Our journey to net zero Cisco has a long history of setting and achieving goals to reduce our environmental impact. In early fiscal 2022, we made our most important commitment yet: a pledge to reach net zero greenhouse gas (GHG) emissions by 2040, 10 years ahead of when climate scientists say the planet must reach net zero to avoid the worst impacts of climate change. This goal will cover all scopes of emissions, including those from our direct operations, our supply chain, and from the use of our products. We also plan to achieve net zero for our global Scope 1 and 2 emissions, which covers our direct operations, by 2025. These announcements mark a major milestone in Cisco’s journey to Power an Inclusive Future for All. But they are just a starting point. Here are five ways we’ll work toward net zero in the years ahead: Continuing to increase the energy efficiency of our products through innovative product design. The largest share of Cisco’s emissions comes from the use of our products—and we are continuing to work to make these products more energy efficient . We are making progress through innovations like Silicon One, our programmable chip for high- performance networking, which can be found in our Cisco 8201 router. Thanks to Silicon One, the 8201 consumes 26x less power than its predecessor. Accelerati ng use of renewable energy. We’ve achieved 100 percent renewable electricity in the United States and various European countries, and in India we’ve gone from 2 percent renewables in FY15 to 66 percent in FY21. We are also exploring other investments in various renewable energy technologies in the communities where we operate. Embracing hybrid work. The future of work is hybrid . Within Cisco, we anticipate a 20 to 30 percent decline in employee commuting compared to pre-pandemic levels. Fewer trips will decrease our Scope 3 emissions from employee commuting. We will also continue to optimize our real estate portfolio, which will reduce our Scope 1 and 2 emissions. Investing in carbon removal solutions. The Cisco Foundation has committed US$100 million over 10 years to invest in climate solutions . We also invest in innovative solutions through the annual Cisco Global Problem Solver Challenge . As we build our net zero strategy, Cisco will apply this innovation lens to other promising solutions. Further embedding sustainability and circular economy principles across our business. Energy efficiency and renewable energy are not enough— we must also continue to transform the way that products are made and managed throughout their lifecycles . Cisco is committed to designing and managing its products and packaging for reuse, repair, and resource efficiency. FUTURE INTRO POWER INCLUSIVE