leaving a positive legacy for our world Today, Ulta Beauty is proud that 25% of leadership (director level and above) are people of color, and we believe that we can improve even further. We actively assess data, recruiting and promotional processes to build the infrastructure, platforms and processes needed to set goals and hold ourselves accountable to increasing representation in management. In 2022 and beyond, we will keep a focus on inclusive leadership as well as behavioral and structural inclusion as we nurture our culture and ensure all associates can reach their full potential. We remain committed to retaining, developing and attracting diverse talent. This year, we will: o Reimagine the Diverse Leaders Development Program to double the number of associates and include expanded external partner expertise, dedicated trainings as well as CEO and executive mentorship for future company leaders o Significantly invest in incremental efforts to support our diverse slate recruitment efforts o Continue to acknowledge and celebrate lived experiences with always-on DEI internal programming that includes dedicated workshops, panels, keynote speakers and educational programming for key moments such as Pride Month, Black History Month and Asian Pacific American Heritage Month, among others Closely intertwined with associate experiences are the guest experiences that come to life daily in our stores and online. Guest-centricity is core to Ulta Beauty’s success. We continue to invest in the communities we serve and our trainings to prioritize inclusivity with every guest engagement. o New this year, the Ulta Beauty Charitable Foundation will donate $2 million to BIPOC and LGBTQ+-focused nonprofits with volunteering and education opportunities for associates. o Inclusion in Action, the quarterly, in-store training launched in 2021 to reinforce inclusivity and address unconscious bias, will now be mandatory for distribution center and corporate associates in addition to a second year of curriculum for salon and store associates. This accounts for a $2.5 million investment, in addition to the existing company trainings, and will result in a minimum 3.5 hours of required DEI training for all associates. o Textured hair and shade-matching education trainings will be further enriched across every Ulta Beauty salon. 2021 ESG Report 16 People Introduction Environment Product Supplemental Data Community