Las Vegas Sands Corp

Lobbying Governance

AI Extracted Evidence Snippet Source

Oversight of ESG matters was made a formal responsibility of the board's nominating and governance committee in 2021, and our majority-owned subsidiary Sands China Ltd. created a separate ESG board committee. Our board of directors continued to add female members during the year, raising the total to three. In addition, we established a Policy on Corporate Political Contributions and Expenditures early in 2022 and now disclose details on donations in an annual report. [...] Pursuant to the Policy on Corporate Political Contributions and Expenditures, our corporate investor relations website lists individual recipients of political contributions and the amounts received within a range of categories. Those include state and local contributions, trade associations (to the extent contributions are used for lobbying), organizations classified as 501(c)(4) and donations made via our employee political action committee (Sands PAC). We believe this policy will serve Sands' interests in promoting public policies of concern to the company and educating elected and public officials about our business.

https://www.sands.com/content/uploads/2022/04/LVSC_ESG-Report-2021_spreads.pdf

#### P O L I CY E N G A G E M E N T

We have a responsibility to advance policies
that support the health of our business, our
host communities around the world, and our
Team Members, contractors and suppliers. In
this regard, we engage in the political process.
Our political contributions and expenditures are
made to support our company's interests and
not the personal political interests of our officers
and directors. As such, these transactions
are subject to formal approval guidelines,
which include approvals from our chairman
and CEO and president and COO in advance
of their execution. In addition, our board of
directors compliance committee reviews these
contributions, which are disclosed annually on
our investor relations website in line with our
Political Contributions and Expenditures Policy.

We also have processes in place to review any
direct lobbying activities deemed to impact
the climate in accordance with our People,
Communities and Planet commitment and
low-carbon transition plan, and we do not
take opposing positions on these policies.
Additionally, we review contributions to certain
trade associations with lobbying positions that
are not aligned with the Paris Agreement.

We engage directly and indirectly with industry
groups in our operating regions to understand
and address climate-related policy and
regulation when appropriate. Our engagements
range from communication about renewable
energy matters with utility providers to
participation in industry working groups with
local government environmental bureaus.

https://www.sands.com/content/uploads/2024/07/2021.2025_LowCarbonTransitionPlan.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The sustainability department is consulted on environmental positions the company takes in relation to energy and climate change policy. The sustainability department works with appropriate departments such as investor relations, government relations, and communications to craft position statements and disclose environmental information that is consistent and relevant to the company's overall Sands ECO360 strategy. Concurrently, we also strive to enhance the resort experience of our guests as well as the quality of life in the communities in which we live and operate. To ensure engagement is consistent, our Chief Sustainability Officer has the oversight over all Sands ECO360 activities to ensure these activities would be consistent with the overall climate change strategy.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, and we do not plan to have one in the next two years

CDP Questionnaire Response 2023