15 Materiality: The Core of Our Reporting Defining Materiality We strive to conduct a formal Sustainability Materiality Assessment in accordance with the Global Reporting Initiative’s (GRI) guidelines every two years. Our latest assessment began in 2021 and was completed in March 2022. Performing a formal Sustainability Materiality Assessment helps identify a set of sustainability-related focus areas that our stakeholders care about and that intersect with our business. These focus areas are identified with the input of over 100 internal and external stakeholders. See pages 16–17 for a summary of priority topics from our latest assessment. Our process when performing a Sustainability Materiality Assessment includes three main steps: 1. IDENTIFICATION We update and hone our assessments each time to reflect the key changes since our last report, including: ⹅ Significant changes in our business, such as acquisitions and divestitures. ▢ Alignment with GRI Standards, reporting via the latest reporting guidance offered. ▢ Other changes related to our business, customers, public policy, the context in which we do business and the evolving expectations of key stakeholders. ⹅ While sustainability is an evolving field, topics and lessons learned from our initial materiality assessment remain relevant today. During each assessment, we conduct in-depth interviews with customers, industry associations, employees and Company executives from around the world, in addition to reviewing the sustainability priorities of our customers and peer companies and researching key topics affecting the industry. 2. EVALUATION Our evaluation process includes speaking directly with identified key stakeholders via an independent third party, assessing reports outlining the environmental, social and governance stakeholders for the industry and analyzing our business plans, strategies and key risk assessments. Industry peers and enterprise customers are also benchmarked as part of this analysis. 3. PRIORITIZATION While all the topics identified as part of this process are important, six of the most “material” issues were ranked as among the most critical to manage on a continuing basis and have served as the foundation for our Twenty by 30 program : ⹅ Energy & Carbon Footprint ⹅ Water Management & Scarcity ⹅ Waste Reduction & Management ⹅ Employee Health, Safety & Wellness ⹅ Product Quality & Safety ⹅ Business Ethics FAST-TRACKING PROGRESS FOCUSING ON OUR CORE OUR PEOPLE & COMMUNITIES REPORT OVERVIEW REPORTING STANDARDS SUSTAINABILITY STRATEGY FROM OUR CEO WHO WE ARE