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 Business Resilience Climate Scenario Analysis We acknowledge that the impact of climate change poses potential short-, medium- High / Moderate / Low Low Climate Moderate Climate High Climate and long-term risks to our business. As Carbon Price Scenarios Change Scenario Change Scenario Change Scenario we accelerate the decarbonization of our value chain to help limit global temperature rise to 1.5°C, our teams are building climate resilience into our global business Policy and Legal Transitional Risks Physical Risks Acute activities. We are continuing to assess our climate impact, risks and opportunities Reputation Progressive and to integrate our sustainability strategy Market across our organization while creating a Technology Business Risks healthier future for all people, their pets and our planet. Revenue | Cost | Assets | Liabilities Climate-Related Scenario Analysis the key findings of the climate-related scenario analysis conducted, please see our report aligned with the TCFD recommendations. Climate-related scenario analysis is a tool that helps assess an organization's financial exposure to climate change, both for physical and transition risks under different climate futures. The information collected through this process will help us prioritize our risk management activities, inform our strategy, create capacity to set an internal carbon price, better assess the return on investment for Colgate engaged with a third-party expert to conduct a climate-related scenario analysis to better sustainability related capital investments, align with new public reporting and disclosure frameworks and understand how climate change may impact our business and what type of actions can be taken respond in a more complete way to investor requests about the potential climate risks to our business model. to avoid climate risks or capture opportunities. The analysis covered the potential impacts of both physical risks, such as hurricanes or droughts, and the transitional risks, such as carbon We are continuing our work to conduct further climate scenario analyses, including pilot projects to quantify pricing, regulatory requirements and impacts on Colgate’s reputation. For more information on and monetize the climate and water risks. 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT PAGE 66