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 Accelerate Action on Climate Change At Colgate, we are on a mission to create a healthy and sustainable future for all. Achieving that future means we have an important responsibility to address climate change and its threat to disrupt every aspect of our lives—from environmental impacts like weather events, water security and biodiversity, to food supply to socioeconomic stability. This makes acting on climate change a priority for our stakeholders, including our employees, customers, consumers, investors, NGOs and business partners and, in turn, a priority for Colgate. Colgate's Carbon Footprint* 15% Supplier Sourcing of Materials & Services 5% Colgate Operations 80% Consumer Use & Disposal of Products Colgate has been working on climate change for over 20 years. Accelerating Action on Climate Change is a core action of our 2025 Sustainability & Social Impact Strategy and drives our intention for Net Zero carbon emissions across our growing business. Our targets align with the Science Based Targets initiative (SBTi), the Paris Agreement, our signing of the Business Ambition for 1.5ºC and our commitment to Recover Better, working in concert with the UN Global Compact (UNGC). We will make progress towards reducing emissions by working across our entire value chain, including our suppliers, oper ations, brands and consumers. The majority of our total GHG emissions across our four core product categories (oral care, personal care, home care and pet nutrition) are associated with the consumer use of our products—particularly related to the use of hot water for personal and home care, as well as cold water used for oral care. That’s why we made an ambitious commitment to reduce the indirect use phase emissions associated with the consumer use of our products by 20% by 2025 against a 2016 baseline. Although our own global operations contribute only about 5% of our total carbon footprint, these emissions are the ones that we have t he most direct operational control over, so we continue to work hard to drive efficiency and reduce our GHGs. 0 10 20 30 40 50 60 70 80 Consumer Use & Disposal of Products Colgate Operations Supplier Sourcing of Materials & Services * Approximate percentages based on 2020 baseline data across Colgate-Palmolive's global categories and geographies PAGE 57 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT