6 ISSUED: NOV. 2021 The 2020 materiality assessment identified six areas in which our business and stakeholders expect meaningful progress. For the first time Protect the Environment was identified as a focus area, directly aligned to Altria’s Vision and responsible leadership. Altria’s tobacco and wine operating companies rely on agricultural products, so it isn’t new for us to prioritize environmental responsibility in our business practices. However, events over the past 18 months have elevated interconnected social and environmental crises and increased stakeholder ESG expectations of all companies, including Altria. As the humanitarian and economic costs of the climate crisis increase, investors are calling for transparent climate-related reporting. Communities around the globe are calling for a just transition to a low carbon economy. At Altria we recognize that we must continue our progress to meet stakeholder expectations and position our businesses for success in a social, economic and ecological future that will probably look very different from today. As such, we believe Protecting the Environment will remain a top responsibility priority as we work towards achieving our Vision. Our Approach Climate Justice & the Low Carbon Economy Most business and economic practices produce greenhouse gas (GHG) emissions. The accumulation of these gases in our atmosphere has trapped heat from the sun, causing changes in our climate that threaten the lives and livelihoods of everyone on our planet. Climate Justice acknowledges the adverse impacts of climate change are felt unequally among people and communities. In fact, the communities that have the lowest GHG emissions and have benefitted the least from economic activities that emit GHGs are most at risk from changes in nature resulting from human-caused climate change. Climate Justice attempts to address these inequities in political and economic responses to climate change. In the 2015 Paris Agreement on climate change, countries around the world, including the U.S., pledged to stop or change economic activities that emit GHG. These changes will likely impact every business and sector of the economy. This profound change represents a new economic model called the low carbon economy. 5 BioScience. September 2021. World Scientists’ Warning of a Climate Emergency 2021. Climate Crisis and Climate Change According to leading climate scientists, climate change is a range of global phenomena caused predominantly by burning fossil fuels; it includes not just global warming, but also rising sea levels, ice melting, extreme weather events and shifts in seasonal events. The climate crisis describes the various negative effects that unmitigated climate change is causing or threatening to cause to our planet and economy, especially where these effects have direct impact on humanity. The term climate crisis describes the urgency with which we must act to avoid catastrophic disruptions to the global economy and society. 5