72 2021 ESG REPORT THE BIG PICTURE EMPOWERING WOMEN ENABLING OPPORTUNITY ENRICHING COMMUNITIES GOVERNANCE TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES (TCFD) INDEX The inclusion of information contained in this disclosure should not be construed as a characterization regarding the materiality or financial impact of that information to investors in Gap Inc. For a discussion of risks that are material to investors in Gap Inc., please see our Annual Report on Form 10-K for the year ended January 29, 2022 filed with the Securities and Exchange Commission (SEC), and subsequent SEC filings. Given the inherent uncertainty in predicting and modeling future conditions, caution should be exercised when interpreting the information provided below. In addition, the controls, processes, practices, and infrastructures described in this disclosure are not intended to constitute any representation, warranty, or other assurance that such controls, processes, practices, and infrastructures will result in any specific outcome or result. TCFD Metrics Company Response GOVERNANCE a) Describe the board’s oversight of climate-related risks and 2021 CDP Climate Change Disclosure: (C1.1, C1.1a, C1.1b, C1.2, C1.2a) opportunities. ESG Report: Governance > Risk Management (p. 48) b) Describe management’s role in assessing and managing 2021 CDP Climate Change Disclosure: (C1.2, C1.2a, C2.2) climate-related risks and opportunities. ESG Report: Governance > Oversight Structure (p. 47) > Management Approach STRATEGY a) Describe the climate-related risks and opportunities the 2021 CDP Climate Change Disclosure: (C2.1a, C2.1b, C2.2, C2.2a, C2.3, C2.3a, C2.4a) organization has identified over the short, medium, and long term. > Materiality > Responsible Business Practices b) Describe the impact of climate-related risks and opportunities on 2021 CDP Climate Change Disclosure: (C2.3a, C2.4a, C3.1, C3.2, C3.2b, C3.3, C3.4) the organization’s businesses, strategy, and financial planning. c) Describe the resilience of the organization’s strategy, taking into 2021 CDP Climate Change Disclosure: (C2, C3.2b, C3.3) consideration different climate-related scenarios, including a Gap Inc. is planning to conduct a climate-related scenario analysis in 2022. 2°C or lower scenario.