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Champion Better Lives

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Since our inception, the vision of a better life has been rooted in our business. Through this vision, we aim to create a more equitable world and positively impact the lives of people in our workforce, communities and supply chain.

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Spotlight

Taking Action for Racial Equity

While we have worked with agility in many ways to mitigate COVID-19’s impact, our commitment to racial equity and justice is steadfast and one of our top priorities.

At Ralph Lauren, we are accelerating toward change by amplifying and elevating diverse voices and deepening our commitment to racial equity within our company, community of partners and peers, and society.

While we have worked with agility in many ways to mitigate COVID-19’s impact, our commitment to racial equity and justice is steadfast and one of our top priorities.

At Ralph Lauren, we are accelerating toward change by amplifying and elevating diverse voices and deepening our commitment to racial equity within our company, community of partners and peers, and society.

Diversity & Inclusion

Through our diversity and inclusion (D&I) programs and initiatives, we strive to create an environment where people feel empowered to be themselves so that they can thrive within our company and society. We are always listening, learning and deepening our work to reflect the values that define our brand - values like authenticity, dignity, and respect for one another.

Our D&I strategy is based on five pillars: talent; collaboration and belonging; learning; communication and messaging; and celebration and recognition. To foster equity and representation, and reflect the consumers we serve, we set a new goal to have at least 20 percent of our Global Leadership Team be from underrepresented race and ethnic groups by 2023.

As a globally recognized brand, we want to build a future in which the world of fashion is as diverse as our customer base. Today, we are examining how we portray the American dream—in the stories we tell, the creators we champion, the faces we elevate, the families we hero and the media partners we support. In July 2020, we reviewed and set expectations for our partners to ensure media platforms are fully aligned with our values and D&I standards.

In addition, we are advancing on our commitment to address racial injustice and find solutions with help from external partners. For example, we worked with Phi Beta Sigma and the United Negro College Fund to elevate messaging on the importance of Black lives. We are also exploring ways to increase our support for Asian, Asian American and Pacific Islander communities through our existing relationship with Asian Americans for Equality, Asian & Pacific Islander American Scholars and the Asian University for Women in Bangladesh.

Goals

Increase underrepresented race and ethnic talent in Global Leadership positions to at least 20 percent by 2023

Achieve gender parity with equal representation in leadership positions at the VP level and above

Community Engagement & Philanthropy

We empower and support our communities through philanthropy and employee volunteerism. In FY21, we focused our giving on social justice, COVID-19 relief, cancer care and prevention, LGBTQIA+ Equity and Inclusion and access to clean water.

Because philanthropy is an essential part of who we are, in FY21 we introduced the Ralph Lauren Matching Gift program. Donations of up to $1,000 made by employees will be matched on a one-to-one basis, up to a total of $1 million, by the Ralph Lauren Corporate Foundation.

In addition to donations, we encourage our employees to volunteer through the Ralph Lauren Gives Back program. Amid COVID-19 restrictions, we shifted to virtual opportunities across our key causes such as Pink Pony and Earth Day.

Goals

Increase volunteer hours 25 percent compared to a FY20 baseline by 2025

Worker Empowerment & Well-Being

We are committed to conducting our global operations ethically and with respect for the dignity of all people who make our products. We aim to enrich the quality of work and life for everyone in our supply chain—ensuring they have the opportunity to reach their full potential in a safe and inclusive environment.

Within our supply chain, we are focused on multiple facets of worker empowerment and well- being, including:

•Supporting migrant workers

•Ensuring fair compensation

•Enabling access to empowerment and life-skills programs, especially for female workers

•Advancing diversity and inclusion

We conduct annual audits and collaborate with industry-leading partners including BSR, Elevate, the International Finance Corporation and the International Labour Organization to monitor our supply chain and provide capability building programs.

Goals

Make empowerment and life-skills programs available to 250,000 workers across our supply chain by 2030

Roll out our Wage Management Strategy to all of our strategic and key suppliers to address fair and timely compensation for factory workers by 2023

Increase female representation in factory management by 25 percent by 2025

Read our 2021 Global Citizenship &
Sustainability Report and
ESG Supplement