Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

David M. Dannov resigned from the position of President and Chief Executive Officer of the Seaboard Overseas and Trading Group ("SOTG Division"), a division of Seaboard Corporation (the "Company"), effective January 9, 2023. The Company previously elected not to renew Mr. Dannov's employment agreement with the SOTG Division.

Jacob A. Bresky has been appointed to succeed Mr. Dannov as President and Chief Executive Officer of the SOTG Division. Prior to this appointment, Mr. Bresky served as SOTG Division Vice President of Industrial Operations and various other positions in the SOTG Division for more than ten years. Mr. Dannov will continue with the SOTG Division to assist as needed.



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