Our Board of Directors (Board) represents our most senior governance body and is actively involved in the company's sustainability efforts. As of the date of publication of this report, Expeditors has nine directors sitting on the Board, of which 33% are female. Because diversity is part of our global culture, we believe that our Board should be comprised of directors with diverse backgrounds, experiences, and perspectives that will improve board decision-making and effectiveness. The Board is comprised of three committees – the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee (NCGC). Board committees share specific responsibilities for overseeing various aspects of our sustainability program. These responsibilities include reviewing climate-related matters and identifying industry trends and opportunities to advance the company's sustainability initiatives and reporting, among others. The Vice President, Associate General Counsel, who serves as our ESG Executive Sponsor, reports annually to the NCGC on company progress. [...] Oversight responsibilities for certain areas of risk are assigned to the Board's three standing committees and others are assigned to the full Board. The Board and its committees regularly discuss with management the Company's strategies, operations, compliance, policies, cybersecurity and inherent associated risks in order to assess appropriate levels of risk taking and steps taken to monitor, mitigate and control such exposures. [...] Expeditors' ESG Executive Sponsor develops our company-wide sustainability strategy in conjunction with the Executive Sponsors for each of the three pillars of our sustainability program. This cross-functional team includes several Vice Presidents and Senior Vice Presidents, reflecting broad, senior-level representation. Each pillar has a program manager who facilitates sustainability programs, empowers employees, measures and reports progress, responds to customer and investor inquiries, ensures employee compliance, and more. Senior executive management is also responsible for the assessment and day-to-day management of risk and bringing any material risks to the attention of our Board of Directors, who are responsible for overseeing the conduct of our business and monitoring significant enterprise risks.