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NEED NOW PLEASE Refer to the financial statements below. Determine the par value of Lowe's common stock. Financial Statements of Lowe's Companies, Inc. O $0.01

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Refer to the financial statements below. Determine the par value of Lowe's common stock. Financial Statements of Lowe's Companies, Inc. O $0.01 O $5.00 O $7.77 O $0.50 Lowe's Companies, Inc. Consolidated Statements of Earnings (In millions, except per share and percentage data) Fiscal Years Ended January 29, 2021 January 31, 2020 February 1, 2019 Current Earnings Amount % Sales Amount % Sales Amount % Sales Net sales 89,597 100.00 % 5 72,148 100,00 % S 71,309 100,00 % Cost of sales 60,025 66.99 49,205 68.20 48.401 67.88 Gross margin 29,572 30.01 21,943 31.80 22.908 32.12 Expenses Selling, general and administrative 18,526 20.68 15,367 21.30 17.413 24.41 Depreciation and amortization 1.399 1.56 1,262 1.75 1.477 2.07 Operating Income 9.647 10.77 6,314 8.75 4,018 5.64 Interest - net 848 0.95 691 0.96 624 0.88 Los on extinguishment of debt 1,060 1.18 Pre-tax earnings 7,739 8.64 5,623 7.79 3,394 4.76 Income tax provision 1,904 2.13 1.342 1.86 1,080 1.52 Net earnings 5.835 6.51 % 4,281 5.93 % 5 2,314 3.24% Basic earnings per common share s 7.77 5 5.49 s 2.84 Diluted earnings per common share $ 7.75 S 5.49 $ 2.84 Lowe's Companies, Inc. Consolidated Statements of Comprehensive Income (In millions, except percentage data) Fiscal Years Ended January 29, 2021 January 31, 2020 February 1, 2019 Amount % Sales Amount % Sales Amount % Sales Net earnings 5,835 6.51 % S 4,281 5.93 % S 2,314 3.24% Foreign currency translation adjustments - net of tax 78 0.09 94 0.13 (0.30) Cash flow hedges -- net of tax (79) (0.09) (22) (0.03) a) Other 1 1 2 Other comprehensive income (los) 73 0.10 (220) (0.30) Comprehensive Income 5,835 6.51 % S 4,354 6.03 % 5 2,094 2.94% See accompanying notes to consolidated financial statements. (221) Lowe's Companies, Inc. Consolidated Balance Sheets (In millions, except par value) January 29, 2021 January 31, 2020 4,690 $ 506 16,193 937 22,326 19.155 3,832 200 340 882 46,735 S 716 160 13,179 1,263 15,318 18,769 3,891 372 216 905 39,471 1,112 541 Assets Current assets: Cash and cash equivalents Short-term investments Merchandise inventory-net Other current assets Total current assets Property, less accumulated depreciation Operating lease right-of-use assets Long-term investments Deferred income taxes - net Other assets Total assets Liabilities and shareholders' equity Current liabilities: Short-term borrowings Current maturities of long-term debt Current operating lease linbilities Accounts payable Accrued compensation and employee benefits Deferred revenue Other current liabilities Total current liabilities Long-term debt, excluding current maturities Noncurrent operating lease liabilities Deferred revenue - extended protection plans Other liabilities Total liabilities Commitments and contingencies Sharcholders' equity: Preferred stock - S5 par value: Authorized - 5.0 million shares; Issued and outstanding-nonc Common stock - S0.50 par value: Authorized - 5.6 billion shares; Issued and outstanding - 731 million and 763 million, respectively Capital in excess of par value Retained carnings Accumulated other comprehensive loss Total shareholders' equity Total liabilities and shareholders' equity See accompanying notes to consolidated financial statements. 10,884 1,350 1,608 3,235 18,730 20,668 3,890 1,019 1,941 597 501 7,659 684 1.219 2,581 15,182 16,768 3.943 894 712 37,499 991 45,298 - 381 366 90 1.117 (136) 1,437 46,735 $ 1,727 (136) 1,972 39,471 $ Lowe's Companies, The Consolidated Statements of Shareholders' Equity (in millions, except per share data) Acumulated Common Stock Capital in Other Total Face Retained Comprehensive Shareholders Shares Amount of Par Valee Warning: Income) Equity Balance Pernery 2, 2018 30 415 5.4255 115 SRT Cumulative effect of accounting change 33 33 Netamine 2.314 2314 Other compensive low (220) (230) Clash dividende deel 15 per share (1.500) (1.500 Share-based expose 74 74 Repurchase of common sock (2) (16) (209) (2.20) 0.045) Ince of common wock under share based payment plans 3 2 113 115 Balance February 1, 2019 2015 4015 5 (200) 5 3.64 Cumulative effect of accounting change (263) (263) Netering 4,281 4.781 Other comprehensive income 73 73 Cash dividende declared, $2.13 per share (1,653) (1.653) Share-based payment expense 98 98 Repurchases of common stick (21) 0214) (4,090) (4.325) Ince of common stock under share based payment plans 116 117 Balance January 31, 2020 7635 3815 $ 1,727 5 (136) 1.972 Net carnings 5.835 5,835 Cash dividends declared, 52.30 per share (1.724) 1,724 Share-based payment expense 155 155 Repurchases of common stock (34) (16) Q214) (4.721) (4,951) Iance of common stock under share based payment plans 2 149 150 Balance January 29, 2021 7315 3665 90S 1,117 S (136) 1,437 See accompanying notes to consolidated financial statements. IL TIL BI-BILISI ILI 85 LETTERE Lowe's Companies, Inc. Consolidated Statements of Cash Flows In millions) Fiscal Year Ended January 19, January 31, February 1, 2031 2020 2019 $ 5,8355 4.2015 2,314 1.607 1,594 479 (IOS) 139 1410 US 177 117 (151) 630 952 1,060 155 98 74 (2,967) 326 3.211 512 813 11.049 (600) 064) (637) (15) (639) 4.296 (1.289) (101) 1.720 23 414 6,193 Cash news from operating ethitler: Net earning Adjustments to reconcile et ringtone con provided by operating tivities Depreciation and marition Nonush lease expense Deferred income taxes Lesson property and other net Impairment of goodwill Lesse extinguishment of debt Share-based payment Expense Changes in operating assets and liabilities: Merchandise inventory - Other operating nets Accounts payable Deferred revenue Other operating liabilities Net cash provided by operating activities Cash Bows from investing activities Purchases of investments Proceeds from sale/maturity of investments Capital expenditures Proceeds from unie of property and other long-term asseta Othernet Net cashed is tevesting activities Cash flows from financing activities: Net change in commercial paper Net proceeds from lasuance of debt Repuyment of debe Proceeds from issuance of common stock under share-based payment plans Cash dividend payments Repurchases of common stock Othernet Net cash used in financing activities Effect of exchange rate changes on cash Net increaso (decrease in cash and cash equivalents, including cash classified within current assets held for sale Less: Net decrease increase) in cash classified within current assets held for sale Net increase(decrease) in cash and cash oquivalents Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year See accompanying notes to consolidated financial statements (3,094) 2,926 (1.791) 90 (25) (1,894) (743) 695 (1484) 163 (1,373) 1,393 (1,174) 76 (2) (1.080) (1.369) (415) (941) 7,929 (5,618) 152 (1.706) (4.971) (38) (5.191) 10 220 3,972 (1.113) 118 (1.618) (4,313) (1) (2,735) (326) 114 (1.455) (3,037) (5) (5,124 1 3,974 3.974 716 4,6905 193 12 205 511 7165 (23) (54) (77) 588 511

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