Our Ethos 4 From Our CEO Dear Fellow Shareholder, Our commitment to acting responsibly as a company is rooted in our Ethos. This foundation of transparency, trust, alignment and honesty is the defining moral character of General Dynamics. It is the standard to which we hold our senior leadership team and our more than 100,000 employees worldwide. It is the compass we use to navigate as we deliver value to our shareholders, our customers and our communities. Sustainability requires vigilance and a commitment to continual improvement. We welcome scrutiny and input from our stakeholders. Indeed, ongoing engagement with our stakeholders has shaped our thinking as we have grown and evolved our sustainability program to include greater disclosure of key performance indicators. This year, for the first time, General Dynamics is making a commitment to reduce our carbon footprint. Our science-based target to reduce greenhouse gas emissions by 40% by 2034 is aggressive yet attainable. This is a key element of our broader commitment to reduce our global environmental impact; protect and promote human rights; increase the diversity and inclusiveness of our workforce; support the health, welfare and safety of our employees; and foster mutually beneficial relationships with our communities. In this report, you will see our Ethos manifest in our people and actions. Our goals, policies and conduct highlight and demonstrate our commitment to good stewardship and enduring value creation for all our stakeholders. Thank you for your continued support of General Dynamics. Sincerely, Phebe N. Novakovic Chairman and Chief Executive Officer
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