2013 ANNUAL REPORT supervalu.com P.O. BOX 990 MINNEAPOLIS, MN 55440 952-828-4000 303377_AnnualReport_vF.indd 1-2 5/24/13 4:03 PM 8557_CVR.indd 1 5/24/13 5:40 PM BOARD OF DIRECTORS AS OF MAY 22, 2013 EXECUTIVE TEAM Dear SUPERVALU Stockholders, DONALD R. CHAPPEL (a,b) WAYNE C. SALES SAM DUNCAN President and Chief Executive Officer Senior Vice President & Chief Financial Officer, Former Chairman, President and Chief Executive The Williams Companies, Inc. Officer of SUPERVALU INC. In the last quarter of fiscal 2013, SUPERVALU announced that it would An integrated natural gas company focused RANDY BURDICK sell its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and on exploration and production, midstream JOHN T. STANDLEY (a) Executive Vice President, related Osco and Sav-on in-store pharmacies in a deal valued at $3.3 gathering and processing, and interstate natural Chairman, President and Chief Executive Officer, Chief Information Officer gas transportation Rite Aid Corporation billion. This transaction closed on March 21, 2013 and marked another A nationwide drugstore retailer RITCHIE L. CASTEEL important milestone and new chapter in our company’s history. IRWIN S. COHEN (a,c) President and Chief Executive Officer, Retired Partner, Deloitte & Touche LLP LENARD TESSLER Save-A-Lot A professional services firm, providing audit, tax, Co-Head Global Private Equity and Senior As a result, SUPERVALU enters fiscal 2014 as a much different company: financial advisory and consulting services Managing Director, Cerberus Capital JANEL S. HAUGARTH Management, L.P. Executive Vice President and President, • Independent Business will be our largest reportable segment in PHILIP L. FRANCIS (b,c) A private investment firm Independent Business and Supply Retired Executive Chairman, PetSmart, Inc. Chain Services terms of sales. A specialty retailer of services and solutions for pets (a) Audit Committee MICHELE A. MURPHY • Retail Food, although smaller, has approximately 190 strong ROBERT G. MILLER (b) Corporate Governance & Nominating Committee Executive Vice President, (c) Leadership Development & Compensation Committee traditional grocery stores spread across five regional banners. Non-Executive Chairman, Human Resources and Corporate Chief Executive Officer, AB Acquisition LLC Communications • Save-A-Lot continues to be our market-leading hard discount format with more than 1,300 A North American grocery company with retail stores and considerable opportunities for growth. stores and pharmacies in 29 states KARLA C. ROBERTSON Executive Vice President, MARK A. NEPORENT General Counsel and Corporate Secretary Although I took over as president and chief executive officer in early February, I spent nearly seven Chief Operating Officer and General Counsel, months studying the company and visiting with many of our independent retailers and Save-A-Lot Cerberus Capital Management, L.P. SHERRY M. SMITH A private investment firm Executive Vice President, licensees, as well as touring all of our retail banners. I am well versed on the company and continue to Chief Financial Officer be impressed with our operations and the opportunities we have to improve our operating results and MATTHEW E. RUBEL (b,c) increase shareholder value. Senior Advisor, TPG Capital MARK VAN BUSKIRK A global private investment firm Executive Vice President, Merchandising and Marketing The stores served by our independent business organization are operated by some of America’s most innovative and successful retailers who, collectively, have the desire to continue to grow. We have a ROB WOSETH Executive Vice President, clear understanding of the support they need from us – as their business partner - and – are implementing Chief Strategy Officer the necessary changes that will help them achieve these goals. INVESTOR Our five retail food banners are competitively well positioned in their respective markets. We are now INVESTOR INQUIRIES KEY CONTACTS in a position to provide these banners with more support and opportunities to make these stores even INFORMATION more appealing to our customers and increase sales. The leaders of each of our banners know, very The annual meeting of SUPERVALU INC. For general inquiries about SUPERVALU STEVEN J. BLOOMQUIST specifically, what we want to accomplish and have plans in place to achieve success. will take place on July 16, 2013 at 11:30 a.m. common stock, such as: Senior Director, Investor Relations Eastern Time at the: • Certificate replacements [email protected] Sheraton New York Times Square Hotel • Account Maintenance Lastly, Save-A-Lot remains a great opportunity for us. Its new leadership team recognizes that we need KARLA C. ROBERTSON to alter parts of our go-to-market strategy and are working to implement some much-needed changes. 811 Seventh Avenue • Transfer of shares Executive Vice President, I am optimistic we can generate improved operating results and set the foundation for future growth. New York, NY 10019 • Name or address change General Counsel and Corporate Secretary [email protected] SUPERVALU’s common stock is listed on the Please contact SUPERVALU’s transfer agent: Fiscal 2014 will be a transition year as we – in many respects – reset the business. But we do have New York Stock Exchange under symbol SVU. Wells Fargo Shareowner Services ambitious plans to move the company forward, improve our balance sheet, and generate meaningful PO Box 64854 For corporate headquarters, returns for our stockholders. You have my commitment that we will stay focused on the most important COMPANY St. Paul, MN 55164-0854 please contact 952-828-4000. priorities necessary to successfully rebuild this company. Thank you for your support and I look forward Phone: 877-536-3555 to updating you on our progress. CERTIFICATIONS www.wellsfargo.com/shareownerservices The Company has filed as exhibits to its Annual Copies of annual reports, Forms 10-K and Sam Duncan Report on Form 10-K for the fiscal year ended 10-Q and other SUPERVALU publications are February 23, 2013, the Chief Executive Officer President and Chief Executive Officer available via our web site at www.supervalu.com and Chief Financial Officer certifications or by contacting: required by Section 302 of the Sarbanes-Oxley Attn: Investor Relations Act of 2002. The Company has also filed with SUPERVALU INC. the New York Stock Exchange the required annual Chief Executive Officer certification, P.O. Box 990 without qualification, as required by Section Minneapolis, MN 55440 303A.12(a) to the New York Stock Exchange Listed Company Manual. 303377_AnnualReport_vF.indd 3-4 5/24/13 4:03 PM UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 23, 2013 OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-5418 SUPERVALU INC. (Exact name of registrant as specified in its charter) DELAWARE 41-0617000 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 7075 FLYING CLOUD DRIVE EDEN PRAIRIE, MINNESOTA 55344 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (952) 828-4000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, par value $0.01 per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None (Title of class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes È No ‘ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ‘ No È Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes È No ‘ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes È No ‘ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ‘ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. Large accelerated filer È Accelerated filer ‘ Non-accelerated filer ‘ Smaller reporting company ‘ Indicate by check mark if the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ‘ No È The aggregate market value of the voting and non-voting stock held by non-affiliates of the registrant as of September 7, 2012 was approximately $506,143,662 (based upon the closing price of registrant’s Common Stock on the New York Stock Exchange). As of April 19, 2013, there were 257,163,288 shares of the registrant’s common stock outstanding.