This is Pentland Brands’ fourth annual Positive Business report, evaluating improvements made during the period January 2022 - December 2022 and 01 CEO’s message 3 our plans for 2023 and beyond. It evaluates our progress against core metrics set out by the World Economic Forum’s International Business Council. It was 02 About 4 approved by the Pentland Brands Executive team on 27/04/23. Our previous Positive Business reports can be viewed here. 03 Highlights 5 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 04 Brands 6 @pentland.com 05 Governance 14 06 People 18 07 Planet 26 08 Prosperity 38 09 Next steps 41