Steelcase Financial Performance and Brand Promise

Capital Allocation Priorities Our capital allocation philosophy contains a balance of reinvestment in the business, acquisitions, dividends, and opportunistic share repurchases. Capital Expenditures and Research & Development ($ Millions) ■Capital Expenditures ■Research & Development $100 Dividends and Share Repurchases ($ Millions) $100 ■Dividends ■Repurchases $0 90 FY19 FY20 FY21 FY22 FY23 TFQ $0 FY19 FY20 FY21 FY22 FY23 TFQ=Trailing Four Quarters Acquisitions (calendar year acquired) AMQ orangebox Smith System 2017 2018 HALCO viccarbe 2019 2020 2021 2022 2023

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