2022
CITIZENSHIP
REPORT

We are committed to an equal, diverse and inclusive organization and culture; one which brings forth the best ideas and innovations needed to win with consumers and customers and for each other. We do this best when we have a pipeline of outstanding and diverse talent at every level and an environment that supports each of us in being our full and authentic selves. Externally, we support equality and inclusion efforts with our business partners and in our communities because it is not only the right thing to do, but because it also can improve income and wealth equity for more people, creating more purchasing power, which drives market growth.

The work we do in communities around the world to support people in difficult times is one of the most tangible ways we have immediate positive impact as a company. By providing clean water and donations of P&G products, time and financial resources to those in need, we help to improve lives. These actions, as well the rest of our Citizenship efforts, are also part of what employees are proud of and value in P&G, helping us attract and retain the best talent.

For 185 years, our foundation has been our Purpose, Values and Principles. They set a high standard for each P&G person and require that we hold ourselves and each other accountable for results and, equally important, for how we achieve those results. Last year, we added an ESG factor to our annual incentive compensation program for our senior executives as a demonstration of our commitment to near-term progress toward our long-term ESG goals. You can stay updated on our latest ESG data and reports via our portal at pginvestor.com.

In the ever more complex world we live in, it’s not just top- and bottom-line that must be balanced. We must endeavor to balance the needs of consumers, customers, employees, society and shareowners. Serving and balancing these needs will not be easy, but it is necessary — and those that do it best, as I expect we will, should thrive.