Company: GWW
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001104659-25-021496
Chunk: 128

Company: W.W. GRAINGER, INC.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 128
---
UTIVECOMPENSATION | ​ | ​ | PROPOSAL 3:SAY ON PAY | ​ | ​ | PROPOSAL 4: APPROVALAND ADOPTION | ​ | ​ | QUESTIONS ANDANSWERS | ​ | ​ | APPENDICES | ​ |

TABLE OF CONTENTS

| ​ | ● | ​ | ​ | B-4 | ​ | ​ | 2025proxy statement | ​ |

(1) Excludes the loss (gain) on divestiture of E & R Industrial Sales, Inc., and Cromwell’s enterprise software business completed in the fourth quarters of 2023 and 2022, respectively. (2) Excludes restructuring charges in SG&A of $15 million in the High-Touch Solutions N.A. segment and $1 million in Grainger’s Other businesses recorded in the second quarter of 2024. The charges consisted primarily of team member severance and benefit costs. (3) For purposes of the 2022-2024 PSU cycle, the three year average was based on performance compared to the prior year period for 2024 (-27 bps), 2023 (+132 bps) and 2022 (+253 bps). Basis point figures are calculated on amounts prior to rounding in the reconciliation above and for this reason may vary slightly from those obtained by performing the same calculations using the figures provided above.

| ​ | ​                                                       | ​ | ​ | ​     | ​ | ​     | ​ | ​ | ​ | Twelve Months Ended December 31, |   |       |   |   |   |      |   |      |   |   |   |      |   |       |   | ​ |
| ​ | Daily Sales—Endless Assortment                          | ​ | ​ | Total |   |       |   | ​ | ​ |                             2024 |   |       |   | ​ | ​ | 2023 |   |      |   | ​ | ​ | 2022 |   |       |   | ​ |
| ​ | Reported sales (GAAP)                                   | ​ | ​ | ​     | ​ | ​     | ​ | ​ | ​ |                                ​ | ​ |  7.5% | ​ | ​ | ​ |    ​ | ​ | 4.7% | ​ | ​ | ​ |    ​ | ​ |  8.2% | ​ | ​ |
| ​ | Daily impact(1)                                         | ​ | ​ | ​