2020 transformed the world, from the global pandemic to heightened social and environmental awareness. In 2021, climate change accelerated alongside changes in the way we live and work. In my home state of O California, increasingly intense wildfires are devastating people, property, O air quality and ecosystems. Living in this new normal requires resilience— a quality that our teams display every day as they meet new challenges. INTR INTR In 2021, Pottery Barn launched a program to plant a tree for every piece of indoor wood furniture* sold. In partnership with the Arbor Day Foundation, our goal was to plant three million trees by 2023. In early 2022, we were already halfway to our target, so we expanded the goal across our brands and doubled it to six million trees planted by 2023. ANETANET 75,000 of those six million trees were recently planted in California, where we’re re-establishing native PLPL forests—including stands of big-cone Douglas fir—to make land and watersheds more resilient. Planting trees alone won’t save the planet, but it’s one way we’re adapting to the environmental and social challenges that come with climate change. We’re also one of the first home furnishings brands to set a Science-Based Target for reducing emissions across our value chain. We’ve decreased our carbon intensity since 2011, and now we’re applying learnings from our own operations to our entire supply chain. Since 2019, when we began tracking our value chain A LETTER FROM OUR CEO emissions, our carbon intensity has decreased by 24% while revenue has grown by 40%. Sustainability is core to our business strategy. OPLEOPLE PEPE We stand out in our industry for meeting and exceeding ambitious goals. Like any company, we’ve had setbacks, but they’re far outnumbered by our successes. In 2020, we surpassed our targets to pay $3M in Fair Trade Premiums (we paid $7M) and reach 100k+ supply chain workers with wellbeing programs (we “Today, 46% of our products reached 103k). In 2021, we doubled down, committing to an additional $10M in Fair Trade Premiums by 2025 and, by 2030, 75% of products will be sourced from suppliers who offer worker wellbeing programs. We’re also sourcing from more diverse suppliers through programs like the National Minority Supplier Development represent one or more of our social Council and the 15 Percent Pledge. or environmental initiatives, and As changes accelerate, we’re building on decades of progress in sustainability and social impact. In this PURPOSEPURPOSE report, we share the interconnected ways we’re navigating everything from climate targets to community that number keeps growing. We programs. We’re creating a resilient future not just for our company, but for our people and our planet. stand out in the market for original T 2021 design, unmatched quality and an T REPOR C A APPENDIXAPPENDIX industry-leading assortment of IMP LAURA ALBER, PRESIDENT & CEO responsibly made products.” Williams-Sonoma, Inc. 7 *Indoor wood furniture containing at least 80% wood; upholstery is excluded. 8