Workplace Safety Within Lockheed Martin, we engage and empower employees through a suite of safety initiatives. Several of these include: • Target Zero Structured Improvement Activities: These continuous improvement events are designed to enhance safety and performance in identified opportunity areas. In 2021, our Corporate Environment, Safety and Health team sponsored three domestic and one international event, and our business areas sponsored an additional four events. • Zero in on Safety: This employee promotion campaign demonstrates leveraging the Zero in on Safety techniques, Identify, Evaluate and Act (IDEA), to recognize hazardous conditions, report injuries and close calls and implement corrective solutions. • Safety Moments: This video series is based on real Lockheed Martin situations and incidents. Safety Moments drives injury prevention and awareness through employee testimonials and stories. • Ergo Cup: This competition fosters innovation of new ergonomic practices and processes to minimize ergonomic stressors experienced in the workplace. We held our ninth annual Lockheed Martin Ergo Cup competition in 2021. • Target Zero’s Heroes: This program, introduced in 2021, recognizes employees who demonstrate outstanding safety actions through a formal nomination and awards process. We continually strive to improve our Target Zero program. An example of this is our recent effort towards risk-based management, with an enhanced focus on actual and potential serious incidents or fatalities. Focusing on this category of serious incidents allows us to dedicate resources to manage robust investigations, corrective actions and preventative strategies in areas that will have the greatest safety impact. Our Target Zero Committee developed Lockheed Martin’s concept of prioritizing actual and potential serious incidents or fatalities and the new process for managing them through our incident management system. Our system is used to report and track all safety incidents, close calls and positive observations across the company. The Target Zero Committee published a guidance document defining actual and potential serious incidents or fatalities to include incidents that relate to one of seven high-risk categories. Actual and potential serious incidents or fatalities will be tracked in our incident management system and will require the incident investigator to complete a 5 Whys root cause analysis. The Target Zero Committee will analyze all actual and potential serious incidents or fatalities reported across the business areas to identify trends and opportunities for improvement. Performance will be reported on a quarterly basis to the Environment, Safety and Health Leadership Council. For more information on our Target Zero and Environment, Safety and Health programs, please visit the Lockheed Martin Environment, Safety and Health website and review our annual performance reports located on the ESG Portal . U.K. TARGET ZERO STRUCTURED IMPROVEMENT ACTIVITY EVENT Lockheed Martin conducted its first Target Zero structured improvement activity at our Faslane, U.K., location in the summer of 2021. The focus was on identifying improvement opportunities for ballast maintenance operations, which consists of transporting and sand-blasting vessel ballasts. The original operation required heavy lifting, awkward positions and working at heights. The facility designed an innovative solution to transport, elevate, hold and roll the ballast in which the air transporter, a critical piece under the ballast, was able to be removed to avoid grit damage from sandblasting. This solution also eliminated the need to work at heights. The operation was further refined by the structured improvement activity team with an overhead arrestor to hold the hoses and blasting equipment, reducing operator safety risk. We plan to host a multi- week structured improvement activity event in the U.K., again in 2022, this time looking for safety opportunities at both manufacturing and office facilities. About this Report Our Company Our Sustainability Approach Our Sustainability Priorities Beyond the SMP ESG Performance Index www.lockheedmartin.com 2021 Sustainability Report 38