Materiality and Stakeholder Engagement

Materiality and Stakeholder Engagement

We value the input we receive from our stakeholders and understand the importance their unique perspectives have on our business. Our stakeholders, which include Employees, Investors, Dealers, Consumers, Suppliers, local communities, NGOs, policymakers, and industry peers, among others, are the groups most impacted by our operations.

In 2021, our approach to stakeholder engagement was centered around continuous open communication and transparency on both internal and external levels. Internally, we hosted quarterly Town Hall meetings (Led by our Chief Executive Officer, Dave Jackson) that reviewed Jacuzzi Group’s performance and ongoing activities. These meetings were accompanied by monthly organizational strategy sit-ins where our teams discussed what actions needed to be taken based on the concerns and opportunities identified by our stakeholders. Externally, our strategy of continuous communication allowed us to relay product feedback from dealers and end-user customers. Once feedback was received from our stakeholders, we were able to take immediate action by compiling the information into various reports which were brought to our cross-functional team for review. Our cross-functional team consists of members from Product Marketing, Operations, Engineering, and Quality, who connect to discuss concerns or unmet needs associated with the feedback we received from external stakeholders.

In addition to our work to support our internal and external stakeholders, we also mapped out our most material topics to demonstrate the alignment between our efforts and the Sustainable Development Goals we have outlined as material.

ESG PROGRAM PILLARS

ENVIRONMENT We will protect the environment on which our well-being relies.

• Climate Change • Materials Sourcing • Waste • Water

SOCIAL

GOVERNANCE We will ensure people’s safety and security and improve their well-being.

• Consumer Wellness • Employee Health, Safety, and Well-Being • Product Safety • Workforce Engagement & Development

We will live our core values of integrity, creativity, science, and innovation.

• Data Privacy and Security • Ethics • Industry Stewardship