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Investor Presentaiton

20 Adjusted Enterprise Value on EBITDAR vs CAG EPS 29.0% 13.6% 15.7% 5.0% -1.4% 7.3% -34.1% 14.12 13.48 9.87 10.84 11.52 12.06 9.68 6.97 6.96 ACT Casey's CST Murphy Grocery Stores Home Improv. Drugstores Mass Merchants Dollar Stores Adjusted enterprise value on EBITDAR CAG EPS Couche-Tard earns shareholders more than competition vs its value. Based on most recent published last 12 months results as of March 10, 2015. ACT's most recent published results are as of February 1st, 2015 (Q3 2015). <<Enterprise Value>> and <<Stock PriceĀ» calculated as of March 9, 2015. CAG EPS on 5 years for all except for Dollar Stores on 4 years. April 2015 Company Privileged and Confidential Investors Presentation 26 26
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