PRODUCT SUSTAINABILITY AND SAFETY

3.1 DESIGN FOR SUSTAINABILITY

As society’s challenges continue to evolve, so does Energizer Holdings’ focus. We are relentlessly innovating and adapting our technologies to help solve present and future problems while driving sustainable growth for our company.

Our customers and consumers depend on Energizer Holdings’ products to advance, enhance and improve their companies, homes and lives — and we have a responsibility to live up to those expectations. Every item we sell must meet quality standards and must be safe for its intended use. We govern this through policies and standards that allow us to move forward with integrity and confidence.

To continually improve the sustainability of our products, Energizer Holdings plans to create a sustainability assessment process. Beginning in 2025, all new products entering the market will have gone through a sustainability assessment as part of our new product development process that asks the business to consider how the product can be improved for sustainability and how it embodies our purpose statement.

This new process will embed sustainability into the product pipeline and allow Energizer Holdings to help customers achieve their sustainability goals by offering more opportunities to collaborate with them.

Embedded in Energizer Holdings’ sustainability assessment for new products will be reusability, recyclability, energy savings, waste reduction, water savings, responsible sourcing and the use of renewable materials appropriate to the specific product, from the beginning to the end of each product’s life cycle. It also will take into account whether products have a core purpose of helping to solve an environmental or social challenge.

For Batteries

We strive to combine performance and sustainability by offering commercially competitive, high-performance batteries that have minimal environmental impact. We start by working each year to add more recycled content to our rechargeable batteries and ensuring that all our battery materials continue to be sourced responsibly. We have a long history of responsibly managing the chemicals used in our products, and we were the first company to eliminate mercury and lead from our batteries.

Additionally, our batteries have long shelf lives, with our Energizer Ultimate Lithium lasting up to 20 years, and Energizer Max and Rayovac High Energy lasting up to 10 years in storage. Our leak-resistant design on our batteries protects devices from damage so fewer need to be discarded. We also spend more than $10 million dollars annually on battery recycling programs.

We are exploring ways to improve the density and energy efficiency of our products to boost performance and enable smaller, lighter batteries that require fewer materials. We also are working to improve our manufacturing processes to reduce greenhouse gas emissions with a goal of 30% reduction by 2030.

Auto Care

Across our portfolio of auto care products, we are working to improve the chemicals used in our products and help our consumers conserve water when they clean their vehicles.

• Energizer Holdings sells products with the more environmentally-friendly R-1234yf refrigerant in three regions – North America (both the U.S. and Canada), Europe and Australia-New Zealand (ANZ).

• We continue to expand our R-1234yf portfolio, which has more than 10 products for both professional technicians and do-it-yourself consumers.

• Armor All Wash Wipes are extra-large, premoistened wipes that give consumers a water-free, easy-to-use option to clean their vehicles and can help save 60 gallons of water per vehicle every year.

• Armor All Waterless Wash & Wax is a waterfree option to help our consumers keep their cars spotless all year long.

Lighting

Across our line of lighting products, we continue to seek ways to bring multiple functions to our portable lighting products to reduce consumer need for multiple products. We are also placing more focus on hybrid power and rechargeable power-sourced products.

• All of our portable lights use energy efficient LED technology, extending the life of the product and reducing waste.

• In our light bulb business, we have exited CFL bulbs, focusing on LED, which is more energy efficient and extends the life of the bulb, resulting in less waste.

Energizer Solar

In September 2020, Energizer Holdings partnered with 8 Star Energy, a manufacturer and distributor of solar panels, home battery backups and inverters in Australia and New Zealand. In their first year, they sold more than 21,000 solar panels for residential use. In 2021, we expanded the partnership to include Europe and North America, and this expansion allows for the entire Energizer Solar ecosystem to be sold across many markets. Learn more at EnergizerSolar.com

3.2 RECYCLED CONTENT

Since launching the world’s first rechargeable batteries made with recycled batteries in 2016 for AA and AAA sizes, Energizer’s use of recycled content has only continued to grow. In 2018, Energizer expanded the 4% recycled content across our AA, AAA, C, D and 9-volt rechargeable portfolio. In 2021, we increased recycled content in our AA and AAA rechargeable batteries to 15% and in our C, D and 9-volts to 7%. We are actively working to continue to increase recycled content for 2023.

3.3 END OF LIFE/CIRCULAR ECONOMY

Energizer Holdings spends $10 million on battery recycling initiatives a year and partners with thirdparty organizations around the world to educate consumers about battery recycling.

Energizer Holdings Wins Sustainability Award

3.4 MORE POWER, LESS WASTE

Our Energizer Ultimate Lithium batteries include the world’s longest lasting AA battery and the world’s longest lasting AAA battery in high tech devices. Because these batteries last longer than alkaline batteries, they are disposed of less frequently and generate less waste. In 2021, Energizer built on this legacy by launching the world’s longest lasting 2032 battery, available in specially marked packaging.