Doing Business
Consciously
Annual Impact Report 2023

2

A Letter From the CEO
For many businesses, 2023 was a complex year of continued
uncertainty. As a solutions-driven advisory firm thatspecializes in assessing and mitigating risk, we guided ourclients through the ambiguity and helped them stay ahead.
We used our values to help lead our work and remainedcommitted to doing business consciously.
Within this report, you will discover how our global workforce
of colleagues invested their time, talent and resources to
impact lives and support our communities. We continued
our journey to create an inclusive, diverse and supportive
environment for every colleague at every level of theorganization. We advanced our employee-driven philanthropy
and volunteering, partnerships with charitable organizations,sustainability commitments and global inclusion and diversity
initiatives. We hosted engaging panel conversations withcolleagues, external guest speakers and trainings.
This year, we also welcomed Craig Wymant to Kroll as Chief
People Officer. Craig has a history of building and scaling
high-performing teams, and he is driving our focus on
attracting and developing diverse talent so we can advanceour inclusive and high-performance culture.
As we look toward 2024 and start to build on our
accomplishments, I am overwhelmed with gratitude. Kroll’s
people, partners and clients delivered another year of growth,collaboration and learning that will help shape our firm’s
path forward.

Jake Silverman
Chief Executive Officer

About Us

Philanthropy

Sustainability

Inclusion and Diversity

3

A Letter From the Chief People Officer
I am delighted to have joined the Kroll team this past year as
Chief People Officer. Kroll has seen impressive growth andexpansion in recent years, and it is energizing to be part ofan organization full of talented, innovative andcompassionate professionals.
Starting out at Kroll, one of my first priorities was to virtuallyconnect with colleagues around the world and learn about thefirm through the unique and diverse perspectives of our people.
These early connections have given me many meaningful
insights to enhance our people proposition at Kroll.
I look forward to working alongside Kroll’s leadership to
progress the firm’s People strategy, lead our Corporate Social
Responsibility (CSR) efforts, and evolve our Inclusion andDiversity (I&D) strategy. Together with our global team, we areadvancing an inclusive culture of belonging for all, building on
the great collective efforts detailed in this report.
My time at Kroll has been incredibly rewarding so far. I am
excited about what lies ahead as we continue to learn, growand connect.

Craig Wymant
Chief People Officer

About Us

Philanthropy

Sustainability

Inclusion and Diversity

4

Table of Contents
About Us ................................................................................................................... 05•

Our Services•

Our Values

Philanthropy ............................................................................................................. 08•

Kroll Cares Program•

Kroll Cares Month•

Charity Partners•

Company Contributions•

In-Kind Donations•

Pro Bono Support•

Kroll Charitable Foundation

Sustainability ........................................................................................................... 20•

Our Sustainability Strategy•

Our Sustainability Initiatives•

Using Our Skills for Good•

Looking Ahead

Inclusion and Diversity ........................................................................................... 28•

Creating a More Inclusive Kroll•

Employee Network Groups•

Kroll Conversations•

Supplier Diversity Program•Awards and Recognition

Learn More About Kroll .......................................................................................... 33

5About Us
We are the leading provider of global
risk and financial advisory solutions tobuild, protect, restore and maximize
your organization’s value.

6

Leading Provider of Global Risk and Financial
Advisory Solutions
We help clients detect, manage and mitigate enterprise risk and make strategic andinformed financial decisions to achieve an enduring competitive advantage.
Valuation

Environmental, Social and Governance

Valuation of businesses, assets andalternative investments for financial reporting,tax and other purposes.

Advisory and technology solutions, including
policies and procedures, screening and due
diligence, disclosures and reporting,investigations, value creation and monitoring.

Compliance and Regulation

Investigations and Disputes

End-to-end governance, advisory andmonitorship solutions to detect, mitigate andremediate security, legal, compliance andregulatory risk.

World-wide expert services and tech-enabledadvisory through all stages of diligence,
forensic investigation, litigation, disputes andtestimony.

Corporate Finance and Restructuring

Digital Technology Solutions

M&A advisory, restructuring and insolvency,
debt advisory, strategic alternatives,transaction diligence and independent
financial opinions.

Enriching our professional services, ourintegrated software platform helps clients
discover, quantify and manage risk in thecorporate and private capital market ecosystem.

Cyber Risk

Business Services

Incident response, digital forensics, breach
notification, managed detection services,
penetration testing,cyber assessments andadvisory.

Expert provider of complex administrative
solutions for capital events globally. Our services
include claims and noticing administration, debt
restructuring and liability management services,
agency and trustee services and more.

About Us

Philanthropy

Sustainability

Inclusion and Diversity

7

Our Values
Our six values are at the core of who we are and how we interact with our people,
clients and partners within every community we serve.

Excellence

Excellence

We are energized to learn, to teach, to grow.
We constantly seek to do better – comfort
and excellence rarely co-exist.

bitionAm

Ambition

Innovation

Excellence is a mindset – we do challenging work andpursue extraordinary results. We relentlessly focus
on excellence – for our clients and colleagues.

ONE TEAM,ONE

Courage
We make bold decisions, not just the easy
ones. We find, reveal and tell the truth.
Integrity is the foundation of everything we do.

csio

We embrace and cultivate diversity – we respect,
include and valueone another. We support and care about
the communities where we live and work.

g

e

In

lu

Inclusion

n

Co

a
ur

Innovation
We challenge ourselves to discover new ways to create value. We harness the power of smart data withtechnology to enable faster decisions and always anticipate what’s next for our clients.

One Team, One Kroll
We are stronger together – always focused on solutions, not silos.We collaborate across borders anddisciplines in pursuit of excellence.

About Us

Philanthropy

Sustainability

Inclusion and Diversity

Philanthropy
Philanthropy
Philanthropy
Philanthropy

Philanthropy
Kroll Cares Program
Our Kroll Cares program supports philanthropic efforts across Kroll and is a promise to make apositive and ongoing impact as an organization. Kroll Cares is a critical part of our ethos and acornerstone of who we are. It’s a commitment to doing business consciously—for our people
and our communities. Our people share their time, talent and resources, all in the name ofhelping others, and they are passionate about supporting the communities where they live
and work.
From our month-long initiative where offices around the world volunteer together, tofundraisers for mission-driven causes, to pro bono work—our people consistently cometogether as One Team, One Kroll to provide support to worthy causes.
Since its launch in 2018, the Kroll Charitable Foundation has embodied the Kroll Cares spirit,
distributing millions of dollars to hundreds of charities worldwide. The Kroll Charitable
Foundation is committed to nurturing innovative ideas, impacting economic and social issues,and enabling progress in underserved communities around the globe.
The Kroll Charitable Foundation supports non-profit organizations that:
Align with the firm’s core values
Support inclusion and diversity
Address critical needs or disaster response in areas where Kroll employees live and work
Promote financial literacy and opportunity
This year, the Kroll Charitable Foundation continued to amplify the Kroll Cares program andempowered colleagues to support causes through volunteerism and fundraising. In 2023,
we collectively supported 400+ causes and volunteered 10,000+ hours of our time.

400+

10,000+Total Causes
Supported

About Us

Philanthropy

Volunteering
Hours

Sustainability

Inclusion and Diversity

10

Kroll Cares MonthTo embody our commitment to care, we once again
hosted Kroll Cares Month—an annual, month-longvolunteering initiative across all our global offices.
During Kroll Cares Month in September, Kroll
supported over 75 causes and volunteered morethan 8,500 hours. We provided more than 70,000
meals for hungry neighbors, planted more than
850 trees and donated blood that will save over
250 lives, in addition to other impactful support.

The success of the volunteer efforts would nothave been possible without our people—and mostespecially our local city leaders and Corporate
Social Responsibility (CSR) Champions. They
found causes and volunteer projects that people
cared about, then planned events to bring
Kroll together.

Among many remarkable efforts and diverse
volunteer initiatives this year, our teams in New
York packed 10,000 meals for kids and families.
Our offices in India organized workshops to teachessential career skills to students. And colleagues
in the UK biked, walked and ran to raise money forcancer research.

Supported75+
causesVolunteered

8,500+
hours

Provided over

70,000meals

Planted over

850
trees

Saved over

250
lives

Kroll Cares
About
Us

Sustainability
Philanthropy

Diversity,
Sustainability
Equity and Inclusion

Inclusion
Talentand
Development
Diversity

11

We also worked with mission-driven suppliers. In
the Americas, we renewed our partnership with
Spectrum Designs Foundation, an organizationthat creates meaningful and inclusive employment
opportunities for people with autism. Spectrum
produced T-shirts for teammates to wear during
Kroll Cares Month.

Kroll Cares Month brings out the best of our people. Everyone
coming together to support their local communities andseeing the impact that we have as a firm is truly inspiring.
Sharon Davies

Managing Director,
Valuation Advisory Services,
LondonWe are incredibly proud of the many ways our people aroundthe world come together as One Team, One Kroll to support
our local communities during Kroll Cares Month. Each year,
we are so excited to build on the previous year and to once
again give back as a group.

Jessica Stamelman

President, Kroll Business Services,
New York

Ross Hostetter
Global Head of Alternative
Asset Advisory,
New York

About Us

Philanthropy

Sustainability

Inclusion and Diversity

12

Making a Difference Around the WorldSan Francisco

NashvilleSão Paulo

New Delhi

Australia

Singapore

MadridDublinAbout Us

Philanthropy

Sustainability

Inclusion and Diversity

13

Charity Partners
Kroll Cares extends far beyond the month of September. We believe there are opportunities for us to support
our charity partners beyond traditional volunteerism. This year, we’re proud to have strengthened ourrelationships with several outstanding organizations.

Sponsors for Educational Opportunity
Kroll is committed to building a more equitable global workforce and is exemplified by our partnership internshipprogram with Sponsors for Educational Opportunity (SEO).
SEO is closing academic and career gaps for young people who live in underserved communities. It supports
high-achieving undergraduate students who have historically been excluded from corporate America. Thissummer, Kroll welcomed six SEO-affiliated students as interns in our Portfolio Valuation and M&A Advisory
service lines.
It was a pleasure to welcome the interns who joined Kroll from SEO this pastsummer. They were great additions to the team, and their professionalism andknowledge allowed them to contribute to projects from day one. We’re proud of
Kroll’s partnership with SEO, and this year’s internship program supports
working towards building a more inclusive workforce.
David Blowers

Chief Operating Officer,
Corporate Finance, Chicago

Alexis Summit

Chief of Staff, Valuation Advisory
Services, New YorkSEO Career values its partnership with Kroll, an outstanding collaborator in our
mission to create a more equitable society. By partnering with SEO Career, Kroll has
firmly committed to closing the opportunity gap for students who have been
underserved by corporate America.
Kroll’s exceptional internship program and focus on diversity and inclusion has madea lasting impact on our students, who receive top-notch training and experienceduring their tenure. At SEO Career, we believe that together, we win. Kroll aligns
with that philosophy, making it clear that our collaboration is a top priority.
We look forward to continuing our partnership with Kroll well into the future.
Mindy Davis

Senior Vice President &Managing Director, SEO Career

About Us

Philanthropy

Sustainability

Inclusion and Diversity

14Children of Fallen Patriots Foundation
This partnership honors U.S. servicemembers while investing in the future throughhigher education.
The Children of Fallen Patriots Foundation provides college scholarships and educational counseling to children
who have lost a parent in the line of duty. The Children of Fallen Patriots Foundation works with corporate
partners, individuals and others to raise money to provide college funding for these deserving children.

Members of the armed forces make many sacrifices, and so do their families.
Supporting Children of Fallen Patriots Foundation is a way for us to show support
and gratitude to the children whose parents have made the ultimate sacrifice.
Honoring them by partnering with an organization like Children of Fallen Patriots
Foundation is a way for Kroll to express our profound appreciation and invest in their
futures. I can think of no better way to honor a fallen servicemember’s legacy than tosupport their children financially to help them achieve their educational goals.

Chris Matteson

General Counsel and Secretary, New York

Prevent Breast Cancer
Kroll’s Network of Women and CSR team collaborated to launch a new partnership with
Prevent Breast Cancer, a UK-based charity that funds groundbreaking research to prevent
breast cancer for future generations.
The partnership began with Prevent Breast Cancer delivering an awareness presentation and was expanded by
our UK colleagues’ pledge to rally for the cause. Since then, colleagues have run the London Marathon, the Great
North Run and The Big Half, and held events ranging from quizzes to bake-offs. Through these efforts, ourpeople raised over $25,000 in support of Prevent Breast Cancer.

Kroll’s Network of Women has developed a deep partnership with Prevent Breast
Cancer, a UK-based charity dedicated to predicting and preventing breast cancer, by
raising funds and hosting informative talks. It’s a great pleasure to be a small part ofPrevent Breast Cancer’s ongoing success. We are very proud of Kroll’s partnershipand the opportunity to stand with this powerful mission.
Rebecca Fuller

Global Head of Fixed Asset
Advisory Services, London

About Us

Philanthropy

Sustainability

Inclusion and Diversity

15

Company Contributions
The Kroll Charitable Foundation partnered with several additional charities through its granting program. Meet
our additional global charity partners:

AcornsChildren’s
Hospice

Aidha

Association
PetitsPrincesbasis.point

CasaOzCanadaLearning CodeDie ArcheFrankfurt

ASPACE

Batyr

Blue DragonChildren’sFoundation

Earth
Company

Endeavor
Therapeutic
Horsemanship

FreedaHeep HongJapan Heart

Move

Mustard Tree

NSPCC

SEO

The Sparkle
Foundation

WeWorld

Zhi-ShanFoundation

About Us

Philanthropy

Sustainability

InspiringHKSportsFoundation

ReachOut

Inclusion and Diversity

16

In-Kind Donations
We are conscious stewards of our resources. Kroll upcycled and recycled equipment to support charitablepartners and collected in-kind donations for people in need. Here are some examples of our in-kindgiving efforts:

In Italy, our Agrate Brianza and Milan offices heldclothing and donation drives for WeWorld Onlus, ahumanitarian aid organization. Colleagues collectedschool supplies, hygiene and beauty products, andbooks for women and children, then packaged the gifts
and wrote motivational messages for their recipients.

Colleagues in Hyderabad collected clothes, footwear,
books, toys and quilts for the Goonj Foundation, an
organization that provides disaster relief andhumanitarian aid across India.

Our Southeast Asia team partnered with nongovernmental organizations in Singapore to donate
laptops. The computers will be used by non-profit
organizations and lower-income families.

Kroll’s Veterans Employee Network donated blankets
to St. Albans Veterans Home in New York. St. Albans
provides residential, nursing and rehabilitative carefor veterans and their families.

About Us

Philanthropy

Sustainability

Inclusion and Diversity

17

Pro Bono Support
Doing business responsibly means we use our talents and expertise to make the world a better place. We offer
our people, resources and capabilities to organizations that might not be able to afford such professional
services otherwise.
In 2023, Kroll provided pro bono services to outstanding causes throughout the year, including Climate Vault
and the Pennsylvania Innocence Project, among others.

It is tremendously rewarding to see ourcolleagues put their passion andexpertise into action for causes that alignwith our values. Our Valuation Advisory
Services teams have been able to workwith a variety of pro bono clients todeliver successful results that have had ameaningful impact throughout our global
communities. I look forward tocontinuing to see these partnerships
flourish to make a difference.
Michael Dolan

President, Valuation Advisory
Services, New YorkOur Governance, Risk and Advisory
team members have done someoutstanding pro bono work to support
the efforts of charitable andhumanitarian organizations. We’re acompany of highly skilled and technicalprofessionals, and offering our services
to those seeking to make a positive
impact is such a worthy undertaking,demonstrating that Kroll cares.

Giles Derry

President, Governance and Risk
Advisory, London

182023 Pro Bono Highlights
Climate Vault

Pennsylvania Innocence Project

Climate Vault is making net zero a reality right now
by leveraging existing carbon offset markets to
help organizations decarbonize. It tackles theclimate problem in two ways: by significantly
reducing the amount of carbon dioxide emissions
that are produced and by supporting innovations
to remove existing carbon dioxide from theatmosphere.

The Pennsylvania Innocence Project works to free
the innocent, prevent wrongful convictions andcreate fair, compassionate and equitable systemsof justice for everyone.
Kroll’s Forensic Investigations and Intelligencepractice supports the organization under theleadership of Managing Directors Bill Nugent in
Philadelphia and Cem Ozturk in Sydney.

In 2023, Kroll supported Climate Vault with atransfer pricing analysis. The project team was led
by Cedric Bernardeau, Managing Director, Transfer
Pricing, New York.

The team and I are proud to support Climate
Vault by providing Kroll’s world-class expertisethrough this pro bono engagement,” Bernardeau
said. “The work Climate Vault does applying
market principles to carbon reduction isreshaping carbon markets and creating
opportunities for companies to become more
responsible corporate citizens.

As a former Assistant United States Attorney,
I am passionate about the sacred duty of ourgovernment to achieve equal and impartial
justice in criminal prosecutions, and I am proud
to have the opportunity through Kroll to support
the Pennsylvania Innocence Project. Kroll’s workwith the Innocence Project has been energizing
not only for me but for my team as well—it’s
deeply gratifying to see how many of mycolleagues raise their hands to work on thesecases. As One Team, we are honored to be able
to use our professional skills to help bring justiceto prisoners convicted who are actually innocent.

Bill Nugent

Cedric Bernardeau

Senior Managing Director,
Forensic Investigations andIntelligence, Philadelphia

Managing Director,
Transfer Pricing, New York

About Us

Philanthropy

Sustainability

Inclusion and Diversity

19

Kroll Charitable Foundation
The Kroll Charitable Foundation Advisory Council

Paul Koppel

Head of Corporate Social
Responsibility,
Philadelphia

Ross Hostetter

Global Head of Alternative
Asset Advisory,
New York

Kevin Braine

Global Head of Compliance
Risk and Diligence,
LondonAviral Jain

Managing Director,
Valuation Advisory Services,
New Delhi

I am honored to serve as a member of the Kroll
Charitable Foundation Advisory Council. It is a
privilege to work closely with the large numberof Kroll colleagues who make the time to get
involved and support our Foundation. It is great
to see our firm and our external partners’
collective efforts have such a positive impact ona wide range of people in need of support.

Sharon Davies

Southeast Asia Leader,
Valuation Advisory Services,
Singapore

Cem Ozturk

Jessica Stamelman

Asia Pacific Co-Leader,
Forensic Investigations
and Intelligence,
SydneyPaul Koppel

Global Head of Compliance
Risk and Diligence, London

Philanthropy

President,
Kroll Business Services,
New York

This year, we came together to rally aroundcauses reflecting our values throughvolunteerism, pro bono work, grant-making
and so much more. I am incredibly proud of
the inclusive and supportive culture that we
continue to build, brought to life bycolleagues every day.

Kevin Braine

About Us

Srividya Gopal

Managing Director,
Valuation Advisory Services,
LondonHead of Corporate Social Responsibility,
Philadelphia

Sustainability

Inclusion and Diversity

20

Sustainability
Sustainability
Sustainability
Sustainability

About Us

Philanthropy

Sustainability

Inclusion and Diversity

21

Sustainability
Building on our multi-year sustainability efforts,
we continued to hone our strategic focus this year.
We grounded our sustainability approach in data,
connected it to global market conversations andaligned our efforts to frameworks such as theUnited Nations Sustainable Development Goals(UN SDGs). We consciously advanced a number of
initiatives, many of which were promoted by theenergy and passion of our people.

In 2023, Kroll continued to develop ESG Advisory
services and solutions for clients, including
materiality assessments, ESG program
development, data aggregation tools, screening
and due diligence, disclosure and reporting
support, ESG-related investigations, andmonitoring services.

Using data and analytics is critical to shaping a sustainability strategy that
advances material initiatives for Kroll–creating growth and unlocking value
for our stakeholders, our communities and the environment.
Kate Rodgers

Senior Associate, Corporate Social
Responsibility–ESG, San Francisco

Our Sustainability Strategy: Grounded in Data, Connected to Global Conversations
Kroll experts provide our clients with data-tested analyses to stay ahead of the most complex businesschallenges. We approach our internal sustainability efforts with the same rigor.

Our Emissions Footprint
A critical input for any data-driven sustainability
strategy is a comprehensive greenhouse gas
footprint measurement. Kroll partnered with
Watershed–a software company that provides
an enterprise climate platform for measuring,
reducing and reporting emissions–tomeasure our 2022 greenhousegas footprint.

This year Kroll continued to fulfill a multi-year
commitment to be a CarbonNeutral® company,
certified in accordance with The CarbonNeutral
Protocol. The subsequent section titled “Carbon
Neutrality” will provide more details on thiscommitment.

Scope

Measurement is an early step inour climate journey–and part ofour duty to be responsible
corporate citizens. Importantly,
this measurement allows us
to refine our sustainability
strategy and launch initiatives
to address and mitigate ourclimate impact even further.

About Us

Philanthropy

1 804 tCO2e

Scope

2 2,456 tCO2e

Scope

3 28,373 tCO2e

Total Footprint: 31,633 tCO2e

Sustainability

Inclusion and Diversity

22

The United Nations’ Sustainable Development Goals
We tailor our sustainability efforts to meet business needs while aligning with global ESG conversations.
We’ve tied our strategies and initiatives to the UN SDGs. While we acknowledge and respect theinterconnectivity of the 17 goals that make up the SDGs, we believe four of them are directly relevant to ourbusiness and connected to areas where we can make the greatest impact.
Kroll’s sustainability efforts are deliberately aligned to:4

8

Quality
Education

Decent Work andEconomic Growth

Ensure inclusive andequitable quality
education and promote
lifelong learning
opportunities for all.

Promote sustained,
inclusive and sustainableeconomic growth, full andproductive employment
and decent work for all.

10

13

ReducedInequalities

ClimateActionReduce inequalities
within and among
countries.

Take urgent action tocombat climate change
and its impacts.

Our Double Materiality Assessment
Our ESG Advisory Services team is helping us look inward; it is conducting a materiality assessment to help
Kroll identify sustainability issues that have the potential to affect our operating performance, financial
resilience or the world at large.
The resulting analysis will inform our evolving sustainability journey, and it will give us the opportunity to fully
appreciate the views of internal and external stakeholders. We will use the resulting materiality map to ensure
our sustainability strategy stays aligned with Kroll’s goals to meaningfully control our environmental impact,
promote social good and create long-term value.

About Us

Philanthropy

Sustainability

Inclusion and Diversity

23

Our Sustainability Initiatives
We launched and advanced a number of initiatives in 2023 to bring oursustainability strategy to life.

Kroll Workplace Strategies
Through the Kroll Workplace strategy, we continue to work smarter—
increasing efficiency in day-to-day office processes, reducing overall energy
consumption and encouraging employees to recycle and compost waste.
Our Workplace strategy starts at the design and development stage of any
new workplace or office build-out and continues throughout our occupancy.
Approximately 77% of Kroll employees work in LEED- (Leadership in Energy
and Environmental Design) or BREEAM- (Building Research Establishment
Environmental Assessment Method) certified buildings, which are designed toprioritize energy efficiency.
We are actively transitioning toward only working in LEED- or BREEAMcertified buildings or equivalent spaces. These certifications ensure ourworkspaces are constructed to reduce energy and water usage, promotebetter indoor air quality and reduce the environmental impacts of construction.
We have also achieved a number of ISO (International Organization forStandardization) certifications. ISO is an independent, nongovernmental
international organization which brings together experts to share knowledge
and develop voluntary, consensus-based, market-relevant standards that
support innovation and provide solutions to global challenges—ensuringbusinesses blend quality with consciousness. By achieving the following ISO
certifications in certain jurisdictions, we demonstrate our commitment togood governance.

It’s of paramount importance that we occupy office spaces with low-carbon
and high-efficiency principles—and that we act as responsible
environmental stewards during our occupancy.
The Kroll Workplace strategy is designed to be agile so we can reduce our
global environmental footprint while continuing to grow as a business.
Paul Eakins

Global Head of Corporate Services,
LondonAbout Us

Philanthropy

Sustainability

Inclusion and Diversity

24

Carbon Neutrality
Our commitment to being a CarbonNeutral® company means we’ve
reduced our emissions globally through internal efficiencies and wethen offset the required emissions we couldn’t reduce or eliminate.
To offset the residual emissions, we support a number of carbon
reduction projects. People around the world are creating innovative
solutions to reduce the amount of greenhouse gases in theatmosphere, but they lack the financial means to launch and scale
their projects. Kroll helps finance sustainable projects in locations
where our people live and work, and we receive credits for theemissions our contributions help reduce. In turn, these credits net
against our footprint and compensate for Kroll’s total emissions.
Read more about one of the projects Kroll recently supported:

Delhi Electric Rail Systems, India: Public transport is the primary mode of road transportation for billions
of people in India. However, most road transport still relies on fossil fuels. Carbon finance supported theDelhi Metro to install more than 100 kilometers of state-of-the-art electric rail systems and new trains.
Emission reductions were achieved by reducing the greenhouse gas emissions per passenger-kilometer,
compared to conventional modes of transport like buses. As a whole, the project delivers approximately
500,000 tonnes of emission reductions each year while increasing access to affordable transport in Delhi.

Galvanizing Our Workforce
Our colleagues are an important part of our commitment to a more sustainable future. During a month in which
each office can choose its own volunteering activity (read more about Kroll Cares Month here), roughly one-thirdof our offices chose to host environmental- or sustainability-related activities. As One Team, One Kroll, wecleaned up over 20 parks and communities, and we planted 850 trees.
To celebrate Earth Day, we held the second annual Kroll Cares Sustainability Challenge. Colleagues wereencouraged to make simple but conscious lifestyle changes—like conserving water, commuting smarter andeating mindfully—to reduce their personal carbon footprint. In a single month, our actions saved the equivalent of
15.1 million plastic water bottles and 25.6 million plastic bags.

15.1M

25.6M

Plastic waterbottles

About Us

Plastic
bags

Philanthropy

We cleaned

20+

parks andcommunities

Sustainability

Inclusion and Diversity

25

Kroll is powered by our people, and our local sustainability initiatives are powered by ourpeople’s passions.

Mumbai

About Us

Philanthropy

Paris

Birmingham

Frankfurt

Hanoi

Sustainability

Inclusion and Diversity

26

The Kroll Cares Forest
We continued to grow our partnership with
Tree-Nation and nurture the Kroll Cares Forest,
located in India, where 15% of our people live. In
2022, we planted a tree in honor of every Krollcolleague, and we continue to plant a tree for every
new hire.

We planted over

2,500
trees

In 2023, we planted roughly 2,500 new trees,bringing our forest to over 10,000 trees. Thatmany mature trees have the potential to remove
over 5,000 tons of carbon dioxide from theatmosphere. We look forward to following the
growth of our forest as our workforce expands.

Using Our Skills for Good
Thought Leadership
We align certain commercial work with the UN
SDGs. For example, to support SDG 10: Reduced
Inequalities, Kroll coauthored research led by
Stefanie Perrella, Global Head of Transfer Pricing,
New York and Zachary Held, Director, New York
that explores commercially viable vaccine
manufacturing in Africa. The research comes on theheels of the COVID-19 pandemic, which exposedconstraints and inequities in the current vaccine
supply landscape.
Funded by the Bill and Melinda Gates Foundationand in collaboration with other experts, Krolldeveloped a series of economic models to estimate
the fully loaded production costs for several
vaccines in Africa. These models considered a
range of hypothetical scenarios to inform theconversation about key strategies andcircumstances that could support the long-termcommercial viability of vaccine manufacturing in

Africa. Many consider this crucial to increasing
vaccine equity, supply security and pandemic
preparedness on the continent. Kroll is proud tocontribute this public good to the dialogue on suchan important topic.
In 2023, we also published our ESG and Global
Investor Returns Study, which examined therelationship between the historical returns ofpublicly traded companies and their ESG ratings.
Led by Carla Nunes, Managing Director,
Philadelphia, Kroll experts analyzed data on morethan 13,000 global companies across a variety ofindustries. Globally, ESG Leaders earned anaverage annual return of 12.9%, compared to an
average annual return of 8.6% among Laggard
companies. This represents an approximately 50%
premium in terms of relative performance by
top-rated ESG companies. We are committed tocontinuing our thought leadership in this space.

27

How Kroll Can Support ESG Needs

Connect with Us

Kroll’s ESG Advisory Services team harnesses ourglobal subject matter expertise and technology
solutions to help clients address ESG challenges
and create sustainable value and growth.

Learn more about how our experts can help yourbusiness achieve its ESG goals and navigate thechanging landscape.

Kroll provides an extensive range of advisory
support and technology solutions to help clientsachieve their ESG goals and navigate this evolving
landscape. Companies can engage us throughout
various stages of their business life cycle and ESG
journeys to leverage our diverse team’s extensive
global experience and insights in advisory,
governance and risk. Kroll can help businesses:

Julianne Recine

Managing Director, Environmental,
Social and Governance Advisory
Services (ESG), New York

Improve environmental andsocial outcomes

Deliver sustainablevalue and growth

Align goals tostandards andframeworks

Embed ESG acrossgovernance and areasof business

Comply withregulation anddisclosure reporting

ESG policy
formation

Conduct materiality
assessments and develop
ESG programs

Looking Ahead
We are proud of the advancements Kroll made in our sustainability journey in 2023, and we are energized tocontinue our progress in 2024. We plan to further drill into our data to determine where Kroll is best positioned
to make an impact, then build or strengthen programs focused on those areas.
We are committed to continue reducing our greenhouse gas footprint. In the next 12 to 24 months, we intend
to share a more formal carbon reduction plan, including Scope 1 and Scope 2 reduction targets as well asother measures.
We are closing 2023 and entering 2024 with intentionality and determination to scale our business and our
accompanying sustainability efforts.

Inclusion and Diversity
Inclusion and Diversity
Inclusion and Diversity
Inclusion and Diversity

29

Inclusion and Diversity
Creating a More Inclusive Kroll
We are committed to advancing our Inclusion and Diversity practices and strategies, and believe that creating
an inclusive, diverse and supportive workplace is critical to empowering our colleagues to reach their fullpotential. Through the work of our Inclusion and Diversity Council and Employee Network Groups, we bring
together diverse viewpoints, backgrounds, cultures and experiences to take action throughout our communities,
both in and out of the office. Together, we drive inclusive partnerships and recruiting initiatives, celebrate andcommemorating important holidays and cultural moments, and empower our teams to deliver exceptional
results for our clients. We will continue to evolve our Inclusion and Diversity strategy to create a workplace thatbuilds diversity and embraces the power of inclusion.

William Rolack, Sr.
William Rolack, Sr. is Kroll’s Chief Inclusion and Diversity Officer.
He has over 20 years of experience leading diversity and inclusion
strategies, human capital management and mobility management.
Over the past year, William has worked closely with Kroll’s leadershipand other stakeholders to develop programs aimed at accelerating
inclusion and diversity in the workplace.

The Platinum Rule: We must treat others how theywant to be treated, not by our own standards.
William Rolack Sr.
Chief Inclusion and Diversity Officer

We are committed to reshaping the narrative on inclusion and diversity,emphasizing that it is not merely a ‘nice to do’ but a business imperative.
Prioritizing inclusion and diversity drives change and fosters lasting
positive impact on the business as a whole.
Donnice Peterson
Vice President, Inclusion and Diversity

About Us

Philanthropy

Sustainability

Inclusion and Diversity

30

Employee Network Groups
People-driven networks amplify underrepresented
voices at Kroll.
Employee Network Groups are voluntary efforts tocreate welcoming and supportive communities
within Kroll. The networks are designed aroundcommon themes, such as ethnicity, race, gender,
sexual orientation, age, disability, or veteran status,
among other unifying qualities. These networks
collaboratively strive to propel our I&D
commitment forward. Kroll’s Employee Network
Groups are not just about representation; we arefocused on creating a workplace where everyone
thrives, hand in hand.

Our Black Employee Network recognizes andcelebrates cultures from across the African
diaspora. It focuses on Black Excellence and how
to embody it. The network also prioritizes mental
health, as this year a colleague who is passionate
about well-being and mindfulness led a guided
mediation. The network hosted several discussions
and events on key topics.

Our Pride Network forged new partnerships
with external organizations, including myGwork
and Diversity Role Models, to promote LGBTQ+
issues and deepen the firm’s relationship with
the LGBTQ+ community. The network launched
two new initiatives in 2023: Kroll’s Allyship
Program and Kroll Role Models. They encourage
active allyship and provide confidential support.
There are Kroll Allies and Role Models in every
Kroll service line, leadership level andgeographic location.

About Us

Philanthropy

Together, the Network of Women and Women in
Tech work to foster open and inclusive discussions
surrounding women’s issues (in and outside of theworkplace) to effect positive change.
The Network of Women focuses on personalbranding and self-promotion to help women at
Kroll advance into leadership positions. The grouphosted interactive events to help women develop
career-advancing skills, many which were led byan advisory firm called Negotiating Women.
Highlights of the group’s activities this year include
a successful client reception at the Victoria andAlbert Museum in London, where hundreds ofguests networked with peers paving new paths
across industries.
Women in Technology held an event on
cybersecurity best practices, which focused on
scams that traditionally target women.
Participants learned how to lower their risk ofidentity theft, minimize digital exposure andprotect their credit status. The group also hosted
an internal panel discussion in which womenleaders shared advice on how to balance one’s
career, personal life and passions.

Our Veterans Employee Network invited clients toa discussion with a distinguished speaker. Sir Mark
Carleton-Smith, a British Army veteran and former
Chief of the General Staff, spoke about the public
sector perspective on macroeconomics and sharedinsights on leadership.

Sustainability

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31

Kroll Conversations
In 2023, Kroll launched a discussion series wherecolleagues can talk about critical issues that areshaping our world, both inside and out of theworkplace. Kroll Conversations featured colleagues
and guest speakers and prompted thoughtful
exchanges on culture, charitable work, ESG,
sociopolitical topics and other issues.

Anti-Semitism: Awareness,
Accountability and Allyship
Members of the American Jewish Committee
attended this Kroll Conversation to help colleagues
identify expressions of anti-Semitism and become
empowered allies to the Jewish community.

Black Excellence Rooted Around
the World
The inaugural Kroll Conversation, Black Excellence
Rooted Around the World, was held in recognitionof Black History Month. Colleagues from the Black
Employee Network discussed Black excellence andother facets of their workplace experience.

Tackling LGBTQ+ Discrimination Through
Advocacy/Allyship
In celebration of International Day Against
Homophobia, Transphobia, Biphobia andLesbophobia, members of Kroll’s Pride Network
shared personal stories to increase awarenessabout ongoing discrimination against the LGBTQ+
community. They also talked about the importanceof respect, inclusion and allyship.

DigitALL: Innovation and Technology for
Gender Equality
On International Women’s Day, members of the
Network of Women and Women in Tech led apanel discussion that explored the gender equality
gap in the technology field. They also talked about
mentorship and how it affects success.

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Philanthropy

Sustainability

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32

Supplier Diversity Program
Diversity of ideas and experiences drives growth and innovation at Kroll. Diverse suppliers are a critical component of ourvalue chain, supporting both day-to-day company operations and our ability to deliver optimal results to our clients.
At Kroll, our Supplier Diversity Program operates through a cross-functional team represented by colleagues in Commercial
Operations, Procurement, Finance, I&D, ESG and Communications. We are committed to providing fair and equitable
opportunities to all capable suppliers. We believe that working with a strong network of diverse suppliers helps advanceeconomic growth and development in the communities we collectively serve. Further, partnering with diverse suppliers is one
way we foster I&D at Kroll.

Awards and Recognition
Our journey toward a diverse, equitable and inclusive workforce continues, but we’re proud of how far we’ve come. Kroll’s
efforts have also been recognized around the world.

In 2023, Kroll earned a 100/100 ranking on the
Human Rights Campaign’s Corporate Equality Index,
a nationally recognized benchmark that evaluates
corporate policies, practices and benefits that aremeaningful to LGBTQ+ colleagues. Our score this year
marks a 10-point increase from last year’s score of 90.

Kroll colleagues Jessica Stamelman (President,
Business Services, New York), Anju Chopra (Chief
Innovation Officer, Cyber Risk, Nashville) and Venetia
Manners (Chief Information Officer, Business
Services, New York) were recognized in Profiles inDiversity Journal.
Stamelman received a Women Worth Watching in
Leadership Award, Chopra earned the Asian
Leadership Award, and Manners won a WomenWorth Watching in STEM Award.

About Us

Philanthropy

Kroll was named to Exelon’s Diversity, Equity andInclusion (DEI) Honor Roll for the fifth year in arow in 2023.
The Honor Roll is an annual recognition of Exelon’s
partners that prioritize DEI. Kroll ranked first in theprofessional service providers category.

Kroll’s Chief Inclusion and Diversity Officer,
William Rolack Sr., was recognized in the spring editionof Savoy Magazine as one of 2023’s Most Influential
Executives in Diversity and Inclusion. Rolack has beenshaping diversity and inclusion strategies, as well as
overseeing human resources and mobility management
for more than two decades.
Over the past two years, he collaborated extensively
with leaders and stakeholders to accelerate I&D
practices at Kroll and to bring his “platinum rule” to life.

Sustainability

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33

Learn More About Kroll
Learn More About Kroll
Learn More About Kroll
Learn More About Kroll

34

Integrated Risk Intelligence Solution
Prevent

Kroll maps its comprehensive database of risk events
against a ﬁrm’s business impacts to help devise andimplement
Preventprevention strategies.

Kroll maps its comprehensive database of risk events
against a ﬁrm’s business impacts to help devise andimplement prevention strategies.

Advisory-led

DetectAdvisory-led

Kroll then provides comprehensive detection
solutions to alert when those risk events are
triggered
Detectand quantiﬁes the emerging business
impacts as they materialize.
Kroll then provides comprehensive detection
solutions to alert when those risk events are
triggered and quantiﬁes the emerging business
impacts as they materialize.

Technology-enabledTechnology-enabled

Respond

Insight

Data-driven

Should a risk event be discovered, Kroll’s technology
and expert human advisory is on-call to respond
immediately;
Respondimplementing or modifying remediation
actions to minimize business impacts.
Should a risk event be discovered, Kroll’s technology
and expert human advisory is on-call to respond
immediately; implementing or modifying remediation
actions to minimize business impacts.

Data-driven
Workﬂow-guided

Once the risk event and associated risks are
successfully mitigated and the business impact danger
isInsight
over, Kroll works with ﬁrms to identify insights andmodify prevention and mitigation strategies.
Once the risk event and associated risks are
successfully mitigated and the business impact danger
is over, Kroll works with ﬁrms to identify insights andmodify prevention and mitigation strategies.

Workﬂow-guided

Our Market Presence

51%
51%
of the S&P
500 companies

95%
95%
of Am Law
100 law ﬁrmsof Am Law
100 law ﬁrms

About Usof the S&P
500 companies

21
21of the25 largest private
equity ﬁrms inof thethe PEI 300
25 largest private
equity ﬁrms in
the PEI 300

Philanthropy

19
19

65%
65%
of Fortune
100 companies

of Fortune
100 companiesof the25 largest EuroSTOXX® companiesof the25 largest EuroSTOXX® companies

21
21of the73%
73%

of the 100 largest
Euro STOXX®
companiesof the 100 largest
Euro STOXX®
companies

25 largest hedge
fund companiesof the25 largest hedge
fund companies

Sustainability

Inclusion and Diversity

35

Our Locations

The Americas

Europe, Middle East and Africa

Asia PacificAtlantaNashville

Abu Dhabi

Luxembourg

Bangalore

Austin

New York

Agrate Brianza

MadridBeijing

BermudaPhiladelphia

Amsterdam

Manchester

Guangzhou

BogotaRichardson

Barcelona

Milano

Hanoi

BostonSan Francisco

BerlinMunichHong Kong

Buenos Aires

Sao Paulo

BilbaoPadua

Hyderabad

ChicagoSeattleBirmingham

Paris

Jakarta

DallasSecaucus

Brussels

PesaroKuala Lumpur

Ellensburg

Silicon Valley

Channel Islands

RiyadhManilaHoustonToronto

Dubai

Rome

Mumbai

Los Angeles

Washington DC

DublinTurin

New Delhi

Mexico City

Waterbury

Frankfurt

ZurichShanghai

Gibraltar

Shenzhen

Guernsey

Singapore

Johannesburg

SydneyBritish Virgin Islands

LisbonTaipeiCayman Islands

LondonTokyo

Morristown

Caribbean

About Us

Philanthropy

Sustainability

Inclusion and Diversity

About KrollAs the leading independent provider of risk and ﬁnancial advisory solutions, Kroll leverages our unique insights, data and technology to help clients stay ahead of complex
demands. Kroll’s global team continues the ﬁrm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions and valuation. Our advanced solutions
and intelligence provide clients the foresight they need to create an enduring competitive advantage. At Kroll, our values deﬁne who we are and how we partner with clientsand communities. Learn more at Kroll.com.
M&A advisory, capital raising and secondary market advisory services in the United States are provided by Kroll Securities, LLC (member FINRA/SIPC). M&A advisory,
capital raising and secondary market advisory services in the United Kingdom are provided by Kroll Securities Ltd., which is authorized and regulated by the Financial
Conduct Authority (FCA). Valuation Advisory Services in India are provided by Kroll Advisory Private Limited (formerly, Duff & Phelps India Private Limited), undera category 1 merchant banker license issued by the Securities and Exchange Board of India.
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