leaving a positive legacy for our world Task Force on Climate-Related Financial Disclosures (TCFD) DISCLOSURE FOCUS AREA RECOMMENDED DISCLOSURE RESPONSE/REFERENCE Risk Management Disclose how the organization identifies, assesses and manages climate-related risks. a) Describe the organization’s processes for identifying and assessing climate-related risks. b) Describe the organization’s processes for managing climate-related risks. c) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management. Introduction > Corporate Governance > Board Oversight, Risk Management 2021 Proxy Statement > Corporate Governance > Board Role in Risk Oversight, pgs. 4-5 Metrics and Targets Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities. a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process. • Comparable store annual energy consumption • Annual energy savings from investments and upgrades • Grid vs. renewable energy consumption • Scope 1, 2 and 3 emissions • Percentage of packaging sold that is recyclable, refillable or made from recycled or bio-based sources b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks. Environment > Energy & Emissions c) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets. Ulta Beauty has a formal commitment to set emissions reduction targets in accordance with the terms of the Science Based Targets initiative covering Scope 1, 2 and 3 emissions. 2021 ESG Report 45 Supplemental Data Community Environment Product People Introduction