0000060667-23-000114 Sample Contracts

LOWE’S COMPANIES, INC. Non-Qualified Stock Option Agreement
Non-Qualified Stock Option Agreement • June 1st, 2023 • Lowes Companies Inc • Retail-lumber & other building materials dealers • North Carolina

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”), between LOWE’S COMPANIES, INC., a North Carolina corporation (the “Company”), and the individual (“Participant”) identified in the accompanying Notice of Grant of Stock Options and Non-Qualified Stock Option Agreement (the “Notice”), is made pursuant and subject to the Notice and the provisions of the Company’s 2006 Long Term Incentive Plan, as amended and restated (the “Plan”), a copy of which has been made available to Participant, and any applicable recoupment or “clawback” policies of the Company, as in effect from time to time. All terms used herein that are defined in the Plan have the same meaning given them in the Plan.

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P E R F O R M A N C E S H A R E U N I T
Lowes Companies Inc • June 1st, 2023 • Retail-lumber & other building materials dealers • North Carolina

pursuant to and subject to the provisions of the Lowe’s Companies, Inc. 2006 Long Term Incentive Plan, as amended and restated (the “Plan”) and to these terms and conditions set forth in this grant notice and the Terms and Conditions.

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