2022 ESG Report | FedEx 8 OUR PRINCIPLES DATA APPENDIX INTRODUCTION OUR PLANET OUR PEOPLE Corporate integrity and compliance Trust and reliability are critically important to our stakeholders, and each of our team members earns this trust by delivering on the Purple Promise—to make every FedEx experience outstanding. The FedEx Board of Directors and management teams are dedicated to maintaining our strong culture of ethics, integrity, and reliability. Our Board has delegated to its Audit Committee the responsibility to oversee the company’s compliance and ethics programs, including the Code of Conduct (Code), enterprise compliance policies, and the FedEx Alert Line. Our Chief Compliance Officer leads our Corporate Integrity and Compliance department, which provides program oversight, strategic direction, and resources to team members across the enterprise. Each FedEx operating company is responsible for implementing and maintaining compliance with regional and sector-specific legal and regulatory requirements. Our Compliance Council—including representatives from Corporate Integrity and Compliance, Legal, Human Resources (HR), Communications, Security, Internal Audit, and Financial Compliance—enhances our governance around integrity and compliance programs. The Compliance Council meets quarterly to discuss new compliance initiatives, emerging risks, and best practices. In 2021, we received the Compliance Leader Verification designation from Ethisphere in recognition of our best-in-class ethics and compliance programs. FedEx Code of Conduct and global compliance policies The FedEx Code serves as the foundation of our corporate integrity and compliance program, and applies to every FedEx officer, director, and employee. The Code covers a breadth of topics, including workplace health, safety, and environment; international trade controls; human rights, including human trafficking; money laundering prevention; equal opportunity and anti-harassment; conflicts of interest; improper payments and bribes; fraud and insider trading; anti-trust and anti-competition; gifts and entertainment; and data security and privacy. We have additional policies that specify our requirements and expectations on a range of integrity and compliance matters. We routinely review and update these policies when we identify the need for employee clarification, the emergence of new laws or regulations, or other factors. We are also committed to protecting and advancing human rights in all of our operations around the world. We prohibit the use of child, compulsory, or forced labor and have zero tolerance for slavery and human trafficking. Our public-facing Corporate Integrity & Compliance website features our Code and global policies, providing employees, customers, and other stakeholders access to our key programs and policies. Our approach to tax Our global tax function is an integral part of our business operations. Our business choices maximize the long-term value of our company and deliver superior service to our customers. Our tax department works closely with our business groups to achieve our objectives while complying with tax obligations around the world in accordance with applicable laws and regulations. With the FedEx Code and our brand reputation at our core, our global tax function works to achieve its objectives by hiring, training, and retaining world-class tax professionals as well as consulting with outside experts. We believe in transparency in our approach to tax and seek to foster open and constructive relationships with tax authorities. Education and communications We provide interactive education on Code topics to new and existing team members. In FY21, 98% of employees completed assigned compliance education. Depending on their responsibilities and the associated risks they face, team members may receive more targeted and detailed education. We constantly reinforce our Code principles with targeted compliance communications through a variety of channels, including emails, newsletters, videos, and digital signage. We also conduct an annual survey with officers, directors, and senior managers across our enterprise to gauge awareness of, and compliance with, the Code.