MATER I AL I T Y Our materiality assessment identifies material ESG topics based on the relative significance of our company’s impact on the world. Understanding this universe of topics guides the strategic direction of our program and drives our disclosure efforts. We manage our materiality process on a cycle aligned with development of our five-year strategy, ambitions and targets. The five-year materiality assessment process includes annual review of emerging topics for consideration or prioritization shifts. We conduct a more comprehensive mid-point check-in with a robust stakeholder engagement and sentiment analysis, then make updates to the matrix disclosed in the ESG Report. Process Our process begins with desktop research to identify the universe of material issues relevant for assessment as identified by peers, sustainability leaders, industry associations and initiatives, frameworks and investor ESG ratings. Amultiplatform sentiment analysis allows us to understand and assess broad perspectives and trends on potential material topics. We engage with various stakeholders to further refine understanding of the positive and negative impacts our company has on the outside world through a rankings assessment. Regional and corporate teams identify stakeholders from groups including Team Members, clients, guests, suppliers, nongovernmental organizations, governments, investors and academic institutions. Following a shortlisting process, identified stakeholders are evaluated against a set of principles that includes balance, recency, inclusivity and context to ensure objectivity in our assessment. Complementing the stakeholder engagement process, company leaders and subject matter experts evaluate material topics in a similar fashion while also considering the potential for topics to impact the company. Scoring is determined for each topic against five indicator categories: industry relevance, social and environmental impact, reputational value, cost savings and revenue-generation potential, and business risk. Ratings from stakeholders and company leaders are combined to prioritize material ESG topics, with priority placed on topics rated highest among both groups. We conduct a review session with select executives to discuss and validate findings and determine the threshold by which topics will be considered material. Additional stakeholder engagement may be performed to verify the outcome. We review our materiality assessment annually to identify and assess emerging topics or significant changes to issue prioritization. This annual process considers feedback collected through stakeholder engagement performed company wide, desktop research and evaluation of our progress on the indicators disclosed in this ESG Report. High High Climate Change Energy Diversity, Equity & Inclusion This report uses certain terms, including those that the GRI Guidelines, TCFD framework or SASB Index refer to as “material” topics, to reflect the issues of greatest importance to our regions and stakeholders. Used in this context, these terms are distinct from, and should not be confused with, the terms “material” and “materiality” as defined by or construed in accordance with securities law or as used in the context of financial statements and reporting. ENVIRONMENT, SOCIAL AND GOVERNANCE MATERIALITY MATRIX 0.20 0.30 0.40 0.50 0.60 0.70 0.80 STAKEHOLDER RELEVANCE BUSINESS RELEVANCE 0.90 0.00 0.30 0.10 0.40 0.60 0.20 0.50 0.70 Human Rights Ethical Conduct Supply Chain Management Health, Safety &Well-Being Responsible Gaming Biodiversity Water Waste & Packaging Transportation Disaster Response & Preparedness Cultural & Natural Heritage Capacity Building Workforce Development Shelter, Food & Services Policy Engagement Privacy & Cybersecurity APPENDIX GOVERNANCE SOCIAL ENVIRONMENT OUR PERFORMANCE INTRODUCTION OUR STRATEGY 53 CLOSING
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