0 Board and Workplace Diversity Workplace diversity We embrace diversity, strive to offer everyone equitable opportunities and celebrate our team members’ differences. Diversity, equity and inclusion (DE&I) isn’t just the responsibility of a single team at Target. Inclusivity is a core value for a reason. We all play a role in making our environment one where all can thrive and belong. Having clear DE&I goals and targets helps us measure and accelerate our efforts. In 2021, we continued to make progress against our 2019– 2021 goals, supported by our diversity action committees and employee resource groups. For example, we increased the promotion of women, including women of color, to senior leadership levels. To accelerate our progress and reinforce our commitment, we announced a new set of 2022–2024 DE&I goals in February 2022. Our Board of Directors has a long history of gender and racial/ethnic diversity. As of January 29, 2022, 38% of Board members were female, while 31% were racially or ethnically diverse. DE&I strategy For over 16 years, our DE&I strategy has guided efforts in four areas: • Creating an inclusive work environment. • Delivering an inclusive guest experience. • Advancing workforce diversity. • Leveraging our influence to drive positive impact on society. Today, DE&I is integrated throughout the business, guided by a process of continuously listening to — and learning from — stakeholders and collaborating with leading DE&I groups. Introduction Environmental Social Governance Indexes and Glossary Social Overview Inside Social Supporting Our Team Members Board and Workplace Diversity Products and Guest Experiences Built on Fairness and Equity Serving and Strengthening Communities A dedicated DE&I team leverages our dimensions of difference as one of Target’s greatest strengths, while diversity action committees embed our commitment in each business unit. Non-discrimination We respect cultural and individual differences and do not tolerate discrimination based on protected status or personal characteristics, including but not limited to: • Race, national origin or ancestry. • Color. • Sex (including pregnancy, childbirth and lactation status). • Gender, gender identity or gender expression. • Religion or religious creed. • Age. • Medical condition or disability. • Sexual orientation. • Citizenship status. • Military or veteran status. • Genetic information or characteristics (or those of a family member). Our stance is detailed in our Employee Information Report EEO-1 and Harassment-Free Workplace Policy, as well as our Code of Ethics, while our DE&I strategy shapes how we put our position into action every day. We monitor the representation of women and racially or ethnically diverse team members at different levels of the company, and disclose the composition of our team in our annual Workforce Diversity Report , which includes demographic information using the categories disclosed in our EEO-1 report . Target in action HBCU Design Challenge To foster inclusion and better serve our guests, Target teamed up with historically Black colleges and universities (HBCUs) for the inaugural HBCU Design Challenge in 2021 . Students were invited to submit designs for potential inclusion in Target’s Black History Month collection. As well as having their designs featured in the 2022 collection, the three winners also had the opportunity to learn about different aspects of production, from textile selection to placing the new products in stores. Read more about our winners and their designs . The Design Challenge is one of three HBCU competitions. Learn about the winners of our 2022 Technology and Future Leaders in Retail Challenges . 2022 Target ESG Report 39