0 '' Meet the cover artist Introduction Environmental Social Governance Indexes and Glossary Raúl Villanueva is a designer, illustrator and Target team member based in the Minneapolis area. His piece is also featured as part of a series of murals outside our Lake Street Minneapolis store. The murals draw inspiration from a poem by Target Associate Creative Director Shelby Lewis: We will root our stories deeply. As seeds of courage and change. We will keep each other grounded. With hope, resilience and strength. There is healing here to grow from. Our renewal to stand as one. Community means everything. Together is where we belong. “ I came to the U.S. from Guadalajara, Mexico, in the mid-2000s. The first store I stepped into in the U.S. was the Lake Street Target store to buy necessities. I even bought my first toy in the U.S. there. Years later, I came to Target to work as an art director, and creating a permanent mural for the exterior of this particular store is a full-circle moment for me. My mural is inspired by the word “together” in Shelby’s poem, and a lot of the visual representation is connected to my personal work and heritage as a Mexican. The butterflies represent all the immigrant communities that grew and established along the Lake Street corridor. The biggest inspiration for the middle piece was seeing how neighbors showed up for each other after the Minneapolis protests. There’s so much value in showing up for others, especially in these hard times. And this community is filled with so much resilience. Over the years, I’ve seen empty storefronts turn into thriving new businesses, and even as they navigate daily struggles, this community still sticks together.” Read more about Target’s Lake Street Minneapolis store and the local artist murals. 2022 Target ESG Report 108

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