20 Precautionary Approach As one of the world’s largest and most comprehensive packaging companies, risk is inherent in our growing global operations. We follow a comprehensive approach to risk and strive to protect the assets of the Company and the investments of our shareholders, as well as to address the concerns of all our other stakeholders and ensure the continuity of our business. We recognize that managing risk must be a dynamic process that is integrated into day-to-day management practices and applies process rigor. Our business decision-making process is governed by a philosophy that requires a conscious awareness of the risks and opportunities that different scenarios may entail. We carefully evaluate our business environment to identify potential risks and take appropriate measures to eliminate or reduce their adverse impact while remaining committed to acting in a manner consistent with our strategic objectives. To achieve this, and in addition to the day-to-day risk management activities that occur globally throughout our organization, we have a global Enterprise Risk Management (ERM) program. Crown’s ERM program was formed in 2009 to provide a process for identifying, assessing and managing global risks. ERM program participants include representatives from multiple functions, including senior corporate executives, Business Units, corporate-level support functions, information technology, cybersecurity, regulatory and operations. This program ensures that the Company takes a holistic view of risk to identify any risks that would prevent the Company from achieving its strategic objectives. A comprehensive risk assessment process is performed to identify all potential risk factors affecting Crown. These risks are ranked and eventually classified into the following four categories: Strategic, Corporate, Financial and Operations. To allow us to fully understand our environmental, economic and social impacts, sustainability is a continuous consideration within our ERM process. 20 FAST-TRACKING PROGRESS FOCUSING ON OUR CORE OUR PEOPLE & COMMUNITIES REPORT OVERVIEW REPORTING STANDARDS SUSTAINABILITY STRATEGY FROM OUR CEO WHO WE ARE