Introduction Environment Social Governance Appendix Corporate Governance Enterprise Risk IP Protection & Data Piracy Ethics and Compliance Corporate Governance 31 Our corporate governance structure was built to find the world, while effectively managing risk and overseeing right balance of rights and responsibilities among management performance. We believe that a diverse mix of skills, shareholders, the board and management, and ensure that experience, perspectives and backgrounds contribute to an there are appropriate checks and balances in place. With effective board. The composition of our board has evolved over the rapid evolution of technology and the changing media the past several years, and when looking to fill board positions, we landscape, we are continually adjusting our service to meet the will continue to evaluate potential candidates who we believe needs and desires of our consumers. Our governance complement and augment our current board. The Nominating and structure has been deliberately constructed to help us to Governance Committee considers a number of factors, including do that. those depicted below, as well as characteristics such as gender, ethnic or racial background, and national origin when evaluating potential board candidates. Board Composition and Structure Our board is composed of 12 highly experienced, talented and qualified directors with experience as board members and executives at some of the world’s most successful companies. We Innovation Content International believe that the board is well situated to navigate the changing Knowledge of how Experience Expertise in global to anticipate with the business cultures competitive terrain that Netflix operates within. The board has led consumer and entertainment and and consumer Netflix through its evolution from a US-only DVD business to a technological media industry preferences leading global streaming service and from a licensor of second run trends content to one of the biggest producers of films and series in the STRATEGY ALIGNMENT Our board has the experience and expertise that aligns with these important facets of our long-term strategy Netflix ESG Report 2022 55 31 Netflix Approach to Governance