EFTA01382335.pdf

Amendment No. 3 to Form S-I Table of Contents systematically monitor emerging trends in food and source new and innovative products to offer in our stores. In addition, we are focused on continuing to deliver personalized and promotional offers to further develop our relationship with our customers and on expanding our online and home delivery options. Make Disciplined Capital Investments. We believe that our store base is modern and in excellent condition. We apply a disciplined approach to our capital investments, undertaking a rigorous cost-benefit analysis and targeting an attractive return on investment. Our capital budgets are subject to approval at the corporate level, but we empower our division leadership to prudently allocate capital to projects that will generate the highest return. Identical Store Sales We believe that the execution of our operating playbook has been an important factor in the acceleration of identical store sales growth across our SVU Albertsons Stores and NAI Stores. Identical store sales growth across our Safeway stores has also accelerated, and we believe that the implementation of our operating playbook to the Safeway stores will, together with other factors, including improved economic conditions and consumer confidence, enable us to further accelerate this rate. The charts below illustrate historical identical store sales growth across the Albertsons Stores, the NAI Stores and the Safeway stores: .14•1143.44140. Styes • Legacy nbuttAnt Slays Mat, 2013 Atiwlsoas Acossillon CO% Y5% 8.5% S% 1695 5.8% • 1V% 2 T% 17% 2.5% in 1.41; 4214, 161111111141 1.5 .e. 0.1% , (aim ti lt 12.53% (453% (401% (41)% 43.07A 43,01% 01.12 02-12 0342 04-12 01.13 02-13 0343 0443 01.14 C12-14 03-14 0414 01-15 FY-12 FY-13 FY-14 *NM 3iorel0 12.2% 11.9% Myth 2013 104% NN AcquelYan 41.5% Q 1% 4.0% atm 44% 2.7% 0.6% (251% I4.0)% 431$ (4 at% (5.7m 14.805 01-12 0242 03-12 44-12 01-13 02-13 03-13 04-13 01-14 CC-44 03-14 04-14 01-15 FY-12 FY-13 FY-14 • *Sway Steer 3.1% 12% 35% 3'8% 10% 1 48% 2.2% 1.0% .31 ;) 1.1% 11% .6% 1% Ell III ma Eli ll ill III1 _Mt 01.12 02-12 0342 04-12 01.13 02.13 03-13 04-13 01.14 02.14 0344 04.14 01.15 FY-12 FY-13 FY-14 11) Colcdaute1socispeaost od dole of anyottno 12) CoOluit, Lint14 / 41 p)IrKkon SaOlvoiry s EaVotol Clcotton mow "mow, tv NA) 115 http: Avww.sec.gov Archi‘ edg,aridata/1646972/0001193125i 5335826'd900395dsla.htm[10,14/2015 9:03:02 AM] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0081654 CONFIDENTIAL SDNY_GM_00227838 EFTA01382335