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Investor Presentaiton

NORTH WEST COMPANY 2. Giant Tiger Sale/ Restructure THE Discontinued stores = 14% of 2019 Consolidated Revenue... ($ in millions) 290 293 297 290 278 2015 2016 2017 2018 2019 • • . • ...but food buying and distribution scale is protected Sold GT stores equal 40% of NWC- west food volumes Ongoing NWC supply ensures buying scale and DC productivity Enhanced further by agreement to jointly procure with GTSL's 4x volumes NWC will record approximately $100 million in annual wholesale revenue (food sales to GTSL) 10 10

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