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Nasdaq: MNRO

Nasdaq: MNRO. Updated January 2014. Forward Looking Information.

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Nasdaq: MNRO

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  1. Nasdaq: MNRO Updated January 2014

  2. Forward Looking Information Statements contained in these materials regarding Monro’s expectations with respect to future operations and other information, which can be identified by the use of forward looking terminology, such as “may,” “will,” “expect,” “project,” “anticipate,” “estimate” or “continue” or the negative thereof or variations thereon or comparable terminology, are forward looking statements. Several factors, including certain risks and uncertainties, could cause actual results to differ materially from results referred to in forward looking statements. There can be no assurance that Monro’s expectations regarding any of these matters will be fulfilled.

  3. Who We Are

  4. Largest chain of Company-operated undercar care facilities in the United States As of December 28, 2013, the Company operated 951 stores in 22 states Company Overview

  5. Geographic Presence Service Tire StoresStores Connecticut 36 Delaware 2 1 Illinois 5 Indiana 8 34 Kentucky 25 Maine 2 14 Maryland 13 62 Massachusetts 44 9 Missouri 22 New Hampshire 11 15 New Jersey 14 28 New York 129 11 North Carolina 6 31 Ohio 115 39 Pennsylvania 114 25 Rhode Island 9 3 South Carolina 1 17 Tennessee 3 Vermont 1 4 Virginia 14 49 West Virginia 8 Wisconsin 13 TOTAL 540 397 MAINTAINING DOMINANCE IN THE NORTHEASTERN U.S. 16 5 26 53 13 140 36 12 139 42 154 75 42 3 5 8 63 22 25 37 3 Total Company owned stores as of March 30, 2013: 937 18 Updated map to come.

  6. Service Mix FY12 Gross Margin % Brakes and Steering = +15 Maintenance and Exhaust = baseline company margin Tires = -20, but improving FY14 – Q3 FY13 – Q3 FY13 Brakes Exhaust Steering Maintenance* Tires *Includes state inspections, lube, oil, filter, engine cooling service, scheduled maintenance and other. Note: Monro’s fiscal year end is March of each year.

  7. Competitive Advantages Operating Model • Company-operated stores • Faster, Better, Cheaper • Centralized purchasing and distribution • Efficient marketing (database mailing, email, direct mail and internet) • Superior customer service • Pricing power and fixed cost leverage • Low cost operator

  8. Competitive Advantages Customer Value Proposition • Monro establishes relationships with customers based on TRUST • Direct marketing to customers fosters repeat business and long-term relationships • Company-operated store model enhances customer experience through: • High standards of customer care • Lower turnover of store managers • Consistent execution • Investment in business • Significant discount vs. dealer prices • Store density provides more convenience • Best price guarantee

  9. High Customer Satisfaction Monro Website Internet Paid Ads 95% http://www.monro.com/CustomerSatisfaction.aspx

  10. Industry Overview Monro operates in $158 billion “Do-It-For-Me” segment of $202 billion U.S. automotive aftermarket industry Service Bay Population Changes: 1999 – 2012 U.S. Automotive Aftermarket Industry Total Bays / Mkt Share % (000’s) Do-It-For-Me: 1999 - 74.3% 2009 - 78.0% 2012E - 80.0% 2012 353/30.0 287/24.4 219/18.6 79/6.7 125/10.7 112/ 9.6 2008 338/28.3 340/28.5 199/16.7 73/6.1 125/10.5 119/9.9 Do-It-Yourself: 1999 - 25.7% 2009- 22.0% 2012E- 20.0% 1,175/100 1,194/100 Source: 2012 Lang Report Source: 2013 Lang Report

  11. Average Vehicle Age Average Age of Car and Light Truck on the Road Age (in years) Source: November 2012 Lang Report, 2012 Wall Street Journal, October 2013 Lang Report and Lang estimate.

  12. Favorable Industry Trends • Approximately 245 million vehicles on road • Increasing age of vehicles (11.7 years) • Number of vehicles 5 years and older increasing • Significant average annual miles driven per vehicle • Decreasing number of service outlets and bays • Increasing complexity of vehicles • Favorable demographics • Ability to raise prices • Headwinds : • Consumer

  13. Favorable Industry Trends Cars and Light Trucks in Service Growing Independent DIFM Product Share (vs. Dealers) Light Vehicle DIFM Product Share Number of Vehicles (in Millions) Source: September 2013 Lang Report. Source: APAA Aftermarket Factbook, Lang Report and Analyst estimate. U.S. Annual Light Vehicle Sales Vehicles per Service Bay U.S. Annual Light Vehicle Sales (in Millions) Vehicles Source: 2012 Lang Report. . Source: October 2012 Lang Report and September 2013 Lang Report.

  14. EPS Trends Est. $1.63 to $1.66 ‘99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 ’14 % Change 178% 24% 17% 17% 22% 17% 12% (4)% 3% 20% 34% 35% 17% (22%) 23%-26% • Adjusted for three-for-two stock split paid to shareholders of record as of October 21, 2003, September 21, 2007 and December 13, 2010. • Note: Monro’s fiscal year end is March of each year.

  15. Historical Financials

  16. Balance Sheet Highlights

  17. Increase market share through same store sales growth Acquire competitors cheaply Continue new store openings in existing markets Approximately six to ten stores per year Growth Strategy

  18. Building Tire Store Category Combination of 28 acquisitions in the last 12 years 456 stores $560 million revenue Could have up to 1,300 tire stores and 1,300 service stores in our 22 states Creates market dominance and pricing power Diversifies risk Expands pool of acquisition candidates at attractive prices Concept unique and difficult for competitors to replicate Should afford opportunity to expand operating margins and further improve business model Share inventory Advertising, logistics, operations Gross margins lower but SG&A absorption better Acquisitions and Opportunities

  19. Autotire Car Care Centers (June 2009)Terry’s Tire Town (October 2011) 26 tire stores in St. Louis, Missouri • 7 stores in Ohio and Pennsylvania 2008 sales - $31million • 2010 sales - $9 million •Slightly accretive in fiscal 2012 Midwest Tire (September 2009) 4 tire stores in NW Indiana Kramer Tire (April 2012) 2008 sales - $6 million • 20 stores in Virginia • 2011 sales - $25 million Tire Warehouse Centers (October 2009) • Breakeven to slightly accretive in first 12 months 40 tire stores, 6 franchises in Massachusetts, New Hampshire, Vermont, Maine and Rhode Island Colony Tire (June 2012) 2008 sales - $53 million • 18 stores in North Carolina Includes real estate, 11 stores, 1 distribution center • 2011 sales - $25 million • Breakeven to slightly accretive in first 12 months Import/Export Tire (March 2010) 5 tire stores in Pittsburgh, Pennsylvania Tuffy/Car-X (August 2012) 2009 sales - $10 million • 17 stores in Wisconsin (13) and South Carolina (4) • 2011 sales - $9 million Courthouse Tire (October 2010) • Breakeven to slightly accretive in first 12 months 3 stores in Fredericksburg, Virginia 2009 sales - $5 million Roc City Auto (October 2012) • 5 stores in New York Vespia Tire Centers (June 2011) • 2011 sales - $3 million 24 stores in New Jersey and Eastern Pennsylvania • Breakeven to slightly accretive in first 12 months 2010 sales - $36 million • Purchased real estate for one location Slightly accretive in fiscal 2012 Acquisitions and Opportunities

  20. Tire Barn (November 2012)Curry’s Auto Service (August 2013) 31 Stores in Indiana (27), Tennessee (3) and Illinois (1) • 10 Stores in Virginia (9) and Maryland (1) 2011 sales - $64 million • 2012 sales - $18 million Breakeven to slightly accretive in first 12 months • Breakeven to slightly accretive in first 12 months Purchased real estate for 13 locations • Purchased real estate for one location Ken Towery Tire and Auto Care (December 2012)S & S Firestone (November 2013) 27 stores in Kentucky (24) and Indiana (3) and • 4 Stores in Kentucky Wholesale operation • 2012 sales - $5 million 2011 sales - $54 million (including Wholesale) • Breakeven to slightly accretive in first 12 months Distribution center located in Louisville, Kentucky • Purchased real estate for three locations Breakeven to slightly accretive in first 12 months Carl King Tire (November 2013)Enger Tire Center/Enger Auto Service (December 2012)• 6 Stores in Delaware (5) and Maryland (1) 12 stores in Ohio • 2012 sales - $10 million 2011 sales - $9 million • Breakeven to slightly accretive in first 12 months Breakeven to slightly accretive in first 12 months Purchased real estate for eight locations Tire King (December 2012) 9 stores in North Carolina 2011 sales - $11 million Breakeven to slightly accretive in first 12 months Purchased real estate for four locations Acquisitions and Opportunities

  21. FY14 Earnings Assumptions • Earnings estimate for FY14: $1.63 - $1.66 vs $1.32 in FY13 • Q1 – FY14: $.42 vs. $.36 Q1 FY13 • Q2 – FY14: $.42 vs. $.36 Q2 FY13 • Q3 – FY14: $.47 vs. $.35 Q3 FY13 • Q4 – FY14: $.32 - $.35 vs. $.25 Q4 FY13 • Comparable Store Sales flat for FY14; Q4 FY14: 0% - 1.0% • Gross Sales approximately $830 - $835 million • Operating Margin improvement of 100 to 125 basis points • Depends upon sales and retail pricing environment • Tire costs declining benefitting margins • Gross margin pressure due to increasing tire sales mix • Leverage fixed occupancy costs (included in COS) against higher sales • Improve technician productivity (Sales per Man Hour) • Improvement in SG&A leverage due to higher sales and cost control

  22. FY14 Other Assumptions • Interest Expense of $9.4 million • $32 million depreciation and amortization • $34 million of Cap-ex • $22 million in maintenance cap-ex • $12 million for new stores • EBITDA approximately $125 million

  23. Acquisitions Same or contiguous markets Buy right Accretive to earnings in a reasonable timeframe Pay down debt FY14 Cash Flow Priorities

  24. Largest chain of Company-operated undercar care facilities in the U.S. Wide breadth of product and service offerings Superior customer service Favorable industry trends Leading market position in northeast, Great Lakes and mid-Atlantic with a presence in 22 states Strong balance sheet and cash flow Low cost operator with superior operating margins Significant growth opportunity through store expansion and acquisitions 11 straight years of comparable store sales increases prior to fiscal 2013 Eight dividend increases, in eight years, since initiated Investment Highlights

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