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Beacon Announces Annual Supplier Partner Award Winners

1. Beacon awarded five suppliers for exceptional service in 2024. 2. CertainTeed received Supplier of the Year for outstanding support. 3. Owens Corning helped achieve record TRI-BUILT year with high-quality products. 4. Penske contributed to corporate social responsibility and optimized operations. 5. Beacon exceeded 2023 revenue targets with support from over 3,000 suppliers.

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FAQ

Why Bullish?

Strong partnerships and supplier recognition may enhance operational efficiency, driving future growth.

How important is it?

Positive supplier relations can directly impact revenue growth, driving BECN's stock performance.

Why Long Term?

Established supplier relationships can lead to sustained growth and competitive advantages.

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January 22, 2025 09:00 AM Eastern Standard Time HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced today that it has awarded five supplier partners with awards for their service commitment in 2024. "We are proud to provide customers with the best products and service. Exceptional partnerships with all our suppliers allow us to jointly help contractors find more ways to grow and innovate their businesses," said Jake Gosa, Beacon’s Chief Commercial Officer. "Top suppliers partner with Beacon because of our U.S. and Canada-wide footprint, scale advantage, last mile logistics and values-based culture. Following a robust review of supplier performance, we could not be more pleased to award the best of the best.” CertainTeed was recognized with the Supplier of the Year Award. This award goes to a supplier that stands out in every aspect of supporting our mission to help customers build more. In 2024, a company-wide survey of branches and sales leadership put CertainTeed on top. From combined marketing efforts to sharing our passion for relentless customer service, they worked tirelessly as partners with shared values and goals. CertainTeed Roofing also stood out in the challenging market to meet our inventory needs and assisting us in implementing new product management technology. AccuLynx was recognized with the Integration Partner Award. This award goes to a software integration partner that collaborates to create the best experience for customers. They exceed growth objectives and look for ways to strengthen the partnership to benefit shared customers. In 2024, AccuLynx stood out with dedicated and responsive customer sales and support, new feature development and promotions featuring the integration. Louisiana-Pacific (“LP”) was recognized with the Trail Blazer Award. This award goes to a supplier who looks for new ways to innovate and partner, even when the path is not clear. They have the fortitude and desire to go further. In 2024, LP came to us with a comprehensive plan to grow with Beacon. Their energy in executing the plan translated to both companies realizing incremental growth. Owens Corning was recognized with the TRI-BUILT® Award. This award goes to a supplier who shares Beacon’s vision for building our premium-quality exclusive brand. In 2024, Owens Corning provided ways for Beacon to differentiate our value in the marketplace and outperform the competition. By delivering high-quality products and service, they helped us to achieve a record TRI-BUILT year. Penske was recognized with the BUILDING BETTER Award. This award goes to a supplier who shares our values and is committed to people and the planet. They not only have a sustainable mindset in their own operations, but partner with us to advance Beacon’s corporate social responsibility journey. In 2024, Penske was instrumental in helping us operate a more optimized and stronger fleet while also joining us to give back in the communities where we operate. With the support of over 3,000 supplier partners, Beacon exceeded its Ambition 2025 revenue and shareholder return targets in 2023 and continues to unlock its long-term potential. About Beacon Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 580 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite, Beacon PRO+®, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.

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