I am pleased to present our 2022 Environmental Social and Governance (ESG) Report in which we review the year’s key ESG accomplishments and outline progress toward the corporate responsibility goals established for our 2021–2025 reporting period. The backdrop to our 2022 ESG performance included a series of important business accomplishments. We fully divested of our Las Vegas integrated report operations and assets, which allows us to redirect more capital to our existing markets in Asia – underscoring our commitment to our host communities – and the exploration of potential new ventures. We successfully tendered for a new 10-year gaming concession in Macao and reopened our Singapore property amid significant reinvestment to greatly enhance this iconic property. We also continued to navigate the pandemic’s impact, particularly in Macao where periodic closures and reduced travel continued. Despite these ongoing challenges, we remained committed to the People, Communities and Planet pillars of our corporate responsibility program and delivering results against our overarching goals of minimizing environmental impact, promoting the well-being of our people and keeping our communities strong. Our work under these three pillars is integral to our purpose of creating positive impact by making our regions ideal places to live, work and visit. Reflecting these accomplishments, Sands was again included on DJSI World for the third consecutive year, while Sands China made its DJSI World debut. Despite this recognition, it is important to continue evolving our approach to address the emerging ESG landscape. In 2022, we adjusted to changing ESG standards, frameworks and regulations by strengthening our reporting processes to provide transparency for our stakeholders, most notably through adherence to the updated Global Reporting Initiative (GRI) guidelines taking effect in 2023. We also continued our disclosures to leading environmental frameworks such as CDP and the Taskforce on Climate-related Financial Disclosures (TCFD). As we approach the middle of our five-year reporting cycle, the work toward our 2025 ambitions is progressing well. Greenhouse gas emissions remain below prior benchmarks and are on track to meet our 17.5% emissions reduction goal, albeit partly a reflection of lower business volumes in 2022. We also are making solid progress against our targets to invest $200 million in workforce development and contribute 150,000 Team Member volunteer hours to community causes. Under our Planet pillar, we made notable progress in addressing food and other forms of waste, reducing reliance on plastics and packaging, and conserving water. COVID-19 protocols required continued use of singleuse disposables to protect health and safety, impeding achievement of some waste diversion targets. However, reducing food waste was an area of significant progress as we continued to deliver on our prevention, rescue and diversion strategy, which is propelled forward through the use of artificial intelligence, data and analytics to optimize food management. Our People pillar ambition to invest in workforce development drove a large portion of our work to support our TeamMembers, suppliers, partners and the labor pool in our host communities. Our dedication to providing meaningful career and business advancement created opportunities for our TeamMembers and enabled small and medium enterprises (SMEs) to grow. ROBERT G . GOLDSTE IN Chairman of the Board and Chief Executive Officer Las Vegas Sands MESSAGE FROM OUR CHA I RMAN We also invested significantly in building excellence in the hospitality industry, headlined by the launch of a scholarship fund in Singapore. Our commitment to diversity, equity and inclusion (DEI) remained another focal point of our People initiatives with expansion of programs for both Team Members and the community. Protecting human rights and ensuring responsible gaming in our resorts also continued to be key priorities for building a people-centered culture with safeguards to protect all who enter our properties. In our communities, we took a lead role in addressing COVID-19 resurgences, while celebrating the return of key programs put on hold during the pandemic. In Macao, our properties provided extensive pandemic relief by serving as testing, vaccination and quarantine sites, and TeamMembers delivered thousands of hours of pandemic-related support. In Singapore, we saw the pandemic’s impact begin to ease, marked by the return of the annual Sands for Singapore charity festival, which raises millions of dollars for local nonprofits. We also launched the first annual Sands Cares Global Food Kit Build to further address hardship relief and food insecurity in our communities and brought the Sands Cares Accelerator to Macao. Advancing opportunities for local SMEs remained a top priority, capped by the annual Sands Shopping Carnival, which attracted 100,000 visitors to support local businesses. Our governance initiatives establish the guiding principles and standards of performance that ensure responsibility is interwoven into all company endeavors. In 2022, our board of directors’ nominating and governance committee continued playing a significant role in providing oversight, reviewing our progress and developing increased leadership knowledge surrounding the latest ESG trends and practices. As we look ahead to the remainder of 2023, we are focused on delivering the performance necessary to achieve our 2025 ambitions in emissions reduction, workforce development and community volunteerism. We hope to see continued strengthening in Singapore, where we are investing significantly to help the region capitalize on projected tourism growth. We also look forward to the return of a more normal business environment in Macao, where we continue to make significant commitments to support the region’s impressive development as a leading global tourism destination. Finally, the 2023 opening of our new headquarters in Las Vegas, designed with sustainability at its core, will be a working embodiment of our ESG commitment. We are incorporating environmentally conscious features, people-centered initiatives and a culture of community engagement into this investment in our future. It is another example of how Sands conducts business around the world and our dedication to being developers of positive impact in the regions where we operate. APPENDIX GOVERNANCE SOCIAL ENVIRONMENT OUR PERFORMANCE INTRODUCTION OUR STRATEGY 3 CLOSING
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