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 Mitigation and Adaptation Society and Nature To address the physical risks of climate change to our operations, Colgate has a long-standing Climate Justice and Equity operations risk management process that includes managing the effects of episodic climatic events, such as storms, floods, droughts and temperature extremes, to our facilities and supply As part of Colgate’s work to address climate change and transition to a Net Zero economy, we recognize chain. Colgate is committed to developing a long-term strategy to mitigate risks from climatic the potential social impacts of our climate strategy as a relevant issue for our business, as referenced in events. As part of our property loss-prevention program, our strategic manufacturing sites are the Paris Agreement on climate change. Often those with the smallest contribution to climate change are highly protected against risks. Third-party assessments on property loss control are conducted the worst affected by it. The livelihoods of the world’s most vulnerable are often threatened by the adverse annually for all strategic sites. Additionally, we develop and routinely update category contingency effects of climate change, as well as mitigation measures. product sourcing plans to respond to, among other things, climatic events, including their impact on the availability of raw and packaging materials and logistics. Through work that we conduct with our partner Earthworm Foundation supporting our Palm Oil Program; we engage with small holder farmers, communities and local governments in Indonesia, Malaysia and To address the transition risks of climate change, such as carbon pricing, markets and technology, Latin America. These projects focus on building capacity with farmers and communities to implement good we are, among other things, reducing our energy usage and, in turn, our GHG emissions which forest management practices, implementing conservation practices for existing forests and engaging with enable us to mitigate potential costs. To learn more about Colgate’s strategy to respond to climate- governments to ensure beneficial land use planning to protect standing forests. related risks and opportunities, please see our report aligned with the TCFD recommendations. In addition, we are working to embed sustainability into all our products and brands. Our R&D and procurement teams are working to design sustainable products without negatively affecting consumer experience and the products’ efficacy, quality or pricing. This can help enable more equitable access to low- carbon products as markets shift with the transition to Net Zero. 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT PAGE 67