Item 5.02(d). Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 6, 2020, the Board of Directors (the "Board") of Fastenal Company (the "Company") elected as a director of the Company Mr. Hsenghung Sam HSU, effective immediately, increasing the number of directors on the Board from ten to eleven on this date. Mr. HSU was elected to serve as an independent director until the Company's next annual meeting of shareholders following his election or until his successor is duly elected and qualified. The Board also appointed Mr. HSU to serve on the Audit Committee of the Company effective immediately.

Mr. HSU is currently employed with Ecolab Inc. ("Ecolab") located in St. Paul, MN and has served as their Executive Vice President of Strategic Planning, leading Corporate Strategy, Digital & New Business, since January 2016. His prior positions and roles with Ecolab consisted of serving as Executive Vice President/Senior Vice President, Global Services Business Sector from 2012 to January 2016, Senior Vice President/Vice President and General Manager, Greater China from 2007-2012, Vice President, Healthcare Business Development, International from 2006-2007, Vice President, Planning & Control, Latin America from 2004-2006, Assistant Treasurer & Corporate Officer from 2002-2004, Director, Corporate Development from 2000-2002, Manager of Operations, Fastsource Leasing (an Ecolab start-up business in North America) from 1998-1999 and Senior Treasury Manager from 1996-1999. Prior to his service with Ecolab, Mr. HSU was employed with Merrill Lynch Asset Management and the Ministry of Health in Taiwan, where he was born.

There are no arrangements or understandings between Mr. HSU and any other person or persons pursuant to which he was selected as a director of the Company. There are no current or proposed transactions in which Mr. HSU, or any member of his immediate family, has an interest that is required to be disclosed under Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission.

Mr. HSU will receive a pro rata portion of the annual retainer for his partial year of service as a director of the Company, all in accordance with the Company's existing director compensation policy.

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