In 2022, we refreshed our company values to drive clarity and unity of purpose for all our employees going forward. Our updated values — Win Together, Continuously Innovate, Champion Belonging, and Do the Right Thing, All the Time — reinforce who we are, how we treat each other, and what we aspire to be as a company. This past year we have made progress against our ongoing commitment to diversity in leadership and talent acquisition, including an increase in the percentage of people of color in leadership roles across General Mills, and an increase in the percentage of women on our Board of Directors. Our focus on standing for people extends across our business — from the farmers who grow our ingredients to all workers in our supply chains. We are accelerating action to respect human rights to positively impact all the people we depend upon — and who depend on us. In 2022, we updated our Supplier Code of Conduct to include expanded protections for human rights. Our business also is inherently dependent on the Earth. We know that a healthy planet is critical for our company to continue making food the world loves, yet the negative impacts of climate change are widespread and severe. We recognize that we must regenerate the world’s resources, strengthen ecosystems, and build community resilience. We have focused our efforts in three priority areas where we can have the greatest impact — climate change, regenerative agriculture and packaging. In 2022, we laid the groundwork for our climate roadmap and invested in resources and capabilities to drive progress toward our ambitious goals. We continue to lead the industry in advancing regenerative agriculture by partnering with farmers, advancing science, and measuring outcomes. We also invested in a groundbreaking partnership to establish a state-of-the-art flexible film recycling plant in Minnesota.