Sustainability Governance The Lockheed Martin sustainability governance structure is comprised of the Nominating and Corporate Governance Committee chartered by the Board of Directors, the Executive Leadership Team, the Sustainability Leadership Council and the Sustainability Management Team. Our Senior Vice President, Ethics and Enterprise Assurance leads all sustainability programs and serves as Lockheed Martin’s Chief Sustainability Officer. This role reports directly to the Chairman, President and Chief Executive Officer, and provides regular updates to the Nominating and Corporate Governance Committee. We link incentive compensation for Lockheed Martin executives to performance on certain sustainability factors. See our 2022 Proxy Statement for more information. Our Sustainability Governance Structure Board of Directors Nominating and Corporate Governance Committee: This committee oversees performance in corporate sustainability, employee safety and health, environmental stewardship, ethical business practices and diversity and inclusion—all inextricably linked to our sustainability commitments. Annually, members of the Nominating and Corporate Governance Committee review company performance against the sustainability management plan and the sustainability report. Chairman, President and CEO Nominating and Corporate Governance Committee Executive Leadership Team Executive Leadership Team: This team oversees the sustainability program, supporting the Lockheed Martin strategic plan by enabling personnel in business areas and functions to pursue and implement opportunities and practices that support the corporate Sustainability policy. The Executive Leadership Team reviews sustainability management plan performance twice per year. Chief Operating Officer SVP Business Functions Chief Financial Officer Executive VP Business Areas Sustainability Leadership Council Chair: Senior Vice President, Ethics and Enterprise Assurance Vice President representatives of the Business Areas and Corporate Functions Sustainability Leadership Council: This council guides sustainability efforts and provides input for sustainability management plan execution. The council is chaired by the Senior Vice President, Ethics and Enterprise Assurance and consists of functional leaders with direct reporting relationships to the Executive Leadership Team. It convenes twice per year to review Lockheed Martin’s sustainability progress. The Sustainability Leadership Council also provides guidance during the core issues assessment and goal setting process. Sustainability Management Team Chair: Senior Manager, Corporate Sustainability Office Directors and Senior Managers responsible for functions related to specific sustainability management plan goals Sustainability Management Team: This team convenes quarterly to review sustainability management plan progress, review opportunities for program enhancement and share internal and external insights and best practices. It is chaired by the Senior Manager, Corporate Sustainability Office. About this Report Our Company Our Sustainability Approach Our Sustainability Priorities Beyond the SMP ESG Performance Index www.lockheedmartin.com 2021 Sustainability Report 9