Dolby Global
Environmental Policy

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2 August 2024

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Overview
Dolby is accelerating decarbonization across our operations and supply chain. We
have a goal to become a certified CarbonNeutral® company by 2030 and source
100% renewable electricity annually. We are working to strengthen Dolby's
sustainability initiatives to combat the impacts of climate change on our planet,people, and communities by identifying opportunities to preserve this planet so all
people will experience awe-inspiring sights and sounds for generations to come.

PurposeThis Environmental Policy (the “Policy”) provides additional transparency and insight
into Dolby’s approach toward environmental sustainability and minimizing our impact
on the planet. This policy provides guidelines and principles as to how Dolby
approaches environmental responsibility and is applicable to our operations andthroughout our value chain.

PolicyGeneralEnvironmental sustainability is a priority at Dolby and important to our future success.
Dolby’s environmental goals, as part of our commitment to becoming a
CarbonNeutral company, include decarbonization of our operations, promoting
decarbonization for our supply chain, and accelerating the transition to renewableenergy.
Dolby sets emission reduction targets within our operations and supply chain thatare validated by the Science Based Target initiative (SBTi).
Dolby works with our suppliers to set their own science-based targets. We
support our suppliers through direct engagement and third-party services on
their environmental journeys.
Dolby certifies its business travel carbon emissions as CarbonNeutral annually, inalignment with the CarbonNeutral Protocol.
Dolby works with service providers who deliver high-quality and third-party
verified renewable energy instruments and carbon offsets.

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Dolby is committed to transparency, publicly tracking progress, and regularly
reporting our environmental performance. Dolby will continue to participate inand evaluate external reporting mechanisms, such as CDP (formerly Carbon
Disclosure Project) and leading frameworks including, Task Force on ClimateRelated Financial Disclosures (TCFD), Global Reporting Index (GRI), Sustainability
Accounting Standards Board (SASB), and Science Based Target initiative (SBTi).
Dolby measures and tracks our energy consumption and carbon footprint(Scopes 1, 2, & 3) annually. In addition, we receive third-party assurance on ourdata to ensure it is complete and accurate.

Our Principles
The following environmental sustainability principles will help Dolby meet our goals
through the year 2030 and beyond:
Dolby shall seek continuous improvements in the environmental performance of
our operations, including regular reviews of our sustainability targets, policies,
and practices.
Dolby shall meet or exceed the minimum environmental and waste management
standards required by law, wherever the company operates.
Dolby shall enable a sustainable workplace by following green building practices
and mitigating harmful environmental impacts of the built environment.
Dolby shall engage our employees, suppliers, and customers, on sustainable
practices and how Dolby can assist in their implementation.
Dolby shall ensure that all reasonable, practical steps are taken to reduce, reuse,recycle, donate, and divert waste streams generated at Dolby facilities away fromlandfills to reduce Dolby’s potential impact on the environment.

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Policy Inquiries
For interpretation inquiries regarding any of the information contained in this Policyor related matters not addressed herein, please contact sustainability@dolby.com.

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