2022 ESG Report | FedEx 25 OUR PEOPLE INTRODUCTION OUR PRINCIPLES OUR PLANET DATA APPENDIX FedEx Express maintains a Global DEI Governing Board to provide oversight on DEI efforts and support our U.S. and international regional diversity councils. These councils address local DEI issues in support of our global strategy. At FedEx Services and FedEx Corporation, a DEI Executive Steering Committee develops DEI strategy, oversees initiatives, and drives engagement across the company. FedEx Ground maintains an Inclusion Leadership Council, comprised of a cross-functional group of officers and directors, which executes strategic DEI efforts. FedEx Freight established a Culture Leadership Team to provide direction and assess our culture of inclusion and corporate citizenship. Our culture The FedEx culture enables a resilient workforce that can respond to the challenges of today, do the right thing, and create connections across the world. Our flexible network and strong culture have positioned us to support businesses, governments, and non-profits in delivering lifesaving PPE, vaccines, and pharmaceuticals throughout the COVID-19 pandemic. The pandemic underscored the mission of FedEx to connect the world in good times—and more recently—in periods of great need. Our team members are united by our passion to deliver on the Purple Promise. This passion begins with our People-Service-Profit (PSP) philosophy and is driven by our Quality Driven Management (QDM) system. A successful balance of People-Service- Profit is key to our success. FedEx was founded on the full circle philosophy that taking care of our team members results in outstanding service, which allows us to earn a fair profit and reinvest in our team members. Our team members are our greatest asset, and the three components of our culture—PSP, QDM, and the Purple Promise—continue to be the driving force behind how we think, how we work, and what we deliver. Our culture stance informs values and behaviors We are a global team of innovators and collaborators, committed to bringing our People-Service-Profit philosophy to life by: » Prioritizing safety » Taking care of our team members » Embracing DEI so everyone feels appreciated and valued » Delivering excellence and value for our customers and stockholders » Acting with integrity in all that we do » Supporting our communities » Helping shape a better world » Growing profitability to reinvest in our team members and business