1. Corporate Responsibility at Chiquita Triple Bottom Line Investing Conference November 3, 2005 Michael Mitchell Director, Corporate Communications Chiquita Brands International

2. Our Company

International producer and marketer of high-quality fresh and value-added produce

• 106-year-old company

• $4 billion in annual revenues

• Premium brand

• • Healthy, convenient, high-quality, fresh

• Operations in more than 60 countries

• 25,000 employees worldwide

• • More than 14,000 farm workers,about two-thirds unionized

• June 2005 acquisition of Fresh Express, U.S. market leader of packaged salads

3. Our Model forCorporate Responsibility

Community

Suppliers

Transparent Reporting

Performance Measurement

Employee Participation & Training

Organization & Accountability

Engagement

Verifiable Standards

Core Values

Leadership

Responsibility OpportunityRespect Integrity 4. Verifiable StandardsLabor

Costa Rica (2002)

Colombia and Panama (2003)

100% SA8000 certification owned farms (2004)

14% independent growers (2004)

Food Safety

Colombia, Panama and Costa Rica (2003)

63% owned farms (2004)

47% independent growers (2004)

Environmental

Initial Engagement (1992)

First owned farms in Costa Rica (1994)

100% certification owned farms (2000)

83% independent growers (2004)

Certification to Leading Standards 5. Labor Engagement

Landmark IUF-COLSIBA-Chiquita Agreement

• Signed June 14, 2001

• Based on core ILO conventions

• Collaboration on worker health and safety

• Fair dealing and continuous improvement

• • Negotiate in good faith

• • Communicate in open, honest and straightforward manner

• • Avoid public international campaigns or anti-union retaliatory tactics

• Committee to review serious or systemic violations

We have seen real progress as a result of the Agreement in a number of Chiquita operations. I remain impressed with the good faith and serious intent Chiquita has brought to this process. Ron Oswald General Secretary International Union of Foodworkers 6. Organization & Accountability

Corporate Responsibility Officerreports to CEO

• With significant interaction with theNominating and Governance Committeeof the Board of Directors

CR Steering Committee

CR specialists in all divisions

Management systems

• CR integrated into company strategy & planning

• Annual CR objectives and bonus for managers

• All managers sign annual code of conduct compliance statement

Manuel Rodriguez 7. Employee Participation & Training 8. Measurement & Reporting 9.

Children plant trees in Bocas, Panama, at an Environmental Awareness Fair

Chiquita Nature & Community Project in Costa Rica http://www.chiquita.com/naturecommunity

Community Engagement 10. Benefits of Corporate Responsibility

Sound agricultural practices from Rainforest Alliance certification reduce costs

• Reduced agrichemical use savings of more than $5 million annually

• Pallet recycling in European market reduced costs by $3 million annually

Other environmental benefits of RA certification

• Reforestation conserves water and soils more than 1 million trees planted

• Groundcover reduces herbicide use

• Better storage and closed systems to avoidagrichemical runoff and improve safety

• Improved waste managementreduces pollution

11. 3,000+ Tons of Plastic Recycled

Worker gathers twine on a farm for recycling

Twine and plastic are stored in warehouses prior to shipment in recycling facilities

Workers compress plastic for recycling

The company used recycled plastic to construct this pedestrian bridge in Costa Rica

12. Other CR Benefits

Improved reputation &brand image

• Chiquita brand is associated with high levels of corporate responsibility

Lower risk profile

• Lower risk of supply disruptions due to labor unrest

• Lower risk of NGO or consumer activism

Higher employee satisfaction

Broadens investor base to SRI funds

• Chiquita on SB20 Index for 4 consecutive years