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 Drive Sustainable Sourcing Responsible Sourcing The most environmentally friendly products are made with sustainable and responsibly sourced ingredients. Therefore, drive sustainable sourcing is one of the eleven actions we have articulated as part of our 2025 Sustainability & Social Impact Strategy. This requires that we have high expectations for our suppliers and establish robust and collaborative partnerships with them. The topics on which we engage our suppliers include labor practices and universal human rights, protecting the environment, health and safety and ethical dealings. Ultimately, sourcing materials in a responsible manner is simply consistent with our values. In addition to our non-negotiable expectations for et hical and responsible behavior by our suppliers, we have three primary targets for our responsible sourcing program: • Strive for Net Zero deforestation, prioritizing co mmodity products derived from palm and soy • Reduce supplier GHG emissions by 20% by 2025 ag ainst a 2020 baseline • Engage 100% of our suppliers with operations in w ater-stressed regions in taking action on water security Our strategy is to focus on: • Industry-wide transformation • Expanded use of certified materials and tr aceability • Implementation of geospatial land use mon itoring • Deeper engagement with suppliers and st akeholders • Increased external communications Our Supplier Code of Conduct Colgate’s Third Party Code of Conduct conveys our expectations regarding the conduct we expect from our suppliers, business partners and all other third parties with whom we w ork. Sections of the Code are modeled on, or contain language from, the Universal Declaration of Human Rights and the standards of the International Labor Organization. PAGE 79 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT