ABOUT TH I S REPORT Scope This ESG Report covers performance highlights for 2022 and the full scope of our global operations, including majority-owned subsidiary Sands China Ltd. and Marina Bay Sands in Singapore. Data1 in the report and appendix reflects calendar year 2022 or cumulative year-end data, unless otherwise stated. ESG reporting is aligned with our fiscal year and the publishing of our annual proxy statement. In 2021, we acquired real estate that will become our new corporate headquarters in Las Vegas, Nevada. Renovations were underway in 2022; therefore, building operation data will be included in our 2023 ESG report. In February 2022, Sands completed the sale of our Las Vegas integrated resort operations and assets, which included The Venetian, The Palazzo, and Sands Expo and Convention Center. Data for this property is no longer included in our report, and historical metrics presented in this report have been restated to reflect its removal and maintain year-over-year comparability. In March 2022, Sands established global game-development studio Fortis. As a wholly owned subsidiary of Sands, this business has been included within the 2022 report in areas deemed appropriate, such as Team Member information. Assurance Lloyd’s Register Quality Assurance, Inc. (LRQA) has provided independent assurance of this ESG Report to a limited level of assurance and materiality of the professional judgment of the verifier. GHG emissions, energy, water and waste data has been assured by LRQA to a reasonable level in accordance with the ISO 14064-3:2006 standard. We believe the data in this report and appendix fairly represents our global ESG performance and have not sought external assurance of all report data. LRQA’s verification procedure is based on current best practice and is in accordance with ISAE 3000 and ISAE 3410. Assurance statements are available on our website at sands.com/resources. Forward-Looking Statements This report contains certain forward-looking statements2 made pursuant to the Safe Harbor Provisions of the Private Securities Litigation ReformAct of 1995, including statements regarding our plans, expectations, continuation or future execution of initiatives, programs, activities, policies or disclosures, strategies, goals, targets, intentions, commitments and other statements that are not historical in nature. These forward-looking statements involve a number of risks, uncertainties or other factors beyond the company’s control, which may cause Sands’ actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the company’s ability to successfully implement ESG initiatives under expected time frames and achieve announced ESG goals, targets and commitments. Additional factors are described in Sands’most recent annual report on Form 10-K under Item 1A, “Risk Factors” and subsequent reports including, among others, quarterly reports on Form 10-Q. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. Sands assumes no obligation to update such information. We developed report content and defined topic selection by determining the most significant economic, environmental and social impacts to our business, industry and regions, and incorporating stakeholder concerns and input. Detailed information of this materiality assessment is provided on the subsequent pages. This report has been reviewed and approved by the nominating and governance committee of the Sands board of directors. REPORTING FRAMEWORKS GRI This ESG Report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards. We reported on self-selected indicators for our material ESG topics. The GRI Index begins on page 93. SASB We have prepared the Sustainability Accounting Standards Board (SASB) Index in accordance with the SASB Casinos & Gaming and Hotels & Lodging Sustainability Accounting Standards version 2018‑10 based on categorization of our predominant business according to SASB’s Sustainable Industry Classification System®. TCFD We voluntarily aligned our climate-related strategy and disclosures with the Task Force on Climate-related Financial Disclosures (TCFD) framework developed by the Financial Stability Board for convenience of use by our stakeholders. Additional details can be found on page 103. 1 Each data point is rounded individually and therefore data presented with additional breakdowns may not exactly match the overall total. 2 In certain portions included in this report, the words “may,”“will,”“anticipate,”“believe,”“estimate,”“seek,” “expect,”“plan,”“aim,”“intend” and similar expressions are intended to identify forward-looking statements. APPENDIX GOVERNANCE SOCIAL ENVIRONMENT OUR PERFORMANCE INTRODUCTION OUR STRATEGY 51 CLOSING
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