CONTENTS LETTER FROM NOEL WALLACE LETTER FROM ANN TRACY 2025 SUSTAINABILITY STRATEGY SUSTAINABILITY HIGHLIGHTS SUSTAINABILITY MANAGEMENT SUSTAINABILITY GOVERNANCE DRIVING SOCIAL IMPACT HELPING MILLIONS OF HOMES PRESERVING OUR ENVIRONMENT Protecting the Environment Through Responsible Sourcing Our efforts to protect the environment through our sourcing practices are focused on key forest risk commodities, including palm oil, soy-based products, pulp and paper-based packaging and beef (tallow). We have developed and implemented commodity-specific policies for palm and soy that outline our expectations for suppliers of these materials, and we have an overarching No Deforestation Policy that applies to the four key forest risk commodities we source. P alm Oil Our efforts to responsibly source palm oil are guided by our Policy on Responsible and Sustainable Sourcing of Palm Oil . Th is policy outlines our expectations for our palm oil suppliers and includes the following commitment s: • N o deforestation and no conversion of native vegetation • No exploitation of people or local communities • Legal compl iance • Reduction of greenhouse gas emissions • Adoption of good agricultural practices We continue to focus on increasing the transparency and traceability of palm oil we source. Our work on policy implementation, transparency and traceability is done in collaboration with Earthworm Foundation and trade groups such as the Consumer Goods Forum - Forest Positive Coalition . Through our work as a member of the Fo rest Positive Coalition, we are collaborating with 20 global CPG brands and retailers to drive collective, transformative change to remove deforestation, forest conversion and degradation from key commodity supply chains and to support forest-positive businesses. In 2021, we partnered with Earthqualizer to implement a satellite monitoring program to monitor our Southeast Asia pal m oil supply for deforestation and for fires potentially related to palm oil d evelopment activities. Through this partnership, we also receive support for supplier engagement and overall sustainability adv isory services. Our work in 2021 included enhancements to our grievance management process, incorporating satellite monitoring activities along with alerts via our partnerships with NGOs and other organizations to any activities conflicting with our policy expectations. When we are alerted to potential issues, we engage with the suppliers and relevant stakeholders to better understand the situation and seek appropriate remedies. Soy Products S oy-derived products are also an area of focus for us, and our Responsible Soy Procurement Policy outlines our actions and expect ations. We recognize that soybean is a key commodity associated with deforestation and social conflict, particularly in South America. Therefore, we aspire to build a transparent and responsible soy supply chain and contribute to industry-level transformation. Our work on soy-based materials is supported through our partnership with Earthworm Foundation and our work with the Consumer Goods Forum - Forest Positive Coalition . Our specific commitments for our soy supply chain are as follows: • N o deforestation and no conversion of nat ive vegetation • No exploitation of people or local communiti es • Adoption of good agricultural practice s • Legal compliance We source most of our soy-based ingredients from the United States, Europe and South America, where d eforestation and ecosystem degradation is a significant concern. Similar to our efforts to responsibly source palm oil, we are striving for traceability to ensure that the products we do source from those geographies can be clearly traced to upstream suppliers who uphold our standards and comply with our policy. PAGE 82 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT