Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2024 Operating Results

*Fourth Quarter Revenue of $2.0 Billion with GAAP EPS of $0.61; Adjusted EPS of $0.71 *Commitment to Low Cost Model Helped Drive GAAP Operating Income of $31 Million and Adjusted Operating Income of $47 Million in the Fourth Quarter of 2021 *GAAP Operating Income of $234 Million and Adjusted Operating Income of $305 Million for Full Year 2021 *Strategic Initiatives Successes Included Progress on Operational Separation of the Business, Sale of CompuCom, and Further Advancement of Varis Platform and Digital Business Commerce Capabilities *Over $300 Million Committed to Shareholders in 2021 Through Stock Repurchases

As people get ready to reopen many businesses, SAGE (the Scientific Advisory Group for Emergencies that provides scientific and technical advice to support government decision makers during emergencies) has reviewed the evidence on the spread of COVID-19 and the efficiency of mitigation measures. One of the issues considered is washroom hygiene with a large amount of useful information on cleansing and air flows. Specifically on hand drying the documents states: Replacement of jet dryers with paper towels. Rationale: Jet air dryers can aerosolise microorganisms from poorly washed hands. Incomplete drying of hands means that contamination can persist on hands. The full SAGE document can be found at: https://www.gov.uk/government/publications/transmission-of-sars-cov-2-and-mitigating-measures-update-4-june-2020

The U.S. Postal Service reported third quarter FY 2021 service performance improvements over the second quarter across First-Class Mail, Marketing Mail and Periodicals. The quarter was USPS’s strongest quarterly service performance for all mail categories since the third quarter of FY2020. Third quarter FY2021 (covering the weeks of April 1 through June 30) performance numbers include: *First-Class Mail: 87.5 percent of First-Class Mail delivered on time against the USPS service standard, a more than 9 percentage point increase over the second quarter. *Marketing Mail: 91.0 percent of Marketing Mail delivered on time against the USPS service standard, a nearly 6 percentage point increase over the second quarter. *Periodicals: 79.2 percent of Periodicals delivered on time against the USPS service standard, a nearly 8 percentage point increase over the second quarter.