Introduction Environment Social Governance Appendix Sustainability Strategy Sustainability in Our Operations and Value Chain Netting Remaining Emissions to Zero Sustainability in Storytelling Climate Risk STRATEGY AND RISK MANAGEMENT Climate Risk We conducted an initial climate risk assessment at the end of 2021. This evaluation looked at a range of climate risks as defined by the Refer also to the TCFD index in the appendix to this report Task Force on Climate-Related Disclosures, including physical, regulatory, reputational, market, legal, and transitional risks. We also referenced the ESG-Specific Committee of Sponsoring GOVERNANCE Organizations’ (COSO) framework and Intergovernmental Panel on Climate Change (IPCC) research to build a climate risk framework to Board: The Netflix Board oversees the Company’s assess Netflix risk. ESG efforts, which includes sustainability, with the assistance of the Nominating and Governance Committee. They regularly receive updates on sustainability and enterprise risk management at Board meetings. Management: Our Chief Financial Officer (CFO) oversees management decisions related to our sustainability programs, which are led by our Netflix Sustainability Officer. Our Internal Audit team performs an annual company-wide enterprise risk assessment, in which climate risks are considered, and the findings of this assessment are shared with the Board annually. Netflix ESG Report 2022 33