HSY: Leadership change · Company disclosure

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 2, 2026, The Hershey Company (the “Company”) announced the appointment of Dave Hulays as the Company’s Senior Vice President, Chief Financial Officer. In this role, Mr. Hulays will oversee the Company’s global finance organization and serve as the Company’s principal financial officer. Mr. Hulays, age 54, has served as the Company’s Senior Vice President, Finance since May 2025. In that role, he led finance across the Company’s business units and functions, including U.S. CMG, Salty Snacks, International, FP&A, Tax and Treasury. Prior to that, Mr. Hulays served as Vice President, Finance, CMG, International and Commercial from October 2024 to May 2025; Vice President, U.S., Growth, Corporate Finance and Transformation from November 2023 to October 2024; Vice President, Finance, U.S., Growth, Strategic Planning and Analysis from September 2019 to November 2023; and Vice President, Finance, U.S. and Growth from May 2017 to September 2019. Mr. Hulays has been with the Company since March 2012. As a result of Mr. Hulays’s appointment, Steven E. Voskuil stepped down from his role as Senior Vice President, Chief Financial Officer, effective September 2, 2026. Mr. Voskuil will remain with the Company as Senior Vice President, Strategic Projects, and will focus on key Company initiatives and the transition of his responsibilities until his retirement from the Company in the first quarter of 2027. In connection with his appointment, Mr. Hulays agreed to an offer letter with the Company (the “Offer Letter”), which provides for the following compensation arrangements: • an annual base salary of $725,000; • partic