Monro, Inc. Declares Quarterly Cash Dividend

ROCHESTER, NY–(BUSINESS WIRE)–Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercarriage and tire repair services, today announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per share on the outstanding common shares of the Company, including the common shares to which the holders of Class C convertible preferred shares of the Company are entitled. The dividend is payable on September 6, 2022 to shareholders at the close of business on August 23, 2022.

About Monro, Inc.

Monro, Inc. (NASDAQ: MNRO) is one of the nation’s leading automotive and tire service providers, providing best-in-class automotive care to communities across the country, oil changes, tires and installation of parts, to the most complex vehicle repairs. . With growing market share and a focus on sustainable growth, the Company generated sales of approximately $1.4 billion in fiscal 2022 and continues to expand its national presence through strategic acquisitions and when new stores open. In more than 1,300 stores and 9,000 service areas nationwide, Monro provides customers with the professionalism and high-quality service they expect from a national retailer, with the convenience and confidence of a garage. of area. Monro’s highly trained teammates and certified technicians bring together hands-on experience and cutting-edge technology to diagnose and support everyday automotive needs to get customers back on the road safely. For more information, visit www.monro.com.

contacts

Investors and media: Felix Veksler

Senior Director, Investor Relations

[email protected]

Alejandro L. Myatt