Allocation by bond Table 3 provides an overview of our allocation of net proceeds from our 2020 Sustainability Bond by bond tranche as of December 31, 2021. We’ve received an Independent Accountants’ Report providing assurance of management’s assertion that $5.688 billion in net proceeds (see Table 1) was allocated to Eligible Projects. We have made this allocation of net proceeds on a pro rata basis from the 2025 Notes, 2030 Notes, and 2050 Notes. Amounts allocated are rounded to the nearest million. Table 3 ALLOCATION BY BOND ACROSS GREEN AND SOCIAL ELIGIBLE PROJECT CATEGORIES Eligible project categories Allocated amount ($M) 2025 NOTES 2030 NOTES 2050 NOTES Reporting year 2021 2022 2021 2022 2021 2022 Cumulative total Energy efficiency $112 $66 $252 $148 $277 $163 $1,018 Clean energy $224 $83 $502 $187 $552 $205 $1,753 Green buildings $218 $215 $490 $481 $538 $529 $2,471 Clean transportation $3 $1 $6 $3 $6 $3 $22 Circular economy and design $1 $1 $2 $1 $2 $1 $8 Affordable housing $12 $2 $27 $5 $30 $7 $83 Commitment to racial equity $14 $12 $32 $26 $35 $29 $148 Support for small businesses and 4 COVID-19 crisis response $23 $9 $52 $21 $58 $22 $185 TOTAL ALLOCATION OF NET PROCEEDS $607 $389 $1,363 $872 $1,498 $959 $5,688 Net proceeds allocated by tranche (%) 61% 39% 61% 39% 61% 39% 100% Alphabet Sustainability Bond Impact Report 2022 Appendix 16
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