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Kohl’s Corporation Holds Annual Shareholders Meeting



  Kohl’s Corporation Holds Annual Shareholders Meeting

 Company announces preliminary results of five initiatives up for shareholder
                                     vote

Business Wire

MENOMONEE FALLS, Wis. -- May 16, 2013

Kohl’s Corporation (NYSE:KSS) today held its annual shareholders meeting.
Following are the preliminary results for the five initiatives voted upon by
shareholders:

    
     Kohl’s shareholders re-elected Peter Boneparth, Steven A. Burd, Dale E.
     Jones, Kevin Mansell, John E. Schlifske, Frank V. Sica, Peter M.
1.   Sommerhauser, Stephanie A. Streeter, Nina G. Vaca and Stephen E. Watson
     to the board of directors for one-year terms, with each director
     receiving more than 87 percent of the votes cast.
      
     As of the annual meeting, John F. Herma and William S. Kellogg retired
     from Kohl’s board of directors. Kevin Mansell, Kohl’s chairman, president
     and CEO, thanked Herma and Kellogg for their combined 80 years of
     leadership, strategic counsel and service to the company. Following the
     retirement of Mr. Herma and Mr. Kellogg, the size of the board of
     directors was reduced to 10 members.
      
     A proposal to ratify the appointment of Ernst & Young LLP as Kohl’s
2.   independent registered public accounting firm received more than 97
     percent of the votes cast.
      
3.   A non-binding advisory vote to approve the compensation of Kohl’s
     executive officers received more than 95 percent of the votes cast.
      
     A shareholder proposal encouraging Kohl’s board of directors to develop a
4.   policy on the prevention of animal cruelty related to the sale of
     products containing animal fur received less than 3 percent of the votes
     cast.
      
     A shareholder proposal to require the chairman of the board of directors
     to be an independent director received approximately 51 percent of the
     votes cast. Noting the Kohl’s Board of Directors’ long history of
5.   listening to the company’s shareholders, Mr. Mansell stated that the
     Board’s Governance & Nominating Committee was expected to take this
     matter up at a meeting in the near future, with any modifications of the
     company’s Corporate Governance Guidelines to be in place by the time
     Kohl’s next CEO is chosen, in accordance with the proposal.
      

Kohl’s 10-K, proxy and information about the company’s 2012 financial
performance are available at www.kohlscorporation.com.

About Kohl's

Based in Menomonee Falls, Wis., Kohl’s (NYSE: KSS) is a family-focused,
value-oriented specialty department store offering moderately priced,
exclusive and national brand apparel, shoes, accessories, beauty and home
products in an exciting shopping environment. With a commitment to
environmental leadership, Kohl’s operates 1,155 stores in 49 states. In
support of the communities it serves, Kohl’s has raised more than $231 million
for children’s initiatives nationwide through its Kohl’s Cares® cause
merchandise program, which operates under Kohl's Cares, LLC, a wholly-owned
subsidiary of Kohl's Department Stores, Inc. For a list of store locations and
information, or for the added convenience of shopping online,
visit www.Kohls.com, join the discussion on Facebook
(http://www.facebook.com/kohls) or Twitter (http://twitter.com/kohls) or get
inspired on Pinterest (http://pinterest.com/kohls/) and Instagram
(http://instagram.com/kohls).

Contact:

Kohl's Investor Relations:
Wes McDonald, 262-703-1893
or
Media Relations:
Jen Johnson, 262-703-5241
Jen.Johnson@Kohls.com
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