Veterans Honored in Beacon of Hope Contest

Rhea-AI Summary

Beacon (NASDAQ: BECN) announced on November 11 the winners of its annual Beacon of Hope contest, which provides new roofs to U.S. and Canadian Veterans. Ten veterans, selected from nominations, will receive free roof replacements through partnerships with local roofing companies. This initiative, now in its fourth year, underscores Beacon's commitment to community support. In addition to the winners, Beacon will also replace the roof on an American Legion Post, further extending its impact in the Veteran community.

Positive

• Awarding free roof replacements enhances brand reputation.
• Strengthens community relations through support for veterans.
• Directly benefits 10 veterans, showcasing corporate social responsibility.

Negative

• None.

10 service veterans win roof replacements to secure their homes

HERNDON, Va.--(BUSINESS WIRE)-- Beacon (Nasdaq: BECN) proudly announced on Veteran’s Day, Friday, November 11, the winners of its annual Beacon of Hope contest, a program awarding U.S. and Canadian Veterans with new roofs. Together with local roofing companies, Beacon will deliver and facilitate roof replacements for 10 Veteran contest winners at no cost to the award recipients.

(Graphic: Business Wire)

“Veterans are important members of our employee team and local communities, so it is our honor to support them beyond their years of service,” said Jonathan Bennett, Chief Commercial Officer at Beacon. “The Beacon of Hope contest ensures they have a safe home secured by a reliable roof. To extend the impact of this program in the Veteran community, we are also excited to be replacing the roof on an American Legion Post this year.”

Now in its fourth year, Beacon of Hope reflects Beacon’s values to put people first and make every day safer. Every year, people from across the U.S. and Canada come together to nominate Veterans whose roofs are in dire need of replacement. Beacon takes great pride in joining with community and roofing industry partners to help transform Veterans’ lives as they regain confidence in the safety of their homes.

The 10 Veteran 2022 Beacon of Hope recipients include:

VFW Post 7302 - Michigan Ann Q. – California Clifford T. - Maine Francois R. - Quebec Kuuleme S.- Arizona

Margot B. - Ontario Matthew A. - Georgia Ralph H.- Pennsylvania Randy R. - Virginia Steven G. - North Carolina

To learn more about the contest, including past winners and official contest rules, visit go.becn.com/beaconofhope.

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 470 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of over 80,000 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221115006393/en/

INVESTORS

Binit Sanghvi

Director, Investor Relations

Binit.Sanghvi@becn.com

972-369-8005

MEDIA

Jennifer Lewis

VP, Communications and Corporate Social Responsibility

Jennifer.Lewis@becn.com

571-752-1048

Source: Beacon

FAQ

What is the purpose of the Beacon of Hope contest?

The Beacon of Hope contest awards free roof replacements to U.S. and Canadian Veterans whose roofs are in dire need of repair.

When was the Beacon of Hope contest announced?

The winners of the Beacon of Hope contest were announced on November 11, 2022, coinciding with Veteran's Day.

How many veterans were awarded roof replacements in 2022?

In 2022, ten veterans were selected to receive new roofs through the Beacon of Hope contest.

What company is behind the Beacon of Hope program?

The Beacon of Hope program is initiated by Beacon, a publicly traded building products distributor, listed on Nasdaq with the symbol BECN.

What additional support is Beacon providing to the veteran community?

In addition to the roof replacements for contest winners, Beacon is also replacing the roof on an American Legion Post.