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Staples Associates Direct $252,500 in Community Grants Across Europe

  Staples Associates Direct $252,500 in Community Grants Across Europe

Associates Choose Non-profit organizations to Benefit from Staples Foundation
                                    Grants

Business Wire

AMSTERDAM -- December 20, 2012

Staples, the world’s largest office products company and second largest
internet retailer, today announced the charity recipients of 38 grants funded
by the Staples Foundation, the private charitable arm of the company. The
grants are part of a new philanthropic initiative created by Staples
Foundation which allows Staples associates around the world to direct funding
to non-profit organizations.

Across Europe alone, 13 charities will receive grants funded by the Staples
Foundation totaling $252,500. The program generated more than 2600 votes from
Staples associates across European countries.

“Staples is firmly committed to giving back to the communities in which we
live and work. We feel it is vital to support deserving organizations across
the globe, and our new Staples Foundation program offers our associates and
customers a voice in how we achieve this. Together, we are dedicated to
supporting worthy charities that are working tirelessly to make a difference,”
said Katy Dobbs, Director of Global Community & Giving at Staples.

“Community and employee engagement is deeply embedded in our company culture,
and we’re delighted with how our associates and customers have responded to
this exciting approach to corporate giving."

The new program, called 2 Million & Change, is just one example of Staples
commitment to the communities in which the company’s associates live and work,
and is part of its overall approach to corporate social responsibility. The 2
Million & Change program is awarding additional funds to organizations around
the world, reaching more than $2 million in grants for the year.

About Staples

Staples is the world’s largest office products company and a trusted source
for office solutions. The company provides products, services, and expertise
in office supplies, copy & print, technology, facilities and breakroom, and
furniture. Staples invented the office superstore concept in 1986 and now has
annual sales of $25 billion, ranking second in the world in eCommerce sales.
With 88,000 associates worldwide, Staples operates in 26 countries throughout
North and South America, Europe, Asia, and Australia, making it easy for
businesses of all sizes, and consumers. The company is headquartered outside
Boston. More information about Staples (Nasdaq:SPLS) is available at
www.staples.com/media.

Contact:

Staples
Ruth Coates
+31 (0)20 651 15 21
ruth.coates@staples.eu