AT A GL ANCE P I L L AR Governance STRATEGY Responsible Business Corporate Governance Maintain a comprehensive structure to provide the backbone of our corporate responsibility commitment Ethical Conduct Implement controls and processes to ensure responsible and ethical performance Privacy and Cybersecurity Protect the privacy and security of information through firm commitment to our systems and protocols Policy Engagement Engage in ethical civic activities on behalf of the company’s interests Corporate Governance Sands primarily operates in three countries governed by two gaming authorities and is regulated as a financial institution by the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. Sands is listed on the New York Stock Exchange (NYSE) and its majority-owned subsidiary, Sands China, is listed on the Hong Kong Stock Exchange. Our board of directors and management team have a steadfast commitment to effective governance practices, especially in meeting the requirements of our varying global jurisdictions. Board of Directors Our corporate governance structure is defined and overseen by the board, with our senior executives spearheading execution of and accountability to our board’s defined standards and processes. Board Structure Our directors bring a variety of experiences and core competencies that contribute to the strategic execution and management of risk for our company. Sands is committed to having a majority independent1 board. The board’s four standing committees (audit, compensation, nominating and governance, and compliance) operate under written charters approved by the board, and are made up entirely of independent directors. The board and each committee annually conduct a comprehensive self-evaluation process completed by an independent third party. Board Composition The nominating and governance committee makes its selection of director candidates by considering the appropriate skills and personal characteristics required in light of the current makeup of the board and in the context of the perceived needs of the company. A number of factors are considered in selecting director candidates, including ethical standards and integrity; independence; diversity of the existing board; whether the skills and experience of candidates will complement existing members; the number of other public company boards on which candidates serve; ability and willingness to dedicate sufficient time, energy and attention; and ability and willingness to comply with the duties and responsibilities set forth in the company’s Corporate Governance Guidelines and By-laws. Governing Protocols We have established a comprehensive corporate governance framework for our company’s operations, which includes requirements of the Sarbanes‑Oxley Act of 2002, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, and the applicable rules and regulations of the U.S. Securities and Exchange Commission (SEC) and the NYSE, reflecting the jurisdictions where we are headquartered and publicly traded. The key components of our governance framework are established in our amended and restated Articles of Incorporation and By-laws, along with other governing documents. These materials are available on our website at https://investor.sands.com. Ethical Conduct We believe in doing business the right way – whether that’s delivering unmatched guest service, being a collaborative partner or taking care of our TeamMembers. Reinforcing our commitment to doing what’s right, our Code of Business Conduct and Ethics ensures we act with integrity and meet our legal and ethical duties. The code applies to all directors, officers – including our named executive officers – Team Members, consultants, vendors and agents of the company, regardless of where they perform their work. We take ethical concerns very seriously and will not accept any misconduct. RESPONS I BLE BUS I NESS From oversight of governance practices by our board of directors to risk management protocols and procedures embedded throughout the organization, we ensure strict adherence to high standards of performance and responsible, ethical action in all facets of our business. 1 Sands remains actively engaged in efforts to expand the number of independent directors on the board. 2022 ESG REPORT 40
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