Other Information
−Removed: Appointment of New Director
−Removed: On November 10, 2021, the Board of Directors (the “Board”) of Seneca Foods Corporation (the “Company”) appointed Kraig H.
−Removed: Kayser as a member of the Board to fill a current vacancy resulting from the passing of the Company’s Founder and Chairman, Arthur S.
−Removed: As a result of Mr.
−Removed: Kayser’s appointment, the size of the Board will remain unchanged at nine members and Mr.
−Removed: Kayser will serve in the Class of Directors with a term expiring in 2023.The Board also appointed Mr.
−Removed: Kayser as non-executive Chairman of the Board.
−Removed: Kayser is the former President and Chief Executive Officer of the Company, serving in this role from 1993 to his retirement from the position in 2020.
−Removed: From 1991 to 1993, he was the Company’s Chief Financial Officer.
−Removed: Additionally, Mr.
−Removed: Kayser previously served as a member of the Company’s Board beginning in 1985 up until to his retirement from the Board in 2020.
−Removed: Kayser is also a director of Moog Inc.
−Removed: where he serves as Chair of the Audit Committee and a member of the Nominating and Governance Committee.
−Removed: Kayser is currently serving on the Board of Trustees of Cornell University.
−Removed: He received a B.A.
−Removed: from Hamilton College and an M.B.A.
−Removed: from Cornell University.
−Removed: There are no arrangements or understandings between Mr.
−Removed: Kayser and any other persons pursuant to which he was appointed a director of the Company. 
−Removed: There are no family relationships between Mr.
−Removed: Kayser and any director or executive officer of the Company.
−Removed: Kayser has not had a direct or indirect material interest in any transaction since the beginning of the Company’s last fiscal year, or in any currently proposed transaction, involving an amount in excess of $120,000 which be reportable under Item 404(a) of Regulation S-K other than (i) his prior employment relationship with the Company and any compensation and benefits in connection with his retirement as disclosed in a Current Report on Form 8-K filed with the Securities and Exchange Commission on September 1, 2020 and (ii) certain surviving spouse benefits paid to Mr.
−Removed: Kayser’s mother under a supplemental pension arrangement relating to her husband’s prior service with the Company.
−Removed: 31.1   
+Added: On February 9, 2022 the Board of Directors of Seneca Foods Corporation (the "Company") amended and restated the Company's Executive Profit Sharing Bonus Plan and the Company's Manager Profit Sharing Bonus Plan (each a "Plan" and collectively, the "Plans").
+Added: As amended, the performance criteria established under each Plan requires the Company's pre-tax profits for a fiscal year, calculated on a FIFO basis and adjusted to account for non-operating items such as unusual non-recurring gains or losses on asset sales, impairments and restructuring charges (“Annual Adjusted Earnings”), to equal or exceed a specific bonus target.
+Added: The bonus target under each Plan is expressed as a percentage of the average Annual Adjusted Earnings for the prior ten-year period (“Average Adjusted Earnings”).
+Added: The bonus targets range from 0% to 200% of Average Adjusted Earnings with each bonus target corresponding to a potential bonus payment calculated as a percentage of the employee's base salary earned during the fiscal year.
+Added: As amended, the potential bonus payments under the Executive Profit Sharing Bonus Plan range from 10% to 50% of base salary and the potential bonus payments under the Manager Profit Sharing Bonus Plan range from 2.5% to 12.5% of base salary.
+Added: The foregoing discussion is qualified in its entirety by the terms and provisions of the Company's Executive Profit Sharing Bonus Plan and the Company's Manager Profit Sharing Bonus Plan which are to be filed as exhibits to the Company’s Annual Report on Form 10-K for the year ending March 31, 2022, and are incorporated herein by reference.
Certification of Paul L.
2 unchanged sentences
Benjamin pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith)
−Removed: 32      
Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith)
9 unchanged sentences
President and Chief Executive Officer
−Removed: November 12, 2021
+Added: February 10, 2022
/s/ Timothy J.
Chief Financial Officer
−Removed: November 12, 2021
+Added: February 10, 2022
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.