Introduction Environment Social Governance Appendix About This Report ESG Data Tables SASB Index TCFD Index Resources GHG Inventory Methodology Carbon Credit Project Screening Criteria Netflix’s greenhouse gas (GHG) emissions reporting is consistent with the Greenhouse Gas Emissions (GHG) “operational control” approach as set out by the GHG Protocol Corporate Accounting and Reporting Standard: Revised Edition. The organizational Inventory Methodology and operational boundary applies to the global company including its subsidiaries, the office and studio facilities we own and operate (e.g., Netflix reports its emissions following the World Resources Institute (WRI) / Albuquerque Studios) as well as facilities we lease from others but over World Business Council for Sustainable Development’s (WBCSD) Greenhouse which we have meaningful operational control (e.g., corporate and studio Gas Protocol Corporate Standard, as amended by the GHG Protocol Scope 2 offices and stages). Guidance, as well as WRI / WBCSD’s Greenhouse Gas Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard and Technical Guidance for Calculating Scope 3 Emissions (collectively, the GHG Protocol). OUR FOOTPRINT BOUNDARY Netflix GHG emissions reporting follows the operational control approach set out by the GHGP. Scope 1 and 2: Our emissions include all Scope 1 (direct) and Scope 2 (indirect emissions) from the following: our corporate operations (offices, Our reported emissions account for all GHGs covered by the UNFCCC Kyoto etc); the production of our films, series and games; and the storage and Protocol (Annex A) relevant to Netflix activities and are converted into metric delivery of our content. Scope 2 emissions are calculated using tons of carbon dioxide equivalents (MTCO2e) as specified by the GHG market-based and location-based emissions accounting methods defined Protocol. All emission factors are applied to the data and updated annually by the GHG Protocol Scope 2 Guidance. Location-based estimates to reflect the latest guidance and factors published by US EPA Emission are calculated based on the emissions intensity of the locations where the Factors for Greenhouse Gas Inventories (2022), US EPA eGRID2021 electricity consumption occurs. The market-based method incorporates Electricity Grid Emission Factors (2023) and UK DEFRA Greenhouse Gas electricity procurement decisions that are chosen within the local electricity Reporting Conversion Factors (2022). Additionally, where data is not available market, including zero-carbon electricity supply from utilities (i.e., opt-in or of sufficient quality, Netflix uses proxy data, industry-average figures, or “green tariff” rates) and contractual instruments such as renewable energy expert assumptions. In such instances, we use third-party certificates (RECs). sources for reliability and completeness. Some of these data sets such as the average building energy use intensity values from the DOE Commercial Building Energy Consumption Survey (2016), are held constant to maintain consistency across years. Netflix ESG Report 2022 11