Rona Announces The Addition Of A New Affiliate Store In Lévis, Quebec

RONA ANNOUNCES THE ADDITION
OF A
NEW AFFILIATE STORE IN LÉVIS, QUEBEC

Boucherville (Québec), May 1st, 2017 - Lowe's Canada is proud to announce that a new independent affiliate dealer, Matériaux St-Étienne (3114 Lagueux Rd, Lévis, QC) has joined its network and will now bear the RONA banner. Previously associated with a competing banner, the store features 9,000 square feet of retail space, as well as a 200,000-square-foot lumberyard. RONA Matériaux St-Étienne opened officially under its new banner on April 15, 2017, and will maintain all of its 32 existing employees.

Our change of banner was mainly motivated by our desire to partner with a major player to continue developing our market. This decision is in line with our strategy focused on profitability and growth," said Amaury Sauer, co-owner of RONA Matériaux St-Étienne.

RONA Matériaux St-Étienne is owned by Amaury Sauer and Hélène Stichelbout. Management of the store and of essential services is handled by their partners Claude Florent, Hélène Paradis, Yves Savard and Denis Patry.

"Lowe's Canada provides significant support to its network of independent affiliate dealers, who are a key growth driver. The arrival of this new Lévis store in our network is a clear example of our commitment to stimulating our dealers' development. We are proud to welcome RONA Matériaux St-Étienne among us," said Alain Brisebois, Executive Vice-President, Operations Central Services and Affiliate Dealers at Lowe's Canada.

The new location will continue to offer the services of three representatives on the road dedicated to professionals and to developing the contractor market. Customers will be able to benefit from the AIR MILES® rewards program and the very attractive RONAdvantages financing program.

About Lowe's Canada

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2015 sales of $59.1 billion, Lowe's and its related businesses operate or service more than 2,355 home improvement and hardware stores and employ over 285,000 employees. Based in Boucherville, Quebec, Lowe's Canadian business, together with its wholly owned subsidiary, RONA, inc., operates over 535 corporate and independent affiliate dealer stores in a number of complementary formats under different banners. These include Lowe's, RONA, Réno-Dépôt, Marcil, Dick's Lumber and Ace. In Canada, the companies have more than 24,000 employees, as well as more than 5,000 employees in the stores of RONA's independent affiliate dealers.