Slide 1: Universal Display Corporation 2025 Corporate Responsibility Report
© 2026 Universal Display Corporation. All rights reserved. Issued on July 24, 2026.
Slide 2: Table of Contents
Table of Contents 3 Message from Our CEO 45 Our Carbon & Climate 5 Our Company 50 Our Environment, Health & Safety 14 Our People 59 Our Performance 27 Our Community 65 GRI Index 32 Our Supply Chain 81 SASB Index 42 Our Certified Management Systems 85 About Our Report 2
Slide 3: A Message From Our CEO
Dear Stakeholders, 2025, all key OLED raw materials suppliers completed our Global Supplier Code of Conduct certification and supplier sustainability At Universal Display Corporation, innovation has long shaped A Message From assessment process, reinforcing our focus on working with both what we cre
Slide 4: 2025 Report Highlights
2025 Report Highlights Supporting Our Teams Carbon & Climate Supplier Engagement 2025 Employee Engagement Survey: Completed a comprehensive 100% of key OLED raw materials climate risk assessment suppliers completed the annual Global • 84% survey participation Supplier Code of Conduct certification •
Slide 5: Our Company
Our Company 5
Slide 6: Universal Display Corporation (UDC)
Universal Display Corporation (UDC) OLED Pioneer with 30 years of Nasdaq: OLED Innovation, Expertise and Industry At UDC, our global teams advance energy-efficient OLED Leadership technologies and materials that enable brilliant, more sustainable displays. Used in billions of devices worldwide, Lead
Slide 7: UDC: Strong Corporate Citizen
UDC: Strong Corporate Citizen UDC’s Energy-Efficient Diverse & Inclusive Workplace Diverse Board of Directors Phosphorescent Materials UDC’s OLED emissive layer materials Geographic: from over 25 countries 45% female and 55% male2 save energy Gender: 23% female and 77% male1 Named a 2025 Champion of
Slide 8: UDC Fast Facts
UDC Fast Facts Our Mission Creating a vision for what can be possible, driving innovation into commercial reality. Leading Global OLED Innovation Company Founded: 1994 Revenue: $651 million (CY 2025) Corporate Headquarters: Ewing, NJ, U.S. Full-Time Employees: 4681 Subsidiaries: UDC, Inc.; UDC Irela
Slide 9: Our Global Presence
Our Global Presence UDC is headquartered in Ewing, NJ, with offices around the world. Our proprietary UniversalPHOLED® materials are manufactured by our foundry partner, PPG, at their Monroeville, PA and Barberton, OH facilities, as well as at UDC’s Shannon, Ireland site, which is also operated by P
Slide 10: UniversalPHOLED Energy Efficiency Innovation
UniversalPHOLED® Energy Efficiency Innovation 800 Smartphone Display Power Consumption 600 Current performance (2026) Red & green PHOLED w/ fluorescent blue Power (mW) 400 ~77% Energy consumption compared to 2015 Projected additional performance improvement Full red, green & blue PHOLED vs. Prior de
Slide 11: Design for Environment
Design for Environmental Processing & Manufacturing Our processes are designed for: Environment • Minimizing waste, hazardous byproducts, and emissions • Protecting our workers and environment • Recycling and reuse Environmental Packaging UDC strives to use environmentally responsible packaging mate
Slide 12: Strong, Broad & Deep Patent Portfolio
Strong, Broad & Deep Patent Portfolio RGB • We develop and license enabling technologies Phosphorescent OLEDs that are at the heart of consumer OLED products Dry Printed (PHOLEDs) OLEDs Plasmonic worldwide, from AR/VR, smartwatches, (OVJP) OLED smartphones, IT (tablets, laptops, monitors), automotiv
Slide 13: Investing in Continuous Innovation
Investing in Continuous Innovation At Universal Display Corporation, innovation drives our efforts to develop technologies and materials that help enable more energy-efficient displays and lighting products. By investing in research, collaboration, technical capabilities, and advanced computational
Slide 14: Our People
Our People Our People 14
Slide 15: About Our Workplace
About Our Workplace At UDC, our talented employees are central to the Company’s continued success. Their expertise, collaboration, and commitment to excellence support our innovation, operations, and long-term growth. UDC has a truly diverse — both geographically and culturally — global team: • 468
Slide 16: Our Commitment to Diversity and Inclusion
Our Commitment to Diversity and Inclusion We foster a culture where all employees feel valued and empowered. We value and respect one another for our differences at all levels. We believe a diverse workforce where people have different ideas, strengths, interests and cultural backgrounds drives empl
Slide 17: About Our Workforce
About Our Workforce Universal Display Corporation Employees 2023 2024 2025 Global Employees (Full-Time) 455 465 468 Employees in the U.S. 408 411 388 % Employees in U.S. 90% 88% 83% % Employees Outside the U.S. 10% 12% 17% % Female Employees (Global) 22% 22% 23% % Male Employees (Global) 78% 78% 77%
Slide 18: About Our Workforce
About Our Workforce Growing Headcount in a Growing Company 2023 2024 2025 Global Employees (Full-Time) 455 465 468 2025 Employees by Age Group (Global) Turnover Rate 8.9% 5.6% 4.9% 10% Y/Y Growth Rate (Full-Time) 2.7% 2.2% 0.7% 28% 30 & Younger EEOC Categories (U.S. Employees) 2023 2024 2025 31-50 %
Slide 19: Commitment to Ethics and Compliance
Commitment to Ethics and Compliance • Business Ethics: We strive to maintain the highest standards of corporate governance and ethics and to operate in compliance with all applicable laws wherever we work. • Code of Ethics and Business Conduct Policy: We require employees to acknowledge the terms of
Slide 20: Commitment to Ethics and Compliance
Commitment to Ethics and Compliance • Employee Safety: Our priority is the safety of every employee. • Employee Livelihood: We provide a rewarding and meaningful livelihood to our employees. • Workplace Environment: We are committed to providing a workplace where everyone is treated with respect and
Slide 21: Rewarding Our People
Rewarding Our People Competitive Compensation and Benefits 2025 Pay Increases & Bonuses: • UDC's success depends on attracting and retaining an All eligible employees receive an annual base engaged workforce salary increase. These annual adjustments are • We offer all our employees a comprehensive b
Slide 22: Rewarding Our People
Rewarding Our People Financial Benefits Flexible Spending Account / Health Savings Account UDC-provided short- & long-term disability Group term life insurance 401(k) plan with an automatic 3% non-elective Company contribution for all eligible employees Employee Stock Purchase Plan (ESPP): All eligi
Slide 23: Rewarding Our People
Rewarding Our People Health and Wellness • Health Insurance: Medical/Prescription Drug Coverage, Dental, and Vision for employees and families • Health and Dependent Care Flexible Spending Accounts (FSAs) • Health Savings Accounts (HSAs) for eligible employees enrolled in high-deductible health plan
Slide 24: Investing in Our Team
Investing in Our Team UDC supports initiatives that advance employee training and development, foster a safe and healthy workplace, and encourage continuous improvement and innovation. Together, these efforts create an environment where our employees can thrive, contribute new ideas, and help shape
Slide 25: Investing in Our Team
Investing in Our Team Employee Development At UDC, we strive to foster a culture of continuous learning and professional growth where employees are encouraged to take ownership of their development and career advancement. Our learning and development programs provide a range of tools and resources t
Slide 26: Engaging Our Workforce
Engaging Our Workforce As UDC continues to grow, we invest heavily to train, develop and expand our team. We listen, too, so that we can improve and continue to build and sustain a productive, diverse and thriving workforce. Communication is Critical At UDC, open and transparent communication is fou
Slide 27: Our Community
Our People Our Community 27
Slide 28: Community: Inspiring Future Innovation
Community: Inspiring Future Innovation As a leader in the OLED ecosystem, UDC supports scientific advancement, educational opportunities, and professional development initiatives that help inspire today's researchers and tomorrow's innovators. Inaugural Sherwin I. Seligsohn Innovation Award In 2025,
Slide 29: Community: Inspiring the Next Generation
Community: Inspiring the Next Generation Local Schools In 2025, UDC donated $25,000 as part of a four-year commitment to support the construction of two science labs at the newly designed Paul Robeson Charter School in Trenton, NJ. UDC also continued its PHOLED scholarship program, supporting Ewing
Slide 30: Community: Supporting Local Communities
Community: Supporting Local Communities Local Communities Community engagement is an important part of who we are. UDC supports local organizations and programs that expand access to education, encourage STEM learning, and address community needs. To mark 25 years of collaboration with our exclusive
Slide 31: Fostering Community Outreach
Fostering Community Outreach UDC seeks to make a positive impact in the communities where we live and work through investments in STEM education, scientific advancement, charitable giving, and employee volunteerism. Select Community Donation Highlights Leadership Delaware: $15,000 Smith Family Found
Slide 32: Our Supply Chain
Our People Our Supply Chain 32
Slide 33: Our Supply Chain
Our Supply Chain Raw Materials Supply PPG Manufacturing UDC Qualification UDC Delivery - Managed by UDC and PPG - Exclusive supplier to UDC - 100% quality testing - Supply to world-class OLED - Rigorous sourcing practices, - Excellent ESG programs & values - EcoVadis Bronze rating display manufactur
Slide 34: Our Core Goals
Our Core Goals Our Core Goals • Deliver consistently high-quality commercial and development products, manufactured by PPG, to our customers cost-effectively, on-time, every time in an environmentally and socially responsible manner • Meet or exceed customer expectations for delivery and support • O
Slide 35: UDC's Global Supplier Code of Conduct
UDC’s Global Supplier Code of Conduct • Comply with all applicable laws, rules and regulations of suppliers’ countries of operation, including, but not limited to, all applicable trade agreements, antitrust and fair competition, anti-corruption, employment, working time, health and safety, collectiv
Slide 36: UDC's Global Supplier Engagement
UDC’s Global Supplier Engagement UDC continues to enhance supplier oversight through an annual Code of Conduct certification process and a supplier survey covering key areas, including EHS, social responsibility, product development, manufacturing, information security, and finance. 100% of UDC’s ke
Slide 37: UDC-PPG Shared Business Values
UDC-PPG Shared Business Values We are proud to work with PPG, our foundry partner of 25 years. PPG has a robust value system that aligns closely with UDC’s. UDC and PPG share the following values: • Operate safe, healthful workplaces that value inclusion, promote teamwork and reward performance • Co
Slide 38: PPG: Leader in Business and Sustainability
PPG: Leader in Business and Sustainability PPG has earned the following recognitions and awards, reinforcing and encouraging its commitment to industry-leading business and sustainability practices: • #2 in the Chemicals Industry on the 2026 Fortune World’s Most Admired Companies list, its 18th cons
Slide 39: UDC's Conflict Minerals Policy
UDC’s Conflict Minerals Policy UDC is committed to responsible and ethical business practices, as expressed in our Code of Ethics & Business Conduct. This includes: • Working to ensure that our products do not contain, and are not made using, “Conflict Minerals” as defined by Section 1502 of the Dod
Slide 40: RoHS Compliance
RoHS Compliance The European Union’s (EU) Restriction of Hazardous Substances (RoHS) Directive seeks to reduce the negative impact of electrical and electronic equipment (EEE) upon environmental and human health. The substances targeted by this Directive include those with the potential to compromis
Slide 41: Hazardous Materials and Chemical Stewardship Policy
Hazardous Materials and Chemical Stewardship Policy Universal Display Corporation’s Hazardous Materials and Chemical Stewardship Policy, adopted in 2026, states that the Company maintains an approach to the responsible management of hazardous materials and chemical substances. We recognize that mate
Slide 42: Our Certified Management Systems
Our OurCertified People Management Systems 42
Slide 43: ISO Certifications by UDC Location
ISO Certifications by UDC Location UDC’s Chemical Business Operations at: Ewing, NJ, USA Ewing, NJ, USA Shannon & Ballycoolin, Ireland Pangyo, Korea Adesis, Inc.: New Castle & Wilmington, DE, USA Ewing, NJ, USA 43
Slide 44: Integrated Management Policy
Integrated Management Policy Our Integrated Management Policy states UDC’s commitment to our varied stakeholders to provide quality products and services, reduce our environmental impacts and strengthen our environmental, health and safety performance: Provide high-quality, energy-efficient and envi
Slide 45: Our Carbon & Climate
Our People Our Carbon & Climate 45
Slide 46: Phosphorescent OLED Carbon Savings
Phosphorescent OLED Carbon Savings Calculated assumptions There are at least 2 billion active OLED smartphones using UDC’s PHOLED materials and technology in the world today and, assuming: Average luminance at 600 Average use is 4 hours per day Power savings is 30% over LCD nits with 50% pixels on P
Slide 47: Climate Change Policy Overview
Climate Change Policy Overview UDC acknowledges the potentially harmful impact of climate change and recognizes that climate-related factors may impact businesses, supply chains, employees, customers, and communities. UDC’s Climate Change Policy outlines a governance-led, operationally focused appro
Slide 48: Climate Risk Assessment
Climate Risk Assessment UDC completed a Climate Risk Assessment of its operations covering: Climate Risks Assessed • 16 common climate-related risk categories Forest Fire / • Five global UDC locations (listed below) Heatwaves Blizzards Wind / Dust Smoke Impact • Potential impacts over a 50-year hori
Slide 49: Greenhouse Gas Emissions
Greenhouse Gas Emissions UDC records and tracks global data on our Greenhouse Gas (GHG) emissions. This data helps us further establish baselines, evaluate performance trends, and manage the impacts of our growth through thoughtful design that incorporates energy efficiency where practical. It also
Slide 50: Our Environment, Health & Safety
Our People Our Environment, Health & Safety 50
Slide 51: Commitment to EHS Excellence
Commitment to EHS Excellence Leadership commitment and engagement at all levels of our UDC team in all processes and programs is central to our success. This corporate commitment drives awareness and a culture throughout our Company and supply chain that quality, EHS, sustainability and social respo
Slide 52: Corporate EHS Principles
Corporate EHS Principles EHS principles are cascaded to each UDC location and subsidiary with specific, performance-based objectives: • Maintain regulatory compliance with all known requirements of applicable regulatory agencies and foster relationships in our community • Provide a safe and healthy
Slide 53: Maintaining a Safe Work Environment
Maintaining a Safe Work Environment UDC is committed to maintaining a safe and healthy workplace and prioritizing the prevention of injuries and occupational risks through the continuous Health and Safety Performance* 2023 2024 2025** enhancement of our safety programs. Key initiatives include: • Ou
Slide 54: Water Consumption and Wastewater
Water Consumption and Wastewater Water is an important natural resource for communities and the global economy. Although UDC's operations are not water- intensive, we seek to manage water resources responsibly by monitoring water consumption and wastewater discharge and identifying opportunities to
Slide 55: Waste Management
Waste Management UDC's Waste Management and Minimization Program supports the responsible handling, recycling, treatment, and disposal of hazardous and non-hazardous waste streams while seeking opportunities to reduce waste generation and environmental impacts. Through our chemical stewardship pract
Slide 56: Energy Consumption
Energy Consumption UDC continues to evaluate opportunities to Energy Performance* 2023 2024 2025** improve energy efficiency and manage the Total Energy Consumption, kWh (in millions) 18.8 20.8 24.0 carbon impact of its operations. In June 2023, Electricity consumption, kWh (in millions) 13.7 15.0 1
Slide 57: Cybersecurity
Cybersecurity UDC is committed to protecting the confidentiality, integrity, and availability of UDC information and information entrusted to our global employees, partners, and other stakeholders. We view cybersecurity as both a business enabler and business risk. In 2026, UDC published its Cyberse
Slide 58: Cybersecurity – How Data Is Protected
Cybersecurity – How Data Is Protected UDC’s cybersecurity program is built on layered safeguards designed to prevent unauthorized access, reduce attack possibilities, and limit the impact of disruptions: • Identity & Access Security: UDC implements access controls and authentication practices intend
Slide 59: Our Performance
Our People Our Performance 59
Slide 60: UDC's Stakeholder Engagement
UDC’s Stakeholder Engagement Stakeholder Engagement Details Open-Door Policy Weekly CEO Talks - Every Wednesday, during Company Lunch, President & CEO Steve Abramson provides an update on UDC, the OLED industry and employee milestones (e.g., weddings, births, birthdays). This talk is made available
Slide 61: UDC's ESG Governance Structure
UDC’s ESG Governance Structure Board of Directors Oversight Our Board of Directors oversees and Environmental & Technology & monitors our ESG strategy via reviews and Nominating & Corporate Human Investment Audit Social Responsibility Innovation periodic reports. Governance Committee Capital Committ
Slide 62: Company Overview & Data
Company Overview & Data Organization 2025 Board of Directors1 Name of Organization Universal Display Corporation (UDC) # Board of Directors (BoD) 11 Nasdaq Ticker OLED Number of Independent Directors 9 Location of Headquarters Ewing, New Jersey, USA BoD Composition by Gender (% female) 45% BoD Level
Slide 63: Our Financials
Our Financials Our Revenue ($ in millions) 2025 Financial Profile1 $648 $651 Total Revenue $651 M $617 $600 $576 % of Total Revenue By region (below) $554 South Korea 58.9% $500 China 36.6% $400 Japan 0.4% Other non-U.S. locations 0.3% $300 United States 3.8% $200 Operating Income $249 M $100 Net In
Slide 64: Responsible Operations & Compliance
Responsible Operations & Compliance 2023 2024 2025 Non-compliance with environmental laws and/or regulations resulting in a notice of violation 0 1* 0 Environmental fines, penalties & settlements ($) 0 $13,303* 0 Instances of labor standards non-compliance 0 0 0 Incidents of human rights violations
Slide 65: Global Reporting Initiative (GRI) Index
Global Reporting Initiative (GRI) Index Since 2024, UDC has published a Global Reporting Initiative (GRI) Content Index that maps relevant Company disclosures to GRI Standards, helping improve transparency and stakeholder access to ESG-related information. GRI 1 Used GRI 1: Foundation 2021 GRI Stand
Slide 66: GRI Index (continued)
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source Activities & Workers UDC is a world leader in the invention, research, development and commercialization of state-of-the-art OLED technologies and materials. 7,000+ pending and issued patents (as of June 30, 2026) 2-6 Acti
Slide 67: GRI Index (continued)
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source The primary responsibility of the Board is to exercise its business judgment to act in what it reasonably believes to be the best interests of the Company and its shareholders. In carrying out its responsibilities, the Boa
Slide 68: Strategy, Policies & Practices
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source Strategy, Policies & Practices 2-22 Statement on sustainable development strategy 2025 CSR Report—A Message from our CEO, pg. 3 2025 CSR Report—Resources, pg. 84 Climate Change Policy; Conflict Minerals Policy; Cybersecuri
Slide 69: GRI Index (continued)
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source Next Generation Lighting Industry Alliance (NGLIA); OLED Association; Organic Electronics Association 2-28 Membership associations (OE-A); Society for Information Display (SID) 2-29 Approach to stakeholder engagement 2025
Slide 70: GRI Index (continued)
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source In 2025, 100% of UDC senior management were hired from the local community. In addition, 100% of the highest level of management in each operating market are from the country in which they work: United States: 100% (senior
Slide 71: GRI 300: Environmental
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source GRI 300: Environmental GRI 302: Energy 2025 CSR Report—Our Carbon & Climate, pg. 45-49 2025 CSR Report—Commitment to EHS Excellence, pg. 51 3-3 Management of material topics 2025 CSR Report—Corporate EHS Principles, pg. 52
Slide 72: GRI 305: Emissions
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source GRI 305: Emissions 2025 CSR Report—Our Carbon & Climate, pg. 45-49 2025 CSR Report—Commitment to EHS Excellence, pg. 51 3-3 Management of material topics 2025 CSR Report—Corporate EHS Principles, pg. 52 2025 CSR Report—Ene
Slide 73: GRI 306: Waste
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source GRI 306: Waste 3-3 Management of material topics 2025 CSR Report—Waste Management, pg. 55 306-1 Waste generation and significant waste-related impacts 2025 CSR Report—Waste Management, pg. 55 306-2 Management of significan
Slide 74: GRI 400: Social
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source GRI 400: Social GRI 401: Employment 2025 CSR Report—About Our Workplace, pg. 15 2025 CSR Report—Our Commitment to Diversity and Inclusion, pg. 16 3-3 Management of material topics 2025 CSR Report—About Our Workforce, pg. 1
Slide 75: GRI Index (continued)
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source 2025 CSR Report—Integrated Management Policy, pg. 44 2025 CSR Report—Commitment to EHS Excellence, pg. 51 403-2 Hazard identification, risk assessment, and incident investigation 2025 CSR Report—Corporate EHS Principles, p
Slide 76: GRI 404: Training and Education
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source 2025 CSR Report—UDC’s Global Supplier Code of Conduct, pg. 35 2025 CSR Report—UDC’s Global Supplier Engagement, pg. 36 Prevention and mitigation of occupational health and safety impacts 2025 CSR Report—Maintaining a Safe
Slide 77: GRI 405: Diversity and Equal Opportunity
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source GRI 405: Diversity and Equal Opportunity Human Rights Policy 3-3 Management of material topics 2025 CSR Report—Our Commitment to Diversity and Inclusion, pg. 16 2025 CSR Report—Our Global Presence, pg. 9 2025 CSR Report—Ou
Slide 78: GRI 408: Child Labor; GRI 409: Forced Labor
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source GRI 408: Child Labor Global Supplier Code of Conduct 3-3 Management of material topics 2025 CSR Report—UDC’s Global Supplier Code of Conduct, pg. 35 2025 CSR Report—UDC’s Global Supplier Engagement, pg. 36 As stated in UDC
Slide 79: GRI 413, 415, 416
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source GRI 413: Local Communities 3-3 Management of material topics 2025 CSR Report—Our Community, pg. 27-31 Operations with local community engagement, impact assessments, and 413-1 2025 CSR Report—Our Community, pg. 27-31 devel
Slide 80: GRI 417: Marketing and Labeling; GRI 418: Customer Privacy
GRI Index (continued) GRI Standard/ Disclosure Location/Response Other Source GRI 417: Marketing and Labeling 3-3 Management of material topics Code of Ethics & Business Conduct Incidents of non-compliance concerning product and service information 417-2 0 and labeling 417-3 Incidents of non-complia
Slide 81: Sustainability Accounting Standards Board (SASB) Index
Sustainability Accounting Standards Board (SASB) Index In 2021, we began reporting in alignment with the Sustainability Accounting Standards Board (SASB) Standard for the Technology and Communications Sector: Semiconductor Industry. Topic Accounting Metric Code Report Location/Disclosure (1) Gross g
Slide 82: SASB Index (continued)
SASB Index (continued) Topic Accounting Metric Code Report Location/Disclosure (1) Amount of hazardous Waste Management waste from manufacturing, (2) TC-SC-150a.1 Pg. 55 - Waste Management percentage recycled Description of efforts to assess, Pg. 50-53 - Our Environment, Health monitor, and reduce e
Slide 83: SASB Index (continued)
SASB Index (continued) Topic Accounting Metric Code Report Location/Disclosure Percentage of products by This information is not tracked at revenue that contain IEC 62474 TC-SC-410a.1 this time. declarable substances Product Lifecycle Management Processor energy efficiency at a Not Applicable. UDC d
Slide 84: Resources
Resources The following are links to content contained on UDC’s public website www.oled.com that provide source and/or supplemental information to that which is contained in this CSR report: • Careers – Our Culture and Benefits • Quality Management & Environmental Health and Safety Systems • Supply
Slide 85: About Our Report
About Our Report Safe Harbor Statement This Corporate Social Responsibility Report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our environmental, social and governance, sustainability and climate-relat