WORLD PETROLEUM SUPPLY INC

d by the Hilton Honors program are subsequently applied to reimburse properties and strategic partners for Hilton Honors points redemptions by Hilton Honors members and to pay for administrative expenses and marketing initiatives that support the program. 6 Our Business As of December 31, 2025, our existing system included the following properties and rooms, by type, brand and region: Ownership (1) Managed Franchised / Licensed Total Properties Rooms Properties Rooms Properties Rooms Properties Rooms Waldorf Astoria Hotels & Resorts 2 463 37 9,225 — — 39 9,688 Conrad Hotels & Resorts 1 164 44 14,121 5 2,779 50 17,064 LXR Hotels & Resorts — — 7 1,155 11 1,788 18 2,943 NoMad — — 1 91 — — 1 91 Signia by Hilton — — 5 3,293 — — 5 3,293 Canopy by Hilton — — 14 2,393 34 6,103 48 8,496 Hilton Hote

a defined contribution benefit plan, the Tractor Supply Company 401(k) Retirement Savings Plan (the “401(k) Plan”), which provides retirement benefits for eligible employees. The Company matches (in cash) 100 % of the employee’s elective contributions up to 3 % of eligible compensation plus 50 % of the employee’s elective contributions from 3 % to 6 % of eligible compensation. In no event shall the total Company match made on behalf of the employee exceed 4.5 % of the employee’s eligible compensation. All current contributions are immediately vested. Company contributions to the 401(k) Plan were approximately $ 22.1 million, $ 20.1 million, and $ 18.8 million during fiscal 2025, 2024, and 2023, respectively. Note 12 – Commitments and Contingencies Contractual Commitments At December 27, 2

pected term will increase compensation expense. Forfeiture Rate — This is the estimated percentage of options granted that are expected to be forfeited or canceled before becoming fully vested. This estimate is based on historical experience. An increase in the forfeiture rate will decrease compensation expense. Dividend Yield — This is the estimated dividend yield for the weighted average expected term of the option granted. An increase in the dividend yield will decrease compensation expense. 58 Table of Contents The Company issues shares for options when exercised. A summary of stock option activity is as follows: Stock Option Activity Options Weighted Average Exercise Price Weighted Average Fair Value Weighted Average Remaining Contractual Term Aggregate Intrinsic Value ( in thousands)

e expressed as a percent of net sales. Fiscal Year 2025 2024 Net sales 100.00 % 100.00 % Cost of merchandise sold (a) 63.58 63.74 Gross margin (a) 36.42 36.26 Selling, general and administrative expenses (a) 23.79 23.39 Depreciation and amortization 3.18 3.00 Operating income 9.45 9.86 Interest expense, net 0.45 0.37 Income before income taxes 9.01 9.49 Income tax expense 1.95 2.09 Net income 7.06 % 7.40 % (a) Our gross margin amounts may not be comparable to those of other retailers since some retailers include all of the costs related to their distribution facility network in cost of merchandise sold and others (like our Company) exclude a portion of these distribution facility network costs from gross margin and instead include them in Selling, general, and administrative expenses; refe