LETTER FROM THE CEO Fiscal 2021 was an eventful year. The continued impacts of the global pandemic, increased focus on climate change and climate risk, and a continued call for companies to participate in a larger social dialogue on race and equality all meant that companies like ours were being called on to address far more than just managing our business for profitable growth, quality and consistency. These unprecedented times highlighted the importance of embedding environmental and social action into our day-to-day business planning, both to address external societal expectations and to help PFG prepare for business risks and new business opportunities that such focus has created. One thing we know for sure, business-as-usual is not an option anymore. As PFG continues to grow and provide essential support to the foodservice sector, we know that doing so means we must also be prepared to show how we are leveraging ESG to address the expectations of our shareholders, our customers and our associates. In our 2020 Corporate Social Responsibility Report, we introduced our commitment to the principles that guide our ESG journey: Impact, Innovate and Inspire. Today, that journey continues, and we have undertaken some significant steps towards delivering on our commitment. These include setting a meaningful strategy for ESG across the company and leveraging the internal, cross-functional committees that we have created to help us manage our ESG efforts. In addition, I am very proud to announce that as a result of this work, we have developed our first set of comprehensive ESG goals, which include specific targets in areas such as responsible sourcing, D&I, associate engagement and development, energy efficiency, renewable energy, waste management and community engagement. This year we announced our partnership for a 2.25 megawatt community solar project in Maine and we engaged a third-party expert to help us analyze potential renewable energy purchasing opportunities and our greenhouse gas emissions. We also launched an ESG Supplier Survey across our supply chain, which is helping us to better understand the ESG performance of our many vendor partners. I am particularly proud to share that we are developing a comprehensive strategy focused on strengthening an inclusive and equitable culture at PFG and fostering diversity among our partnerships throughout our supply chain. We have a full-time executive focused entirely on Diversity & Inclusion and in meeting PFG’s imperative to provide an equitable work environment for all of our team members. This report will provide more detail on our ESG activities and performance. We recognize we have much more work to do, and we are committed to integrating ESG across all aspects of our business strategy and culture. On behalf of the Board of Directors and leadership at PFG, I want to thank our associates for their exceptional commitment to driving ESG progress across the organization, and our customers and business partners for joining us in our journey to deliver a sustainable future with nutritious food for all. George Holm Chairman, President & CEO 4
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