CONTENTS LETTER FROM LETTER FROM SUSTAINABILITY 2025 SUSTAINABILITY SUSTAINABILITY DRIVING SOCIAL HELPING PRESERVING NOEL WALLACE ANN TRACY HIGHLIGHTS SUSTAINABILITY MANAGEMENT GOVERNANCE IMPACT MILLIONS OF OUR STRATEGY HOMES ENVIRONMENT Consumer Use & Disposal of Products Colgate Operations Accelerate Action on Climate Change Supplier Sourcing of Materials & Services At Colgate, we are on a mission to create a healthy and sustainable future for all. Achieving Colgate has been working on climate change for over 20 years. Accelerating Action on Climate Change that future means we have an important responsibility to address climate change and its is a core action of our 2025 Sustainability & Social Impact Strategy and drives our intention for Net threat to disrupt every aspect of our lives—from environmental impacts like weather events, Zero carbon emissions across our growing business. Our targets align with the Science Based Targets water security and biodiversity, to food supply to socioeconomic stability. This makes acting initiative (SBTi), the Paris Agreement, our signing of the Business Ambition for 1.5ºC and our commitment on climate change a priority for our stakeholders, including our employees, customers, to Recover Better, working in concert with the UN Global Compact (UNGC). consumers, investors, NGOs and business partners and, in turn, a priority for Colgate. 0 10 20 30 40 50 60 70 80 We will make progress towards reducing emissions by working across our entire value chain, including Colgate's Carbon Footprint* our suppliers, operations, brands and consumers. The majority of our total GHG emissions across our four core product categories (oral care, personal care, home care and pet nutrition) are associated with the consumer use of our products—particularly related to the use of hot water for personal and home care, as well as cold water used for oral care. That’s why we made an ambitious commitment to reduce 15% Supplier Sourcing of Materials & Services the indirect use phase emissions associated with the consumer use of our products by 20% by 2025 against a 2016 baseline. 5% Colgate Operations Although our own global operations contribute only about 5% of our total carbon footprint, these emissions are the ones that we have the most direct operational control over, so we continue to work hard to drive efficiency and reduce our GHGs. 80% Consumer Use & Disposal of Products * Approximate percentages based on 2020 baseline data across Colgate-Palmolive's global categories and geographies 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT PAGE 57