01 CEOs message 3 02 About 4 03 Highlights 5 04 Brands 6 05 Governance 14 06 People 18 07 Planet 26 08 Prosperity 38 09 Next steps 41 This is Pentland Brands fourth annual Positive Business report, evaluating improvements made during the period January 2022 - December 2022 and our plans for 2023 and beyond. It evaluates our progress against core metrics set out by the World Economic Forums International Business Council. It was approved by the Pentland Brands Executive team on 27/04/23. Our previous Positive Business reports can be viewed here. We welcome your feedback on how we can improve our policies and approach to corporate responsibility. To get in touch, email us on corporate.responsibility @pentland.com