The J.m. Smucker Company · NYSE:SJM
The J.m. Smucker — Investor Day (December 2022)
21 slides from The J.m. Smucker's investor day presentation, Dec 14, 2022
Slide 1: Investor Day 2022
INVESTOR DAY 2022
Slide 2: ESG | Environmental & Governance
ESG | Environmental & Governance JEANNETTE KNUDSEN Chief Legal Officer and Secretary
Slide 3: ESG Evolution at Smucker
ESG EVOLUTION AT SMUCKER ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 2 CORPORATE ENVIRONMENTAL GOVERNANCE ACTIVITIES • Enhanced Board Succession Process • Dedicated Organizational Structure • Increased Board of Director Diversity • Integrated Sustainability Practices • Shareholder-Friendly Governance •
Slide 4: Corporate Governance
CORPORATE GOVERNANCE 4
Slide 5: Board of Directors Succession Planning & Committee Rotations
BOARD OF SUCCESSION DIRECTORS PLANNING & • Focused on meeting shareholder expectations COMMITTEE • Consider skills of individual ROTATIONS Directors • Overall Board expertise designed to meet strategic objectives 5
Slide 6: Board Diversity
BOARD DIVERSITY STRIVE TO CREATE DIVERSITY IN MANY WAYS ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ Wide Range of Different Added 5 Directors Balanced Tenure Diverse Committee Experiences Perspectives Since 2017 of Directors Chair Leaders 6
Slide 7: Our Board of Directors
OUR BOARD OF DIRECTORS SUSAN CHAPMAN-HUGHES PAUL DOLAN JAY HENDERSON JONATHAN JOHNSON III Executive Compensation Committee Chair Chairman and Chief Executive Officer Retired Vice Chairman, Client Service Chief Executive Officer Former EVP, Global Head of Digital Capabilities, Cleveland Guardians Pri
Slide 8: Evolved Governance Practices
EVOLVED GOVERNANCE PRACTICES Implemented Eliminated Proxy Access Poison Pill Removed Annual Director Tenured Voting Elections 8
Slide 9: Ethics & Compliance
ETHICS & COMPLIANCE • Continue to improve and evolve our practices • Ensure legal compliance and equitable support of our employees 9
Slide 10: Environmental Activities
ENVIRONMENTAL ACTIVITIES
Slide 11: ESG Governance Council
ESG GOVERNANCE COUNCIL EXECUTIVE SPONSORSHIP HUMAN LEGAL RESOURCES SUSTAINABILITY MARKETING & CONSUMER EXP INVESTOR FINANCE RELATIONS REPORTING ROLE COMMUNICATIONS COMPLIANCE PROCUREMENT 11
Slide 12: Prioritizing Our ESG Efforts
PRIORITIZING OUR ESG EFFORTS ESG ISSUES CRITICAL SIGNIFICANT IMPORTANT ASSESSMENT • Food Safety & Quality • Risk & Crisis Management • Farmer Livelihoods • Inclusion, Diversity & Equity • Community Involvement • Health & Nutrition • Corporate Governance & Ethics • Food Access • Sustainable Agricultu
Slide 13: Supply Chain Sustainability
SUPPLY CHAIN SUSTAINABILITY Communicating Ensure Humane Expanding our Global Expectations for Treatment of Animals Responsible Sourcing Responsible Practices in our Supply Chain Program ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ Proud of our continued o
Slide 14: World Coffee Research
WORLD COFFEE RESEARCH Smucker is a founding member Leveraging science to support supply chain sustainability Launched a global network to address environmental concerns 14
Slide 15: Environmental Stewardship
ENVIRONMENTAL STEWARDSHIP OUR FOCUS Renewable Energy Energy Efficiency Water Landfill Efficiency Avoidance 15
Slide 16: jmsmucker.com/our-impact
jmsmucker.com/our-impact 16
Slide 17: Our Sustainability Team
OUR SUSTAINABILITY TEAM Sensitivity Panels & Input Sessions 17
Slide 18: Visit Our Corporate Website
For more details VISIT OUR CORPORATE WEBSITE jmsmucker.com/our-impact 18
Slide 19: ESG at Smucker
ESG at Smucker ENVIRONMENTAL Climate Impact & GHG Reduction Waste Management Land Use & Water Stewardship Packaging & Recycling Energy Efficiency Biodiversity and Ecological Impacts rd 4 THE J.M. SMUCKER Co ESG Framework and Key Topics
Slide 20: Investor Day 2022
INVESTOR DAY 2022
Slide 21: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements, such as projected net sales, operating results, earnings, and cash flows that are subject to risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by thos
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