Performance Food Group Company Announces Intent to Offer $1.0 Billion of Senior Notes Page 1

Performance Food Group Company (“PFG”) (NYSE: PFGC) today announced that its indirect wholly owned subsidiary, Performance Food Group, Inc. (the “Issuer”), intends to offer, subject to market and other conditions, $1.0 billion aggregate principal amount of Senior Notes due 2032 (the “Notes”). PFG intends to use the net proceeds from the offering, together with borrowings under its revolving credit facility, to fund the cash consideration payable in connection with PFG’s previously announced proposed acquisition of Cheney Bros., Inc. (the “Cheney Brothers Acquisition”) and to pay related fees and expenses. Pending such use, the net proceeds may be temporarily used for general corporate purposes, including repayment of borrowings under its revolving credit facility.

The notes are guaranteed by PFGC, Inc., the Issuer’s immediate parent company (“Parent”), and each of Parent’s existing and future material wholly owned domestic restricted subsidiaries, subject to certain exceptions. The closing of the offering is not conditioned on the closing of the Cheney Brothers Acquisition.