OTHER INFORMATION New Collective Bargaining AgreementsOther Information • April 3rd, 2007 • Stater Bros Holdings Inc • Retail-grocery stores
Stater Bros. Markets (“Markets”), a wholly-owned subsidiary of Stater Bros. Holdings Inc. (“Stater Bros.”), has entered into a new collective bargaining agreement with the United Food and Commercial Workers Union (the “UFCW”), which represents a substantial number of its stores’ hourly union employees. The new collective bargaining agreement became effective in March 2007 and is scheduled to expire in March 2010. The UFCW members voted to accept the new collective bargaining agreement on January 17, 2007. The new collective bargaining agreement establishes a single-tier pay scale for Markets’ employees based on each employee’s seniority and provides for gradual increases in hourly wages over a three-year period. These scheduled increases range from a $0.20 increase in hourly wages for clerks to a $3.00 increase in hourly wages for pharmacists. The new collective bargaining agreement also provides for increased contributions by Markets toward employee health and pension benefits but, at
