RECOGNITION
At Advance, team member recognition is an important part of our company culture. We know that when team members are recognized for their contributions, they are more engaged, productive and even likelier to stay with the company. Several of our recognition programs provide awards in the form of stock grants, providing a literal ownership stake in our company to those who deliver the strongest performances. FUEL THE FRONTLINE Fuel the Frontline awards top-performing frontline team members Advance stock grants. Since the inception of the program in 2016, we granted over 26,000 stock awards to frontline team members, valued at nearly $75 million at the time of the grant. We are the only company in our industry making such a significant investment in stock ownership for frontline team members. In 2022, we expanded Fuel the Frontline to include our distribution center team members and awarded our first DC- focused grants under this expanded approach. BE AN OWNER Be An Owner is a complementary program to Fuel the Frontline geared toward top- performing supply chain and corporate team members who work cross-functionally and achieve excellence on key company initiatives, contribute to the overall success of the company and demonstrate the behaviors of one or more of Advance’s Cultural Beliefs. Each quarter, below-vice president-level team members are nominated by Executive Committee members and receive Advance stock awards for their exceptional performances. In 2022, we granted over 70 Be An Owner stock awards, valued at over $900,000 at the time of the grant. RECOGNITION
MILLION DOLLAR CLUB The Million Dollar Club includes frontline team members who achieve individual sales totaling $1 million or more in a single calendar year. In 2022, more than 300 team members were inducted into this prestigious club, each receiving an Advance stock award and special uniform.
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2022 ADVANCE AUTO PARTS CORPORATE SUSTAINABILITY AND SOCIAL REPORT | 37
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