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HAWKINS LABORATORY INTERNATIONAL CORPORATION Statement of Shareholders' Equity Total Common Stock Additional Retained Treasury Shareholders' Sl par Paid-in Capital Earnings 354,00010,415,000 Equity 13,530,044 Stock Balance

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HAWKINS LABORATORY INTERNATIONAL CORPORATION Statement of Shareholders' Equity Total Common Stock Additional Retained Treasury Shareholders' Sl par Paid-in Capital Earnings 354,00010,415,000 Equity 13,530,044 Stock Balance at January 1, 2,761,044 2015 Common Shares Share repurchase (83,500 shares) Cash dividend Net Income Balance at December 31, 2015 370,000 12,210,000 (1.670,000) (50,000) 2,696,789 5,407,833 (1,670,000) 27,086,833 724,000 22,625,000 Cash dividend, common Stock dividend-5 for 4 Net Income Balance at December 31, 2016 (75.000) (181,000) 3,805,617 22,625,0008,957,450(1,670,000) 181,000 905,000 31,817,450 HAWKINS LABORATORY INTERNATIONAL CORPORATION Statement of Shareholders' Equity Total Common Stock Additional Retained Treasury Shareholders' Sl par Paid-in Capital Earnings 354,00010,415,000 Equity 13,530,044 Stock Balance at January 1, 2,761,044 2015 Common Shares Share repurchase (83,500 shares) Cash dividend Net Income Balance at December 31, 2015 370,000 12,210,000 (1.670,000) (50,000) 2,696,789 5,407,833 (1,670,000) 27,086,833 724,000 22,625,000 Cash dividend, common Stock dividend-5 for 4 Net Income Balance at December 31, 2016 (75.000) (181,000) 3,805,617 22,625,0008,957,450(1,670,000) 181,000 905,000 31,817,450

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