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 Protecting the Environment Through Responsible Sourcing development activities. Through this partnership, we also receive support for supplier engagement and overall sustainability advisory services. Our work in 2021 included enhancements to our grievance management Our efforts to protect the environment through our sourcing practices are focused on key forest process, incorporating satellite monitoring activities along with alerts via our partnerships with NGOs and risk commodities, including palm oil, soy-based products, pulp and paper-based packaging and other organizations to any activities conflicting with our policy expectations. When we are alerted to potential beef (tallow). We have developed and implemented commodity-specific policies for palm and soy issues, we engage with the suppliers and relevant stakeholders to better understand the situation and seek that outline our expectations for suppliers of these materials, and we have an overarching No appropriate remedies. Deforestation Policy that applies to the four key forest risk commodities we source. Palm Oil Soy Products Our efforts to responsibly source palm oil are guided by our Policy on Responsible and Sustainable Soy-derived products are also an area of focus for us, and our Responsible Soy Procurement Policy outlines Sourcing of Palm Oil. This policy outlines our expectations for our palm oil suppliers and includes the our actions and expectations. We recognize that soybean is a key commodity associated with deforestation following commitments: and social conflict, particularly in South America. Therefore, we aspire to build a transparent and responsible soy supply chain and contribute to industry-level transformation. Our work on soy-based materials is • No deforestation and no conversion of • Legal compliance supported through our partnership with Earthworm Foundation and our work with the Consumer Goods native vegetation Forum - Forest Positive Coalition. • Reduction of greenhouse gas emissions • No exploitation of people or local Our specific commitments for our soy supply chain are as follows: communities • Adoption of good agricultural practices We continue to focus on increasing the transparency and traceability of palm oil we source. Our work • No deforestation • No exploitation • Adoption of good • Legal compliance on policy implementation, transparency and traceability is done in collaboration with Earthworm and no conversion of people or local agricultural Foundation and trade groups such as the Consumer Goods Forum - Forest Positive Coalition. Through of native vegetation communities practices our work as a member of the Forest Positive Coalition, we are collaborating with 20 global CPG brands and retailers to drive collective, transformative change to remove deforestation, forest conversion and We source most of our soy-based ingredients from the United States, Europe and South America, where degradation from key commodity supply chains and to support forest-positive businesses. deforestation and ecosystem degradation is a significant concern. Similar to our efforts to responsibly source palm oil, we are striving for traceability to ensure that the products we do source from those geographies can In 2021, we partnered with Earthqualizer to implement a satellite monitoring program to monitor be clearly traced to upstream suppliers who uphold our standards and comply with our policy. our Southeast Asia palm oil supply for deforestation and for fires potentially related to palm oil 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT PAGE 82