CONTENTS LETTER FROM LETTER FROM SUSTAINABILITY 2025 SUSTAINABILITY SUSTAINABILITY DRIVING SOCIAL HELPING PRESERVING NOEL WALLACE ANN TRACY HIGHLIGHTS SUSTAINABILITY MANAGEMENT GOVERNANCE IMPACT MILLIONS OF OUR STRATEGY HOMES ENVIRONMENT Our sustainability efforts span all aspects of our business, including supply chain, research and development, marketing, innovation, customer development and people development. Networks of senior leaders in each division and local champions support on-the-ground sustainability efforts, communications and reporting. Our ESG Moreover, to integrate sustainability tracking and disclosures into our business strategy, operations and employee review process, our global sustainability initiatives are among the individual objectives used to determine the compensation for many of our senior managers, including the CSO. The incentive compensation Reporting Task of many of our managers (e.g., CSO, Chief Procurement Officer, facility managers, energy managers, sustainability managers) is determined, in part, by the degree of our achievement against our sustainability goals, including climate-related initiatives. Force was Our Enterprise Risk Management (ERM) Committee, which includes Colgate’s Chairman, President and CEO, Chief Financial Officer, Chief Human Resources Officer, CSO, Chief Investor Relations Officer and SVP, Mergers & Acquisitions, Chief Legal Officer and Secretary, Chief Supply Chain Officer, Vice President and Corporate formed in 2021 Treasurer and other members of Colgate’s senior management, monitors current and emerging risks facing our Company and has identified sustainability, including as it relates to climate change, as a critical risk facing the Company. Risks identified by the ERM Committee are assigned risk sponsors who are responsible for to address overseeing the management of the risk and reporting back to the ERM Committee on the risk landscape and the Company’s mitigation efforts. The Group President, Growth and Strategy is the risk sponsor for sustainability risk, including as it relates to climate change. ERM Committee members provide the Board and its the increasing committees with regular updates on risks facing the Company. Our ESG Reporting Task Force was formed in 2021 to address the increasing demands for additional ESG disclosure from our stakeholders. Through the ESG demands for Reporting Task Force, management is kept abreast of climate disclosure-related issues to guide the Company on its ESG reporting. The ESG Task Force is composed of representatives from the Company’s investor relations, legal, supply chain, sustainability and finance functions. The ESG Reporting Task Force’s sponsors include additional ESG the Company’s Chief of Staff, Group President, Growth and Strategy, Chief Financial Officer, Chief Legal Officer and Secretary, Chief Investor Relations Officer and SVP, Mergers & Acquisitions, Vice President and Assistant Controller and CSO, all of whom serve on the Sustainability Steering Committee. The ESG Reporting Task disclosure Force meets on an as-needed basis and meets with the sponsors quarterly. from our stakeholders. 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT PAGE 18
Colgate Palmolive Sustainability & Social Impact Report Page 18 Page 20