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ENVIRONMENTAL, SOCIAL AND GOVERNANCE MATTERS
The Company is committed to operating sustainably while providing outstanding products to our global customer base.
Sustainability is ingrained in our Company’s culture and values, including our focus on environmental stewardship, social
responsibility and corporate governance ("ESG"). We have appointed a director of ESG to lead our efforts. We continue our
journey to develop, maintain and expand on various initiatives relating to ESG to better inform our employees and stakeholders
on these matters. We plan to integrate our ESG initiatives into our business strategy, in order for social and environment factors
to become a greater part of our engagement with customers, investors, suppliers and communities where we work. The
Company plans to issue a sustainability report in 2022 to address our policies, procedures, metrics and goals around ESG and
human capital topics. Our goals will continue to evolve throughout our journey. We're all in this together - when our local and
global communities succeed, we succeed.
Our values, rooted in trust, integrity, and collaboration, lay the foundation for the Company's commitment to corporate social and
environmental responsibility. Beyond creating exciting technologies that solve our customers' difficult technical challenges, we
believe that to be truly successful, it's crucial that we do our part to improve the world for current and future generations. For us,
that means we are committed to protecting our planet by minimizing our environmental impact. The Company has a dedicated
team for Environmental, Health and Safety ("EHS") matters that provides a variety of services, such as training, to ensure
compliance with all EHS regulations, while administering safe and healthy working conditions for our employees. We are also
committed to contributing our time, talent and resources to strengthen the communities where we do business. This includes
providing financial and volunteer support to various regional and local charitable organizations, non-profits and other community
programs.
The Company’s culture and values, along with its approximately 14,000 employees across over 25 countries, are the most
valuable assets of the Company. In order to ensure we live our values and our culture stays unique and strong, our Board and
executive team put significant focus on our human capital management. The Company’s sustainable human capital strategy
emphasizes on the following:
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Employee recruitment
Diversity, equity and inclusion
Compensation programs and employee benefits
Employee well-being
Employee engagement and retention
Leadership development and training
Succession planning
Flexible working
In fiscal year 2021, the Company launched a Diversity, Equity, and Inclusion ("DE&I") initiative to progress in our journey of
creating a more respectful, diverse and inclusive environment. To help achieve our goals in DE&I, as well as Corporate Social
and Environmental Responsibility ("CSER"), the Company created the role of Program Manager, Diversity and Corporate Social
Responsibility to create, implement and monitor key programs for both strategic priorities. For more information on our human
capital objectives, please refer to the Company’s Annual Report on Form 10-K for the fiscal year ended October 2, 2021.
Our corporate governance promotes transparency, accountability and security. The Company is fully dedicated to conducting
ourselves by the letter and in the spirit of the many laws and standards that apply to our business. Ethics are deeply embedded
in our values and business processes. The Company regularly re-enforces our commitment to ethics and integrity in employee
communications, in our everyday actions and in processes and controls. As a part of our on-going efforts to ensure our
employees conduct business with the highest levels of ethics and integrity, the Company has compliance training programs in
multiple languages. The Company also maintains two ethics related hotlines, through which individuals can anonymously raise
concerns they have about business behavior they do not feel comfortable discussing personally with business operations
managers or human resources personnel. The Company's general confidential ethics hotline is administered by internal
company counsel designated as the Company's ethics advocate. In addition, we maintain a separate hotline for cases wherein
an employee believes that the Company's financial statements are materially misstated as a result of intentional acts or material
weaknesses in the systems of internal control. This hotline is administered by the Secretary of the Company.
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