0 Introduction Environmental Social Governance Indexes and Glossary Social Overview Elevating equity in supply chains and communities Inside Social Supporting Our Team Members Board and Workplace Diversity Products and Guest Experiences Built on Fairness and Equity Serving and Strengthening Communities We’ve been building strong partnerships with diverse suppliers and underrepresented businesses for decades, leveraging our scale as a purchaser to support economic development and enhance our guests’ shopping experiences. Propelled by our new Target Forward strategy, which focuses on creating an equitable and regenerative future, we’re advancing equity beyond the Board and workplace to our supply chain, as well as the communities we serve . By 2025, we plan for 100% of our suppliers to have policies and programs to advance gender equity in supply chains, and for owned brand suppliers to pay workers digitally. Our commitment to supplier diversity Every year, we work hard to find, attract and retain more diverse-owned suppliers . We are proud to work with an ever-growing roster of suppliers that are at least 51% owned, controlled and operated by women, BIPOC, LGBTQIA+, veterans or people with disabilities. In April 2021, as part of our REACH commitments , we launched our plan to spend more than $2 billion with Black-owned businesses by the end of 2025. This commitment involves: • Increasing the number of products from Black- owned businesses to more than 500 across our stores and online. • Spending more with Black-owned companies, including marketing agencies, construction companies, facilities maintenance providers and others. • Establishing new resources to engage with early-stage historically under-resourced entrepreneurs to provide education on scaling for mass retail. To that end, we build relationships with such suppliers through multiple national business groups, including the National Minority Supplier Development Council and National LGBT Chamber of Commerce . In addition, together with the Women’s Business Enterprise National Council (WBENC) , we are a founding partner and premier sponsor of Women Owned in Retail , a program designed to help women-owned consumer goods businesses thrive in the retail space. We also host onsite and virtual summits to introduce Target merchants and others to potential new, diverse partners. Globally, we are working to extend supplier diversity within our international supply chain. We have identified three priorities — women, people with disabilities and other underrepresented groups — and have connected with WeConnect (the global women’s partner to WBENC, an entity with operations in the U.S. only) and Disability:IN to support this work. Elevating worker well-being in the supply chain We engage with strategic stakeholders to address issues that matter to supply chain workers. By the end of fiscal year 2021, our collaborative projects related to worker well-being impacted the lives of more than 3.7 million people. Throughout 2021, we pivoted our worker well- being approach toward our 2025 goals, which focus on gender equity and the digitization of wages for workers in our owned brand supply chain. We began working to align our strategies with external organizations that enable thought partnership and future progress. Below are examples of partnerships that exemplify this approach. • Better Than Cash Alliance (BTCA) : We became a member of this UN-based alliance in 2022 to Accelerators support our commitment that all owned brand suppliers pay workers digitally by 2025, following responsible practices. • CARE : Target continues to partner with CARE International, designing strategies to drive gender equity throughout our sourcing practices and extended supply chain. • BSR : Target supports BSR’s HERproject to empower female supply chain workers through workplace-based health, financial inclusion and gender equality interventions. • International Center for Research on Women (ICRW) : Through our partnership with the center’s advisory arm, ICRW Advisors, Target is contributing to the further development of ICRW’s Self-Diagnostic Tool . This industry- aligned resource helps factories assess their gender equity policies and processes and generates a customized scorecard on existing gender integration policies and practices to encourage continuous improvement. Metric FY2021 FY2020 FY2019 Number of companies supported by Target Accelerators during the fiscal year Target Takeoff 31 25 17 Target Incubator 0 8 8 Target Technology Accelerator 0 10 9 Target Accelerator Program India 5 10 10 Number of products on shelves in Target stores from graduates of Target Accelerators (SKUs) 220 123 59 2022 Target ESG Report 51