At Schwab, we believe in the power of investing to transform people’s lives. We see it as an act of optimism and a commitment to the future. We approach ESG with the same focus we bring to our day-to-day work: a commitment to creating long-term value and a belief in investing for the future. Likewise, our core values of trust, innovation, teamwork, and stewardship guide our interactions with our stakeholders and the communities we serve. Our values embody how we execute our vision to be the most trusted leader in investment services and, along with our Through Clients’ Eyes strategy, anchor our approach to ESG. Because of the diversified nature of our business, we consider ESG from both a corporate perspective and an asset management perspective. We recognize that Schwab and Schwab Asset ManagementTM have different stakeholders and complementary approaches to ESG. For The Charles Schwab Corporation, our parent company, we consider specific risks and opportunities associated with environmental, social, and governance issues most relevant to our business and our stakeholders, and we strive for continuous improvement in areas that align with and support our vision. Within Schwab Asset Management, our asset management business, we focus on opportunities to meet the needs of our clients who wish to pursue various ESG investing approaches, whether through impact investing, thematic investing, or ESG as a risk-mitigating and value-driven proposition. In addition, Schwab Asset Management’s proxy voting process supports transparency in reporting on key ESG issues.