2022 Engagement Results: Key Themes Diversity and Inclusion Engagement in Action For the 2022 proxy season, we filed a total of three shareholder proposals. Two of them were withdrawn following successful engagements. Because research indicates that diversity is likely material to company performance, investors require consistent, comparable and complete information about diversity performance. However, we as investors often lack the information we need to evaluate corporate diversity performance as a material issue for our investment decisions. Companies currently provide this information to the U.S. government through the Equal Employment Opportunity reporting standard known as the EEO-1 report, but they are not required to release this information publicly. We believe corporate commitments to diversity are credible only if the company releases full EEO statistics on its workplace demographics. In 2020, Calvert began an organized effort to make this information more transparent. We began by writing to 100 of the largest companies in our portfolios, asking them to release their EEO-1 reports. Of these, 18 were already 112 releasing the report, and we encouraged them to continue to Total U.S. do so. For those that did not disclose the report, we asked engagements 53% for a meeting so we could explain why we thought doing so was important. We also reached out to other investors to Voted against or Voted against encourage them to support this initiative, and to coordinate withheld from “Say on Pay” with those that were already committed to the issue. By Oppose nominating proposals 37% committees the end of 2022, all 100 companies on our original list had director seats of boards that agreed to release the information publically. in the U.S. weren’t at least The results of this effort indicate that among large 40% companies, EEO-1 reporting has become the norm. This diverse represents significant progress. Investors must now use that information to drive engagement with clients and encourage laggards to improve their DEI practices. 9