Mr. Dreiling serves as the Lead Independent Director of the Lowe's Board of Directors. Mr. Dreiling retired as Chairman and Chief Executive Officer of Dollar Tree, Inc., a leading operator of discount variety stores, in November 2024 after serving in that role since January 2023. Mr. Dreiling previously served as the Executive Chairman of Dollar Tree from March 2022 to January 2023.

Prior to Dollar Tree, Mr. Dreiling served as Chief Executive Officer of Dollar General Corporation, one of the nation's largest discount retailers, from 2008 to 2015. He also served as Chairman of Dollar General from 2008 to 2016.

Before joining Dollar General, Mr. Dreiling served as President, Chief Executive Officer and Chairman of Duane Reade Holdings, Inc. and Duane Reade Inc., an operator of a chain of retail drug stores in New York City, from 2007 to 2008. Mr. Dreiling served as President and Chief Executive Officer of Duane Reade from 2005 to 2007. Prior to Duane Reade, Mr. Dreiling served in a variety of senior leadership positions at Longs Drug Stores Corporation, Safeway, Inc. and Vons Co Inc.

Mr. Dreiling served on the boards of Dollar Tree, Inc. from 2022 to 2024, Kellogg Company from 2016 to 2023, PulteGroup, Inc. from 2015 to 2022 and Aramark from 2016 to 2022.

Specific Experience, Qualifications, Attributes and Skills Relevant to Lowe’s

Mr. Dreiling brings to Lowe’s Board more than 50 years of retail industry experience at all operating levels and a unique perspective as a result of his experience progressing through the ranks within various retail companies. Over the course of his career, Mr. Dreiling has developed deep insight into all key areas of a retail business as a result of his experience overseeing the operations, marketing, manufacturing and distribution functions of a number of retail companies. Mr. Dreiling also has strong business development expertise in expanding the footprint and offerings provided by several retailers into new regions.