf Foods

                     No New Capital


3
Historical Evolution




       Building     Family     Maple Leaf
       McCain       Conflict   Story

     1957-1990    1990-1995    1995 - Current




4
They Did A Lot Right…

        Focus on profitable growth
        Single-mindedness of purpose
        Hard work and passion
        Dedicated to success of the business first
        Perseverance
        Broke through the entrepreneurial glass ceiling
             Culture of Entrepreneurial Professionalism
             Great people
             Hands all over; managerial excellence
             Systems and disciplines


5
Did A Few Things Not So Well…

        Strategic planning
        Human capital development
        Business governance
        Family & business mix




6
In 1995…

     Maple Leaf Foods Acquired From The Edge of Demise

            Public Company; Not Family Business
                    32% MCC/35% OTPP
              >30 Acquisitions; Industry Roll Up

                           Today
              91 Factories; >23,000 Employees
                    >$5 Billion Revenue
                      Protein & Bakery

                 Evolution Of Development
             Cascading Obstacles/Crisis of 2008

              Still Entrepreneurially Professional
7
Entrepreneurial
     Professionalism
     Michael H. McCain
     Chief Executive Officer
     Maple Leaf Foods

     January 6th, 2010


8

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Entrepreneurial Professionalism

  • 2. Entrepreneurial Professionalism Michael H. McCain Chief Executive Officer Maple Leaf Foods January 6th, 2010 2
  • 3. In 2007… Wallace & Harrison McCain Voted Greatest Canadian Entrepreneur of All Time Opened First Plant in 1957 $100,000 Capital Today 57 Factories; >20,000 Employees >$6 Billion Revenue 1 in 3 Frozen French Fries Globally Plus Maple Leaf Foods No New Capital 3
  • 4. Historical Evolution Building Family Maple Leaf McCain Conflict Story 1957-1990 1990-1995 1995 - Current 4
  • 5. They Did A Lot Right…   Focus on profitable growth   Single-mindedness of purpose   Hard work and passion   Dedicated to success of the business first   Perseverance   Broke through the entrepreneurial glass ceiling   Culture of Entrepreneurial Professionalism   Great people   Hands all over; managerial excellence   Systems and disciplines 5
  • 6. Did A Few Things Not So Well…   Strategic planning   Human capital development   Business governance   Family & business mix 6
  • 7. In 1995… Maple Leaf Foods Acquired From The Edge of Demise Public Company; Not Family Business 32% MCC/35% OTPP >30 Acquisitions; Industry Roll Up Today 91 Factories; >23,000 Employees >$5 Billion Revenue Protein & Bakery Evolution Of Development Cascading Obstacles/Crisis of 2008 Still Entrepreneurially Professional 7
  • 8. Entrepreneurial Professionalism Michael H. McCain Chief Executive Officer Maple Leaf Foods January 6th, 2010 8