59 intel.com/responsibility 2021-22 Corporate Responsibility Report Supplier Diversity and Inclusion Our commitment to diversity and inclusion extends beyond Intel to our suppliers. We believe a diverse supply chain supports greater innovation and value for our business while helping to enable Intel’s vision to create world-changing technology to improve the life of every person on the planet. Our vision to grow a diverse and inclusive global supply chain includes increasing our annual spending with diverse-owned suppliers, as well as working with others to expand and enable inclusive sourcing practices across the industry. On our path to reach our 2030 RISE goal to increase annual spending with diverse suppliers to $2 billion globally, we have set three major milestones focused on spending with women-owned suppliers outside of the US and minority-owned suppliers globally, including US Black-owned suppliers. We put these milestones in place to advance racial and gender economic equity. We are expanding opportunities for diverse-owned companies to compete for new business and increase their positive impact in their communities and our industry. Inclusion of diverse-owned suppliers is built into our operations and outlined in our Supplier Diversity Policy . We have integrated requirements for including diverse suppliers into our supplier bidding, selection, and management processes, and in our EPIC award. We apply these expectations and requirements to tier 1 2 suppliers, and we also expect our non-diverse suppliers to report their own spending with diverse-owned suppliers and subcontractors. 2 “Tier 1 suppliers“ are companies from which Intel makes direct purchases. “Tier 2 suppliers“ are companies from which Intel’s tier 1 suppliers make direct purchases. 2030 Goal: Supplier Diversity and Inclusion Description. Increase global annual spending with diverse suppliers 1 by 100% to $2 billion. Baseline. $1 billion in annual spending with diverse suppliers as of January 1, 2020. Progress in 2021. At the end of 2021, we had increased our annual spending to $1.4 billion, bringing us to a ten-fold increase in diverse supplier spends since our diverse supplier program's inception in 2015. We have made strong progress toward our 2030 goal and our three milestones focused on women-, minority-, and US Black-owned suppliers. Looking Ahead. In 2022 and beyond we will continue our progress toward our milestones to spend $500 million annually with women-owned suppliers outside the US by the end of 2025 and $800 million annually with minority- owned suppliers globally by end of 2023, including $250 million with US Black-owned suppliers. 1 We recognize certified diverse suppliers as businesses that are at least 51% owned, operated, and controlled by any of the following categories: women; minorities as recognized by the country or region where the business was established; veterans/military service- disabled veterans; persons who are lesbian, gay, bisexual, or transgender; or persons with disabilities. While Intel recognizes these categories, they may vary in accordance with local law. “One of Intel’s 2030 RISE goals—to reach $2 billion in annual spending with diverse suppliers—goes beyond numbers. Realizing full diversity and inclusion across our supply chain globally is critical to delivering world-changing technology that improves the life of every person on the planet.” — Keyvan Esfarjani, Executive Vice President and Chief Global Operations Officer at Intel Introduction Our Business Responsible Sustainable Enabling Appendix Introduction Our Business Responsible Sustainable Enabling Appendix Inclusive Inclusive
![Intel Corporate Responsibility Report - Page 59](/cdn-cgi/image/width=600,quality=80,format=webp/https://cdn.relayto.com/images_originals/630b39464ef17.jpeg)