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

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.