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 Promoting Diverse Leaders We believe our people are cr ucial to our ongoing business success and aim to rec ruit, develop and retain strong and diverse talent. As a truly global company with approximately 70% of our net sales generated from markets outside the U.S. in 2021, we believe it is especially important for our leadership to have diverse perspectives. We are working to increase diversity representation at our management levels. We are making progress in our diversity represe ntation among our senior leadership, particularly for women globally and Hispanics and Asians in the U.S. We are working toward our ambition of full labor force representation in the U.S. among all major ethnic groups so that Colgate People can see themselves across all organizational levels. Through development programs and intentional focus, we are committed to making p rogress across all organizational levels of leadership to maintain a robust pipeline of internal candidates. Learn more about how we are t aking action in Colgate-Palmolive's 2022 Diversity, Equity & Inclusion Report . Ensuring Pay Equity Colgate has long been committed to pay equity and its role in fostering a diverse and inclusive workplace. We pay all Colgate People at a level commensurate with their role, work location, individual performance and experience, irrespective of gender, race, ethnicity or any other category protected by law. Consistent with these values, Colgate conducts an annual U.S.-based pay analysis for gender and race. Acknowledging that comparing pay based on race/ethnicity is challenging on a global basis, in 2020, Colgate also conducted a global gender-based pay analysis. Our results confirm that in the United States, Colgate has achieved statistical pay equity for gender and race. Globally, there is a less than 1% unexplained difference in pay between women and men, and we are committed to continuing our work to close that gap. We will be updating these results in 2022 to ensure we remain on track for pay equity. Supplier Diversity In 2021, based on our 2025 Sustainability & Social Impact Strategy, we created a Supplier Diversity plan that dovetails with Colgate’s overall DE&I goals and drives our sites around the world to engage with more companies that are owned and operated by minorities, women, veterans, members of the LGBT community and people with disabilities. Our goal is to work with suppliers who represent the communities in which we live and work and partner with them to enable their success. To further this goal and enhance our supplier diversity program, we created a position for a Director of Supplier Diversity in 2021. Supplier diversity is an intrinsic part of Colgate’s business strategy. It is as important for Colgate People to see themselves in our suppliers as it is for consumers who expect our business to support their own values. PAGE 34 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT