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TREATING DE&I AS THE CRITICAL BUSINESS ISSUE IT IS






               Using Business Tools to Solve                    Results
               a Business Issue                                 Since the council kickoff, each of the six teams
               One of the Council’s first tasks was helping the   has made measurable progress in the following
               CEO and head of DE&I establish measurable        areas:
               performance indicators for the year and          •  Cultural Competence and Inclusion:
               ensuring council priorities would be in line
               with Ferrara’s overall business objectives.           •  Built inclusivity into onboarding,
                                                                       mentoring, career conversations,
               Aligning Our DE&I Priority Areas                        and our workspace
               Around Ferrara’s Business Objectives                  •  Paired each DE&I Council member,
               Next, we created six working councils, each             including the CEO, with a “buddy”
               assigned to one of the six priority areas noted         to complete self-paced activities
               below. Each working council was asked to                to support their journey of cultural
               leverage Six Sigma project management                   competence
               methodology (and use the DMAIC cycle)                 •  Launched our Sweet Pairs mentoring
               to define, measure, analyze, and develop                program, focused on personal and
               solutions for their respective priority area.           professional growth, network expansion,
                                                                       and education
               The teams committed to weekly meetings
               and planning cycles with additional bi-weekly         •  Piloted inclusive leadership training
               meetings to report progress to the DE&I                 for managers in partnership with our
               department. Once per quarter, all members               learning and development organization
               of the council convened to share progress,
               receive feedback, and update as needed.



               Our DE&I Council Aligned to Business Objectives

                                    People                            Product                 Purpose
                 Nurture an inclusive workforce with diverse experiences,    Relate to and deliver on    Live company values with
                       abilities, backgrounds, and perspectives  the needs of increasingly    intention in the diverse
                                                                   diverse consumers,    communities we serve
                                                                    and partner with
                                                                    diverse suppliers

                1. Cultural     2. Metrics and    3. D&I in    4. Supplier     5. Philanthropy  6. Community
                Competence and   Reporting      Production     Partnerships    Deploy our     Engagement
                Inclusion       Provide         Facilities     Deepen diverse   financial capital   Leverage our
                Drive cultural   transparency   Connect diversity   partnerships   to support a phil-  intellectual
                competence      through workforce  and inclusion   through supply   anthropic cause   capital to support
                through D&I     measurement     initiatives to   chain to ensure   with an annual   skill and career
                literacy, leader-  to track repre-   our production   diversity in our   Ferrara-wide    development in
                ship training, and   sentation and    facilities; foster   vendor partners   engagement/   the communities
                sensitivity training  set goals across    opportunities for   and integrity of   giving campaign   where we operate
                                our employee    ERG participation  suppliers
                                experience      and career growth






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