Petco Health and Wellness Company (WOOF) Proxy Filing summary

Executive summary

• Joel D. Anderson appointed as Chief Executive Officer, effective July 29, 2024, succeeding interim CEO R. Michael Mohan.

• Anderson brings over 30 years of retail leadership, including CEO roles at Five Below and Walmart.com.

• Mohan will remain on the Board and chair a new committee focused on value creation, ensuring a smooth leadership transition.

• Forward-looking statements highlight expectations for improved operating and financial results under new leadership.

Voting matters and shareholder proposals

• Annual Meeting scheduled for July 22, 2024, to be held virtually; voting instructions provided to shareholders.

• No changes to the previously distributed proxy statement or proxy card; this supplement only updates leadership information.

Board of directors and corporate governance

• Board size increased from 11 to 12 members, with Anderson filling the new Class III directorship.

• Anderson will serve on the Board until the next election of Class III directors.

• Mohan transitions to an independent Board member and leads a new committee on value creation.