Corporate Governance

The Board of Directors of Vital Farms, Inc. (the "Company") sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. As a Public Benefit Corporation, the Board of Directors has a duty to manage or direct business and affairs of the Company in a manner that balances the pecuniary interests of stockholders, the best interests of those stakeholders materially affected by Company conduct, and the specific public benefits identified in the Company's certificate of incorporation. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these governance documents. These governance documents are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.