0 TCFD Index Introduction Environmental Social Governance Indexes and Glossary About This Report GRI Index SASB Index SDG Index T CFD Index UNGPRF Index Glossary The Task Force on Climate-related Financial Disclosures (TCFD) provides a framework of recommended disclosures for corporate reporting on climate-related risks and opportunities, categorized by Governance, Strategy, Risk Management, and Metrics and Targets. Based on the TCFD scenario analysis we conducted in 2022, this index references Target’s reporting against the voluntary guidelines of the TCFD 2021 Implementation Guidelines. Topic Disclosure Focus Area Disclosure Target Response Governance Disclose the organization’s governance around climate- related risks and opportunities. Disclosure a) Describe the board’s oversight of climate-related risks and opportunities. Managing ESG issues p. 56 2022 Proxy Statement: Core functions of the Board p. 13–17 b) Describe management’s role in assessing and managing climate-related risks and opportunities. CDP Climate Response 2022 (C1) Managing ESG issues p. 56 Climate-related risks and opportunities p. 23 2022 Proxy Statement: Core functions of the Board p. 13–17 Strategy Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material. a) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term. CDP Climate Response 2022 (C2) Climate-related risks and opportunities p. 23 b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning. CDP Climate Response 2022 (C2.3, C2.4, C3.3, C3.4) Climate-related risks and opportunities p. 23 c) Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2 ° C or lower scenario. CDP Climate Response 2022 (C3.2) Climate-related risks and opportunities p. 23 2022 Target ESG Report 96