Packaging innovation through collaboration Only 9 percent of the world’s plastic is recycled today, and Cisco continues to explore alternatives to plastic-based stretch wrap to stabilize and protect palletized products in transit. In fiscal 2019, we piloted reusable pallet wraps in our operations and continued to use reusable wraps through fiscal 2021. This effort allowed us to avoid the use of nearly 175,000 pounds of plastic wrap over the three years, which is equivalent to 14 million high-density plastic shopping bags. We built on this pilot in fiscal 2021 by joining with Microsoft and nine other companies for an Ellen MacArthur Foundation network project that is exploring three different pathways to eliminate single-use stretch wrap. Enabling circularity for our customers Cisco is partnering with customers, cities, and other organizations to accelerate the transition to a circular economy. One of our partners, Intesa Sanpaolo, a major European bank, set up a dedicated credit facility of US$7.3 billion in 2018 to support companies looking for circular efficiencies and adopting circular business models. Since late 2018, Intesa Sanpaolo has financed almost 200 circular economy projects, which include investments in closed loop manufacturing, circular product design, reverse logistics, IoT, and more. In fiscal 2021, Intesa Sanpaolo and Cisco began working in partnership to provide wrap-around support, from financing to technology, for companies going into a circular transition. Digital technology opens up new possibilities for circular business models. Cisco partner 99Bridges is leveraging Cisco IoT and networking technology to create a reusable bag system designed to eliminate single-use plastic bags. 99Bridges created a technology platform called Mosaic that reminds and rewards customers to reuse their smart-enabled reusable bags. Mosaic also enables retailers to track and manage the end-to- end circular lifecycle and environmental impact of the reusable bags. 99Bridges is piloting the solution with major retail chains across North America, including Walmart, Target and CVS Health. Cisco is also working with customers on the application of AI-enabled subscription services, blockchain, and other solutions that will provide greater tracking and traceability. FUTURE INTRO POWER INCLUSIVE 2021 Cisco Purpose Report | csr.cisco.com | ESG Reporting Hub 88