11 CLIMATE CHANGE & CARBON MANAGEMENT Climate change has become the defining issue of our time and its impacts are threatening our global food system and the wellbeing of both the people and the communities that rely on food and agriculture for their livelihoods. Physical impacts of climate change can result in significant disruptions across our operations as well as throughout our supply chain. Extreme weather events and chronic impacts of global rising temperatures can affect the consistent availability and pricing for agricultural commodities that PFG relies on. In addition, the transition towards a low-carbon economy, changing consumer expectations, and stricter regulatory frameworks also present a set of risks and opportunities that have the ability to impact our business and our stakeholders. Given the significance of the challenges and opportunities associated with climate change, we have published an enterprise Climate Change Policy to guide our approach to the following: • Climate change governance at PFG • Climate change risk management integration and strategy • Support for regenerative agriculture and sustainable product adoption • Greenhouse gas emission measurement and reduction targets As part of the commitments stated in our Policy, we conducted an analysis of our greenhouse gas emissions and established an emissions baseline as the foundation for developing a carbon reduction roadmap and determining the best pathways for reducing our emissions across our operations. In fiscal 2021, we completed this task and developed a complete greenhouse gas inventory of our Scope 1 and Scope 2 emissions. We also set the following goals focused on decreasing the energy and carbon intensity of our operations: • Reduce power consumption intensity by 20% by 2030 against our fiscal 2020 baseline • Secure 10% of purchased electricity from renewable sources by 2030 Senior management reports on the progress on these goals to the Nominating and Corporate Governance Committee on a quarterly basis, ensuring Board oversight on key energy efficiency, renewable energy and carbon reduction initiatives. By the end of fiscal 2022, we aim to set an enterprise-wide carbon emissions reduction target and a multi-year action plan for meeting the goal. GREENHOUSE GAS EMISSIONS INVENTORY FISCAL 2021 - METRIC TONS 1 SCOPE 1 663,670 SCOPE 2 (LOCATION-BASED) 149,896 SCOPE 2 (MARKET-BASED) 150,403 1 Our greenhouse gas emissions inventory has been developed in alignment with the GHG Protocol for Corporate Accounting and Reporting Standard of the World Resources Institute and the World Business Council for Sustainable Development.