Pier 1 2010 Annual Report Download - page 94

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Please find page 94 of the 2010 Pier 1 annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Shareholders of Record: You may enroll in MLinkSM offered by Pier 1 Imports’ transfer agent, Mellon Investor
Services LLC, for online access to our future proxy statement and annual report materials and notice of Internet
availability of proxy materials by going to http://bnymellon.com/shareowner/isd and logging into, or activating,
your Investor ServiceDirect®account where step-by-step instructions will prompt you through the enrollment
process.
Beneficial Owners: If you hold your shares in a brokerage account or with a bank or other holder of record, you
also may have the opportunity to receive or access copies of these materials electronically. Please check the
information provided in the proxy materials or the Notice mailed to you by your broker, bank or other holder of
record regarding the availability of this service.
What is included in these materials?
These materials include:
• This proxy statement for the annual meeting; and
• Pier 1 Imports’ Annual Report on Form 10-K for the year ended February 27, 2010, as filed with the
SEC on April 28, 2010 (the “2010 Form 10-K”).
If you requested printed versions of these materials by mail, these materials also include the proxy card or
voting instruction form for the annual meeting.
What will the shareholders vote on at the annual meeting?
The shareholders will be asked to vote on the following proposals:
• the election as directors of the five nominees named in this proxy statement to hold office until the
next annual meeting of shareholders and until their successors are elected and qualified (Proposal
No. 1);
• a proposal to approve an amendment of the Pier 1 Imports, Inc. Stock Purchase Plan to authorize an
additional 3,500,000 shares of Pier 1 Imports’ common stock to the plan and to extend the term of the
plan for five years (Proposal No. 2);
• a proposal to ratify the audit committee’s approval to engage Ernst & Young LLP as Pier 1 Imports’
independent registered public accounting firm for fiscal 2011 (Proposal No. 3);
• a shareholder proposal, if properly presented at the meeting (Proposal No. 4); and
• any other business as may properly come before the annual meeting or any adjournment or
postponement of the meeting.
What are the board of directors’ voting recommendations?
The board of directors recommends that you vote your shares:
• “FOR” each of the nominees to the board of directors (Proposal No. 1);
• “FOR” the amendment of the Pier 1 Imports, Inc. Stock Purchase Plan to authorize an additional
3,500,000 shares of Pier 1 Imports’ common stock to the plan and to extend the term of the plan for
five years (Proposal No. 2);
• “FOR” the proposal to ratify the audit committee’s approval to engage Ernst & Young LLP as Pier 1
Imports’ independent registered public accounting firm for fiscal 2011 (Proposal No. 3); and
• “AGAINST” the shareholder proposal, if properly presented at the meeting (Proposal No. 4).
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