Slide 1: ESG Update
Ziff . LAVIS ESG Update March 31, 2022
Slide 2: Safe Harbor for Forward Looking Statements
Safe Harbor for Forward Looking Statements The information covered by the report contains forward-looking statements Industry, Market and Other Data within the meaning of the Private Securities Litigation Reform Act of 1995, Certain information contained in this report concerning our industry and in
Slide 3: Introduction
Introduction ● Darrah Feldman, Vice President of Sustainability & Responsibility ● First position of its kind at Ziff Davis ● Reports directly to CEO Vivek Shah ● Joined the company in June 2021 ● 20+ years of corporate social responsibility, social impact and marketing experience 3
Slide 4: 2021 Highlights
2021 Highlights Ziff Davis’ inaugural Environmental, Social & Governance Report Released Environmental Social Governance ● Completed our first ● Ziff Davis named a “Best ● Our Board is increasingly GHG inventory Place to Work for LGBTQ+ diverse with seven covering 2019, 2020 Equality” by HRC members, o
Slide 5: ESG at Ziff Davis
ESG at Ziff Davis ● ESG ties into every aspect of our company, and is a priority for all of our key stakeholders ● As such, to inform our ESG Report, we completed our first materiality assessment: ○ Examined our key stakeholders and industry peers ○ Topics included the GRI Standards Topics and SASB Ac
Slide 6: Ziff Davis Materiality Matrix
Ziff Davis Materiality Matrix The materiality matrix shows the relative weight of the nine non-financial topics from two perspectives. The X axis shows each topic’s importance to external stakeholders, while the Y axis shows each topic’s importance to industry participants. 6
Slide 7: The Materiality Matrix Mirrors Our Five Pillars of Purpose
The Materiality Matrix Mirrors Our Five Pillars of Purpose Diversity, Equity & Environmental Community Data Privacy & Governance Inclusion Sustainability Security Reinforce our diverse Reduce our Support our Protect our data and Represent shareholders’ workforce, reflect our environmental footprint e
Slide 8: DEI: A Priority Where We Are Making Headway
DEI: A Priority Where We Are Making Headway* ● Annual Diversity Report to be published shortly ● Workforce Representation ○ 47% women in 2021 vs. 44% in 2020 ○ 33% are people of color in 2021 vs. 32% in 2020 ○ Increased percentage of Black and Asian employees YoY ● Senior Leadership ○ 34% women in 2
Slide 9: DEI: Company-Wide Initiatives
DEI: Company-Wide Initiatives ● Five executive-sponsored Employee Resource Groups offer increased opportunities for networking, learning and development, and access to senior leadership for identity groups ● Employee-led Diversity Council develops recommendations for the company ● DEI targets added a
Slide 10: DEI: Employee Engagement and Recognition
DEI: Employee Engagement and Recognition ● Completed our first annual Global Employee Engagement Survey, with 81% of our employees confident in the company’s culture and environment ● Received a 100 on the Human Rights Campaign (HRC) Foundation’s most recent Corporate Equality Index, naming Ziff Davis
Slide 11: Environmental Sustainability: Measuring our GHG Emissions
Environmental Sustainability: Measuring our GHG Emissions ● Our Greenhouse Gas (GHG) inventory* measured our carbon emissions from 2019, 2020, and 2021 ● The comprehensive inventory measured our Scope 1, 2, and 3 emissions ● The results indicate that the vast majority of our emissions come from Scop
Slide 12: Environmental Sustainability: Measuring our GHG Emissions
Environmental Sustainability: Measuring our GHG Emissions ● Our Scope 1 & 2 emissions (mostly operational emissions) decreased by 34% over the last three years ● The decrease was largely a function of reducing our office square footage overall, combined with the fact that our offices weren’t utilized as
Slide 13: Environmental Sustainability: Measuring our GHG Emissions
Environmental Sustainability: Measuring our GHG Emissions ● The majority of our Scope 3 emissions come from our supply chain (Categories 1 & 2), which is typical ● Ziff Davis included all material Scope 3 categories in our inventory, and is virtually the only one of our peers to do so at this point 1
Slide 14: Community: Supporting Communities Through Philanthropy
Community: Supporting Communities Through Philanthropy Humble Bundle donates a portion of proceeds from transactions to charity. In 2021, the community helped raise more than $13 million in support of 15,000 charities championing diverse causes. The Ookla for Good initiative provides its services fr
Slide 15: Community: Leveraging Our Platforms for Implementing Change
Community: Leveraging Our Platforms for Implementing Change $6M NAACP Partnership Ziff Davis launched a $6M media partnership with NAACP to run its campaigns across our brand sites for three years. $1M Black Game Developer Fund Humble Bundle launched the Fund to elevate diverse voices in the game ind
Slide 16: Community: Empowering Employees and our Communities
Community: Empowering Employees and our Communities ● Launched ReStart, a 16-week paid program open to candidates who have paused work for two or more years to support their loved ones, obtain grad degrees or fulfill personal obligations ● Rolled out Global Mentorship Program, a global one-to-one pro
Slide 17: Data Privacy and Security
Data Privacy and Security ● Committed to leading data protection practices, and have adopted significant governance measures, corporate policies and operating procedures ● Implemented organization-wide measures to regularly monitor core systems, sites and applications for potential vulnerabilities ●
Slide 18: Governance: Ensuring a Culture of Ethics
Governance: Ensuring a Culture of Ethics ● Comprehensive corporate governance policies and structures foster accountability and transparency for our Board of Directors and management team ● Committed to maintaining the highest standards of ethics and integrity and to operating our business in compli
Slide 19: Next Steps
Next Steps ● Continue to work toward further alignment with the major ESG reporting standards ○ This year’s report aligned with the all GRI core disclosures ○ We will work toward additional alignment with SASB and TCFD disclosures ● Continue to close the gap with ESG ratings agencies ○ Sustainalytic
Slide 20: In Conclusion
In Conclusion ● Learn more in our 2021 Environmental, Social and Governance Report ● Email any questions to sustainability@ziffdavis.com 20
Slide 21: Thank You
Ziff . Davis Thank You 21
Slide 22: Appendix
Ziff . Davis Appendix 22
Slide 23: DEI: Top-Tier Employee Benefits
DEI: Top-Tier Employee Benefits ● The company offers comprehensive health insurance with up to five choices in medical plans ● All full-time employees have generous parental leave policies ● Family planning is supported by Maven, which provides around-the-clock support at every stage of the journey ● W
Slide 24: Environmental Sustainability: Engagement at All Levels
Environmental Sustainability: Engagement at All Levels ● Sustainability Committee meets monthly, and counts ~65 employees across all divisions as members ● Partnered with nonprofit Human-I-T and Starry Connect to donate our gently used devices to people in public and affordable housing ● Incorporating