Cognizant Technology : 2021 ESG Report

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ESG Report 2021

Message from our Chief Executive Officer

To stay relevant to our multiple stakeholders, Cognizant evolves continually. We strive to coevolve with our associates, clients, partners, suppliers and investors, and with the shared natural resources and human communities on which we all depend.

Guiding our evolution is Cognizant's purpose: we engineer modern businesses to improve everyday life. This statement clarifies why we are in business and conveys that our work with our clients, who are among the world's largest global enterprises, helps to improve life for people globally.

To live our purpose requires that we deliberate about our role in society and take a broad view of how our business affects people's lives economically, environmentally, socially and technologically. That's why we, the more than 330,000 associates of Cognizant, are passionately committed to embedding sustainability and ESG (environmental, social, governance) into our thinking, decisions and actions.

We recognize that ESG encompasses such a breadth of considerations that we must be focused if we are to be effective. Therefore, we've researched the aspects of ESG of greatest importance to our stakeholders, which led us to establish three priorities to maximize our impact:

• Our environmental focus emphasizes the application of digital technologies and other approaches to reduce greenhouse gas emissions
• Our social focus is to attract, hire, develop and engage diverse talent, and build a workplace and workforce that is inclusive and welcoming to all
• Our governance focus is on ethical compliance, data privacy and data security, along with Board oversight of the company's financial reporting, risk management and transparent communication with investors

Capitalizing on our strengths as a leading technology services supplier, we're applying our knowledge, portfolio and partnerships to engineer new levels of environmental and social benefits for our company, clients and communities. Sustainability is an urgent call for transitioning to a low-carbon and more inclusive and equitable economy. Meaningful, measurable progress toward this outcome is what growing numbers of stakeholders, including clients, investors and governmental bodies, expect of corporations. As a 2021 Signatory of the United Nations Global Compact (UNGC), we are incorporating UNGC's Ten Principles into our company's ESG strategy.

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This ESG Report details our strategy and progress integrating ESG into our business. I'm pleased to say that we've made demonstrable progress on several fronts since the publication of our prior ESG Report.

I can underscore this progress with a few examples. In support of our environmental priority, we've set public measurable goals for reducing greenhouse gas emissions. In 2021, we announced the goal of reaching net zero emissions. This commitment is shaping our culture, facilities management, energy sourcing, supply chain and travel policy, along with the equipment and technologies we use in our offices and data centers. In our drive to net zero, we set a near-termtarget in April 2022 of sourcing 100% renewable energy for all our global offices and facilities by 2026.

In support of our social priority, we have, since the onset of the COVID-19pandemic, activated a range of global measures to protect our associates, offices, clients and communities. We covered the cost for more than 300,000 vaccinations for associates, their dependents and contingent staff. Having pledged, at the start of the pandemic, $10 million to help communities respond to their immediate and long term needs, we awarded more than $2.5 million1 in 2021 to support global communities impacted by natural disasters and COVID-19,including a $2 million contribution to UNICEF to aid emergency response efforts in India.

We compete on our knowledge and therefore place an especially high value on professional development, enabled through opportunities for continuous upskilling. In 2021, we trained more than 150,000 associates across a range of digital skills. All associates have access

to on-demandlearning platforms, and in 2021, they completed over 20 million hours of learning.

IntroductionEnvironment    Social    Governance    Appendix"

Message from our Chief Executive OfficerESG at Cognizant    About our business    Our approach to ESG

Sustainability is an urgent call for transitioning to a low-carbon and more inclusive and equitable economy. Meaningful, measurable progress toward this outcome is what growing numbers of stakeholders, including clients, investors and governmental bodies, expect of corporations.

We also extend the power of skilling to the wider community through, for example, internships.

In 2021, our India operations provided nearly 13,000 internships, offering mentoring and skills-development to prospective associates. This is roughly double the number of internships we provided the prior year, and we aim to double this number again.

To serve the diverse ecosystem of our clients and partners, we rely on a diversity of experiences, views and perspectives within Cognizant. Through "Completely Cognizant," we celebrate and embrace diversity and inclusion. We want Cognizant to be the most diverse and inclusive environment possible, where all people feel empowered to exercise their imagination and do their best work.

Diversifying our associate population starts with our talent pipeline. So, we've implemented programs that are improving our hiring initiatives, including establishing more diverse hiring panels and creating gender-neutral job descriptions for our recruitment process. We've also sharpened our focus on global gender diversity in our leadership pipeline, and pledged to put 1,000 high- performing women through our leadership program Propel by the end of 2021. We exceeded that goal.

1 Grants were administered through the Cognizant Technology Solutions Charitable Fund, a donor-advised fund.

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IntroductionEnvironment    Social    Governance    Appendix

Message from our Chief Executive OfficerESG at Cognizant    About our business    Our approach to ESG

We approach governance from several angles such as ethics and compliance, supply chain management, data security, privacy and transparency to inspire trust from our stakeholders.

We bring governance, which is essential to building an environment of trust, transparency and accountability, to life and set the tone at the top through our core values, one of which is to do the right thing, the right way.

We expect our leadership, including our Board, and our associates, to uphold high standards of ethical conduct by following our Code of Ethics. This expectation applies to our business partners as well because of how interwoven we and our clients are with one another's

supply chains. As a technology innovator, we are sharply focused on safeguarding data security and privacy through effective cybersecurity policies. We process

a wide range of personal information on behalf of associates, clients and third parties, and are continually improving technologies and processes to protect data ethically and lawfully.

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