TABLE OF CONTENTS Letter to Shareholders 2 Company Overview 6 Center of Excellence 14 Shareholder Return  16 Stores Map 18 Financial Performance 19 1 ON THE COVER: First switched on in 1933, this neon “Cover The Earth” sign beckoned customers to Sherwin-Williams in San Francisco for 57 years. This vintage sign is among the many historic artifacts given a permanent home at the new Sherwin-Williams Center of Excellence at company headquarters in Cleveland.  The Sherwin-Williams Company recruits, selects and hires the best qualified people available — without discrimination based on race, religion, color, creed, sex, national origin, age, disability, status as a special disabled veteran, veteran of the Vietnam era, or any other unlawful consideration.