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 Pulp and Paper Packaging Tallow Our commitment to responsibly source pulp and paper materials is based on our recognition that Tallow, a cattle byproduct, is a key ingredient in bar soap production. Colgate sources tallow from suppliers over half of the world’s forests have been lost. This has not only led to biodiversity loss and social in North America, Latin America and Europe. For tallow sourced from Brazil, we take steps to ensure that the instability, but also to the worsening of climate change. Deforestation of High Conservation Value tallow is responsibly sourced and does not originate from cattle ranches located in the Amazon. We require and High Carbon Stock forests, such as tropical rainforests and peatlands, has been especially that our suppliers follow environmental and social guidelines set forth by the Brazilian Institute of Environment devastating to endangered animal species and has led to significant release of carbon emissions. and Natural Resources and that cattle operations conform with the Minimum Criteria for Industrial Scale Cattle Operations in the Brazilian Amazon Biome. To learn more about our actions and progress against our work on Our efforts are guided by the pulp and paper packaging section of our No Deforestation Policy, beef (tallow), please see the Beef (Tallow) section of our No Deforestation Policy. which outlines our expectations for how we source these materials. The guiding principles that underpin our approach include: • No illegally harvested • No deforestation of High Conservation Value wood (HCV) areas • No exploitation of people • No sourcing of wood from forests that were Partnerships or local communities converted to plantations or non-forest uses An important element of our sustainability strategy is our engagement and collaboration To mitigate risks in our supply chain and ensure that we are sourcing our pulp and paper products with external partners, which in alignment with our values, we seek to maximize the use of recycled content products wherever complement our strong internal capabilities. These possible. We conduct an annual risk assessment process for all paper and pulp packaging suppliers partnerships help us achieve and the materials they source to Colgate, and we utilize Forest Stewardship Council certified our ambitions to source materials to further support our approach to sourcing sustainable paper-based packaging. Through sustainably and to strive for our partnership with the Rainforest Alliance, we conduct an annual paper-based packaging supply Net Zero deforestation. risk assessment, which helps us to identify sources of high risk within our supply chain and the implementation of actions to mitigate sustainable sourcing risk. 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT PAGE 83