For the 12th Consecutive Year, Home Hardware Stores Limited is one of Canada’s Best Managed Companies

ST. JACOBS, ONTARIO – May 14, 2024—Home Hardware Stores Limited is pleased to be recognized as one of Canada’s Best Managed Companies for the 12th year running, a testament to the unwavering commitment and professionalism of Team Members across the country.

“It’s an honour to be recognized as one of the country’s Best Managed Companies, and a particularly special honour this year during our 60^th anniversary,” said Kevin Macnab, President and CEO, Home Hardware Stores Limited. “While we continue to improve life at home for all Canadians, one of our biggest driving forces is having strong teams and exceptional talent in place across the country.”

Presented by Deloitte, Canada’s Best Managed Companies celebrates leading privately-owned Canadian companies who demonstrate excellence in strategy, culture, innovation, governance and finance. In its announcement, Deloitte Canada noted that this year’s selected cohort credit their success to having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.

“For over 30 years, the Best Managed program recognizes companies who see challenges as checkpoints and obstacles as opportunities,” said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners, including Home Hardware Stores Limited, have combined strategic expertise and a culture of innovation to not only drive impactful business outcomes, but serve their communities as well. They should be extremely proud of this designation and use it as a catalyst to continue the work they do every day.”

About Home Hardware Stores Limited

Founded 60 years ago in St. Jacobs, Ontario, Home Hardware Stores Limited is proudly Canadian and the country's largest Dealer-owned and operated home improvement retailer with more than 1,000 stores operating under the Home Hardware, Home Building Centre, Home Hardware Building Centre and Home Furniture banners. The Home Hardware Dealer network improves life at home by providing superior home improvement retail experiences through helpful advice and a deep understanding of the communities they serve. Home Hardware Stores Limited is designated as one of Canada's Best Managed Companies and recognized as one of Canada's Best Employers. More information about the company is available at homehardware.ca.

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for private Canadian-owned and managed companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner, one of the new winners selected each year; 2) Canada’s Best Managed Companies winner, award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review; 3) Gold Standard winner, after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years; 4) Platinum Club member, winners that have maintained their Best Managed status for seven years or more. Program sponsors are Deloitte Private, CIBC, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

For more information on Home Hardware, please contact: media@homehardware.ca