Skills/Experience Ab er na th y Fe ar on Go ff Gr ee Je lli so Kh an dp ur Li M in k Ni co la s Pr ee te Ve rd ui W ul fs oh Financial Knowledge of finance or financial reporting; experience with debt/capital market transactions and/or mergers and acquisitions l l l l l l l l International Experience doing business internationally or focused on international issues and operations and exposure to markets, economies, and cultures outside the U.S.

Skills/Experience Ab er na th y Fe ar on Go ff Gr ee n Je lli so n Li n M in k N ic ol as Pa tt er so n Pr ee te Ve rd ui n W ul fs oh n Financial          International             Industry Expertise          Regulatory        Technology     Human Capital           Operations            Corporate Governance          IT and Cybersecurity      Sustainability             Background Gender Male Male Male Male Male Female Female Male Male Male Female Male Race/Ethnicity White White White Black White White White Black White White White White Other Public Company Boards 1 3 1 — — 2 2 — 1 2 — 1 PROXY SUMMARY PROXY STATEMENT 2022 | Annual Meeting of Shareholders 13 GOVERNANCE HIGHLIGHTS As part of our commitment to overall excellence, our Companyʼs governance practices include the following: Director Independence • Strong commitment to Director independence: Eleven out of our twelve Director nominees are independent

Performance Analysis 2-Year CEO SCT Pay 2- Ye ar C EO S T Pa y Potential misalignment: Low performance/ high pay Potential misalignment: High performance/ low pay COMPENSATION DISCUSSION AND ANALYSIS 30 For purposes of this graph, pay is defined as the two-year sum of Summary Compensation Table pay for all applicable elements including base salary, stock and option awards at grant value, non-equity incentive plan compensation and all other compensation.

  • The fair value of the reporting unit is based on a number of subjective factors including: (a) appropriate consideration of valuation approaches, (b) the consideration of our business outlook and (c) weighted average cost of capital (discount rate), growth rates and market multiples for our estimated cash flows

Skills/Experience Ab er na th y Fe ar on Go ff Gr ee Je lli so Kh an dp ur Li M in k Ni co la s Pr ee te Ve rd ui W ul fs oh Financial Knowledge of finance or financial reporting; experience with debt/capital market transactions and/or mergers and acquisitions l l l l l l l l International Experience doing business internationally or focused on international issues and operations and exposure to markets, economies, and cultures outside the U.S.

$ D LL S 2007 2008 2009 2010 2011 .25 .50 .75 1.00 1.25 ADJUSTED EARNINGS PER SHARE^ 278% INCREASE O F AT IN M 2007 2008 2009 2010 2011 80 100 OPERATING MIX SHIFT* JOINT VENTURES PP&S DISTRIBUTION SPECIALTY TA 2007 2008 2009 2010 2011 1.5 3.0 4.5 6.0 7.5 ADJUSTED RETURN ON SALES∆ *Operating Income excludes Corporate Charges OPERATIONAL PERFORMANCE SPECIALTY PLATFORM OPERATING INCOME $ M IL LI S 80 100 2007 2008 2009 2010 2011 192% INCREASE 91% INCREASE ^EPS excluding special items and equity income from SunBelt SAFETY — INJURY INCIDENCE RATEº 2007 2008 2009 2010 2011 .25 .50 .75 1.0 1.25 “WORLD-CLASS” PERFORMANCE JU Y ID E AT ºNumber of injuries per 100 full-time associates TA 2007 2008 2009 2010 2011 8 12 16 WORKING CAPITAL† — PERCENTAGE OF SALES “BEST-IN-CLASS” WORKING CAPITAL MANAGEMENT † Working capital is defined as accounts receivable plus inventories minus accounts payable ∆Operating income as a percentage of sales, excluding special items and equity income from SunBelt United States Securities and Exchange Commission Washington, DC 20549 FORM 10-K Í ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2011 ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to .