Celestica Inc

The Nominating and Corporate Governance Committee (NCGC) is an independent committee of the Board and is responsible for overseeing Celestica's general strategy, policies and initiatives relating to ESG matters, including, among other things, climate-related issues. The NCGC also reviews and monitors the long-term risks related to ESG matters, including our Business Conduct Governance (BCG) policy where we ensure we value and comply with Celestica's environmental policies. The NCGC is also responsible for developing a continuing education program for the Board of Directors, which maintains or enhances the Directors' skills and ensures that their knowledge and understanding of the business remains current. All of the directors were provided with the educational materials and participated in sessions relevant to the committees on which they sit. Celestica facilitates these corporate governance best practices by providing directors with detailed information packages, providing regular updates between meetings with respect to issues that affect the business of the corporation, encouraging attendance at industry conferences, contributing to the cost of outside conferences and seminars that are relevant to their role and providing directors with full access to senior management and employees. The Board's continuing education program also includes management presentations, analyst reports and regular business updates from the Chief Executive Officer (CEO). [...] The NCGC has increased the frequency of their meetings to a quarterly basis. At each meeting of the NCGC, ESG matters are updated as needed. An in-depth annual update on ESG matters is a scheduled agenda item in one of the NCGC meetings as part of the NCGC annual work plan. During this meeting, ESG updates are provided by Celestica's Chief Executive Officer (CEO), and the Chief Sustainability Officer (CSO). The CSO is also Celestica's Chief Legal Officer and is a Senior Vice President responsible for our Sustainability, Compliance and Legal functions. In 2022, during his regular quarterly updates to the Board, the Chief Operating Officer (COO) specifically reported on Celestica's progress against our 2025 GHG emissions reduction goals and relevant ESG topics. The COO's oversight of our global operations provides key insights needed to effectively identify and make decisions on climate risks and opportunities. In 2023, the NCGC will reconvene in July to review the progress made in 2022 towards Celestica's GHG emissions science-based targets including the increased procurement of renewable energy, alignment of ESG topics to CEO/COO game plans and climate-related updates to our Proxy circular/20-F report. The Board will also be updated on Celestica's participation with the UN Global Compact. The NCGC supports our strategy of setting emission reduction targets to combat climate change.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]As a Responsible Business Alliance (RBA) founding member, Celestica continues to be active by participating in working groups, including participation in a Validated Audit Program (VAP) Working Group. Through the working groups, Celestica remains informed on the RBA's environmental compliance requirements and overall climate change strategy. For example, the RBA's Environmental Sustainability Workgroup (ESWG) convenes members to identify pressing environmental issues in climate change, water and waste, and collaborate on solutions that drive improvement not only within their organizations, but throughout their supply chains. The workgroup develops strategies and tools to improve the measurement of environmental impact, improve resource efficiency, and build industry capacity and performance.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]As a Responsible Business Alliance (RBA) founding member, Celestica continues to be active by participating in working groups, including participation in a Validated Audit Program (VAP) Working Group. Through the working groups, Celestica remains informed on the RBA's environmental compliance requirements and overall climate change strategy. For example, the RBA's Environmental Sustainability Workgroup (ESWG) convenes members to identify pressing environmental issues in climate change, water and waste, and collaborate on solutions that drive improvement not only within their organizations, but throughout their supply chains. The workgroup develops strategies and tools to improve the measurement of environmental impact, improve resource efficiency, and build industry capacity and performance.