Making fries,
making strides.
SUSTAINABILITY SUMMARY
2023 FISCAL YEARL A M B W E ST O N 2 0 2 3 SU STA I NA BI L I T Y SU M M A RY

About Lamb Weston
At Lamb Weston, we know how
to make great fries — we’ve beenleading the industry for nearly
75 years. Our sustainability

MISSIONTo create experiences that inspire andserve customers around the world withfood they love and trust.

efforts build off this legacy bybringing our industry expertiseto bear for the betterment ofour communities around theworld. We know that we have a
responsibility to drive financial
performance while contributing
positively to society and theenvironment. We take that
responsibility seriously.
Tom Werner
President and CEO

PURPOSEWe bring the world together with ourfries.

OUR BUSINESSVALUESFounded inIntegrity
We do the right thing, every time, evenwhen no one is looking.

1950

Inclusion
We embrace differences and make itsafe to be ourselves because we allcount.

Headquartered in

Eagle, Idaho

Teamwork
By putting our heads together, we see
the bigger picture and become stronger
together.

production facilities1

Drive for results
We challenge ourselves and each otherto find better ways to do things, raising
the bar for what’s possible.

in North American frozen
food category

27

No. 1

Empowerment
We think like leaders and act likeowners.

No. 2

in global frozen potato category~10,300
team members2

1
2

As of report publication; includes joint ventures.
As of July 15, 2023; excluding joint ventures and temporary labor.

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The Lamb Weston Value ChainINPUTSOUTPUT

AGRICULTURE

CUSTOMERSIN NORTH AMERICA~270K 3.1 lbs

12.8

10.8 lbs

global acres

gallons water per
pound of crops
harvested*

nitrogen per ton ofcrops harvested*

active ingredient (AI)pesticide per ton ofcrops harvested*

BUSINESS IMPACT

181

95M

1,515

27

global retail productofferings

servings per day

SKUs

facilities

8100+

countries with significant
operations

countries withcustomer base

GLOBAL SUPPLY CHAIN

COMMUNITIES

9,600+$3.6B

942$946,000

suppliers

spend (excludes potatoes)

volunteer hours

philanthropic investments

31
countries with significant operations(includes sales support)

MANUFACTURING

OPERATIONSTEAM MEMBERS

3,230

18.5M

~10,300

$597M

$207M

cubic meters (m3)water consumption(global)gigajoules energy(global)global team members4

wages (global)

fringe benefits* Irish variety potatoes in North America.
4
As of July 15, 2023; excluding joint ventures and temporary labor.

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Introducing our New Sustainability Goals
In 2024, we finalized our updated quantitative sustainability goals which focus on the most critical aspects of our supply chain. Together
with our Lamb Weston Values and ESG strategic plan, these goals will guide our work, drive accountability, and show measurable progress.

In 2023, our sustainability strategy advanced
meaningfully, as we worked to integrate ourLW EMEA* business into Lamb Weston’s

INTEGRITYTEAMWORKINCLUSION

DRIVE FOR RESULTSEMPOWERMENT

global strategy. For information on ourperformance against strategy in 2023,
please see our 2023 Sustainability Report.

Climate Resilience

Sustainable and Regenerative
Agriculture• Net neutral carbon emissions through full potato crop rotation.
• Soil health Initiative.
Do More With Less
• 5% reduction in water, nitrogen, and AI pesticides per ton harvested.
• 100% growers active in sustainable ag program.

Material Utilization and Food Waste

50% food waste reduction from processing.
Zero waste-to-landfill.

Sustainable Sourcing

100% deforestation- and conversion-free palm oil.
100% certified sustainable fiber-based packaging.

Packaging Innovation

Design packaging to contain bio-based materials or recycled content.
Design packaging to be recycle-ready, reusable, or compostable.

Water

25% reduction per pound produced.

Carbon Emissions

25% reduction of Scope 1 and 2 greenhouse gas (GHG) emissions per pound produced.
Scope 3 GHG emissions reduction target development underway.
* LambWeston/Meijer v.o.f.

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16%

1st

year-over-year reduction
in injury rates

published Human
Rights policy$946K+

72%

provided in Lamb Weston
Foundation grants

team members
participated in thefirst global employeepulse survey

2023 Safety Highlights

C O M PA N Y-W I D E

Lamb Weston’s approximately 10,300 team members
are essential to our success. We start with fierce
commitments to workplace safety and ethical behavior,
then layer on a culture that reflects the joy and fun of theproducts we serve — all while working to provide support
to the communities where we live and work.

2023 Community Highlights

LOCAL INITIATIVES

PeoplePeopleSafety Week: an annual event in which we emphasize
why safety is so critical.
Because We Care: a peer-to-peer tool for reporting
positive safety behaviors that has been adopted by
all facilities in North America. Our locations in Chinaand Australia have begun implementing this program,beginning with their leadership teams.
Annual safety week at the Paterson, Washington,farm and dairy that includes multiple training topics
and celebrations of the facility’s safety culture. During
the August 2023 event, they celebrated reaching threeyears without a recordable incident.
Pasco, Washington, farm and dairy safety week,
which included games and prizes for employees who
have been nominated for going above and beyondon safety.

The Four Pillars of our DEI Strategy• Engaged leadership• Inclusive culture• External engagement• Diverse talent pipeline* U.S. and CAD.

$419,280

1,012*

Donations provided tocommunity programs

Local charities benefited(Pay It Forward)$115,077

476

Matching gifts donatedby team members
to eligible charities(matched by LambWeston Foundation)

Paid team member
volunteer hours throughour Volunteer Time
Off policy$281,458

338
Team member
donations matchedby Lamb WestonFoundation74%*Team members
participated(Pay It Forward)

Amount donated(Pay It Forward)

13Locations with 90%+participation (Pay ItForward)

PAY IT FORWARD: We provide eligible teammembers in the United States, Canada, andAustralia with a $50 gift account so that they
can donate to the eligible charity of their choicethrough the Lamb Weston Foundation.

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FoodFood

Major Products

Commercial customers and consumers
around the world look to Lamb Weston for thesafest, highest quality potato products, and thesuccess of our business depends on our ability tomeet and exceed their expectations. This is why
we are dedicated to innovation advancing thetechnology we use to ensure our products meet thehighest standards for food safety and quality.

Around the World with Lamb Weston

Fries
Straight Cut, Crinkle Cut, Twister®,
CrissCut®, Wedge Cut

Shredded Potatoes
Diced Potatoes
Formed Potatoes
Hash Browns, Tater Puffs®

Chips

90+100+

Mashed Potatoesinternal food safety,
third-party food safety,
and third-party quality
and customer audits

total team members
work in innovation
globallyAppetizers

40181

team members graduatedas Specialists from Food
Safety University (FSU)
since 2022

global retail productofferings

Dehydrated Potato Flakes
Vegetables

Thousands of Lamb Weston potato experts around the world help develop unique,region-specific products on behalf of our customers and their customers.

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PlanetPlanetThe Four Pillars of our Sustainable Agriculture Strategy

We partner with our growers and suppliers to reduce
our environmental impact and conserve natural resourceson our farms, in our supply chain, our products, and ourpackaging. Our business depends on the earth and its
ability to grow high-quality produce, which is why we arecommitted to responsible growing practices.

447M+

>95%

gallons of processwater reusedof total waste generated
diverted, including food,from landfill

3-year6.5%

initiative launched to haveall of our North American
growers measure thecarbon impact of theiroperations

increase in renewableenergy (biogas andelectricity) consumed
year-over-year

Climate Resilience

More with Less

Building resilience to climate
instability and change byinvesting in soil health, regenerative agriculture,and its long-term productivity.

Creating more with less throughcontinuous pursuit of technology
innovations, crop management information
systems, methodologies and practices.

Safe, Wholesome Food

Farm and Community
Prosperity

Securing safe, wholesome crops
free from foreign material or otherharmful substances. All applications made tocrops are compliant with regulatory guidelines
and requirements.

Resourceful

Enhancing farm resilience and the ability
to produce healthy, nutritious food by supporting
farmer development within the communities
where they reside. Promoting diverse farmer
profiles, industry collaboration, farmworker safety,food safety, and sustainable agriculture practices
for the benefit of the community as a whole.

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Additional Resources
ReportingPolices

2023 Sustainability Report

Global Environment, Health, Safety, and Sustainability Statement

GRI Index

Water Stewardship Policy

SASB Index

Climate Change Policy

TCFD Index

Deforestation Policy
Human Rights Policy
Material Management and Zero Waste Policy
Apex Assurance Statement
Equal Employment Opportunity Report8