Investor Presentation

3 Enhancing operating margins through proven initiatives ☑ K لا pet valu Purchasing Strength From Procurement ✓ 90%+ of products for Pet Valu stores fulfilled by our own distribution infrastructure ✓ Long-standing relationships with a diverse base of suppliers Increased Proprietary Brand Penetration ✓ +1,200bps margin vs national brands ✓ Greater than 30% penetration ✓ Underpenetrated hardline mix relative to global benchmarks Improved Labour Efficiency ✓ Upgraded customer service model ✓ Process improvement reallocating minutes from tasks to selling Increased Corporate SG&A Leverage ✓ $25MM+ invested in technology since 2019 ✓ IT & data analytics capabilities ✓ Inventory fulfillment tools 12

View entire presentation