72 intel.com/responsibility 2021-22 Corporate Responsibility Report Water Stewardship Semiconductor fabrication requires significant water use. By responsibly managing our water use, guided by our Global Water Policy , we can meet our business needs, as well as those of our communities. In 2021, we returned and restored approximately 99% 1 (by volume) of our fresh water withdrawals to our communities through efficient water management, water reuse, and project funding that enabled water restoration in local watersheds. Our water strategy has three main objectives: conserve water used in our operations, collaborate on water ini - tiatives with local communities, and create technology solutions to help others reinvent how they use and conserve water. As a part of our 2030 RISE goals, we aim to achieve net positive water by conserving 60 billion gallons of water (cumulative from 2020) and funding water projects that will restore more fresh water than we consume to our local watersheds. We estimate that our water conservation efforts saved approximately 9.3 billion gallons of water in 2021. We also completed new projects in 2021 that we estimate will save more than 1.6 billion gallons annually, once operational. Over the last 10 years, our water conserva - tion efforts have saved approximately 44 billion gallons of water, enough to sustain about 400,000 US homes for one year. 2 During 2021, we continued to fund water restoration projects benefiting the watersheds that we impact and the communities where we operate, including new proj - ects in Arizona, New Mexico, Ireland, Malaysia, and India. See details about our detailed water footprint and water risk assessment by location in the Appendix. Additional information is also available in our most recent CDP Water Security report posted on our Report Builder website. 1 Water returned (12.0) + water restored (2.3)/water withdrawal (14.3) = 99% (small rounding difference). 2 Based on average US household water usage figures published by the US Environmental Protection Agency . Water Usage and Conservation Our 2021 absolute fresh water use increased 3% as we continued to bring tools online and the complexity of newer technologies grew. We increased our water conservation from 2020 to 2021 by about 31%, and increased 114% in the last two years, due to significant investments in water conservation projects. We define water withdrawals, or water usage, as total gallons of incoming fresh water used. “Operations” includes all manufacturing and non-manufacturing sites with 2,000 or more employees where Intel has operational control. 11.1 3.5 12.0 4.4 12.6 4.4 13.8 7.1 14.3 9.3 Water Conserved Water Withdrawals (Usage) 12 0 Billions of Gallons 18 6 2021 2017 2019 2020 2018 Normalized Production Index (Year 2017 = 100) Net Positive Water 2030 Goal: Net Positive Water Description. Achieve net positive water by conserving 60 billion gallons of water and funding water restoration projects that restore more fresh water than we consume to our local watersheds. Net positive water is defined as water returned through water management practices, plus water restored to local watersheds, equivalent to >100% of our freshwater consumption. Baseline. Progress measured from baseline of Jan. 1, 2020. Progress in 2021.  During 2021 we conserved 9.3 billion gallons of water and more than 16 billion gallons cumula - tively from the 2020 baseline. In addition, Intel- enabled projects restored 2.3 billion gallons of water to our watersheds. As a result, we have achieved 99% toward our net positive water globally, and reached net positive water in three countries: the US, India, and Costa Rica. These achievements advanced us toward our 2030 goal of net positive water, resulting in 99% 1 (by volume) of our fresh water usage that was returned and restored, and significant progress toward our goal to conserve 60 billion gallons of water by 2030.   Looking Ahead. In 2022 we expect to conserve 8.5 3 billion gallons of water in our operations and commu - nity partnerships, and enable restoration of 2.5 billion gallons of water to local watersheds. 3 Our 2022 target was set based on the exclusion of water savings at our Dalian, China manufacturing site. The Dalian site was sold subsequent to year-end 2021 as part of the first closing of the divestiture of our NAND Memory business. 77% 85% 87% 90% 8.6 1.8 1.4 1.3 2.5 2.4 9.9 10.2 11.1 99% 0.1 12.0 2.3 0.3 0.7 Water Restored (Watershed Projects) Remaining Gap (Water Consumption) Net Positive Water Progress (% Returned + Restored) Water Returned (Site Discharge) 12.0 – Billions of Gallons of Fresh Water 16.0 8.0 4.0 75% –% 100% 50% 25% 2021 2017 2019 2020 2018 Introduction Our Business Responsible Inclusive Sustainable Enabling Appendix