Vitamin Shoppe acquisitions, on the record

Word for word“On June 6, 2014, the Company acquired all of the outstanding equity interests of FDC Vitamins, LLC d/b/a Nutri-Force Nutrition (“Nutri-Force”), a company which provides custom manufacturing and private labeling of vitamins, dietary supplements, nutraceuticals and nutritional supplements, as well as, develops and markets its own branded products.” 10-K for 2016

Word for word“Stores acquired — — — 31 — Stores closed (9 ) (9 ) (3 ) (3 ) (3 ) Stores open at end of year 775 758 717 659 579 8 Table of Contents New stores have typically required approximately four to five years to mature, generating lower store level sales in the initial years than our mature stores.” 10-K for 2016

Word for word“LLC Interest Purchase Agreement, dated as of June 6, 2014, by and among VS Hercules LLC, FDC Vitamins, LLC, MBF/FDC Acquisition, LLC, FDC Management, LLC, FDC Limited II, LLC, Nutri-Force Nutrition, Inc., the individuals listed therein and, solely for certain specified provisions thereof, Vitamin Shoppe, Inc.” 10-K for 2017

Word for word“Net proceeds on sale of FDC Vitamins, LLC 14,847 — — Trademarks and other intangible assets (372 ) (428 ) (291 ) Net cash used in investing activities (13,663 ) (55,448 ) (40,359 ) Cash flows from financing activities: Borrowings under revolving credit facility 163,000 118,000 82,000 Repayments of borrowings under revolving credit facility (175,000 ) (117,000 ) (79,000 ) Purchases of convertible notes (63,891 ) — — Bank overdraft 601 (3,265 ) (1,041 ) Payments of capital lease obligations (477 ) (451 ) (207 ) Proceeds from exercises of common stock options — 1,511 90 Issuance of shares under employee stock purchase plan 290 469 823 Purchases of treasury stock (304 ) (580 ) (1,205 ) 60 Table of Contents Purchases of shares under Share Repurchase Programs — — (66,011 ) Tax benefits on exercises of equity awards — — (739 ) Deferred financing fees and other 17 (346 ) (14 ) Net cash used in financing activities (75,764 ) (1,662 ) (65,304 ) Effect of exchange rate changes on cash and cash equivalents 1 35 19 Net increase (decrease) in cash and cash equivalents 721 (886 ) (12,271 ) Cash and cash equivalents beginning of year 1,947 2,833 15,104 Cash and cash equivalents end of year $ 2,668 $ 1,947 $ 2,833 Supplemental disclosures of cash flow information: Interest paid $ 3,186 $ 3,953 $ 3,715 Income taxes (refunded) paid $ (14,915 ) $ 6,610 $ 33,655 Supplemental disclosures of non-cash investing activities: Liability for purchases of property and equipment $ 1,935 $ 4,457 $ 4,630 Assets acquired under capital leases $ — $ 891 $ 1,589 Assets acquired under tenant incentives $ — $ 2,986 $ — See accompanying notes to consolidated financial statements.” 10-K for 2018