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 companies. Collectively, the 100+ Accelerator and its startups are tackling targets across each of the 17 UN SDGs. Of the six startups that Colgate sponsored directly, five are focused on the circular economy. For example, Make Grow Labs turns food waste into biomaterials for packaging using scoby cellulose in Poland; Solutum has created a soluble and biodegradable alternative to flexible packaging and will produce bags and soap wraps for Colgate in Israel; Wattron has created innovative heating solutions that saves on packaging, energy and time in Germany and Plastics for Change created a fairtrade system for recycling plastic waste and collecting 100 metric tons of plastic in India to include in blister packaging for charcoal. In keeping with our commitment to the Ellen MacArthur Foundation’s Plastics Pact Network, we signed on to the Plastic Pac ts of Canada, the United Kingdom and ANZ (Australia, New Zealand and Pacific Islands) as we continue to work toward our mutual goals related to reduction of problematic materials for recycling, increases in recycled content and recyclability of packaging across all of our product categories. In 2021, we also signed the Ocean Plastics Leadership Network (OPLN) call-to-action for a United Nations treaty on p lastics pollution and confirmed our support for the CGF’s Golden Design Rules aimed at eliminating plastic waste through design. In our 2025 Sustainability & Social Impact Strategy, we set a target to design and deliver circular and alternative solut ions for all our products, aimed at zero plastic waste. By 2025, it is our goal to: • Eliminate unnecessa ry and problematic packaging • Use at least 25% po st-consumer recycled plastic in our packaging • R educe the use of new (virgin) plastic by one- third against a 2019 base line • Make all our packaging recyclable, reusable or compostable Our progress ag ainst these targets, as of December 31, 2021, is set forth below. Our progress against these targets does not include o ur EltaMD, Filorga, hello or PCA SKIN businesses or co-packers. • We continue to strive to eliminate PVC. We have eliminated using PVC i n 99 .9% of our packaging by weight. We have also developed plans to exit the remaining uses where there remains a technical challenge related to product safety. • Colgate’s 2025 target is to use at least 25% post-consumer recycl ed content in our plastic packaging. Our 2021 full-year use of post- consumer recycled plastic in packaging was 14 .2% . • In our effort to eliminate plastic waste, our 2025 target is to reduce our u se of new (virgin) plastics in packaging by one-third against a 2019 baseline. As of December 31, 2021, we have eliminated new (virgin) plastic in our packaging by 8.5% against a 2019 baseline. • As of December 31, 2021, approximately 84.2% of our packaging acr oss categories and materials (plastic, fiber, metal and glass) by weight was technically recyclable. PAGE 54 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT