Woolworths Group LtdASX: WOW

Sustainability Plan 2025 4.0

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Sustainability Plan 2025

Our program of positive change for

our people, our planet and our products.

Acknowledgement of Country

Woolworths Group acknowledges the many Traditional Owners of the lands on which we operate, and pay our respects to their Elders past and present. We recognise their strengths and enduring connection to lands, waters and skies as the Custodians of the oldest continuing cultures on the planet.

We remain committed to actively contributing to Australia's reconciliation journey through listening and learning, empowering more diverse voices and working together for a better tomorrow.

"A Brave Heart for a Better Tomorrow" artwork by David Williams of Gilimbaa. To read about the story of this artwork scan

An introduction from our Chair Scott and our CEO Brad

Welcome to 'Working together to create a better tomorrow', the Woolworths Group Sustainability Plan 2025.

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Sustainability Plan 2025

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If there is one word that sums up our Sustainability Plan 2025, it's 'better'.

Better for our team members, our partners, customers and our suppliers.

Better for the planet that we call home. And better in finding the most ethical ways to do business.

We've been on our sustainability journey for many years now, and the results of our actions are starting to show.

In areas where we've fallen short, we are learning from our experiences and working hard to improve them, because we have more responsibility than ever to get it right.

Our customers want positive change and they are counting on us to make it happen, from eliminating waste to reducing the plastic packaging that pollutes our oceans.

In short, we're all looking to do the right thing.

Our Sustainability Plan 2025 is ambitious, but we're confident we can achieve our goals if we all get on board and lift the bar together. That's what we mean by working together to create a better tomorrow, and tomorrow starts now.

This plan was launched in 2020 by our then Chair Gordon Cairns and CEO Brad Banducci. Effective October 2022, Gordon retired as chair with Scott Perkins announced as his successor.

INTRODUCTION

CONTENTS

GUIDING PRINCIPLES

SUSTAINABILITY TREE

PEOPLE

PLANET

PRODUCT

Contents

This plan covers our 5 guiding principles and shows how we turn these into specific goals and detailed commitments that we aim to achieve by 2025.

UN 2030 Sustainable Development Goals (SDGs)

The 17 global goals set by the United Nations in 2015 define sustainable development priorities and aspirations for the planet. They seek to mobilise global efforts around a common set of goals and targets. We believe that the business community has a role to play in progressing these important issues and we have aligned our goals with the relevant SDGs. Find these throughout this document.

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Sustainability Plan 2025

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Guiding principles

Page 5

An introduction to the 5 guiding principles that underpin

our plan for a better tomorrow.

Sustainability Tree™

Page 7

An overview of how all the parts of our Sustainability

Plan 2025 fit together.

People

Page 9

A look at why our teams, partners and communities

are so important to us, with our goals and commitments.

Planet

Page 14

The planet that we all call home needs our help. Find out

about the goals and commitments we've put in place.

Product

Page 18

We are working to make our sourcing and our

partnerships more sustainable. Discover our goals

and commitments.

INTRODUCTION

CONTENTS

GUIDING PRINCIPLES

SUSTAINABILITY TREE

PEOPLE

PLANET

PRODUCT

Guiding Principles

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Sustainability Plan 2025

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Our guiding principles underpin our Sustainability Plan 2025 and guide our journey towards a better tomorrow for our team, our planet and the customers and communities we serve.

We believe they will also create long term value for our shareholders.

01

02

03

04

05

We act like a

We care for,

We have a

We apply

We embrace

leader and speak

and unlock

positive impact

circular thinking

the power of

up on issues

the potential of

on the planet

in everything

partnerships

that matter

our people

we do

to create

change

Turning guiding principles into goals and commitments

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Sustainability Plan 2025

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To turn guiding principles into action, we've broken them down into three distinct focus areas: People, Planet and Product.

Each comes with its own set of goals and commitments.

People Planet Product

Building a better tomorrow for our people means demonstrating our care, creating a great place for our teams to work and paving their way to a brighter future. It means letting people be their best self regardless of gender, age, ethnicity, faith, ability or sexual orientation.

It means supporting our communities, building partnerships and working hand in hand with our suppliers to make sure that workers in our supply chain are treated with respect.

Building a better tomorrow for our planet means repairing and protecting the world we live in for future generations.

It means going further than just limiting negative impacts; it means actively finding ways to create positive benefits.

Building a better tomorrow through our products means evolving the way we do business to embrace circular thinking - which means all waste is a resource.

It means making it easy for our customers to choose products that are healthier, sustainably sourced and responsibly packaged.

INTRODUCTION

CONTENTS

GUIDING PRINCIPLES

SUSTAINABILITY TREE

PEOPLE

PLANET

PRODUCT

Sustainability TreeTM

Trees support and sustain life on our planet. They give us oxygen, absorb and store carbon dioxide emissions, stabilise the soil and provide shelter.

Our own Sustainability Tree™ represents our plan for a better tomorrow. It takes root in our goals, grows tall and strong with the seeds of commitment that we plant today and is nurtured by our guiding principles.

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Sustainability Plan 2025

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Sustainability TreeTM

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Sustainability Plan 2025

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Our sustainability plan on a page

01

We act like a leader and speak up on issues that matter

Goal 1

02

03

04

05

We care for, and

We have a

We apply circular

We embrace

unlock the potential

positive impact

thinking in

the power of

of our people

on the planet

everything we do

partnerships to

create change

People Planet Product

Be a truly

inclusive

Goal 5

workplace

Lead the responsible

retailing of alcohol and

Goal 5

tobacco

Goal 2

Goal 4

Have a positive

Goal 4

Invest in the

impact on our

Practise

Lead the future

holistic wellbeing

customers and

responsible

of protein

Goal 1

of our team

communities

Powered by

stewardship of

natural

Goal 1

Goal 3

Goal 4

green

resources

Activate ethical

electricity

Make health

Own Brand

Goal 3

easier for all

sourcing

Create

and mutually

Australians and

is sustainable

beneficial

Goal 3

meaningful

partnerships

Goal 2

New Zealanders

Net positive

Goal 2

retail careers for

through the

Reducing

today and

whole value

hunger and

carbon

Our packaging

tomorrow

chain

food waste

emissions

is sustainable

Our goals are underpinned by 40 commitments

People

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Sustainability Plan 2025

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People

Overview

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Sustainability Plan 2025

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Unlocking our full potential through a philosophy of care.

An important part of building a better tomorrow is to invest in the wellbeing and progress of our team so that every individual has an equal opportunity to succeed.

We know that people are happier and more fulfilled at work if they can be themselves. We want our team to feel safe and welcome whatever their gender, age, ethnicity, faith, ability or sexual orientation.

We will achieve a truly inclusive workplace if everybody embraces our vision, from the newest arrival to our most senior leaders. We value diversity and bringing an inclusive mindset to decision making. This is central to the culture we want to see across our business.

The care doesn't stop at what we can do for our team today. As our retail business moves at speed into a new era of technology and progress, we are determined not to leave anybody behind. We will make sure our teams feel comfortable with change and equip them with new skills so they can excel.

Customer and team safety has always been a primary focus, and this includes mental health. It's just as important as physical health, but often more difficult to spot. We want to create a culture where it's OK for our team to ask for help, and where the workplace is a safe and supportive environment. With the help of our partners we are putting programs in place to help our team to take care of themselves and each other.

Modern slavery is a growing global and systemic issue with the International Labour Organisation estimating 50 million people in situations of modern slavery, up from 40 million in 2016.

Our commitment for people extends beyond our own teams to include every worker in our global supply chain, particularly in respect of their human rights. We will work together with our suppliers to build a rights- respecting culture where modern slavery risks can be identified, managed and mitigated.

Closer to home, we're at the heart of all our communities. We are determined to make a positive impact across Australia and New Zealand by investing in local programs and expanding our work with S.T.A.N.D. to provide relief in times of natural disaster.

Sustainability is important to us and it is key that our partners and suppliers share similar values. It's only by working together through mutually beneficial partnerships that we can achieve our ambitions for a better tomorrow.

INTRODUCTIONCONTENTS

GUIDING PRINCIPLES

SUSTAINABILITY TREE

PEOPLE

PLANET

PRODUCT