47 2021 ESG REPORT THE BIG PICTURE EMPOWERING WOMEN ENABLING OPPORTUNITY ENRICHING COMMUNITIES GOVERNANCE ESG OVERSIGHT As we integrate sustainability throughout our business, we hold ourselves accountable with our strong governance structure and management oversight approach. INTEGRATING ESG INTO OUR Bringing ESG into the SGO was designed CORPORATE STRATEGY to maximize cross-departmental collaboration, a crucial part of our ESG Our policies and sustainability frameworks team’s work. The ESG team engages a guide as as we strive to meet the broad spectrum of teams across Gap company's social and environmental goals. Inc., including our brands’ Product and We take a forward-looking approach Marketing teams and our Equality & to governance, prioritizing a structure Belonging, Human Resources, Supply that includes Board oversight facilitated Chain Strategy, Government Affairs, and enabled by the Strategic Growth Legal, and Gap Foundation teams. Office (SGO). Our robust management processes and policies are the foundation of a responsible, future-fit business. OUR OVERSIGHT STRUCTURE In 2021, Gap Inc. transformed our At Gap Inc., good governance begins GOVERNANCE AND SUSTAINABILITY COMMITTEE OF 18 GAP INC.’S BOARD OF DIRECTORS organizational structure to place the with a strong Board of Directors ESG team within Gap Inc.’s SGO, a unit that has delegated its oversight of our of the company charged with thinking Sustainability Program to its Governance beyond its core business to meet the and Sustainability Committee, which Board of Directors consumer and industry demands of the comprises independent directors. The future. The SGO brings together Gap Governance and Sustainability Committee Oversight of Gap Inc.’s ESG Program is overseen by the Governance and Sustainability Inc.’s Strategy, Environment, Social provides an independent perspective Committee of the Board of Directors, which provides regular updates to the Board & Governance, Government Affairs, on our Sustainability Program in concert of Directors regarding Gap Inc.’s sustainability programs. To assist in its oversight Corporate Development, and New with our overarching strategic objective responsibilities, the Governance and Sustainability Committee receives updates Business functions to drive sustainable and oversees our internal ESG team’s from our Chief Growth Transformation Officer. growth aligned with the company’s mission management of the Program. and values. We have established an ESG steering committee of leaders from Learn more on our website. Sally Gilligan, Chief Growth Transformation Officer critical functions across our organization. Meets with leaders across the company from Sourcing, Production, Brand and Operations, and the ESG team. 18. As of the date of this report, Gap Inc.’s Board of Directors which comprises 12 members 10 of whom are independent under NYSE rules. Five are women, and three are people of color.