Albertsons Companies Inc

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 14A

(Rule 14a-101)

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Albertsons Companies, Inc.

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June 20, 2025Dear Fellow Stockholder:

It is my pleasure to invite you to attend the Annual Meeting of Stockholders at Albertsons Companies, Inc. at 3:00 p.m. Mountain Daylight Time on Thursday, August 7, 2025.

When I stepped into the role of CEO of Albertsons Companies on May 1, 2025, we began a bold new era of growth, accelerated by our drive for excellence and innovation and guided by our purpose and values.

It is an honor to lead Albertsons Companies with pride and optimism during this transformational time, and to bring 40 years of experience and perspective shaped by this company, our associates, and the customers and communities we serve.

We continue to build momentum in our business with our ambition to earn Customers for Life. Our purpose guides us each day – to bring people together around the joys of food and to inspire well-being. We are doing it as one team with a customer-driven commitment, through strategic pillars to drive growth and value creation, unify our focus, energize our momentum, and differentiate our company in a dynamic and rapidly evolving competitive landscape. We have an exciting journey ahead.

Our next chapter of growth is anchored in the following strategic pillars, all built on a strong foundation of financial and operational performance and a rich asset base with beloved store banners in premium locations.

Driving Customer Growth through Digital Engagement –We continue to focus on customer growth through digital engagement across our four digital platforms, including eCommerce, Loyalty, Health and Wellness, and digitally enabled in-store experiences. Each of these platforms is designed to drive increased sales, more deeply engage our most loyal customers and increase customer lifetime value. Our digital platforms are growing and helping us to earn Customers for Life by increasing our connectivity with customers and building deep and lasting relationships.

Building Our Media Business: the Albertsons Media Collective – Our digital platforms are working together to generate deeper customer engagement, increase digital inventory, and enrich our data to accelerate growth in the Albertsons Media Collective, or “The Collective.” Moving forward, we will continue to significantly invest in improving brand reach by building industry-leading technologies to deliver an easy-to-use, dynamic and transparent measurement model that improves our ability to define shopper audiences, run targeted media campaigns, compress campaign measurement timelines, and deliver consistent omni-channel execution. In addition, we expect to build new partnerships that add even more digital inventory and capabilities to our media offerings. We continue to expect The Collective to grow faster than the overall retail media market and to be one of the largest sources of fuel for reinvestment into our core business.

Enhancing the Customer Value Proposition – During my time with Albertsons, I’ve seen many consumer cycles, and as inflationary pressures grow, so do our customers’ desire for value. To address this, we are taking actions including working with our vendor partners to strategically invest in price in certain categories and certain markets. We are also innovating and enhancing the breadth of our loyalty program to provide immediate savings, additional benefits, and greater value to our members, while also amplifying our Own Brands presence to drive profitable unit growth and increase share of wallet.

Modernizing Capabilities through Technology and Artificial Intelligence – One of the key elements for our success is to use technology in everything we do. We have invested strategically to establish a best-in-class technology platform, with our core infrastructure in the cloud and a modernized scalable network. We continue to innovate to build a real-time comprehensive data platform designed to enable data science and artificial intelligence (“AI”). This advanced technology platform powers our eCommerce, store, pharmacy, supply chain, merchandising, and media collective operations, and will allow us to leverage emerging AI technologies to accelerate operational excellence. This transformation includes

building in-house technology solutions that enable a competitive advantage, such as empowering our merchants to optimize pricing decisions, using our recommendation capabilities to provide customers with personalized offers to complete their basket, and capitalizing on in-store vision AI to reduce inventory shrink and enhance product quality.

Driving Transformational Productivity – Our productivity engine is systematically improving the efficiency of our business and lowering our costs. From fiscal year 2025 through fiscal year 2027, we expect to deliver $1.5 billion in productivity savings, which we plan to invest in our growth initiatives and customer value proposition and will use to offset inflationary headwinds. The largest of these initiatives is leveraging our consolidated scale to enhance our buying power. In fiscal 2025, we are accelerating national buying on a category-by-category basis, resulting in lower costs and more efficient supplier relationships. We are also transforming our ways of working, including strategically consolidating divisions, rationalizing non-customer-facing headcount, and optimizing our onshore and offshore activities to both reduce costs and accelerate innovation in technology, AI capabilities, and data analytics. We are also rolling out a new warehouse management system and significantly investing in automation. Finally, in our store operations, we are leveraging new store replenishment, shrink management and labor productivity tools to drive enhanced efficiency, an improved customer experience, and deeper associate engagement.

Purpose in Action: Lifting Up Communities – In addition to continued investment in our Customers for Life strategy, we are committed to supporting causes that improve our customers’ lives. In 2024, along with the Albertsons Companies Foundation, the Company contributed more than $435 million in food and financial support, including $40 million through our Nourishing Neighbors Program to ensure our neighbors and those impacted by disasters have the food they need to learn, grow, and succeed. In March 2025, we announced two significant new goals. As part of our Recipe for Change® impact framework, we announced an additional 1.5 billion meals by 2030 through a combination of surplus food donations from stores and funds raised by the Foundation and committed $10 million annually towards ending the cycle of hunger in our communities.

Finally, I want to express my gratitude and appreciation for our 285,000 associates who make all of this possible. Through my four decades in this business, I have seen firsthand the pride our associates take in our work and the ownership in every shift, every decision, and every customer interaction.

I am incredibly energized by our strategic pillars and the opportunity to drive positive impact for our associates, customers, and the communities we serve.

On behalf of our Board of Directors, thank you for your continued support, trust, and investment in Albertsons Companies.

Sincerely,

Susan Morris

Chief Executive Officer and Director

Notice of

2025 Annual Meeting of

Stockholders

June 20, 2025

Dear Stockholders:

The 2025 annual meeting of stockholders (“Annual Meeting”) of Albertsons Companies, Inc. (the “Company”, “Albertsons”, “we”, “ACI”, “our” or “us) will be held virtually on August 7, 2025, at 3:00 p.m. Mountain Daylight Time, for the purpose of voting on the following matters:

Only stockholders of record of our Class A common stock, par value $0.01 per share (“Common Stock”) as of the close of business on June 11, 2025 (the “Record Date”) are entitled to notice of, and to vote at, the Annual Meeting. Stockholders will receive the proxy statement, the form of proxy and the notice of internet availability of proxy materials on or about June 20, 2025.

Our Annual Meeting will be held virtually to facilitate stockholder attendance and participation from any location at minimal or no cost. Stockholders will be afforded the same rights and opportunities to participate as they would at an in-person meeting, including the right to vote and ask questions through a virtual meeting platform.

See “Questions and Answers About the Annual Meeting and Voting” for information regarding how to attend the Annual Meeting and other details.

IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING TO BE HELD ON AUGUST 7, 2025. THE PROXY STATEMENT AND THE 2024 FORM 10-K ARE AVAILABLE AT http://materials.proxyvote.com/

YOUR VOTE ISIMPORTANT TO US.Whether or not you plan to virtually attend the Annual Meeting, it is important that your shares be represented. Therefore, we urge you to promptly vote and submit your proxy in advance of the Annual Meeting. You can vote your shares via the Internet, by telephone, or by signing, dating, and returning the proxy card or voting instruction form.

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