Procter & Gamble Co/The

The Governance & Public Responsibility Committee (G&PR Committee) oversees the Company's strategies, work, and reporting related to its public responsibility, including: Š Overseeing the Company's community and government relations [...] Š Overseeing protection of the Company's corporate reputation and other matters of importance to the Company and its stakeholders [...] Š Recent Activities Š Reviewed and provided input to the Company's sourcing strategy for forest-related commodities and ongoing priorities Š Engaged with Company leaders and subject matter experts on the preparation of the Company's Climate Transition Action Plan Š Continued ongoing review of short-term and long-term Board refreshment needs and ideal candidate skill, experience, and background profiles Š ESG Focus Areas Š Sustainability goals—including those relating to climate, water, forestry, and packaging—and reviewing progress and interventions Š Human rights and responsible sourcing Š Community impact efforts Š ESG impact on corporate reputation

## Climate Policy Advocacy

All policy advocacy is coordinated through our Global Government Relations organization this ensures consistency and transparency in all policy related activities across business divisions and geographies. Internally, government relations does this by being an active member of our cross functional P&G Corporate Climate Council which plays a key role in our Climate Governance Process; knowing the details of our climate policies and positions, and consistently representing them with all external stakeholders they interact with, including policy makers and trade associations.

Consistent with our ambition to achieve net zero GHG emissions, we seek to align our policy positions with a 1.5\* Scenario. This does not mean we will support all climate related proposals that are advanced globally, but rather we assess each on a case by case basis to ensure the underlying policy mechanisms and proposals are relevant, robust, viable, holistic, and would contribute meaningful progress to reducing GHG emissions, For example, we support the advocacy efforts of the Climate Leadership Council which advocates for a comprehensive national policy on carbon emissions in the United States.

The trade associations of which we are members are aware of our policy positions. In all cases, any P&G position on a matter of public policy is the prevailing company position, irrespective of any trade association position. We are consistent in the positions we share with external stakeholders as well as in our trade association engagement – consistent with the core values of integrity and trust which are an integral part of our Company's Purpose, Values and Principles (PVPs). If an association's policy position is different than ours, we will engage the association in dialogue to discuss relevant discrepancies and encourage changes which would better align with our views.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]All policy advocacy is coordinated through our Global Government Relations organization and their role is to ensure consistency and transparency in all policy related activities. (For example Government Relations Sustainability owner directly represents P&G in the external 'Climate Leadership Council' which is advocating for the adoption of a carbon dividend policy in the United States. Internally, government relations does this by being an active member of our cross functional P&G Corporate Climate Council which plays a key role in our Climate Governance Process; knowing the details of our climate policies and positions, and consistently representing them with all external stakeholders they interact with, including policy makers and trade associations. All policy advocacy work is done through our Global Government Relations organization and the process used by our Global Government Relations team ensures a common approach to climate change engagement activities across business divisions and geographies

The trade associations of which we are members are aware of our policy positions. In all cases, any P&G position on a matter of public policy is the prevailing company position, irrespective of any trade association position. We are consistent in the positions we share with external stakeholders as well as in our trade association engagement. We view this as a matter of integrity, and we act in accordance with our Company's Purpose, Values and Principles (PVPs).

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

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]All policy advocacy is coordinated through our Global Government Relations organization ensuring consistency and transparency in all policy related activities. Internally, government relations does this by being an active member of our cross functional P&G Corporate Climate Council which plays a key role in our Climate Governance Process; knowing the details of our climate policies and positions, and consistently representing them with all external stakeholders they interact with, including policy makers and trade associations. All policy advocacy work is done through our Global Government Relations organization ensuring a common approach to climate change engagement activities across business divisions and geographies. Our Global Government Relations Organization ensures that our policy advocacy is consistent with our publicly stated objectives, goals, and positions.