Sustainable Impact Report

1 Sustainable Impact Report20202 HP 2020 Sustainable Impact of contents3 Letter from our President and CEO 4 About HP6 Sustainable Impact7 Sustainable Impact strategy13 United Nations Sustainable Development Goals14 Recognition15 Stakeholder engagement16 Governance16 Materiality18 Footprint19 Carbon emissions and climate Impact 20 Water21 Data24 Integrity and human rights25 Ethics and anti-corruption25 Ethics 26 Anti-corruption27 Human rights30 Privacy32 Cybersecurity33 Government relations34 Supply chain responsibility35 Approach37 Labor38 Health and safety39 Responsible minerals sourcing41 Supplier diversity44 Environmental impact44 Greenhouse gas emissions46 Water46 Waste47 Performance monitoring and evaluation52 Data54 Operations55 Our employees55 Diversity, equity, and inclusion59 Employee engagement59 Employee development61 Compensation and benefits61 Health and safety62 Wellbeing63 Our facilities63 Environmental, health.

2 And safety management64 Greenhouse gas emissions 66 Water68 Waste69 Community giving and volunteerism69 HP Foundation programs71 Disaster recovery and resilience71 Employee volunteerism72 Data77 Products and solutions78 Advancing a circular and net zero carbon economy81 Keep products and materials in use86 Create a net zero carbon future88 Design out waste and use materials responsibly93 Regenerate natural systems 96 Product responsibility96 Product safety 97 Product security and privacy98 Social Impact 98 Global education programs102 Healthcare103 Inclusive design10 4 Products and solutions portfolio105 Personal systems107 Home and office printing solutions109 Large format printing110 Industrial graphics111 3D printing113 Data115 Appendix 116 About this report118 Policies and standards119 Independent accountants review report122 Material issues124 United Nations Global Compact index125 United Nations Sustainable Development Goals index126 Sustainability Accounting Standards Board index127 Task Force on Climate-related Financial Disclosures index128 WEF IBC Stakeholder Capitalism Metrics index129 Global Reporting Initiative index135 EndnotesSee the standalone HP 2020 Sustainable Impact Report Executive this Report , we , us , our , company , HP", and "HP Inc.

3 Refer to HP Inc. (formerly Hewlett-Packard Company) and its consolidated HP 2020 Sustainable Impact from our President and CEO20 YEARS OF SUSTAINABILITY REPORTING Twenty years ago, we released our first environmental and social Impact Report . We did so because HP was built on the idea that the purpose of a corporation extends far beyond profit. From our earliest days, we have believed that, by creating technology in the service of humanity, we can create the conditions for business and society to thrive hand in hand. With each passing year, we have deepened our commitment to this belief. As a result, we re a stronger company that is making a more Sustainable Impact on the world. But our work is far from finished. As we look to the next 10 years, it s clear we re entering one of the most consequential decades in modern business history. A global pandemic continues to cause hardship and heartache around the globe. A changing climate is devastating many communities and threatening the very future of the planet we all share.

4 And we are facing a long-overdue reckoning with the deep inequities and inequalities that prevent far too many people from reaching their full potential. While these are stark challenges that won t be overcome quickly, we must view them as catalysts for change. Because if we can summon the courage and resolve needed to act in the face of seemingly insurmountable obstacles, I know that we can and will take ambitious leaps forward. At HP, our ambition is to become the world s most Sustainable and just technology company. I m proud of the work of our teams around the world, and this Report highlights the progress we are making against our goals as well as the areas where we must do if we simply stay the course, we will fail to meet the magnitude of this moment. The pace of change in the world around us is accelerating, and so must our efforts to create the future we want to new 2030 Sustainable Impact agenda is designed to propel us forward. It stays true to HP s values, supports the United Nations Sustainable Development Goals, and prioritizes efforts where our technology, talent, and ecosystem can have the greatest Impact .

5 Over the next decade, HP will stand for a new era of progress where climate change is reversed, human rights are universally protected, and digital equity democratizes opportunity for all. Climate ActionWe will drive toward a net zero carbon, fully regenerative economy while engineering the industry s most Sustainable portfolio of products and solutions. We plan to achieve net zero greenhouse gas emissions across the HP value chain by 2040, with a 50% reduction by the end of this decade. We pledge to reach 75% circularity for products and packaging by 2030. And we are committed to maintaining zero deforestation for HP paper and paper-based packaging and counteracting deforestation for non-HP paper used in our products and print RightsWe will create a powerful culture of diversity, equity, and inclusion while advancing human rights, social justice, and racial and gender equality across our ecosystem. By 2030, we re committed to achieving 50/50 gender equality in HP leadership and making sure that women represent greater than 30% of our workforce in technical and engineering roles.

6 Across our company, we intend to meet or exceed labor market representation for racial and ethnic minorities. And we aim to reach one million workers through worker empowerment programs throughout our supply EquityAs digital technology transforms seemingly every aspect of our lives, there s a very real danger of more and more people getting left behind. We cannot allow that to happen, and HP will work to break down the digital divide that prevents too many from accessing the education, jobs, and healthcare they need to goal is to accelerate digital equity for 150 million people by 2030. As part of these efforts, we re launching the HP Partnership and Technology for Humanity (PATH) accelerator program, focused on paving the way toward digital equity and inclusion in underserved communities around the world. Simply put, the aggressive actions we re taking on climate, human rights, and digital equity are the right things to do. And for anyone who still buys into the false belief that this work comes at the expense of profit, consider this: our Sustainable Impact agenda helped win more than $1 billion in sales in 2020, the second consecutive year we ve surpassed this milestone.

7 The actions we re taking to address some of society s greatest challenges will strengthen our communities while spurring innovation and growth across our business. But it s going to take a lot of hard work and investment. It will demand collaboration across the public and private sectors. And above all else, it will require us to believe that we can rise to this moment in ways that truly change the world for the better. One of our founders, Dave Packard, said it best: The betterment of society is not a job to be left to a few. It s a responsibility to be shared by all. Ultimately, that s what motivates our more than 50,000 employees across HP. We are united by our ambition to create technology that inspires human progress. And we will hold ourselves accountable for achieving the goals we have set. That is, and always will be, the HP Way. Saludos,Enrique Lores President and CEO4 HP 2020 Sustainable Impact HPOUR STRATEGYA dvancePersonal Systems Advance compute leadership Accelerate in adjacenciesOffice and Home Printing Modernize print Accelerate office contractualDisruptIndustrial Businesses Disrupt with personalized solutions Accelerate digital and 3D businessesCapitalize on IP Unlock new sources of value from microfluidics TransformSustainable and justOptimize cost structureDigitally powered and data enabledKEY FACTSE nrique Lores President and Chief Executive Officer, HP Inc.

8 Chip Bergh Chairman of the Board Incorporated in the State of Delaware, United States Fortune 100 company Ticker symbol HPQ on the New York Stock Exchange Corporate headquarters Palo Alto, California, United States Approximately 53,000 employees globally1 HP operates in 180 countries worldwideFISCAL YEAR 2020 HIGHLIGHTS$ BILLIONin net revenue$ BILLIONof net cash provided by operations, $ billion of which was returned to stockholders in the form of share repurchases and dividends28,000+patents2250,000+channel partners$ BILLIONR&D spendSee our full financial ImpactFootprintIntegrity and human rightsOperationsProducts and solutionsAppendixSupply chain responsibility5 HP 2020 Sustainable Impact we deliver valueINPUTS IN 2020 HUMANS kills, expertise, competencies, and capabilities of HP s approximately 53,000 employees globally346,000 supplier factory workers engaged in skills-building and wellbeing programsINTELLECTUAL$ billion invested in R&D Market and customer insightsFINANCIALT otal assets: $ billion4 Long-term debt: $ billion5 MANUFACTUREDHP manufacturing plants100s of production suppliersNATUR AL482,119 MWh of electricity used in global operations, including 51% renewable electricity and attributes942,000 tonnes of materials in our products and packaging634,200 tonnes of recycled content plastic used in HP products and packaging7 SOCIAL AND RELATIONSHIPE mployee, supplier, and partner codes of conduct and engagement$ million in HP cash and product contributions8127,000 employee volunteer hoursVALUE CREATED IN 2020 HUMAN95% of employees feel HP values diversity998% of employees participated in learning and development activities, at an average of 32 hours per employee79% engagement rate among HP employees10 INTELLECTUALMore than 28,000 patents11 FINANCIALNet revenue.

9 $ billion Net earnings: $ billion Net cash provided by operations: $ billion Share repurchases and dividends: $ billionMANUFACTUREDM illions of products delivered each yearECO Declarations covering 94% of revenue12 NATUR AL56% decrease in Scope 1 and 2 GHG emissions, since million units of hardware million units of hardware remarketed/reused118,000 tonnes of hardware and supplies recycledSOCIAL AND RELATIONSHIPC ustomer, partner, and supplier retention and satisfactionBetter learning outcomes for nearly million students and adult learners through 2020 Improved resilience in communities where we live, work, and do businessSUPPLY CHAINKey stakeholders: Suppliers and supply chain workersKey activities: Raw materials extraction, manufacturing, final assembly, transportationOPERATIONSKey stakeholders: HP employees and local communitiesKey activities: Marketing, employee development and engagement, facilities operation, volunteerism , and givingPRODUCTS AND SERVICESKey stakeholders: Customers, channel and retail partners, regulators, global communitiesKey activities: R&D, product design, product stewardship, marketing, sales and channel engagement, channel partnerships, product delivery, services, and supportREPAIR, REUSE, AND RECYCLINGKey stakeholders: Customers, channel partners, reuse and recycling vendorsKey activities.

10 Product take-back, repair, remanufacturing, remarketing, materials recyclingSustainable ImpactFootprintIntegrity and human rightsOperationsProducts and solutionsAppendixSupply chain responsibility6 HP 2020 Sustainable Impact Impact7 Sustainable Impact strategy 13 United Nations Sustainable Development Goals 14 Recognition 15 Stakeholder engagement 16 Governance 16 MaterialitySupply chain responsibilitySustainable ImpactAppendixProducts and solutionsOperationsIntegrity and human rightsFootprint7 HP 2020 Sustainable Impact Impact strategyIn 2021, HP announced our most comprehensive and ambitious Sustainable Impact agenda yet. It connects us to the most defining and urgent issues of our time and where we can have the greatest Impact . Climate Action: Drive toward a net zero carbon, fully regenerative economy while engineering the industry s most Sustainable portfolio of products and solutions. Human Rights: Create a powerful culture of diversity, equity, and inclusion.