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Investor Presentaiton

U.S. Repair & Remodelling Expenditures (US$ billions) $201 $189 $175 $180 $185 $192 $199 90 $168 $158 $147 $139 $130 $137 $122 $115 $115 70 Repair And Remodelling Statistics Remodelling Market Index WFP Source: Forest Economic Advisors (May 2023) '12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22 23E 24E 25E 26E 27E T '12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22 '23E 50 30 '12 '13 '14 '15 '16 '17 '18 '19 '20 '21 122 '23 Leading Indicator of Remodelling Activity (US$ billions) Home Centres - Same Store Sales Growth 7% 7% $484 $471 5% 4% $406 1% $363 $323 $328 $278 $280 $289 $265 $250 $235 4% 3% iilli.. -1% 0% 平 -3% -4% -2% 1% 1% الألم التي -3% -4% 4% 3% 1% 1% 0% -3% -5% Source: National Association of Homebuilders; Future Market Indicators; based on a quarterly survey of NAHB remodeler members that provides insight on current market conditions as well as future indicators for the remodeling market Source: Joint Center For Housing Studies of Harvard University; Home Improvement and Repair Activity trailing 12 months; the Leading Indicator of Remodelling Activity (LIRA) provides a short- term outlook of U.S. national home improvement and repair spending to owner-occupied homes Home Depot Source: Company reports; monthly values May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 -8% Mar-23 0 Apr-23 May-22 Jun-22 Jul-22 Aug-22 Sep-22 45 45 Lowes Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 Above 50 means majority of survey participants are reporting better activity than prior quarter
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