33 EXECUTIVE SUMMARY Through its subsidiaries, Performance Food Group (PFG) Company markets and distributes approximately 250,000 food and food-related products from 107 distribution centers to over 250,000 customer locations across the United States. Our 23,000 associates serve a diverse mix of customers, from independent and chain restaurants to schools, business and industry locations, hospitals, vending distributors, office coffee service distributors, retailers, convenience stores, and theaters. We work to build lasting relationships with our customers, doing everything we can to ensure success for all. PFG understands the acute nature of our exposure to physical climate-related risk. As a purveyor of agricultural products, changes in climate can result in scenarios that would alter the growing conditions needed to produce the raw materials we rely on. Further, extreme weather events can damage or destroy those crops. Finally, since a significant part of our business involves distributing food from warehouses to end users, severe weather events, such as fires, hurricanes, tornadoes or floods, can negatively impact our business. We are therefore committed to implementing measures to mitigate our exposure to climate risk. This includes having scenario plans in place to address severe weather events when they occur, working to ensure we have a diversified supply chain, and actively pursuing efforts to reduce the emissions of our business while working with our supply chain to do the same. Environmental, Social & Governance (ESG) issues and climate risk, are managed by PFG at several levels. Our Board of Directors has given ESG oversight responsibility to our Nominating and Corporate Governance Committee. The committee provides direct guidance to the company’s senior executives on the direction of our ESG strategy and helps to ensure that, in cases of particular risk exposure such as climate, there are active measures in place to mitigate those risks and ensure business continuity. The Board’s Audit Committee is responsible for providing oversight on enterprise risk management, including guidance around the need for improved focus on ranking and evaluating specific enterprise risks. To ensure implementation of the necessary work needed to address these risks, PFG has set up an Executive ESG Steering Committee and several cross-functional working groups dedicated to the development and execution of strategies that will help advance our efforts to improve ESG performance and, more specifically, to mitigate climate risk. The committee directly engaged in supporting efforts to identify and address climate risk is our Supply Chain and Operations Committee. This committee works to determine our baseline emissions, set our carbon reduction and renewable energy goals, assess our supply chain’s ESG performance, and identify and address any other specific risks or concerns. GOVERNANCE