Supplier Code of Conduct, pg. 1

“WORKING HOURS

Overtime must be limited to a level consistent with humane and productive working conditions. Workers shall not work more than 48 regular hours (or lower if required by local laws or local industry standards) and shall not exceed 60 hours a week on a regularly scheduled basis.”

2021 ESG REPORT, pg. 14

“SOCIAL COMPLIANCE

Regularly ensuring compliance keeps our supply chain functioning smoothly. We rely on our own internal audits as well as third-party audits to monitor our suppliers and facilities for activities or practices that do not comply with our policies.

In 2021, 99.2 percent of our in-scope factories were audited, of which 88.3 percent were unannounced audits. All audits thoroughly examine labor standards and workplace conditions, and the majority of audits include worker interviews.

In 2021, nearly 3,800 labor standards and workplace conditions audit findings were evaluated across our supply chain through our standard auditing process. Approximately 9 percent of those findings required corrective action and 0.1 percent of these were considered elevated violations, the majority of which concerned wages and benefits. Over 85 percent of non-compliances were successfully remediated by the factories in partnership with IPS, and the remaining are still in progress. Factories that are not willing to remediate will be removed from the VS&Co approved factory list.”