|                  |
|------------------|
|                  |  |
| R. R. Harwood    | 34 North Meramec Avenue |
|             | P.O. Box 7231 |
|             | St. Louis, Missouri  63177 |
|             |   |
| R. C. Lyons      | 34 North Meramec Avenue |
|             | P.O. Box 7231 |
|             | St. Louis, Missouri  63177 |
|             |   |
| D. G. Maxwell    | 34 North Meramec Avenue |
|             | P.O. Box 7231 |
|             | St. Louis, Missouri  63177 |
|             |   |
| K. M. Mazzarella | 34 North Meramec Avenue |
|             | P.O. Box 7231 |
|             | St. Louis, Missouri  63177 |

----

----

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |  |  |  |
| Amount deposited during year |   | Amount withdrawn during year (4) |   | Amount held at end of year |   | Percentage of class held at end of year |
|                         |   |   |   |   |   |   |
| 973,106                      |  |   | 644,803 |  |   | 13,146,878 |  |   | 82.9 | % |
|                         |   |   |   |   |   |   |

|     |                                                                                                                                                  |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The securities consist of shares of Common Stock, par value $1.00 per share (the "Common Stock"), of Graybar Electric Company, Inc. ("Graybar"). |

|     |                                                                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The 1997 Voting Trust terminated on March 31, 2007.  5,170,086 shares of Common Stock were deposited into the 2007 Voting Trust at its inception. |

|     |                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Shares deposited and withdrawn during the year only cover shares that were deposited and withdrawn with respect to the 2007 Voting Trust. |

|     |                                                                                                                                                                                                                                                                                                                                                         |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | The 644,803 shares of Common Stock withdrawn from the Voting Trust in 2014 represent shares purchased by Graybar from employees, retirees or their estates in accordance with Graybar's purchase rights under its amended Restated Certificate of Incorporation. The shares so purchased were placed in Graybar's treasury or cancelled.   |

----

|                                 |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |
| Name and addressof owner        |   | Name of issuerand title of class |   | Type ofownership |   | Amount owned as of March 12, 2015 |   |   | Percentof classowned |   |
| R. R. Harwood                   |   | Voting Trust Interests (A) |   | Direct |   | 19,475 | (B) |   | 0.147% | (C) |
| 34 North Meramec Avenue         |   |   |   |   |   |   |   |   |   |   |
| P.O. Box 7231                   |   |   |   |   |   |   |   |   |   |   |
| St. Louis, Missouri  63177 |   |   |   |   |   |   |   |   |   |   |
|                            |   |   |   |   |   |   |   |   |   |   |
| R. C. Lyons                     |   | Voting Trust Interests (A) |   | Direct |   | 13,593 | (B) |   | 0.102% | (C) |
| 34 North Meramec Avenue         |   |   |   |   |   |   |   |   |   |   |
| P.O. Box 7231                   |   |   |   |   |   |   |   |   |   |   |
| St. Louis, Missouri  63177 |   |   |   |   |   |   |   |   |   |   |
|                            |   |   |   |   |   |   |   |   |   |   |
| D. G. Maxwell                   |   | Voting Trust Interests (A) |   | Direct |   | 12,824 | (B) |   | 0.097% | (C) |
| 34 North Meramec Avenue         |   |   |   |   |   |   |   |   |   |   |
| P.O. Box 7231                   |   |   |   |   |   |   |   |   |   |   |
| St. Louis, Missouri  63177 |   |   |   |   |   |   |   |   |   |   |
|                            |   |   |   |   |   |   |   |   |   |   |
| K. M. Mazzarella                |   | Voting Trust Interests (A) |   | Direct |   | 29,390 | (B) |   | 0.221% | (C) |
| 34 North Meramec Avenue         |   |   |   |   |   |   |   |   |   |   |
| P.O. Box 7231                   |   |   |   |   |   |   |   |   |   |   |
| St. Louis, Missouri  63177 |   |   |   |   |   |   |   |   |   |   |

----

----

|                  |
|------------------|
|                  |  |  |  |  |  |  |  |  |
| Name of          |   | Capacities in |   | Cash Compensation |   |
| Voting           |   | which Compensation |   | Salaries, Bonuses |   |
| Trustee          |   | Received |   | and Directors’ Fees (1) |   |
| R. R. Harwood    |   | Director, Senior Vice President and |   | $ | 456,055 |   |   |
|             |   | Chief Financial Officer |   |   |   |
|             |   |   |   |   |   |
| R. C. Lyons      |   | Director, Senior Vice President - |   | $ | 496,463 |   |   |
|             |   | North America Business |   |   |   |
|             |   |   |   |   |   |
| D. G. Maxwell    |   | Director, District Vice President |   | $ | 255,722 |   |   |
|             |   |   |   |   |   |
| K. M. Mazzarella |   | Director, Chairman of the Board, |   | $ | 1,422,589 |   |   |
|             |   | President and Chief Executive Officer |   |   |   |
|             |   |   |   |   |   |

----

----

|        |
|--------|
|        |  |  |  |  |
|   |   |   |   |   |
|   | As trustees under the Voting Trust Agreement |
|   | dated March 16, 2007. |   |
|   |   |   |   |   |
|   | By |   |   |   |
|   |   | /S/ R. R. HARWOOD |   |   |
|   |   | R. R. HARWOOD |   |   |
|   |   |   |   |   |
|   |   | /S/ R. C. LYONS |   |   |
|   |   | R. C. LYONS |   |   |
|   |   |   |   |   |
|   |   | /S/ D. G. MAXWELL |   |   |
|   |   | D. G. MAXWELL |   |   |
|   |   |   |   |   |
|   |   | /S/ K. M. MAZZARELLA |   |   |
|   |   | K. M. MAZZARELLA |   |   |

----