Spectrum Paint: Year In Review 2021

YEAR IN REVIEW 2021 SALES & OPERATI O NS AWA R DS H IG H LIG H TS S ERV IC E AWARDS

2021 he year 2021 was another year like we have never witnessed before. We once again were forced to deal with the pandemic and the political tension that has been a mainstay in our society over the past two years. However, we were also challenged with a crisis unlike any I have witnessed in my lifetime. The pandemic induced manufacturing shutdowns and created inventory shortages that impacted almost every manufactured product, including the paint business. Our industry was impacted even greater due to the cold, winter freeze that plunged south down into Texas and Louisiana in February, damaging dozens of raw material plants. What proceeded, starting in April, was an everyday challenge to procure inventory to take care of our customers in an economy quickly recovering from the shutdowns of 2020. It was yet another opportunity for our employees and vendors to show customers how capable we are to take care of them in good times as well as difficult times. We soon found that our competitors could not keep supply up with demand and many of their customers reached out for assistance. This created an incredibly difficult situation for some of our stores who saw their sales virtually double overnight. In almost every instance, we rose to the challenge.

I realize that we are still working through some of the challenges that 2021 presented, but I also know we have a team of people who are proud of our ability to compete and reach new heights. We increased our workforce by over 15% in the last 12 months and we continue to look to expand our workforce in 2022. We anticipate adding several new stores in the coming year and we have added a 9th state to our footprint when we opened our first of several locations in the Tampa, Florida market.

Thank you for all you have done, all you are continuing to do, and for showing the industry the Spectrum Difference.

2 | SPECTRUM 2021

NEW STORES ST. J OS EP H, MO

HILTON HEAD, SC

S HAW N EE, KS

HENRICO, VA

DURHA M, N C SPECTRUM 2021 | 3

REGION Nº 1 STO RE O F TH E YE A R REGI O N N º 1 Tulsa Admiral, Manager Danny Smallen

O UTSTA N DI NG ACCO U NT M AN AGER | R EG I O N Nº1 Carmen Bernal

DAN N Y SMALLEN

CARMEN BE RN A L

REGION Nº 2 STO RE O F TH E YE A R REGI O N N º 2 OKC Eastern, Manager Chris Eastep

O UTSTAN DI NG ACCO U NT MAN AGER | R EG I O N Nº2 Lonnie Watson

CH R I S EASTEP

4 | SPECTRUM 2021

LO N N I E WATSO N

REGION Nº 3 STO RE O F TH E YE A R REGI O N N º 3 Springfield, Manager Leslie Rathbun

O UTSTA N DI NG ACCO U NT M AN AGER | R EG I O N Nº3 Zack Mahan

L ES L I E RATHBUN

Z ACK M AHA N

REGION Nº 4 STO RE O F TH E YE A R REGI O N N º 4 Knightdale, Manager Andy Cecchini

OUTSTANDING ACCOUNT MANAGER | REGION Nº4 Richard Kipp

AN DY CECCHINI

RI CHARD K I P P

SPECTRUM 2021 | 5

REGION Nº 5 STO RE O F TH E YE A R REGI O N N º 5 Murrells Inlet

O UTSTA N DI NG ACCO U NT M AN AGER | R EG I O N Nº5 Bob Callahan

MU R R EL LS INLET

BO B CAL L AHA N

REGION Nº 6 STO RE O F TH E YE A R REGI O N N º 6 Omaha L St, Manager Mike Walker

O UTSTAN DI NG ACCO U NT MAN AGER | R EG I O N Nº6 Craig Hofmeister

MI KE WALKER

6 | SPECTRUM 2021

CRAI G HO F MEI STER

REGION Nº 7 STO RE O F TH E YE A R REGI O N N º 7 Topeka, Manager Skip Campmire

O UTSTA N DI NG ACCO U NT M AN AGER | R EG I O N Nº7 Mark Johnson

S KI P CAMPMIRE

MARK J O HN SO N

REGION Nº 8 STO RE O F TH E YE A R REGI O N N º 8 Glen Allen, Manager Dale Napier

OUTSTANDING ACCOUNT MANAGER | REGION Nº8 Mark Grider

DALE NAPIER

MARK GRI DER

SPECTRUM 2021 | 7

2021 AWARDS

NATIONAL STORE OF THE YEAR Tulsa Skelly, Manager Don Kaylor Region 1

NATIONAL ACCOUNT MANAGER OF THE YEAR JOHN DETTER AWARD Cole Stubby Region 2

REGIONAL SALES MANAGER OF THE YEAR Gary Reynolds Region 2

REGIONAL OPERATIONS MANAGER OF THE YEAR Johnny Fernandez Region 1

8 | SPECTRUM 2021

BEST REVIEWED STORE 2021 Bentonville, Manager Jerry Martin 58 – Five-Star Reviews Region 3

NATIONAL RETAIL STORE OF THE YEAR Claremore, Manager Curtis Coyle Region 1

DRIVER OF THE YEAR

IN MEMORIAM

Claremore, Driver Jerry Key Region 1

MARCO WILKINSON | DEL IVERY DR IVER , M Y RT L E B EAC H “Marco wasn’t with our company for very long, but he was a fun northerner that was full of energy.

He loved to make everyone laugh with a quick sarcastic statement.”

R AN DY BUTLER | COUNTER SA L ES SP EC IA L IST, O M A HA L ST Randy’s career started with the Iowa Paint Company. Through the years he held many positions in the paint industry from outside sales rep, store manager, to counter sales. Randy was very knowledgeable and provided great customer service and color matching over his 40 year career. Store Manager, Mike Walker’s, favorite memory of Randy was when Mike took over in 2007 at Kwal Paint. While getting to know the store staff, including Randy, they both realized they were in the same class in Junior High in 1970. Randy enjoyed a “simple life,” including spending time with family & friends.

SPECTRUM 2021 | 9

HIGHLIGHTS 10 | SPECTRUM 2021

Food Drive, Norfolk, VA Team

Donation for City of Conway, SC Mural

Grand Opening with Stormy, Durham, NC

Corporate Olympics Champions, Region 1 Team

Habitat for Humanity Projects, Region 7 Team

Hardware Grand Opening, Henrico, VA

Taste of Claremore Concert, Claremore, OK

35th Anniversary Truck T-Shirts

SUPPLIER OF THE YEAR ABOU T SolvChem, Inc., Consumer Products Division is a consumer products company, located in Pearland, Texas, manufactures home improvement products used primarily for paint sundry projects as well as fuels for lighting and heating. These premium products - sold under the Crown® brand, known as 'The Brand Preferred by Professionals'® for more than 40 years - are available through wholesalers and retailers.

Chris Matherne,

Adrienne Melton,

Director of Sales at SolvChem, Inc.

Sales Manager at SolvChem, Inc.

“In a very tough year for everyone regarding inventory, Packaging Services really stepped up and showed what a great partnership is supposed to be. They had great communication and made sure we were always ahead so we wouldn’t run out of our key items.”

– Spectrum Purchasing Team

SPECTRUM 2021 | 11

SERVICE AWARDS 2 YEAR EMPLOYEES

MARISSA ROSSI Accounts Payable Clerk

COLE STUBBY Account Manager, Oklahoma City

VANCE HARRELL Account Manager, Raleigh, NC

LEA WALLACE Asst. Store Manager, Charleston, SC

CODY JONES Counter Sales Specialist, Bolivia, NC

DANIEL CHISOLM Store Manager, Fort Smith, AR

AMELYA WILMOTT Marketing Coordinator

KERAMAT TAGHIZADEH Delivery Driver, Oklahoma City South

R EG IO N N º 6

R EGION N º 1

TYLER RUFFINO Warehouse Associate - Tulsa, OK

LYNNE FORREST Administrative Assistant

R EGI O N N º 2

R EGI O N N º 3 ISAIAH COOK Counter Sales Specialist, Springfield, MO

ROQUE MONTANOVENTURA, JR. Asst. Store Manager, Wake Forest ASHLEY RIVERA RODRIQUEZ Counter Sales Specialist, Shallotte, NC

CHRISTOPHER COLE Asst. Store Manager, Olathe, KS AJ FLYNN Store Manager, Gretna, NE

TYLER GREEN Asst. Store Manager, Fort Smith, AR

REESE DAVIS Delivery Driver, Oklahoma City Portland

JORDAN HOPPER Accounts Receivable Clerk

CHRIS EASTEP Store Manager, Oklahoma City South

RYAN LIVELY Asst. Store Manager, Tulsa Skelly

KODY HASTINGS Counter Sales Specialist, Yukon, OK

JASON COMBS Account Manager, Knightdale, NC

R EG IO N N º 5

R EG IO N N º 8

GISSELLA LOPEZ Accounts Payable Clerk - East

SHANE MCKENZIE Regional Industrial Sales Manager Wood Finishes

WESLEY DILLANEWARWICK Asst. Store Manager, Fayetteville, NC

CHRISTOPHER JONES Account Manager, Myrtle Beach, SC

STACEY BEECHER Counter Sales Specialist, Norfolk, VA

JONATHAN RHODES Counter Sales Specialist, Lawton, OK

CHRIS FORMICHELLI Regional Store Operations Manager, Knightdale, NC

QUINCY SCOTT Store Manager, Charleston, SC

TOM LUND Counter Sales Specialist, Claremore, OK

5 YEAR EMPLOYEES REGION Nº 1 KELSEY TAYLOR Fixed Asset Manager/ East Accounts Payable Manager

12 | SPECTRUM 2021

KAT GHOLSTON Store Manager, Joplin, MO R EGI O N N º 4

REGION Nº 2

REGION Nº 3

MIKE NELSON Asst. Store Manager, Oklahoma City Portland

ELLE BROWN Store Manager, Little Rock Cantrell

ETHAN PIPKIN Delivery Driver, Oklahoma City Portland

THOMAS HURT Management Trainee, Bentonville, AR ERIC PINCIPATO Counter Sales Specialist, Branson, MO

RICK STAMPER Asst. Store Manager, Summerville, NC

JUSTIN RILEY Account Manager, Joplin, MO BLAKE SMITH Account Manager, Springfield, MO REGION Nº 4 JOSH KIRBY Asst. Store Manager, Shallotte, NC

R EG IO N N º 7 CODY PARKER Store Manager, Manhattan, KS MATT WILLIS Store Manager, South Overland Park, KS

STEVE JONES Account Manager, Richmond, VA MEGAN LOVING Counter Sales Specialist, Fredericksburg, VA JOHN MORROW Store Manager, Clover Hill Midlothian, VA ANGELICA PEREZ Asst. Store Manager, Clover Hill Midlothian, VA THOMAS RIPLEY Hardware Store Manager, Broad Street Richmond, VA

TERRY DUVALL Store Manager, Garrisonville, VA

REGION Nº 6 BOTCH WARREN Delivery Driver, Liberty, MO REGION Nº 8 CHARLES BAILEY II Counter Sales Specialist, Broad Street Richmond, VA

KIM BLACKBURN Store Manager, Ghent Norfolk, VA SUSAN BRYANS Store Manager, Virginia Beach, VA STEPHEN BURTON Account Manager, Richmond, VA

JULIA COLGIN Accounts Receivable Manager - East, Richmond, VA

Specialist, Beverly Hills Henrico, VA TRENT HANSLEY Account Manager, Chesapeake, VA

BUDDY DAVIS Account Manager, Lynchburg, VA

GREGORY HATCH Asst. Store Manager, Lynchburg, VA

STAN FORBES Account Manager, Chesapeake, VA

JOHN HOWARD, JR. Asst. Store Manager, Midlothian Richmond, VA

RON GALLO Store Manager, Chesapeake, VA

MARVIN JONES Asst. Store Manager, Fredericksburg, VA

STAN GASIOROWSKI Counter Sales

10 YEAR EMPLOYEES SHELLY PERKINS Region Nº 1 | Accounts Payable Manager

KAY LAWRENCE

ROB REYNOLDS, JR.

Counter Sales Specialist, Broad Street Richmond, VA

Regional Sales Manager, Richmond, VA

JONATHAN LIVERMAN

BARBARA RITTER Counter Sales Specialist, Virginia Beach, VA

Asst. Store Manager, Virginia Beach, VA DALE NAPIER Store Manager, Glen Allen, VA

BRYAN NUCKOLS Regional Store Operations Manager, Richmond, VA LARRY POPE Asst. Store Manager, Broad St Richmond, VA

JOHN TATUM Vice President of Store Operations, Richmond, VA DEWAYNE THAXTON Counter Sales Specialist, Broad Street Richmond, VA

CINDY SEXTON Store Manager, Midlothian Richmond, VA

DAVID SMITH Account Manager, Fredericksburg, VA LYNWOOD TATUM III Store Manager, Beverly Hills Henrico, VA

CRAIG THOMPSON Store Manager, Broad Street Richmond, VA

CLEVELAND WHEATLEY Asst. Store Manager, Chesapeake, VA REGION Nº 9 LAURIE WALKER Manager Clover Hill (now Brandon, FL)

BRYAN WARD Account Manager, Chesapeake, VA

CODY WHITTAKER Region Nº 1 | Account Manager, Fort Smith, AR

WILLY PAULUS Region Nº 2 | Store Manager, Lawton, OK

15 YEAR EMPLOYEES

RANDY BROSS Region Nº 2 | Store Manager, Yukon, OK

DARIN COMER Region Nº 3 | Counter Sales Specialist, Joplin, MO

GARY REYNOLDS, JR. Region Nº 2 Regional Sales Manager, Oklahoma City, OK

WAYNE HAY

TEDDY GARRIGUS Region Nº 3 | Store Manager, Branson, MO

SHAWN STILLMAN Region Nº 3 Store Manager, Little Rock Chenal

Region Nº 2 | Store Manager, Oklahoma City

25 YEAR EMPLOYEES MIKE BARABASZ Region Nº 1 | Account Manager, Tulsa, OK

DEANNA MORRISON Region Nº 1 | Purchasing Associate

30 YEAR EMPLOYEES SHANE JENNINGS Region Nº 1 | Account Manager, Tulsa, OK

DEBBIE WATKINS Region Nº 1 | Accounts Payable Clerk

SPECTRUM 2021 | 13

Mike Barabasz, 25 years

Debbie Watkins, 30 Years

Debbie Watkins & Deanna Morrison

Deanna Morrison, 25 Years; Shane Jennings, 30 Years

Shane Jennings