Tractor Supply : 2023 Supplemental Report 2023 Stewardship Tear Sheet

STEWARDS OF LIFE OUT HERETM

2023 Stewardship Tear Sheet

A Message from Hal Lawton

To our stakeholders,

In 2023, Tractor Supply celebrated our milestone 85th anniversary. Since our founding in 1938, we have been a growth company with a clear purpose - to serve Life Out Here. Over the years, we have operated in all types of economic conditions, while embracing innovation and adapting to changing times. Our purpose has endured, with our Mission and Values serving as a firm foundation. Life Out Here not only represents a lifestyle, but a way of life. We remain steadfast in our commitment to preserve and protect that way of life and our planet as we continue to evolve and grow.

We are proud of the progress that is reflected in our 2023 Stewards of Life Out Here Tear Sheet. Some of our achievements include:

• Announced our commitment to set a science-based target to reduce carbon emissions, in line with the Science Based Targets initiative (SBTi). Tractor Supply is in the process of developing a science-based target, which will be submitted to and approved by SBTi. In parallel with reductions of carbon emissions in our internal operations, we are working to reduce our Scope 3 emissions by engaging with our suppliers to reduce their emissions.
• Made significant progress toward our ambitious three-year water conservation goal to conserve 25 million gallons of water by the end of 2025. Over the past two years, we have planted approximately 68,000 trees, restored over 470 acres of riverbank landscape and conserved more than 10 million gallons of water through partnerships with Ducks Unlimited and Trout Unlimited.
• Increased our efforts to procure renewable energy, continuing investments in energy efficiency and cleaner technologies and avoiding future emissions through better design of both stores and distribution centers.
• Opened our first distribution center built to LEED Gold certification standards and completed construction on another built to these exacting standards. Combined, these two distribution centers are more than 2.1 million enclosed square feet. Both facilities can offset 100% of electricity requirements with renewable energy, thanks to their rooftop arrays of more than 20,000 solar panels capable of producing 10 megawatts of electricity per year.
• Recognized for the fifth year in a row as a SmartWay® High Performer for the sustainability of our freight and shipping operations.
• Issued our fourth annualTCFD reportdetailing our strategy to mitigate and address climate-related risk.
• Invested in our Team Members through competitive pay and benefit enhancements.
• Received third-party recognition of our commitment to be an employer of choice in rural America, including certification from Great Place to Work for the fourth consecutive year and inclusion in the Bloomberg Gender Equality Index for the third consecutive year, alongside acknowledgement on lists including Fortune's Best Workplaces in RetailTM, Forbes' Best Employers for Women, Newsweek's America's Greatest Workplaces and ComputerWorld's Best Places to Work in IT.
• Earned a 95% score on the Human Rights Campaign Equality Index.
• Donated nearly $16 million to the communities we call home as we continued to show our appreciation for our customers and their passions. We welcomed the first class of FFA Future Leaders scholars as part of the Tractor Supply Foundation's five-year, $5 million commitment, representing the largest agricultural scholarship of its kind.

Our commitment to our stakeholders-Team Members, customers, vendors, supply chain partners, communities and shareholders-runs deep. Our purpose as a company is grounded in our Mission and Values and is the foundation of our long- term success. We invite you to explore this report and share in our dedication to making a positive environmental and social impact as we serve Life Out Here.

On behalf of more than 50,000 Tractor Supply Team Members, we appreciate your ongoing support and look forward to the next steps in our journey as Stewards for Life Out Here.

Sincerely,

Hal Lawton

President and Chief Executive Officer

2 2023 Stewardship Tear Sheet

About This Tear Sheet

The following tear sheet contains disclosure of relevant environmental, social and governance (ESG) metrics to Tractor Supply Company's business, including select metrics from the Sustainability Accounting Standards Board (SASB) standards for the Consumer Goods-Multiline and Specialty Retailers and Distributors and Consumer Goods-Apparel, Accessories and Footwear sectors, the United Nations Sustainable Development Goals (UN SDGs) and was informed by the Global Reporting Initiative (GRI). This document covers the period January 1, 2023 through December 31, 2023, unless otherwise noted.

About Tractor Supply

Tractor Supply Company is the largest rural lifestyle retailer in the United States, ranking 291 on the 2023 Fortune 500. For 85 years, the company has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here.

The Company's more than 50,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need - anytime, anywhere, any way they choose at the low prices they deserve. On December 30, 2023, the Company operated 2,216 stores in 49 states and an e-commerce website at www.TractorSupply.com.

Tractor Supply Company also owns and operates Petsense by Tractor Supply, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. On December 30, 2023, the Company operated 198 Petsense stores in 23 states. For more information on Petsense, visit www.Petsense.com.

3 2023 Stewardship Tear Sheet

Financial Performance Highlights

Net Sales $14.6B(+2.5%)

Comparable Store Sales

Flat

Diluted EPS Growth

3.9%

Capital returned to shareholders

$1.05B

Sales from Neighbor's Club Members

77%

Team Members

50,000+

Tractor Supply's Stewardship Program Objectives

At Tractor Supply, we know that our Team Members, customers, vendors, supply chain partners, communities and shareholders care deeply about what companies do for their communities, their people and the environment. As trusted members of our communities, we have the responsibility and resources to take positive action and build a more sustainable, resilient future.

Since launching our Stewardship Program in 2008, we have been focused on minimizing our environmental impact while serving our customers with legendary service. Over time, as sustainability has emerged as a universal method to measure good corporate citizenship, we have adapted our Stewardship Program to focus more specifically on supporting our ESG priorities.

4 2023 Stewardship Tear Sheet

Activity Metrics

Topic	2023	2022	2021
Number of: (1) retail	2,216 Tractor Supply	2,066 Tractor Supply	2,003 Tractor Supply
locations and (2)	stores, 198 Petsense	stores, 186 Petsense	stores, 178 Petsense
distribution centers	stores and 9	stores and 8	stores and 8
SASB: CG-MR-000.A	Distribution Centers.	Distribution Centers.	Distribution Centers.

Total area of (1) retail space and (2) distribution centers

SASB: CG-MR-000.B

(1) Total Retail Space:	(1) Total Retail Space:	(1) Total Retail Space:
53,981,938 square feet	49,228,360 square feet	47,910,943 square feet
Tractor Supply Stores	Tractor Supply Stores	Tractor Supply Stores
Total Building Square Feet:	Total Building Square Feet:	Total Building Square Feet:
52,782,598	48,087,346	46,848,137
Petsense Total Building	Petsense Total Building	Petsense Total Building
Square Feet: 1,199,340	Square Feet: 1,141,014	Square Feet: 1,062,806
(2) Distribution Centers	(2) Distribution Centers	(2) Distribution Centers
Square Feet: 6,634,000	Square Feet: 6,043,000	Square Feet: 6,102,000

Square footage of retail space is the size of the total rentable area; the square footage of the entire building, including sales floor, core areas, receiving areas, and excess space.

Number of (1) Tier	Total Tier 1 suppliers were	Total Tier 1 suppliers were	Total Tier 1 suppliers were
1 suppliers and (2)	1,960	1,980	1,870
suppliers beyond
Tier 1
SASB: CG-AA-000.A
Employees (FTE)	25,000	25,000	22,000
Net Sales ($mm)	$14,556	$14,205	$12,730

5 2023 Stewardship Tear Sheet

Environment

CONTENTS
Greenhouse Gas Emissions	07
Energy Management in Retail and Distribution 08
Water Usage	09
Waste and Recycling	10
Product Sourcing, Packaging and Marketing	12

Policies

Please see ourEnvironmental Policy.

Greenhouse Gas Emissions (MTCO2e)*

*Data rounded to nearest thousand unless otherwise noted.

Topic	2023	20221	2021
Scope 1	87,000	70,000	68,000
Scope 2 location-based	208,000	185,000	168,000
Scope 2 market-based	175,000	149,000	168,000
Emissions intensity	4.35	3.90	4.40
(Scope 1 and 2 MTCO2e/1,000 Cal. Norm Sq Ft)
Emissions intensity	18.00	15.40	18.60
(Scope 1 and 2 MTCO2e/Total Revenue (millions))
Scope 3 Purchased goods and services	7,682,000	7,262,000*	7,845,000
Scope 3 Capital goods	137,000	151,000	132,000
Scope 3 Fuel-and-energy-related activities	58,000	74,000	72,000
(not included in Scope 1 or 2)
Scope 3 Upstream transportation and distribution	385,000	301,000	267,000
Scope 3 Waste generated in operations	82,000	54,000	51,000
Scope 3 Business travel	8,000	9,000	7,000
Scope 3 Employee commuting	115,000	118,000	93,000
Scope 3 Downstream transportation and distribution	1,000	0	3,000*
Scope 3 Use of sold products	13,800,000	17,800,000*	18,100,000
Scope 3 End of life treatment of sold products	873,000	886,000*	1,100,000

1 2022 Scope 3 GHG emissions are restated based on methodological improvements implemented in 2023.

*Indicates value has been restated.

7 2023 Stewardship Tear Sheet

Energy and GHG Emissions Reduction Efforts

Tractor Supply shares in the common belief with our customers that we must be good stewards of the land and our natural resources so that future generations can enjoy the benefits that we enjoy today. This desire to protect natural resources for our children and grandchildren is what drives our commitment to mitigating our impact on climate change and reducing our carbon footprint.

In 2021, we set decarbonization goals to reduce absolute emissions from our operational footprint. While these goals were an important first step, we have come to believe that setting a carbon reduction goal in alignment with Science Based Targets initiative (SBTi) criteria will create a reduction pathway that enables future generations to steward the land for years to come.

In late 2023, we sent our letter of commitment to SBTi, outlining our intention to set a science-based target. This new target, once approved by SBTi, will replace existing emissions targets, cover all three scopes, and hold us accountable for more meaningful reductions.

We continued to invest in capital projects in 2023 to increase the energy efficiency of our operations and become energy independent using clean energy technologies such as solar. Energy efficiency projects included LED lighting retrofits

at distribution centers and designated Tractor Supply stores and Petsense stores. Becoming energy independent is discussed below under Renewable Energy Strategy.

We understand the importance of managing our Scope 3 emissions and continue to work to refine that part of our greenhouse gas (GHG) emissions inventory. Again in 2023, we actively engaged with suppliers by communicating our climate goals and expectations, and through surveys using an engagement tool. Supplier responses continue to show the need for education on the value of determining climate impacts, as well as the development of climate-forward products and packaging design to support our customers' Out Here lifestyle. Gaining insight into our suppliers' climate initiatives is foundational for us to design and submit a science-based target for review in the future.

In 2023, we submitted our letter of commitment to the Science Based Target initiative (SBTi) outlining our intent to set a science-based target.

Energy Management in Retail and Distribution

Topic	20233	2022	2021
Total energy consumed (gigajoules)	3,247,000	3,010,906	2,830,779
Tractor Supply	3,161,000	2,929,088	2,742,854
Petsense	86,000	81,818	87,926
Percentage grid electricity (%)	46.7%	45.1%	51.1%

Percentage renewables (%)

SASB: CG-MR-130a.1

12.3%

12.5%

6.8%

Energy derived from renewables refers to renewable energy specifically contracted by Tractor Supply either in a purchase or operation of solar, geothermal, etc.

3 Retail store square footage increased 9.7% in 2023.

8 2023 Stewardship Tear Sheet

Renewable Energy Strategy

We continue to pursue opportunities to incorporate renewable energy into our operations.

In 2023, we continued to strategically invest in renewable energy technologies, procure eGreen Certified renewable energy credits and install energy-efficient technologies across our operations.

Our efforts to procure green energy have been recognized by the U.S. EPA, which named Tractor Supply a Top 30 Retail Green Power Partner.

We know renewable energy technologies will be important as we future proof our operations from the effects of climate change. We opened our ninth distribution center in Navarre, Ohio, on January 18, 2023. This distribution center is the first Tractor Supply facility built to LEED Gold standards. It features a rooftop solar array consisting of more than 10,000 solar panels that will produce five megawatts of electricity per year, which is enough energy to power the electricity needs of the building as well as electric yard trucks and electric forklifts used to move inventory. In 2023, the Company continued construction of our 10th distribution center in Maumelle, Arkansas. This new facility will include many of the same sustainable attributes found in the Navarre distribution center, including a large solar array and construction to LEED Gold standards.

For the fifth consecutive year, Tractor Supply has been recognized as a SmartWay High Performer based on the sustainable performance of our shipping and freight operations. This program is focused on reducing our carbon footprint, improving freight efficiency in ways that reduce cost while benefiting the environment and strengthening our nation's economic and energy security. In 2022, it became a requirement that new carriers for Tractor Supply become SmartWay-certified. We are proud to say that 100% of Tractor Supply's carriers are now SmartWay-certified.

We also integrated the use of intermodal, or rail transportation, when appropriate, which has taken trucks off the road and reduced fuel use. Improving transportation efficiency is an ongoing focus for Tractor Supply. That's why with the addition of the Navarre distribution center, we took advantage of the opportunity to realign delivery service to stores throughout the network. This realignment improved service to stores and reduced stem miles and over-the road emissions, in addition to saving transportation costs. While our partnerships and systems have significantly reduced diesel fuel consumption and pollution, we will continue to implement new practices to reduce our environmental impact as we serve customers across the country.

Water Usage

Topic	2023	2022	2021
Total water withdrawn (cubic meters)	1,318,759	1,307,432	1,104,373
Water withdrawn per employee (cubic meters)	26.22	26.15	24.10
Tractor Supply (cubic meters)	1,258,571	1,264,165	1,067,956
Petsense (cubic meters)	60,188	43,267	36,417

9 2023 Stewardship Tear Sheet

Water Use Reduction Efforts

We are committed to our water conservation goal of conserving 25 million gallons of water by 2025. Through operational improvements and partnerships with Ducks Unlimited and Trout Unlimited, we have already begun to make significant progress towards achieving our goal. These partnerships are designed to make a positive impact on nature by supporting work to restore sensitive habitats that are so important to Life Out Here. This commitment, in addition to our climate pledge, reinforces Tractor Supply's vision that a healthy environment, responsibly managed resources and vibrant communities are key to a secure and prosperous future.

In partnership with Ducks Unlimited and Trout Unlimited, we made progress against our goal to conserve 25 million gallons of water by 2025. Over the past two years, we have planted approximately 68,000 trees, restored over 470 acres of riverbank landscape and conserved more than 10 million gallons of water through these partnerships.

While we continue to grow customer offerings to include self-serve pet washing stations at Tractor Supply stores, grooming services at Petsense stores and garden centers at a limited number of Tractor Supply stores, we have several companywide initiatives to reduce our water usage. These include the use of low-flow fixtures, which require 25% less water than regular flow fixtures. When we find high-usage stores via our bill pay platform, we work with the store to identify the source of the high water use and remediate the situation. This strategy has resulted in a reduction in water waste.

Waste and Recycling

Topic	2023	2022	2021
Recycling
Battery (number)	391,736	274,500	392,000
Used Oil (gallons)	114,931	103,361	99,900
Cardboard (tons)	20,456	27,676	32,610
Wood Pallet (number)	4.5 million	4.2 million	4.3 million

Solid Waste

Solid waste is produced as part of our normal business operations. We work with a third party for disposal and recycling efforts, ensuring the provider adheres to regulations and the highest standards for all disposal and recycling. We continue to evaluate waste data capture and engage with our solid waste service providers to understand opportunities to increase diversion rates.

10 2023 Stewardship Tear Sheet