INTRODUCTION
Stakeholder Engagement

PEOPLEl

FOOD

U.N. Sustainable Development Goals

PLANETl

APPENDIX

2024 Double Materiality AssessmentlPerformance Data Tables

2 0 2 3 G LO BA L SU STA I NA BI L I T Y RE P O RTl

Global Reporting Initiative IndexlSustainability Accounting Standards Boardl

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Task Force on Climate-Related Financial Disclosures

Task Force on Climate-Related Financial Disclosures (TCFD)
The following summarizes Lamb Weston’s approach to managing and reporting on climate-related governance, strategy, risk management, and metrics and targets in alignment with TCFD recommendations.
DISCLOSURE FOCUS AREA

RECOMMENDED DISCLOSURE

2023 RESPONSEa) Describe the board’s oversight of climate-related risks and opportunities.

GovernanceLamb Weston’s CDP Climate Change 2023 C1.1a, C1.1b
LW EMEA’s CDP Climate Change 2023 C1.1a, C1.1b
2023 Proxy Statementb) Describe management’s role in assessing and managing climate-related risksand opportunities.

GovernanceLamb Weston’s CDP Climate Change 2023 C1.2, C1.3a
LW EMEA’s CDP Climate Change 2023 C1.2, C1.3a
Proxy Statementa) Describe the climate-related risks and opportunities the organization has identified
over the short, medium, and long term.

Climate Resilience
Lamb Weston’s CDP Climate Change 2023 C2.1, C2.1a, C2.1b, C2.2, C2.2a
LW EMEA’s CDP Climate Change 2023 C2.1, C2.1a, C2.1b, C2.2, C2.2a
10-Kb) Describe the impact of climate-related risks and opportunities on the organization’s
businesses, strategy, and financial planning.

Climate Resilience
Lamb Weston’s CDP Climate Change 2023 C2.1b, C2.3, C2.3a, C2.4, C2.4a
LW EMEA’s CDP Climate Change 2023 C2.1b, C2.3, C2.3a, C2.4, C2.4a10-Kc) Describe the resilience of the organization’s strategy, taking into considerationdifferent climate-related scenarios, including a 2°C or lower scenario.

Lamb Weston’s CDP Climate Change 2023 C3.1, C3.2
LW EMEA’s CDP Climate Change 2023 C3.1, C3.2a) Describe the organization’s processes for identifying and assessing climate-relatedrisks.

Lamb Weston’s CDP Climate Change 2023 C2.1, C2.1a, C2.1b, C 2.2
LW EMEA’s CDP Climate Change 2023 C2.1, C2.1a, C2.1b, C 2.2b) Describe the organization’s processes for managing climate-related risks.

ESG Governance
Climate Resilience
Lamb Weston’s CDP Climate Change 2023 C2.1b, C2.2, C2.2a
LW EMEA’s CDP Climate Change 2023 C2.1b, C2.2, C2.2ac) Describe how processes for identifying, assessing, and managing climate-relatedrisks are integrated into the organization’s overall risk management.

ESG GovernanceLamb Weston’s CDP Climate Change 2023 C2.3, C2.3a, C2.4, C2.4a
LW EMEA’s CDP Climate Change 2023 C2.3, C2.3a, C2.4, C2.4a

GOVERNANCE

Disclose the organization’s governancearound climate-related risks andopportunities.

STRATEGY

Disclose the actual and potential
impacts of climate-related risks andopportunities on the organization’s
businesses, strategy and financial
planning.

RISK MANAGEMENT

Disclose how the organization
identifies, assesses and manages
climate-related risks.

(continued)

INTRODUCTION
Stakeholder Engagement

PEOPLEl

FOOD

U.N. Sustainable Development Goals

PLANETl

APPENDIX

2024 Double Materiality AssessmentlPerformance Data Tables

2 0 2 3 G LO BA L SU STA I NA BI L I T Y RE P O RTl

Global Reporting Initiative Indexl

Sustainability Accounting Standards Boardl

Task Force on Climate-Related Financial Disclosures

Task Force on Climate-Related Financial Disclosures (TCFD) (cont.)
DISCLOSURE FOCUS AREA

RECOMMENDED DISCLOSURE

2023 RESPONSEa) Disclose the metrics used by the organization to assess climate-related risks andopportunities in line with its strategy and risk management process.

Introducing New Global 2033 Sustainability Goals
Climate Resilience
LW EMEA 2030 Sustainability Agenda — Climate Action
Lamb Weston’s CDP Climate Change 2023 C4.1, C4.1b
LW EMEA’s CDP Climate Change 2023 C4.1, C4.1b, C9.1b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG)
emissions, and the related risks.

Climate Resilience
LW EMEA 2030 Sustainability Agenda — Climate Action
Lamb Weston’s CDP Climate Change 2023 C6, C7
LW EMEA’s CDP Climate Change 2023 C6, C7c) Describe the targets used by the organization to manage climate-related risks andopportunities and performance against targets.

Introducing New Global 2033 Sustainability Goals
Lamb Weston’s CDP Climate Change 2023 C4.1, C4.1b, C4.2
LW EMEA’s CDP Climate Change 2023 C4.1, C4.1b, C4.2, C4.2a

METRICS AND TARGETS

Disclose the metrics and targets
used to assess and manage relevant
climate-related risks and opportunities.

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