25 Table of Contents Introduction & Our Approach Operating Responsibly Investing in Our People Diversity, Equity & Inclusion Environmental Sustainability Social Impact Data & Frameworks OVERVIEW SUPPORTING OUR EMPLOYEES THROUGH CHANGE EMPLOYEE SAFETY, HEALTH & WELL-BEING COMPREHENSIVE TOTAL REWARDS SPOTLIGHT EMPLOYEE ENGAGEMENT & RECOGNITION TALENT DEVELOPMENT COMPREHENSIVE TOTAL REWARDS Annual Bonus Plan Employee Bene昀椀ts SV-HL-310a.3 Disney’s Annual Bonus Plan is tied to the company’s Disney’s bene昀椀ts are unique to each region and are Access more information on bene昀椀ts: Learn more in our Data & Frameworks 昀椀scal-year performance and recognizes the contributions designed to meet the varied and evolving needs of our Employee and Cast Member Bene昀椀ts employees make to business results. Generally, eligibility diverse workforce across businesses and geographies To help attract and retain top talent, Disney offers a includes our executives, management, and certain while enabling employees and families to thrive in Learn more about our people and values: competitive total rewards package that includes pay, professional roles. their daily lives. For example, we provide: • Healthcare options aimed at improving quality of Life at Disney health and savings bene昀椀ts, time-off programs, educational Pay Transparency care while limiting out-of-pocket costs opportunities, and more. Together, these rewards make up We recognize the importance of pay transparency • Family care resources such as childcare and senior Read our Standards of Business Conduct to a comprehensive package that empowers our employees to our employees, shareholders, and others, and are care programs, long-term care coverage, paid family learn about our commitment to maintaining and cast members to live their best lives, grow personally committed to helping our employees and cast members care leave, and a family-building bene昀椀t supporting fair working conditions for employees: and professionally, and take advantage of the special extras that only Disney can provide such as complimentary theme understand our pay practices, which we believe supports options such as fertility treatments and adoptions Standards of Business Conduct park admission, a variety of discounts, and access to our a culture of understanding and trust. • Free mental health and well-being resources streaming services for eligible employees. In 2023, we shared bonus and long-term incentive • Centers for Living Well in the Orlando area that offer targets with eligible employees, and we included hiring convenient, on-demand access to board-certi昀椀ed Equitable Pay ranges on U.S. job postings in certain cities and states, physicians and counselors Disney is committed to fostering a respectful and equitable as well as remote listings. In support of these efforts, we • Retirement and savings programs that help employees workplace culture. As part of that focus, we broadened our expanded our educational resources to include training adapt to changing needs and unexpected events and 2023 adjusted pay ratio analysis to include data for bonus for U.S. leaders to help them understand the factors that drive 昀椀nancial security in the present and the future and long-term incentive awards, in addition to base pay, for in昀氀uence pay and more easily recognize the value of In 2023, we continued to focus on the employee eligible U.S. employees based on gender, race, and ethnicity, their overall compensation. experience by: celebrating Global Well-Being Week controlling for role, experience, and location. Each adjusted pay (昀椀rst introduced in 2022), a dedicated week for ratio was 99%+ as of September 2023, across all categories. Investing in Our People Through Education employees around the world to learn and engage in We are committed to reporting the adjusted pay ratio Disney continues to offer education reimbursement well-being events and activities; introducing a new for our U.S. employees annually, and will provide an to salaried employees who are interested in furthering personalized online Annual Enrollment bene昀椀ts unadjusted median analysis of pay (with no accounting their careers through professional and technical experience; conducting an equity review of U.S. health for factors such as role, experience, or location) in March education related to their current roles. For eligible and retirement plans; implementing global minimum 2024. We are also working toward expanding the gender hourly employees, Disney Aspire pays 100% of tuition up standards for international medical, life, and disability pay ratio analysis to countries outside the United States. front at a network of learning institutions (learn more on plans; and reopening the Hyperion Health Club for page 26). And to alleviate the 昀椀nancial burden of higher LA-area employees, which also provided an opportunity education, we offer a competitive scholarship opportunity to donate exercise equipment to the Los Angeles Wages for Hourly Employees to eligible children of Disney employees who are high Uni昀椀ed School District and Burbank Community YMCA. In 2023, almost all hourly full-time and part-time school seniors or the equivalent through our Disney employees within our U.S. Disney Experiences business Scholars program. Scholarships are awarded based on earned a base rate of $17/hour or more, and median hourly academic achievement, extracurricular activities, † earnings were $19/hour. community service, and demonstrated leadership. † See footnote 40 on p. 72.