2024 ESG Report

INTRODUCTION HEALTHY LIVING & COMMUNITY SUPPORT ENVIRONMENTAL STEWARDSHIP RESPONSIBLE SOURCING APPENDIX

TABLE OF CONTENTS

About This Report

4

A Letter from the CEO

5

About The Kraft Heinz Company

6

ESG Governance

9

ESG Materiality & Stakeholder Engagement

10

Ethics & Compliance

12

Governance Commitments

14

ESG Strategy & Highlights

15

Healthy Living & Community Support

17

Diversity, Equity, Inclusion, & Belonging

18

Employee Rewards, Health, & Wellness

23

Learning & Development

24

Working to Alleviate Global Hunger

26

Supporting Communities in Need

30

Product Health

32

Plant-Based Products

34

Infant Nutrition

35

Food Safety & Quality

36

Responsible Marketing

37

Transparency & Labeling

38

Healthy Living Recipes

39

We Own Our Safety

40

Environmental Stewardship

41

Environmental Sustainability Goals

42

Water Use & Conservation

43

Energy Use & Conservation

46

Net Zero & Science Based Targets

47

Renewable Electricity

48

Waste Reduction

49

Reducing Food Waste

50

Sustainable Packaging

51

Designing Better Packaging

52

Designing for Recyclability

53

Responsible Sourcing

56

Human Rights

57

Risk Assessment & Due Diligence

58

Supplier Engagement

59

Supplier Diversity Program

60

Deforestation

61

Animal Welfare

62

Sustainable Agriculture

65

Appendix: ESG Metrics

68

Together at the Table: Kraft Heinz 2024 ESG Report

INTRODUCTION HEALTHY LIVING & COMMUNITY SUPPORT ENVIRONMENTAL STEWARDSHIP RESPONSIBLE SOURCING APPENDIX

ABOUT THIS REPORT

This 2024 Environmental Social Governance Report ("Report") is the sixth Environmental Social Governance (ESG) report issued by The Kraft Heinz Company ("Kraft Heinz" or the "Company"). This Report reflects our commitment to transparency and provides details on our ESG progress in the calendar year ending December 31, 2023. Topics included in this report are based on our most significant ESG issues which are reviewed and updated based on our ESG Materiality Assessment.

This Report does not include details on our financial performance. Details on our financial performance can be found in our public filings with the U.S. Securities and Exchange Commission ("SEC") and on our investor relations website at ir.kraftheinzcompany.com. Materiality as used in this report, sometimes referenced as "ESG materiality," and our ESG materiality review process are intended to reflect priority ESG issues and do not have the same meaning as materiality under U.S. securities laws, in our filings with the SEC, or under similar laws in other jurisdictions. Issues deemed material for purposes of this Report and for purposes of determining our ESG strategies may not be considered material for other purposes, including our SEC or other reporting.

Unless otherwise noted, Kraft Heinz generally utilizes an operational control approach, and this Report covers initiatives and performance metrics associated with our global operations. Kraft Heinz anticipates issuing an ESG Report annually.

We have utilized the United Nations Sustainable Development Goals (SDGs) as a guiding framework in the development of our ESG initiatives. This Report also serves as our Communication on Progress as a signatory to the United Nations Global Compact and CEO Water Mandate.

Kraft Heinz supports the SDGs, which represent a universal call to action to end poverty, protect the planet, and ensure prosperity for all. As such, we considered the SDGs when developing Kraft Heinz's global ESG strategy and goals. The global ESG strategy of Kraft Heinz supports all 17 SDGs in varying degrees.

This Report was prepared with reference to the Global Reporting Initiative (GRI) Sustainability Standard. We have also aligned this Report to the general principles of the Sustainability Accounting Standards Board (SASB) for food and beverage companies, as well as the Task Force on Climate-related Financial Disclosure (TCFD). Separate downloads of our 'GRI,' 'SASB,' and 'TCFD' disclosures are available on our website at www.KraftHeinzCompany.com/ESG.

Kraft Heinz engaged with Bureau Veritas to provide limited assurance in relation to specific 2023 environmental data. Details on our assurance activities are available in the appendix of this Report and on our website at www.KraftHeinzCompany.com/ESG.

We welcome feedback on our ESG strategy and goals. To share questions or comments, please contact ESG@KraftHeinz.com.

Together at the Table: Kraft Heinz 2024 ESG Report

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INTRODUCTION HEALTHY LIVING & COMMUNITY SUPPORT ENVIRONMENTAL STEWARDSHIP RESPONSIBLE SOURCING APPENDIX

A LETTER FROM THE CEO

At Kraft Heinz, our Company Dream is To be the leader in elevating and creating food that makes you feel good. It's the North Star that points our way forward. We believe in making food that nurtures your body and warms your SOUL. Food that's good for your HEALTH, and good for our PLANET. Food that delivers good VALUE, with QUALITY you feel good about serving to the people you love.

On behalf of our 36,000 global employees, I welcome you to our 2024 Environmental Social Governance (ESG) Report. We share it to update you on the progress we are making toward our ESG goals, working Together at the Table with our stakeholders to help solve some of the most pressing issues facing our industry - and our world.

We center our enterprise-wide ESG efforts around three Pillars: Healthy Living & Community Support, Environmental Stewardship, and Responsible Sourcing. ESG initiatives are integrated into our long-term business strategy, whether we are sustainably sourcing tomatoes for our beloved Heinz Tomato Ketchup, supporting the communities where we work and live, improving product health and nutrition, or procuring electricity from renewable sources. Our efforts focus on the priority areas and issues where we believe we can make the most impact on the planet, business, and brands.

As we have highlighted in our past ESG Reports, partnerships are essential to achieving our ESG goals. For example, in 2023 we hosted our first-ever supplier webinar to share our ESG strategy and Net Zero ambition and set the foundations for a future Supplier Sustainability Engagement program. We also announced a new goal to reduce the use of virgin plastic in our global portfolio by 20 percent by 2030 - something only possible through collaboration with our packaging partners. And one of our most vibrant long- term partnerships is with Rise Against Hunger, as we work together to alleviate global hunger. In 2023, we provided approximately 368 million meals to people in need, achieving 90 percent of our goal to provide 1.5 billion meals to people in need by 2025.

As we look ahead, what will drive our ESG agenda is our Company's new 10-Year Strategy (10YS). It is guiding our path forward, as well as our strategic platforms, markets, and investments.

The timeline for the majority of our current ESG commitments is 2025. To align our ESG commitments with our business strategy, we will evaluate our current progress and future goals through the lens of our 10YS with a focus on topics that we can directly influence and that are important to business resilience.

Like many of our peers, as we near the midpoint of the decade, we are more aware of the challenges of delivering our ambitious ESG goals. At Kraft Heinz, we are working diligently to address our biggest challenges and making substantial improvements as we press toward our ESG goals. That's what a spirit of Ownership is all about.

We've learned a lot over the past five years and commit to continuing to learn and improve. It's all about setting the table for the future - one that is more delicious and sustainable for us all. As we look to the future, we aim to continue to build a robust, improved ESG agenda centered around strategic commitments and focused delivery to drive both ESG performance and stockholder value.

Carlos Abrams-Rivera

Chief Executive Officer and Member of the Board of Directors

The Kraft Heinz Company

Together at the Table: Kraft Heinz 2024 ESG Report

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INTRODUCTION HEALTHY LIVING & COMMUNITY SUPPORT ENVIRONMENTAL STEWARDSHIP RESPONSIBLE SOURCING APPENDIX

A GLOBAL FOODS POWERHOUSE

food and beverage

40

$27B

iconic and newbrands

~368M

One ofthe largest

Unparalleled portfolio of

companies in the world

in retail and foodservice

meals donated to

countries with

in net sales

channels

combat food insecurity

Kraft Heinz employees

(2023)

globallywith partners

(2023)

(2023)

Formed in 2015 through the merger of Kraft Foods Group, Inc. and H.J. Heinz Holding Corporation, The Kraft Heinz Company is a globally trusted producer of high quality, great tasting, and nutritious food and beverages. Kraft Heinz is co-headquartered in Chicago and Pittsburgh. At the end of the 2023 fiscal year, Kraft Heinz operated 75 manufacturing and processing facilities and had approximately 36,000 employees around the world.

Together at the Table: Kraft Heinz 2024 ESG Report

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INTRODUCTION HEALTHY LIVING & COMMUNITY SUPPORT ENVIRONMENTAL STEWARDSHIP RESPONSIBLE SOURCING APPENDIX

OUR PURPOSE, DREAM, & VALUES

OUR PURPOSE

To be the leader in elevating and creating food that makes you feel good.

OUR DREAM

We are consumer obsessed.

We dare to do better every day.

We

We

champion

demand

great

diversity.

people.

OUR VALUES

We do

the right thing.

We own it.

Together at the Table: Kraft Heinz 2024 ESG Report

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INTRODUCTION HEALTHY LIVING & COMMUNITY SUPPORT ENVIRONMENTAL STEWARDSHIP RESPONSIBLE SOURCING APPENDIX

~36,000* EMPLOYEES WORLDWIDE

Our Dream and Values invite every employee to play an active role in our Company's journey. We embrace diversity, equity, inclusion, and belonging, and we strive to be the best in everything we do, including corporate citizenship. We strive to make positive impacts in our communities and the environment, improving our collective world and being transparent about our challenges and progress.

Global EmployeesbyType

Full Time

99%

Part Time

1%

Global EmployeesbyGender

Women

37%

Men

62%

Nonbinary

< 1%

Not Disclosed

< 1%

Global Women in Management Roles

Total

43%

  • Note that Kraft Heinz has additional temporary, seasonal and student workers in addition to regular full-time employees.
  • Includes salaried employees only.

Data on this page is as of December 31, 2023. Full details and footnotes to all metrics are available on pages 80-81.

Together at the Table: Kraft Heinz 2024 ESG Report

EmployeesbyRace/Ethnicity

(White Collar)**

People of Colorin the U.S

29%

White in the U.S

68%

Not Disclosed in the U.S

3%

Ethnic Minorities in the U.K

14%

Pretos e Pardos (Black & Two orMore Races)

in Brazil

34%

Executive Leadership Team

African American orBlack

11%

Hispanic orLatino

70%

White

20%

Asian

0%

Women

33%

Men

67%

8

INTRODUCTION HEALTHY LIVING & COMMUNITY SUPPORT ENVIRONMENTAL STEWARDSHIP RESPONSIBLE SOURCING APPENDIX

ESG GOVERNANCE

Our ESG governance starts with Board oversight of our ESG strategy, risks, goals, policies, practices, and disclosures, as set forth in our Corporate Governance Guidelines.

• • • •

••

-•

The Board believes the full Board's responsibility for consideration and oversight of critical ESG issues enhances our sustainability efforts, which are an integral component of our enterprise strategy. To fulfill its oversight responsibilities, the Board receives regular updates on priority ESG issues from our Chief Procurement and Sustainability Officer, as well as other team leaders throughout the business, which cover topics related to policy and program development, actions taken to protect the Company from the negative impacts of climate change on our operations and value chain, and progress toward achieving our ESG goals.

We pursue our ESG goals through a cross-functional approach across the Company and throughout our value chain, centered on continuous improvement. Our ESG governance structure is designed to enable us to live our Dream and Values and embed ESG throughout the Company.

Please visit ir.KraftHeinzCompany.com/corporate-governance and see our Proxy Statement filed with the U.S. Securities and Exchange Commission on March 22, 2024 to learn more about our Company's corporate governance structure and leadership. We are also proud to disclose certain ESG progress and achievements in our proxy statements. Kraft Heinz has also increasingly integrated and disclosed environmental related data that feeds into various reporting frameworks, such as the S&P Global's Corporate Sustainability Assessment (CSA) and CDP (Climate, Water and Forest questionnaires).

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Together at the Table: Kraft Heinz 2024 ESG Report

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INTRODUCTION HEALTHY LIVING & COMMUNITY SUPPORT ENVIRONMENTAL STEWARDSHIP RESPONSIBLE SOURCING APPENDIX

FOCUSING ON MATERIAL ESG ISSUES

ESG Materiality* and Stakeholder Engagement

To inform and continuously improve upon our ESG strategy, we engage a wide variety of stakeholders for input. Participating in an ongoing, two-way dialogue with our stakeholders strengthens our understanding of important environmental, social and governance issues, which helps us set associated priorities to make respective impacts.

Our global stakeholder network includes both the internal and external people and parties whose support is important to the long-term success of our business, and those who are

materially impacted by our business operations. The table below lists these groups and summarizes our engagement activities with them.

STAKEHOLDERS

Stockholders

Customers

Employees

NGOs

Industry Associations

Government/ Consumers Regulatory

Suppliers

Philanthropic

Partners

TYPE OF ENGAGEMENT

  • Annual Meeting of Stockholders
  • Quarterly earnings presentations
  • Regular meetings, both in-person and via phone
  • Customer surveys
  • Meetings with customer teams on ESG requirements

• Global employee engagement

• Ongoing proactive and

survey

reactive engagement

• Global employee ESG survey

• In-person meetings on select

• Internal communications

issues

platforms

• Business Resource Groups

  • Industry engagement via meetings and conference calls on key issues
  • Board participation
  • Direct engagement with government officials on public policy issues
  • Indirect advocacy through coalitions and trade groups
  • Support of candidates for public office through The Kraft Heinz Political Action Committee
  • Consumer call center
  • Corporate and brand social media
  • Consumer insights

• Supplier Guiding Principles

• Donations

• Supplier surveys

• Partner collaboration

• Supplier audits

• Participation on partner

• Meeting with select suppliers

Boards

KEY SUBJECT AREAS DISCUSSED

  • Governance
  • Climate Change
  • Sustainable sourcing
  • Packaging sustainability
  • Health and wellness
  • Human Rights
  • Operational and value chain impact on environment
  • Transparency/external reporting
  • Innovation

• Animal welfare

• Climate change

• Climate change

• Nutrition and well-being

• Tax

• Animal welfare

• Climate

• Global hunger alleviation

• Sustainable sourcing

• Sustainable sourcing

• Sustainable sourcing

• Packaging sustainability

• Trade

• Packaging sustainability

• Sustainable sourcing

• Community impact/food

• Operational impact on

• Operational impact on

• Water stewardship

• Animal welfare

• Nutrition and well-being

• Sustainable sourcing

• Animal welfare

security

environment

environment

• Operational impact on

• Food safety

• Labeling

• Operational impact on

• Packaging sustainability

• Sustainable agriculture

• Community impact/food

• Community impact/food

environment

• Sustainable and regenerative

• Regulatory issues related

environment

• Human rights

• Food waste

security

security

• Animal welfare

agriculture

to ESG

• Nutrition and well-being

• Food safety

• Nutrition and health

• Nutrition and well-being

• Packaging sustainability

• Community impact/food

• Food waste

• Workplace health and safety

• Human rights

security

• Innovation

• Transparency

• Transparency

• Nutrition and well-being

• Transparency

  • Materiality and its relevant definition as used in this report, sometimes referenced as "ESG materiality," and our ESG materiality review process, is different than the definition used in the context of filings with the SEC. Issues deemed material for purposes of this Report and for purposes of determining our ESG strategies may not be considered material for SEC reporting purposes.

Together at the Table: Kraft Heinz 2024 ESG Report

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The Kraft Heinz Company published this content on December 06, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on December 06, 2024 at 00:04:06.056.