Lowe's Canada donates $1,225,000 to the Fondation Charles-Bruneau

More than 90 cyclists rode with the Lowe's Canada team during the 2018 edition of the Tour CIBC Charles-Bruneau

Boucherville, QC – July 6, 2018 — Lowe’s Canada, a leading home improvement company operating or servicing over 630 corporate and affiliated stores under different banners, is proud to announce a donation of $1,225,000 to the Foundation Charles-Bruneau. The donation amount was revealed at the finish line of the Tour CIBC Charles-Bruneau, which ended at the Parc de la Mairie in Boucherville on Friday, July 6, 2018.

"At Lowe's Canada, we are determined to help people love where they live and to have a positive impact on the lives of Canadians," said Sylvain Prud'homme, President and CEO of Lowe's Canada. "As a partner of the Tour CIBC Charles-Bruneau, we have the opportunity to provide meaningful support to pediatric oncology research and to make a real difference in the lives of thousands of children fighting cancer."

For its first year as a Diamond Partner of the Tour, Lowe's Canada brought together a team of more than 90 cyclists made up of employees from the Boucherville head office and from RONA and Reno-Depot stores across Quebec, in addition to suppliers. Members of the Lowe's Canada team took part in one of the four proposed treks ranging from 50 km to 600 km, raising an impressive $283,446. The rest of the amount given to the Foundation Charles-Bruneau comes from a corporate donation made by Lowe's Canada and a fundraising campaign held in Quebec's corporate RONA and Reno-Depot stores from June 8 to July 6.

"I want to acknowledge the involvement of the Lowe's Canada team cyclists as well as the work of all employees who contributed to the success of the in-store fundraising campaign. The amount collected thanks to their efforts is testament to the importance that both our employees and our customers—who have shown great generosity—place on our commitment to helping people love where they live," added Mr. Prud'homme. "I would like to thank our suppliers, our customers, and the families and friends of cyclists who supported this cause and, in doing so, helped build a future without cancer for the children of Quebec."

"We're lucky to be able to count on a partner like Lowe's Canada to support us in our mission to offer Quebec children living with cancer the best chance of recovery," emphasized Pierre Bruneau, spokesperson of the Foundation Charles-Bruneau. “The cyclists and employees of the organization worked tirelessly to make the 2018 campaign a tremendous success. The large sum donated to the Foundation will enable us to propel research in pediatric oncology and to give thousands of children the hope of a life without cancer."

About the Foundation Charles-Bruneau
The Foundation Charles-Bruneau is proud to be the largest funder of pediatric hematology and oncology research in Quebec. The latest commitments announced are necessary to allow major breakthroughs in research. In the next couple of years, $22 million will be invested in the Charles-Bruneau Immuno-Hemato-Oncology Research Unit at the CHU Sainte-Justine. $4 million will also be donated to the Montreal Children's Hospital. Two objectives will serve to guide researchers: finding a cure for the 20% of children whose cancer is resistant to treatment, and improving the quality of life of children in remission so that they can enjoy a true recovery, free of side-effects and complications. While these commitments are ambitious, the Foundation is confident that it can count on its loyal partners and the people. Over the past 28 years, the sum of $15 million has been invested in research, and an additional $40 million has gone toward the construction, procurement, and development of a Cancer Centre, a research center, and three Charles-Bruneau units in Quebec.

About Lowe's Canada
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 18 million customers a week in the United States, Canada and Mexico. With fiscal year 2017 sales of $68.6 billion, Lowe’s and its related businesses operate or service more than 2,390 home improvement and hardware stores and employ over 310,000 people. Based in Boucherville, Quebec, Lowe’s Canadian business, together with its wholly owned subsidiary, RONA inc., operates or services more than 630 corporate and independent affiliate dealer stores in a number of complementary formats under different banners. These include Lowe’s, RONA, Réno-Dépôt, Dick’s Lumber, Contractor First, and Ace. In Canada, the companies have more than 28,000 employees, in addition to nearly 5,000 employees in the stores of RONA’s independent affiliate dealers.