The billion dollar m&a club of 2013 by Sutherland Global Services

The Billion Dollar M&A Club of 2013 May, 2014

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The Billion Dollar M&A Club of 2013 (1/5) 1

Acquirer

Men’s Wearhouse

Acquired

Jos. A. Bank Clothiers Inc

Deal Value

c. 1.8 Bn USD

Deal time

November, 2013

Acquirer

Jarden

Acquired

Yankee Candle

Deal Value

c. 1.75 Bn USD

Deal time

October, 2013

“ … we are pleased to have reached this agreement with Jos. A. Bank, which we believe will deliver substantial benefits to our respective shareholders, employees and customers ... together, Men’s Wearhouse and Jos. A. Bank will have increased scale and breadth, and Jos. A. Bank’s strong brand and complementary business model will broaden our customer reach. We expect the transaction will be accretive to Men’s Wearhouse’s earnings in the first full year ... ”

– Doug Ewert, President and CEO, Men’s Wearhouse

“ ... we are delighted to announce this acquisition, which is consistent with our more than ten-year track record of success in acquiring leading consumer brands synonymous with their niche categories. The iconic Yankee Candle brand is a natural extension of our existing portfolio and of our Branded Consumables business segment. As a successful, well-managed and well-invested business, Yankee Candle is a solid platform for us to leverage our proven, time-tested and portable brandbuilding approach and to drive additional value through investments in brand equity, product development and innovation. As our first significant acquisition since April 2010, Yankee Candle embodies all of the characteristics of our market-leading brands, while offering a compelling financial and strategic value proposition ... ” - Martin E. Franklin, Founder and Executive Chairman, Jarden

www.sutherlandglobal.com May 19, 2014

The Billion Dollar M&A Club of 2013 (2/5) 3

P/E group: Advent International, CDIB Capital, Mirae Asset Private Equity and the Sassoon family

Acquirer

Acquired

Deal Value

Coffee Bean & Tea Leaf

> 1 Bn USD

“ ... we have followed The Coffee Bean for many years, in particular its rapid expansion in Asia, and have been impressed by the strength of the brand and its connection with its consumer base ... we believe that the company’s authentic Southern California brand heritage and global resonance provides a strong base for the future ... ” – HY Kim, Managing Director, CDIB Capital

Deal time

September, 2013

Acquirer

Advance Auto Parts

Acquired

General Parts International (parent of Carquest Auto Parts)

Deal Value

c. 2.0 Bn USD

Deal time

October, 2013

“ ... we are excited about the completion of this transaction and the opportunity it presents for our customers and the over 70,000 team members. This combination positions Advance as the largest automotive aftermarket provider of parts, accessories, batteries, and maintenance items in North America. Strategically it provides us with a compelling opportunity to expand our geographical presence, channels of distribution, and commercial capabilities to better serve customers and deliver value to shareholders ... ” – Darren R. Jackson, CEO, Advance Auto Parts

www.sutherlandglobal.com May 19, 2014

The Billion Dollar M&A Club of 2013 (3/5) 5

Acquirer

Kroger

Acquired

Harris Teeter

Deal Value

c. USD 2.6 Bn

Deal time

July, 2013

– W. Rodney McMullen, CEO, Kroger

Office Depot

Acquirer

OfficeMax

Acquired

“ ... we are pleased that our merger is complete and look forward to bringing together the best of Kroger and Harris Teeter to benefit our customers, associates and shareholders ... this merger brings the exceptional Harris Teeter brand and a complementary base of stores in attractive markets to the Kroger family. We have long respected Harris Teeter's customer orientation, friendly and professional associates, strong management team, and company values – which are consistent with ours. Together, through our Customer 1st Strategy, we are going to be an outstanding combination ... ”

Deal Value

c. USD 1.2 Bn

Deal time

February, 2013

“ ... we have been preparing for the integration for the past several months and are delighted that, with this key regulatory milestone now complete, we have taken another step in our path to becoming a combined company ...this merger represents a new beginning for Office Depot and OfficeMax one that will enable us to create a stronger, more efficient global provider better able to compete in the dynamic and rapidly changing office solutions industry. We remain confident that the transaction will benefit our customers and shareholders for years to come, and will provide exciting new opportunities for associates as part of a global business ... ” – Neil Austrian, Chairman and CEO, Office Depot

www.sutherlandglobal.com May 19, 2014

The Billion Dollar M&A Club of 2013 (4/5) 7

Acquirer

Sobey’s

Acquired

Deal Value

Safeway’s Canada Division

c. USD 5.8 Bn

“ ... after the acquisition, Sobeys will be a leading grocer in Western Canada and the largest grocer in Alberta, an attractive, high-growth market ... this acquisition represents a unique and highly strategic opportunity for Sobeys to leverage its existing asset base, effectively creating a new platform for growth ... ” – Paul Sobey, President and Chief Executive, Sobeys

Deal time

June, 2013

Acquirer

Walgreen

Acquired

Alliance Boots

Deal Value

c. USD 4 Bn + Stock

Deal time

June, 2013

“ ... following last year’s announcement of our strategic partnership, Alliance Boots and Walgreens have already made good progress in paving the way for the creation of the first global health and wellbeing enterprise ... ” – Gregory D. Wasson, President and CEO, Walgreen Co.

www.sutherlandglobal.com May 19, 2014

The Billion Dollar M&A Club of 2013 (5/5) 9

Acquirer

The Canada Pension Plan Investment Board and Ares Management (private equity)

Acquired

Neiman Marcus

Deal Value

c. USD 6.0 Bn

Deal time

October, 2013

“ … this is an excellent opportunity to invest in a leading omnichannel luxury retailer, operating two of the most iconic retail brands in the U.S ... ” – André Bourbonnais, Senior Vice-President, Private Investments, CPPIB

Acquirer

Cerberus Capital Management/New Albertson’s

Acquired

Supervalu (Albertson’s and Jewel-Osco)

Deal Value

c. USD 3.3 Bn

“ ... we plan on investing meaningful capital into the business to ensure Neiman's long-term position as the unparalleled leader in luxury retail ... ” – David Kaplan, Senior Partner and Co-head, Private equity group – Ares

“ ... the successful completion of this transaction marks a significant milestone for Supervalu and our shareholders, customers, and employees ... as we move forward, Supervalu will continue as one of the largest wholesale grocery providers in America serving nearly 2,000 independent retailers in 43 states ... ” – Sam Duncan, President and CEO, Supervalu

Deal time

March, 2013

www.sutherlandglobal.com May 19, 2014

End of Presentation