| Firm |
Analyst |
| Baird |
David Manthey |
| Bank of America |
Andrew Obin |
| Barclays |
Guy Hardwick |
| Bernstein |
Connor Cerniglia |
| Cleveland Research Company |
Evan Willmann |
| Jefferies LLC |
Stephen Volkmann |
| JP Morgan |
Pat Baumann |
| KeyBanc Capital Markets |
Ken Newman |
| Loop Capital |
Chris Dankert |
| Melius Research |
Jacob Levinson |
| Morgan Stanley |
Chris Snyder |
| Morningstar |
Nick Lieb |
| Oppenheimer & Company |
Christopher Glynn |
| Raymond James |
Sam Darkatsh |
| RBC Capital Markets |
Deane Dray |
| Rothschild & Co Redburn |
William Blunt |
| Stephens |
Tommy Moll |
| UBS |
Amit Mehrotra |
| William Blair & Company, LLC |
Ryan Merkel |
| Wolfe Research |
Nigel Coe |
W.W. Grainger, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or
forecasts regarding W.W. Grainger, Inc.'s performance made by these analysts are theirs alone and do not
represent opinions, forecasts or predictions of W.W. Grainger, Inc. or its management. W.W. Grainger, Inc.
does not by its reference above or distribution imply its endorsement of or concurrence with such
information, conclusions or recommendations.