A message from Tae Yoo Senior Vice President, Corporate Affairs Measuring impact along our purpose journey At Cisco, measuring impact isn’t just a tick-the-box exercise. We’ve been creating and measuring the outcomes of our ESG programs on a global scale since the very beginning. By setting clear goals, measuring our progress, and transparently reporting our impact, we’re able to provide an account of the difference we’re making and how we plan to learn from our outcomes. This allows us to prove and improve—to identify areas of strength or weakness, opportunity or risk. Doing so is integral to our purpose work and a key part of being a responsible corporate citizen. Our approach in action A prime example is our 2016 goal to positively impact one billion people by 2025 through our social impact grants to nonprofits like Kiva and signature programs like Cisco Networking Academy . It’s paramount that we understand the impact these investments are having —whether it’s enabling someone to get a new job; improving a person’s proficiency in science, technology, engineering, and math (STEM); or helping a family find a permanent place to live. In addition to quantifying the effectiveness and impact of our programs, we take it a step further by obtaining third-party limited assurance of our progress against this goal. This validates the impact data collected related to Cisco attribution, positive impact, and number of individuals reached. Our companywide focus on addressing climate change, started in 2006, has now developed into an overarching strategy that moves us closer to a regenerative and sustainable world. This is accompanied by public goals for our most significant environmental issues–backed by internal audits, and in certain instances, receiving limited assurance by a third party. As always, we will approach new goals, like our recent net zero goal , with the same focus on transparent reporting and rigorous measurement that we have followed since we first began publicly reporting our performance on ESG topics over 15 years ago. Our commitment to impact Our annual Purpose Report holds us accountable to our stakeholders and society. We also use it as motivation to push ourselves even harder to ensure our efforts are delivering the utmost value and resulting in deep, inclusive, and sustainable impact around the world. FUTURE INTRO POWER INCLUSIVE