Dollar Tree, Inc. (DLTR) insider buying and selling: 2 purchases, 7 sales

F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $97.00 to $97.87, inclusive. The reporting person undertakes to provide to Dollar Tree, Inc., any security holder of Dollar Tree, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth above.

F1 In addition to Mantle Ridge LP, a Delaware limited partnership ("Mantle Ridge"), this Form 4 is being filed jointly by MR Cobalt Advisor LLC, a Delaware limited liability company ("MR Cobalt"), and Paul C. Hilal, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom has the same business address as Mantle Ridge and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). All Subject Securities reported on this Form 4 are rounded up to the nearest whole share.

F2 MR Cobalt, a wholly owned subsidiary of Mantle Ridge, advises the accounts of MR Cobalt Offshore Fund AB LLC and MR Cobalt Offshore Fund CB 02 LLC, each a Cayman Islands limited liability company, and MR Cobalt Offshore Fund CB01 LTD and MR Cobalt Offshore Fund CB03 LTD, each a Cayman Islands exempted company (all such funds and their subsidiaries together, the "Mantle Ridge Funds").

F3 MR Cobalt, as the investment adviser to the Mantle Ridge Funds, and Mantle Ridge, as the sole member of MR Cobalt, each may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934 (the "Exchange Act"). By virtue of Paul C. Hilal's position as ultimately controlling MR Cobalt and Mantle Ridge, Paul C. Hilal may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein. The transactions reported in this Form 4 principally relate to the distribution of shares of Common Stock and cash to and among the limited partners of the Mantle Ridge Funds.

F4 Paul C. Hilal is a member of the board of directors of the Issuer, and as a result, each of the other Reporting Persons may be directors by deputization for purposes of Section 16 of the Exchange Act.

F1 Represents the weighted average price for shares sold at the range between $$126.0000 and $$126.0400. The filer will provide full information regarding the number of shares sold at each price upon request.

F1 Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units.

F1 Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units.

F1 Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units.

F1 Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units.

F2 Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units.

F1 Represents the annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan.

F3 Represents the annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan.

F1 Represents the annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan.

F1 Represents the annual director equity award granted from the Issuer's shareholder approved 2021 Omnibus Incentive Plan.

F1 Shares deemed surrendered in payment of tax liability resulting from vesting of previously reported awards of restricted stock units.

F1 Shares deemed surrendered in payment of tax liability resulting from vesting of restricted stock units.