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84 SUSTAINABILITY PRODUCT FORMULATION OUR INGREDIENTS We select our ingredients for many reasons, including safety, efficacy, and sustainability. We work diligently to ensure that our products are formulated to meet the requirements of governmental and regulatory bodies and scientific standards wherever we sell our products, as well as our own high-quality standards. We achieve these high-quality and safety standards through rigorous selection and evaluation of the ingredients that we use in our formulations and through careful consideration of what we don’t use, even if permitted by regulatory authorities. We are confident in the safety and efficacy of our products and the ingredients we use. PROGRESS TOWARD OUR GOALS GOAL: We will develop a glossary of key ingredients that includes descriptions of the ingredients’ purpose and will make this information available online by the end of calendar year 2025. We are committed to increased transparency about the ingredients in our products. In fiscal 2021, seven brands—Bobbi Brown, Bumble & bumble, Estée Lauder, Editions de Parfums Frédéric Malle, GlamGlow, M·A·C, and Smashbox—published ingredient glossaries on their websites, bringing our total to 11 (Aveda, Origins, Clinique, and La Mer released ingredient glossaries in fiscal 2020).

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