Company: GWW
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001104659-25-021496
Chunk: 59

Company: W.W. GRAINGER, INC.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 59
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 depiction of the Company’s competitive market for talent. Therefore, companies used for compensation comparison purposes differ from those in the industry indices used in the Company Performance Graph in Part II, Item 5 of the Annual Report. The Committee relied on its 2024 independent compensation consultant for survey and market data. The role of management in selecting the comparator group was limited to providing general comments on the relevance of each company represented by the comparator group. The 2024 Compensation Study comparator group is listed below.

| ​ | Compensation Comparator Group(1) |   |   |   |                          |   |   |   |                              | ​ |
| ​ | AutoZone, Inc.                   | ​ | ​ | ​ | Expeditors International | ​ | ​ | ​ | Parker-Hannifin Corporation  | ​ |
| ​ | Avnet, Inc.                      | ​ | ​ | ​ | Fastenal Company         | ​ | ​ | ​ | Stanley Black & Decker, Inc. | ​ |
| ​ | CDW Corporation                  | ​ | ​ | ​ | Genuine Parts Company    | ​ | ​ | ​ | Tractor Supply Company       | ​ |
| ​ | Cintas Corporation               | ​ | ​ | ​ | Henry Schein, Inc.       | ​ | ​ | ​ | United Rentals, Inc.         | ​ |
| ​ | Eaton Corporation plc            | ​ | ​ | ​ | Illinois Tool Works Inc. | ​ | ​ | ​ | Watsco, Inc.                 | ​ |
| ​ | eBay Inc.                        | ​ | ​ | ​ | LKQ Corporation          | ​ | ​ | ​ | WESCO International, Inc.    | ​ |

| ​ | ​                   | ​ | ​ | ​ | 2023 Revenue Rank(2) | ​ | ​ | ​ | 2023 Enterprise Value Rank(3) | ​ |
| ​ | W.W. Grainger, Inc. | ​ | ​ | ​ | 60th Percentile      | ​ | ​ | ​ | 67th Percentile               | ​ |

| ​ | CORPORATEGOVERNANCE | ​ | ​ | PROPOSAL 1:ELECTION OFDIRECTORS | ​ | ​ | PROPOSAL 2:RATIFY THEINDEPENDENTAUDITOR | ​ | ​ | EXECUTIVECOMPENSATION | ​ | ​ | PROPOSAL 3:SAY ON PAY | ​ | ​ | PROPOSAL 4: APPROVALAND ADOPTION | ​ |