Item 2. Properties

Properties

Within our Global Distribution and Value

-Added Services and Global Specialty Products segments (for properties

with more than 100,000 square feet) we lease and/or own approximately

5.1 million square feet of properties,

consisting of distribution, office, showroom, manufacturing and sales space, in locations

including the United

States, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China,

the Czech Republic, France, Germany,

Hong Kong SAR, Ireland, Israel, Italy, Japan, Liechtenstein, Luxembourg, Mexico, Morocco, the Netherlands, New

Zealand, Peru, Poland, Portugal, South Africa, Spain, Sweden, Switzerland,

Thailand,

United Arab Emirates and

the United Kingdom.

Lease expirations range from 2025 to 2041.

We believe that our properties are in good condition, are well maintained and are suitable and adequate to carry on

our business.

We have additional operating capacity at certain distribution center facilities.