2024 KeHE Goodness Report | Page 13

Building Employee Ownership

FY24 was another record year for the KeHE ® Employee Stock Ownership Plan ( ESOP ).
41 % growth since last year ( largest ever )
For the sixth straight year , KeHE ’ s allocation to our employees ' shares will equal 25 % of their compensation , so their retirement savings keep growing with every paycheck .
ELIGIBLE WAGES
+ 25 %
Employee holdings show remarkable growth .
243 employee accounts worth more than $ 1 million
3677 employee accounts worth more than $ 100,000
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24
KeHE bought more than half the shares held by Tower Brook Capital , increasing employee ownership from 88 % to 95 %, so now our employee-owners have greater control over our future .
95 % 88 %
251 employee accounts worth more
than one year ’ s salary
20x growth since FY07
FY23
FY24
13 KEHE ® GOODNESS REPORT 2023-2024