Contents Sustainable Impact Footprint Integrity and human rights Supply chain responsibility Operations Products and solutions Appendix Sustainability Bond progress statement Management assertion environmental and social impacts as outlined US$1 billion of net proceeds from the assets funded with the proceeds from HP Inc.’s On June 16, 2021, HP Inc. issued its inaugural in the HP Inc. Sustainable Bond Framework. The Sustainability Bond to eligible projects during the 2021 Sustainability Bond to ensure they met the Sustainability Bond for US$1 billion, with a 2.65% Framework aligns with the four core components period May 1, 2019–October 31, 2021. No proceeds use of proceeds, eligibility criteria, and reporting interest rate and a June 17, 2031, maturity date. of the Green Bond Principles (2018) and the remain unallocated. commitments outlined in the HP Inc. Sustainable After deducting the underwriting discounts Social Bond Principles (2020). Bond Framework. Sustainalytics’ annual review and offering expenses, the net proceeds have Sustainalytics, a leading provider of second-party (available on the Sustainalytics website) was been allocated to eligible Green Projects and As of October 31, 2021, in accordance with opinion services for issuers of sustainability issued in June 2022 and found that HP Inc.’s Social Projects expected to have positive our Framework, we have allocated the nearly bonds, was engaged to evaluate the projects and issued bond met the criteria required. Eligible project categories Eligible project criteria* Net bond proceeds allocation Impact KPIs associated with the eligible projects (US$ millions) Green buildings Investment in building offices and facilities that have achieved or are 232 • Two green buildings funded with the proceeds of this offering achieved LEED Gold certification (Gold or above) or expected to achieve LEED® Gold or above or similar certifications BREEAM Excellent Pollution prevention and control Recycling and remanufacturing services, including sourcing 275 • In 2021, 108,800 tonnes of hardware, 10,300 tonnes of Original HP and Samsung toner cartridges, and 1,500 tonnes of Original of recycled plastics and machinery investment to assist in HP Ink Cartridges were recycled. processing of ocean-bound plastics • In 2020, 106,500 tonnes of hardware, 10,600 tonnes of Original HP and Samsung toner cartridges, and 1,300 tonnes of Original HP Ink Cartridges were recycled. Eco-efficient and/or circular economy products, R&D for printers and personal systems devices that meet the 466 • 77% of personal systems products shipped in 2021 were EPEAT® registered and 85% were ENERGY STAR® qualified. production technologies and processes criteria laid out in the framework, including related to eco labels • 88% of printers shipped in 2021 were EPEAT registered and 94% were ENERGY STAR qualified. and the usage of recycled plastic components ** • Progress in 2021 toward our goal to eliminate 75% of single-use plastic packaging by 2025, compared to 2018: achieved a 44% reduction, from an average of 221 grams/unit in 2018 to 124 grams/unit in 2021. • Progress in 2021 toward our goal to use 30% postconsumer recycled content plastic across HP’s personal systems and print *** product portfolio by 2025: achieved 13%. **** Socioeconomic advancement and empowerment Expenditures toward improving diversity in HP’s workforce 14 • Progress in 2021 toward our goal to double the number of Black/African American executives by 2025, from a 2020 baseline: Target population through the HP Racial Equality and Social Justice Task Force and increased by 33%, compared with 2020, about one-third of the way to achieving the goal. • Girls and women other initiatives, Digital equity and Social Impact programs aimed • As of the end of 2021, 4.1% of U.S. executives were Black/African American. at promoting digital equity and inclusion among women and ***** • People with disabilities Black/African American and other underrepresented minorities • Progress in 2021 toward our goal to accelerate digital equity for 150 million people by 2030, since the beginning of • Communities of color as mentioned in the framework, and skill enhancement programs 2021: Accelerated digital equity for 4.3 million people. • Teachers, trainers, and educators aimed at empowering workers in the supply chain. • Digital equity programs designed to transform lives and communities through greater access to education and economic opportunity. * “Eligible project criteria” describes how HP products or services have a positive impact on the environment, as well as how HP invests in R&D, CAPEX, and OPEX aligned to “clean tech” requirements for raters and rankers such as MSCI, Corporate Knights Global 100, etc. ** Calculated as the percentage of primary plastic packaging (by weight) reduced per unit shipped. Excludes secondary and tertiary packaging components. Includes HP personal systems and printer hardware packaging. Does not include packaging for the following: Graphics Solutions hardware other than PageWide XL and DesignJet printers; 3D printing hardware; print supplies; refurbished products; and accessories such as third-party options, drop in box, and aftermarket options. *** Recycled content plastic (RCP) as a percentage of total plastic used in all HP personal systems, printer hardware, and print cartridges shipped during the reporting year. Total volume excludes brand-licensed products and after-market hardware accessories. Total RCP includes postconsumer recycled plastic, closed-loop plastic, and ocean-bound plastics used in HP products. Personal systems plastic is defined by EPEAT® eco label criteria. Subject to relevant restrictions on the use and distribution of materials destined for recycling and/or recycled feedstocks. **** As a percentage of U.S. personnel with the title of Executive, formerly called Vice President. ***** Our programs aim to accelerate digital equity through providing access to at least one of the following: hardware, connectivity, content, or digital literacy. 100 2021 HP Sustainable Impact Report www.hp.com/sustainableimpact