Veeco Instruments Inc.

Corporate Sustainability Report

Annex

Fifth Edition

Issued March 2024

Annex: Veeco Sustainability Report

2

Table of Contents

Environmental Data

3

Social Data

7

Governance Data

15

SASB Index

18

GRI Content Index

21

Governance Data

SASB Index

GRI Content Index

Environmental Data

Governance Data

SASB Index

GRI Content Index

Annex: Veeco Sustainability Report

4

Environmental Data

Unit of Measurement

2023

2022 (3)

2021

2020

2019

Total U.S. Energy Consumption (1)

37.4

45.4

41.3

40.4

41.9

U.S. Electricity Consumption (100% grid power)

27.4

32.5

30.6

29.6

30.0

U.S. Natural Gas Consumption

10.0

12.9

10.7

10.8

11.9

(1 Therm= 2.93001e-5 GWh)

GWh

U.S. Renewable Energy Consumption (2)

Total Non-renewable Energy Consumption

27.1

33.0

30.9

31.6

33.4

Total Renewable Energy Consumption

10.3

12.4

10.1

8.8

8.5

Non-renewable Energy Rate (out of electricity consumption)

62.3%

62%

65.8%

70.4%

71.7%

%

Renewable Energy Rate (out of electricity consumption)

37.7%

38%

33.2%

29.6%

28.3%

Energy Intensity

GWh per Million Dollars Revenue

0.056

0.070

0.071

0.089

0.100

GWh per Employee

0.031

0.037

0.038

0.041

0.044

  1. All energy consumption considered comes from within the organization. Total energy consumption encompasses only U.S. consumption (91.4% of our owned and leased space). Historic energy consumption values have changed slightly from our 2021 disclosure due to accounting changes and the incorporation of all U.S. facilities.
  2. Renewable energy usage has been calculated using supplier specific power mix data where available and EPA eGrid data. Renewable energy accounted for is consistent with Renewable Portfolio Standards (excludes large hydroelectric, nuclear, and some alternative fuels).
  3. 2022 data has been updated in 2024 Report, to correct a prior electricity usage undererstatement. In our initial release of the March 2023 Sustainability Report, we erroneously disclosed 12.6 GWh of U.S. Natural Gas Consumption, which has now been corrected to state 12.9 GWh. Other affected data points have been adjusted to reflect these two corrections.

Annex Notes

  • All intensity values were calculated by dividing the identified environmental metric (total energy, emissions, water) by the identified denominators. Revenue and employee totals were retrieved from the year's corresponding annual reports
    (10K).

Governance Data

SASB Index

GRI Content Index

Annex: Veeco Sustainability Report

5

Unit of Measurement

2023

2022 (4)

2021

2020

2019

Greenhouse Gas Emissions

Scope 1 and 2 Emissions (1)

9,320

10,472

10,452

10,681

12,778

Scope 1

1,803

2,339

1,949

1,956

2,155

Scope 2, market-based

Metric Tons of CO e (2)

7,517

8,132

8,503

8,725

10,623

2

Scope 3 (3)

4,479

1,112

524

526

2,343

Category 6: Business Travel

4,479

1,112

524

526

2,343

Metric Tons CO2e of Scope 1 & Scope 2 GHG

14.0

16.0

17.9

23.5

30.5

Emissions per Million Dollars Revenue

GHG Intensity

Metric Tons CO2e of Scope 1 & Scope 2 GHG

7.7

8.5

9.6

10.8

13.4

Emissions per Employee

  1. Total greenhouse gas (GHG) emissions encompasses only U.S. emissions (91.4% of our owned and leased space). Scope 1 accounts for emissions from stationary natural gas combustion. Scope 2 accounts for emissions from purchased electricity.
  2. We utilized the Greenhouse Gas Protocol's methodology for the calculation of scope 1 and 2 emissions. Additionally, we utilized the EPA Center for Corporate Climate Leadership GHG Emission Factors Hub, Green-e Residual Mix emissions rate tables, and supplier-specific emissions factors wherever possible to calculate our scope 1 emissions from stationary combustion and market-based scope 2 emissions. 2019 was selected as our base year, as it was the earliest year with verifiable energy and emissions data required for Scopes 1, 2, and 3 calculations. For 2023, we used a combination of 2023 energy source mixes wherever available, and 2022 mixes for those locations where
    2023 data wasn't available.
  3. Scope 3 calculations only include business travel via air and rail for years 2019-2021, and business travel via air for 2022 and 2023 due to lack of availability of rail data for those years. Calculations performed by a third-party global corporate travel manager and based on 2020 UK Governmentt GHG Conversions. Past values have been adjusted to reflect inclusion of rail and additional air travel mileage accounted for by the data providing entity.
  4. 2022 data has been updated in 2024 issue to account for an electricity and gas usage understatements which appeared in our release of the March 2023 Sustainability Report. This understatement resulted in an underreported emissions disclosure in our report, which is now corrected above. For Scope 1 emissions, we disclosed 8,077 Metric
    Tons of CO2e, and for Scope 2 emissions 2,281 Metrics Tons of CO2e, which has now been corrected to reflect 8,132 and 2,339 Metric Tons of CO2e respectively. Other affected metrics have been updated to reflect this correction.

Methodology

  • Our disclosure in 2021 marked Veeco's first public disclosure of GHG emissions. We assumed a conservative and simplistic calculation methodology for our scope 1 and 2 emissions inventory. For our scope 2 emissions in 2021, we
    utilized the EPA GHG Equivalencies Calculator that was based on the AVERT U.S. national weighted average CO2 marginal emission rate for 2019. The emissions factor of this national weighted average (7.09 × 10-4 metric tons CO2/kWh) was a gross overestimate of our market-based scope 2 emissions.
  • We have worked to improve our market-based calculation, having incorporated supplier-specific emissions factors where available and Green-e residual mix data. This methodology change resulted in far lower, but far more accurate emissions estimates for Veeco's U.S. operations. Additionally, it has aligned us to a greater degree with the GHG Protocol methodology and best-practices for emissions calculations.

CDP Disclosure

  • In 2021, we made our first public CDP disclosure of Scope 1, 2, and 3 emissions. In that CDP disclosure, our EHS Team double counted emissions for both Scope 1 & 2. Totals in this report are the correctly calculated values. In July 2022, we submitted our second CDP Climate Survey and corrected this mistake.

Governance Data

SASB Index

GRI Content Index

Annex: Veeco Sustainability Report

6

Unit of Measurement

2023

2022

2021

2020

2019

Water

Water Stress (2)

Total U.S. Water Withdrawal (1)

31.7

52.9

44.8

45.6

-

Horsham, PA

Medium-High(20-40%)

Horsham, PA

3.4

2.7

2.6

3.9

-

Plainview, NY

Extremely High (>80%)

Plainview, NY

0.8

2.5

2.2

7.3

-

Saint Paul, MN

Low (<10%)

Saint Paul, MN

Megaliters

2.1

1.4

2.0

2.8

-

San Jose, CA

Low-Medium(10-20%)

San Jose, CA

22.8

41.9

34.4

27.7

-

Somerset, NJ

High (40-80%)

Somerset, NJ

2.4

4.2

3.3

3.2

-

Waltham, MA

Medium-High(20-40%)

Waltham, MA(7)

0.2

0.2

0.4

0.8

-

Bangkok, TH

High (40-80%)

U.S. Water Withdrawal from Areas of High or Extremely

%

10.1%

4.7%

4.9%

16.0%

-

High Water Stress

Hsinchu, TW

Low-Medium(10-20%)

Megaliters of Freshwater Withdrawal per

0.048

0.082

0.077

0.100

-

Laguna, PH

Medium-High(20-40%)

Million Dollars Revenue

Freshwater Intensity

Munich, DE

Low (<10%)

Megaliters of Freshwater Withdrawal per

0.026

0.043

0.041

0.046

-

Penang, MY

Low (<10%)

Employee

Waste (3)(4)(6)

Seoul, KR

Medium-High(20-40%)

Shanghai, CN

Extremely High (>80%)

Hazardous Waste

Metric Tons

18.8

16.1

17.4

26.7

29.0

Singapore, SG

Low (<10%)

Hazardous Waste Recycling Rate

%

48%

56%

39%

32%

28%

Tokyo, JP

Medium-High(20-40%)

Non-hazardous Waste

Metric Tons

8.1

18.5

17.3

11.4

14.6

Non-hazardous Waste Recycling Rate

%

56%

25%

46%

23%

9%

E-Waste(5)

Metric Tons

3.3

9.3

2.9

5.1

3.3

E-waste Recycling Rate

%

65%

31%

35%

61%

68%

  1. Veeco only withdrawals freshwater. No disclosure of any other water type is applicable. Water withdrawal values have been updated since our last disclosure due to accounting changes and the incorporation of all U.S. facilities.
  2. Water stress was identified by utilizing theWRI Aqueduct Water Risk Atlas. The tool's water stress function measures the ratio of total water withdrawals to available renewable surface and groundwater supplies.
  3. Waste data is primarily collected and administered by our hazardous waste service providers. Select other specialty providers of e-waste and recycling services provide data as well. This data notably omits general office waste and single-stream recycling. We are working to fully account for our complete waste footprint.
  4. Waste as provided by our hazardous and non-hazardous waste collection providers. Does not include municipal or general office/lab.

waste or single-stream recycling. Data scope does not cover all U.S. facilities or non-hazardous waste types.

  1. E-wasteincludes batteries, monitors, circuit boards, and other general technology collected and tracked by our hazardous and e-waste service providers.
  2. Waste data for 2019-2021 in this report differs from what we reported in earlier years as we found that we double counted certain non- hazardous waste and E-waste items. Data reported in this Annex reflects the updated values.
  3. Due to leasing arrangements, Veeco does not have an individual meter at our Waltham location. Our usage estimate for 2023 is based on square footage and utility proportion. Occupancy has remained constant between 2022 and 2023.

Governance Data

SASB Index

GRI Content Index

Social Data

Governance Data

SASB Index

GRI Content Index

Annex: Veeco Sustainability Report

8

Social Data

2023

2022

2021

2020

2019

2018

Veeco Global Workforce (1)

Total Workforce (2)

1215

1221

1091

993

954 (3)

1043 (4)

Full-time Employees

1198

1196

1078

981

944

1037

Part-time Employees

8

16

5

2

3

2

Interns

9

9

8

10

10

6

Employment Type by Gender

Full-time Employees

Male

985

982

887

804

781

865

Female

211

214

191

177

162

170

Other Gender Identity

0

0

0

0

1

2

Part-time Employees

Male

13

12

3

1

2

1

Female

6

4

2

1

1

1

Intern

Male

7

7

5

7

8

4

Female

2

2

3

3

2

2

  1. All reported employee data is as of calendar year-end, unless otherwise specified.
  2. A significant portion of the organization's activities are not performed by temporary or non-employees, nor are there any seasonal or other significant variations in the disclosed data. This data only accounts for payroll employees.
  1. This value was reported in our 2020 10K. Our total workforce value for that filing did not include part-time employees.
  2. This value was reported in our 2019 10K. Our total workforce value for that filing did not include part-time employees.

Governance Data

SASB Index

GRI Content Index

Annex: Veeco Sustainability Report

9

2023

2022

2021

2020

2019

2018

Contract by Region

Regular

Asia-Pacific

267

262

235

220

220

267

Europe

55

42

40

37

36

37

North America

874

900

798

723

686

735

Temporary

Asia-Pacific

2

3

5

1

3

0

Europe

1

0

0

0

0

0

North America

7

5

5

2

2

0

Intern

Asia-Pacific

0

0

0

0

0

0

Europe

0

0

0

0

0

0

North America

9

9

8

10

10

6

Voluntary Turnover

Voluntary Turnover Rate

7.2%

9.4%

9.2%

6.8%

-

-

Governance Data

SASB Index

GRI Content Index

Annex: Veeco Sustainability Report

10

2023

2022

2021

2020

2019

2018

Gender Representation by Contract

Regular

Male

983

987

885

803

780

866

Female

215

217

188

177

161

171

Other Gender Identity

0

0

0

1

2

Temporary

Male

8

7

5

2

3

0

Female

0

1

5

1

2

0

Intern

Male

7

7

5

7

8

4

Female

2

2

3

3

2

2

Governance Data

SASB Index

GRI Content Index

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Disclaimer

Veeco Instruments Inc. published this content on 19 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2024 13:10:08 UTC.