Corporate Governance

Shearman & Sterling LLP Human Capital Management Data This year was the first year that the Top 100 Companies were required to provide disclosure on human capital resources material to the company's business. It was up to each company to determine which human capital resources were material to its business. The topics chosen by the Top 100 Companies varied, as did whether the company decided to include data to supplement its disclosure. 77 73 68 67 63 90 61 60 58 36 Diversity, Equity & Inclusion Generally Professional Development Recruiting and Hiring Benefits Wages Employment Location COVID Race/Ethnicity Gender The Most Discussed Topics: Workforce Demographics Many Top 100 Companies discussed workforce demographic topics. A larger percentage supplemented these discussions with data on topics such as number of employees, employee classification and employment location. 37 of the Top 100 Companies provided data on employment classification, with most data provided by Top 100 Companies in the Retail and Technology industries While only 21 of the Top 100 Companies discussed employee turnover, 15 of those provided data to supplement their disclosure, primarily from the Technology and Financial Services industries. Employee Turnover Diversity, Equity & Inclusion 60 of the Top 100 Companies discussed both gender and/or race/ethnicity, whereas only 36 of the Top 100 Companies provided data on these topics. Industries where at least 50% of the Top 100 Companies discussed gender and/or race/ethnicity include the Healthcare, Pharmaceuticals and Financial Services industries. 42 of the Top 100 Companies discussed Affinity Groups *The data provided is for all Top 100 Companies. However, as of the date of data collection, certain Top 100 Companies have not yet filed a Form 10-K in 2021 that required compliance with the new rules on human capital disclosure. For purposes of this Survey, these companies were considered as not disclosing the identified information. Human Capital Management | 44

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