GIS: Leadership change

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 29, 2026, the Board of Directors (the “Board”) of General Mills, Inc. (the “Company”) elected Dana M. McNabb Chief Executive Officer of the Company effective January 1, 2027. Ms. McNabb succeeds Jeffrey L. Harmening who is retiring as Chief Executive Officer and will remain Executive Chair of the Board. A copy of the press release issued by the Company is furnished with this report as Exhibit 99. Ms. McNabb, age 50, has served as Chief Operating Officer since June 2026. Ms. McNabb joined General Mills in 1999 and held a variety of marketing roles in Cereal, Snacks, Meals, and New Products before becoming Vice President, Marketing for CPW in 2011 and Vice President, Marketing for the Circle of Champions Business Unit in 2015. She became President, U.S. Cereal Operating Unit in 2016, Group President, Europe & Australia in January 2020, Chief Strategy & Growth Officer in July 2021, Group President, North America Retail in January 2024, and Group President, North America Retail and North America Pet in June 2025, and she has served on the Board since June 2026. On September 29, 2026, the Board approved adjusted compensation levels for Ms. McNabb to reflect her promotion to Chief Executive Officer of the Company effective January 1, 2027. As Chief Executive Officer, Ms. McNabb will receive a base salary of $1,350,000 and an annual cash incentive target of 180% of base salary. She will receive an incremental target long-term annual incentive award of $2,100,000 that consists of a mix of performance share units (50%), restricted stock units (25%), and stock options (25%) and will be granted under the Company’s