FY21 ESG Disclosures July 2022 Unaudited 19 to all employees to help them understand the role they can play in climate change action and continue to develop the critical green skills and solutions needed for our continually evolving world. Climate Risk and the Taskforce on Climate-related Financial Disclosures (TCFD) Climate risk and resilience pose an urgent and important risk factor for us and our clients, and our investors have confirmed their increased focus on the recommendations of the TCFD. As a supporter of the recommendations, we have made four commitments in our Climate Action Plan , that we continue to meet:  Integrate climate risk analysis into company strategy and planning.  Deploy climate risk technology on all pursuits and projects where climate risk is considered material.  Support our clients and suppliers to undertake their own climate risk assessments, in line with the TCFD recommendations.  Integrate by 2025 climate risk and adaptation considerations into each of our market sector strategies. For more information on our climate change strategy, including our approach, risk and opportunity findings and next steps, see our FY21 and FY22 Climate Risk Assessments. Since 2020 we have conducted specific climate change risk and opportunities assessments in line with TCFD recommendations. Our assessments in 2020 and 2021 explored climate-related risks and opportunities to which we are exposed through our operations and the projects and programs we deliver globally. The approach to the assessment conformed with the international standard on risk management, ISO 31000:2018 Risk Management Guidelines and follows methods that are used by our climate risk specialists in our work with our clients.  Scope and context: The assessment focused on projects across the main market segments of our People & Places Solutions (P&PS) line of business. These were from five of our major geographies: Australia, Canada, India, U.K. and the U.S. The risk framework was specially developed for the assessment. It enabled risk to be assessed with respect to a range of objectives, including health and safety, client relationships, regulatory compliance, reputation, and service delivery.  Scenario analysis: Recognized and described risks that may prevent Jacobs and our clients from achieving our objectives under our 1.5°C and 4°C scenarios – (RCP [Representative Concentration Pathway] 2.6 and 8.5, respectively).  Risk analysis: The characteristics of the risks were established, including their potential impacts, consequences and the likelihood of the climate-related events that cause these. Controls that were applied to reduce the climate risks, including those accounting for the effects of projected climate change, were captured and risk was assessed with these in place.  Risk evaluation: The combination of likelihood and most severe consequence were used to assess risk severity. Disruption to business for environmental end markets is a case study of a transitional risk we have identified, assessed and are responding to. We could see business risks ($10 million to $100 million per year) from disruption to major client revenue streams, and a similar loss of revenue from reduced services for fossil fuel related projects. However, this is offset by greater opportunities such as emergency management and national security ($10 million to $100 million per year), environmental planning and permitting for extreme weather impacts ($10 million to $100 million per year) and civil works including circular economy, waste management, clean energy and natural treatment systems ($10 million to $100 million per year). Analyzing our markets revealed common themes and specific insights allowing us to estimate the value of financial impacts to Jacobs.