Lowe's Companies, Inc. · NYSE:LOW
Lowe's Companies — Shareholder Meeting (May 2021)
13 slides from Lowe's Companies's shareholder meeting presentation, May 19, 2021
Slide 1: Shareholder Engagement 2021
“© SHAREHOLDER ~ ENGAGEMENT 22021
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as “believe”, “expect”, “anticipate”, “plan”, “desire”, “project”, “estimate”, “intend”, “will”, “should”, “c
Slide 3: Overview of Lowe's
Overview of Lowe’s Delivering the right home improvement products, with the best service and value, across every channel and community we serve OUR STORY OUR CUSTOMER OUR FOOTPRINT • Founded in 1921 in North Wilkesboro, • ~$900B home improvement market • 1,974 stores across U.S. and Canada NC as of
Slide 4: Successful Implementation of Retail Fundamentals Strategy and Transition to Total Home Strategy
Successful Implementation of Retail Fundamentals Strategy and Transition to Total Home Strategy Total Home Strategy to Accelerate Our Retail Fundamentals Strategy Market Share Gains We are focused on delivering across five key Having the right products in the right place at the right time growth ini
Slide 5: Execution of Strategic Initiatives Leads to Outstanding Fiscal 2020 Results
Execution of Strategic Initiatives Leads to Outstanding Fiscal 2020 Results FOCUS AREAS DESIGNED TO GENERATE SUSTAINABLE STRONG RESULTS IN FY 2020 TSR OUTPERFORMANCE SHAREHOLDER VALUE 1-Year • Driving operational excellence Lowe's throughout the enterprise 45.9% +24% YoY $89.6 B in Sales (2) • Consi
Slide 6: Our Response to the Ongoing COVID-19 Pandemic
Our Response to the Ongoing COVID-19 Pandemic In 2020, Lowe’s rose to the challenges presented by the pandemic through the hard work and dedication of our associates who supported our communities and helped our customers keep their homes and businesses safe and operational STORE SAFETY ASSOCIATE SUP
Slide 7: Executive Compensation Program Linked to our Strategy
Executive Compensation Program Linked to our Strategy Element Form Key Characteristics Link to Shareholder Value Base Cash • Fixed compensation tied to scope • Encourage retention and 2020 CEO PAY MIX Salary and responsibilities of executive’s attraction of top talent (11%) position 67% Long-Term An
Slide 8: 2020 Compensation Outcomes Demonstrate Pay for Performance Alignment
2020 Compensation Outcomes Demonstrate Pay for Performance Alignment NEW ELEMENTS OF ANNUAL DECISIONS & OUTCOMES INCENTIVE AWARDS The Compensation Committee takes a thoughtful approach to • Added Pro Sales Growth as a strategic goal administering our program during our business transformation to foc
Slide 9: Focus on Recent Diversity & Inclusion and Sustainability Updates
Focus on Recent Diversity & Inclusion and Sustainability Updates Culture, Diversity & Inclusion Corporate Sustainability • D&I Report: In April 2021, we released our 2020 • In 2020, we refreshed our materiality assessment and conducted a Task Culture, Diversity & Inclusion Update, which Force on Cli
Slide 10: Highly Engaged and Diverse Board Provides Strong Oversight of Corporate Strategy
Highly Engaged and Diverse Board Provides Strong Oversight of Corporate Strategy Gender 36% David H. Sandra B. Richard W. Angela F. Braly Raul Alvarez Laurie Z. Douglas Women Batchelder Dreiling Cochran Ind. Chairman of the 64% Director Since: 2010 Director Since: 2018 Director Since: 2013 Director
Slide 11: We Value Your Support
We Value Your Support We request your support at the 2021 Annual Meeting of Shareholders FOR Election of the 11 director nominees each of the nominees ü Approval, on an advisory basis, of our NEO compensation in FOR ü fiscal 2020 Ratification of the appointment of Deloitte & Touche as our FOR indepe
Slide 12: Appendix
AppendixAppendix
Slide 13: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures Management of Lowe's Companies, Inc. (the Company) uses certain non-GAAP financial measures because it considers them to be important supplemental measures of the Company's performance. Management also believes that these non-GAAP financial measures prov