Owens Corning

Owens Corning interacts with a wide range of stakeholders on a regular basis, including investors, customers, suppliers, community members, trade associations, and non-governmental organizations (NGOs). Through these engagements, we have an opportunity to present information about our efforts accurately and transparently, listen to stakeholder concerns, and work together to achieve solutions. These stakeholders and the methods we use to engage with them are outlined in the table below. [...] To better understand our stakeholders' expectations and priorities, we actively engage and consult with individuals, groups, and organizations that are impacted by our business operations. We rely on stakeholder guidance and direction to choose our business strategies and priorities, and from them we learn what is and is not working. We invite stakeholders to communicate with us on any economic, environmental, or social topic related to our business. The collective stakeholder input helps inform the Board's identification and management of economic, environmental, and social matters, as well as their impacts and opportunities, to help the Board fulfill its oversight duties. [...] We also invite all our stakeholders and other interested parties to communicate with our Board on any critical concerns they might have about our business. Interested parties may communicate with the Lead Independent Director or any other Non-management Director by sending an email to non-managementdirectors@owenscorning.com. All such communications are promptly reviewed for evaluation and appropriate follow-up by our General Counsel and/or our Vice President, Internal Audit. A summary of all communications is reported to the Non-management Directors. [...] In addition, stakeholders and other interested parties may communicate sustainability concerns with the Senior Vice President/Chief Sustainability Officer (CSO) via his email address, his assistant, our sustainability email address, or telephone. All business-appropriate inquiries are handled by the CSO directly, or they are passed on to Corporate Communications, Legal, or other company function for appropriate action or response. [...] Complaints regarding business conduct policies, corporate governance matters, accounting controls, or auditing are managed and reported in accordance with our existing Audit Committee Complaint Policy or Business Conduct Complaint Procedure, as appropriate."
"###### GOVERNMENT AFFAIRS

The Government Affairs strategy is to drive Owens Corning's growth strategy through targeted engagement with key government officials, regulatory bodies, and codes and standards organizations. This allows us to influence and advance business long-range strategic priorities from an enterprise-first perspective.

As part of our approach to advocacy, our Government Affairs team oversees our interactions with industry and trade associations, ensuring that our engagement is aligned with our mission, purpose, and values, including our climate policy. We regularly review language and activities with both the External Affairs and Sustainability departments, and we conduct legal reviews of external communications, including letters, testimony, and interactions with outside advocates or non-governmental organizations (NGOs).

The Government Affairs team develops advocacy strategies in partnership with businesses that align with our enterprise strategic priorities. We also work with external consultants at the state and federal level to develop targeted strategies. We are focused on lobbying and education in key areas of glass cullet and recycling, recycled asphalt and shingle recycling (RAS), and energy efficiency tax credits to promote home ownership. This includes advocating for building energy-efficient measures and improvements to building code development and adoption. Our efforts in this area can be seen in our education campaigns, code advocacy, attention to legislation, regulation, and "reach codes" related to building decarbonization.

**Corporate Political Advocacy**

Owens Corning incurs lobbying expenses directly through an internal registered lobbyist and four lobbying consultants, as well as indirectly through trade associations who lobby on behalf of their member companies. We are currently evaluating best practices to ensure that our lobbying is aligned with our climate aspirations.

Our political advocacy objectives support initiatives and global public policies that align with our core principles and strategic business objectives. These include but are not limited to the following:

� Government actions to address climate change

� Measures to increase the energy efficiency of buildings

� Efforts that drive the development and adoption of building energy codes

We also work in conjunction with the National Association of Manufacturers, the Business Roundtable, and similar industry organizations to advocate for affordable housing.

business. Our CEO and Board of Directors have oversight of our progress toward our climate and sustainability goals. Our Board reviews our Sustainability program at least annually, and receives periodic updates on relevant environmental impacts, health and safety metrics and activities, and all our long-term sustainability goals. Our Board and Committees also have risk oversight related to impacts from Environment, Health and Safety, including climate change, and the mitigation plans the company has in place. [...] Owens Corning's approach to the global climate challenge is rooted in our belief that the solution requires action from all levels of society, including the private sector and Owens Corning specifically. We are driving action to address this challenge through our sustainability governance structure and our efforts to reduce our energy and environmental footprint, and by actively participating in the international and national discourse and policy discussions concerning climate change. Our contribution extends to the products we offer society and our ability to innovate and develop practical and affordable solutions.

During the Biden administration, OC has been collaborating with Trade Associations and NGOs, primarily through the North American Insulation Manufacturers' Association (NAIMA), to ask the administration to update energy code standards to the 2021 IECC for FHA, VA, and USDA mortgages. [...] Lobbying and interest representation was $564,390 in 2021, and spending with trade associations and tax-exempt groups was around $2.635 million, for a total of $3.2 million spent to realize advocacy efforts."
"From the standpoint of engaging with policy makers, our Government Affairs team controls all aspects of our communications and ensures that these activities are completely aligned with our climate policy. We regularly review language and activities with both external affairs and sustainability and conduct legal reviews of all external communications including letters, testimony and activities with outside advocates or NGOs. Owens Corning's political advocacy objectives are to support initiatives which align with the company's core principles, including advocating for energy efficiency measures and contemporary building code development and adoption. We also work in conjunction with the National Association of Manufacturers and the Business Roundtable to advocate for affordable housing and other social justice concerns. In 2021, Energy Efficiency accounted for around $280,000 worth of related expense, and Building Codes accounted for around $140,000, with some overlap of spending between these areas.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Our climate policy is stated on our sustainability website and is clearly in favor of reducing energy use and greenhouse gas emissions. Our policy work and engagement with trade groups is focused on these same goals, to help make it easy for consumers and industry professionals to employ energy efficiency and renewable energy practices in conjunction with Owens Corning or using Owens Corning's expertise and products. In addition, "expanding our impact through sustainability† is a company value. The Owens Corning company values underpin our company operations, and all decisions are made through the lens of our corporate values, including sustainability.

From the standpoint of engaging with policy makers, our Government Affairs team controls all aspects of our communications and ensures that these activities are completely aligned with our climate policy. We regularly review language and activities with both external affairs and sustainability and conduct legal reviews of all external communications including letters, testimony and activities with outside advocates or NGOs. Owens Corning's political advocacy objectives are to support initiatives which align with the company's core principles, including advocating for energy efficiency measures and contemporary building code development and adoption. We also work in conjunction with the National Association of Manufacturers and the Business Roundtable to advocate for affordable housing and other social justice concerns. In 2021, Energy Efficiency accounted for around $280,000 worth of related expense, and Building Codes accounted for around $140,000, with some overlap of spending between these areas.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes