SUSTAINABILITY AMBITIONSAND SASB DISCLOSURE
Moog Inc. / Fiscal Year 2023

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TABLE OFCONTENTS

Fiscal Year 2023

Sustainability Ambitions and SASB Disclosure

3

Letter from CEO

9

Product Safety

4

About Moog

10

5

Our Ambitions

Fuel Economy & Emissions
in Use-Phase

6

SASB Sustainable Industry
Classiﬁcation System (SICS)

11

Materials Sourcing

11

Business Ethics

6

Energy Management

12

Activity Metric

6

Hazardous Waste
Management

13

6

Data Security

Disclosure Regarding
Forward-Looking
Statements

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Sustainability Ambitions and SASB Disclosure

LETTER FROM THE CEO
I am pleased to present our 2023 Sustainability and Accounting Standards Board – Aerospace and Defense (SASB) disclosure. This is thesecond consecutive year we have completed this report. In it, we have included additional information about our ambitions undergreenhouse gas (GHG) emissions, water consumption, and hazardous waste.
In the past year, we have made great strides in understanding scope 1 and scope 2 baseline GHG emissions across our company’s global
footprint, and we have developed a plan to reduce them by 40% by 2030. We built state-of-the-art facilities in the UK, Ireland, and China, withenvironmental performance in mind. We initiated projects that focus on increasing factory energy eﬃciency while reducing emissions, water
usage, and hazardous waste. We also took steps to further build a sustainability culture through employee education, visual controls, and by
making sustainability part of our leadership development activities. I am conﬁdent we understand what we need to do over the next few years
to achieve our ambition.
Our water consumption baseline has identiﬁed locations where we are using water for processes but also where the local impact of thechanging climate has strained water resources. Over the next 12 months, we will improve monitoring and metering to determine where wecan do our part and meaningfully reduce our demand on this ﬁnite natural resource.
Identifying our hazardous waste impact, and opportunities to reduce it, are well underway. We have projects on the horizon that involve
re-conﬁguring some of our processes, changing materials, and installing separation of waste streams. These wastes are costly
environmentally, as well as ﬁnancially, and I see clear beneﬁts in driving down these by-products of production.
All the initiatives above are driven by passionate, dedicated, and committed Moogers who see the economic, environmental, and social
beneﬁts of what we are doing. Bound together by our values, our commitment is encapsulated in our purpose: Shaping the way our world
moves™. We trust and respect one another to do what is right for our customers, the planet, and the communities where we do businessevery day.
Sincerely,

Pat Roche
Chief Executive Oﬃcer
Moog Inc.
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Sustainability Ambitions and SASB Disclosure

ABOUT MOOG
DRIVING INNOVATION FOR 70+ YEARSOUR VALUESAt Moog, we design and manufacture the most advanced motion
control systems and precision components for aerospace, defense,
industrial and medical applications. Lives depend on the precise
control of velocity, force, acceleration and ﬂuids whether it’s onland, at sea, in the air or out in space.

These core values represent the essence of Moog’s culture – what
we stand for, how we treat one another, and why we are such a
special place to work:

Our expanded motion control portfolio now includes all forms ofactuation technology, sophisticated control electronics and system
software. Moog products reﬂect a celebrated culture that inspires
employees to collaborate on creating exciting technical solutions
for the most complex challenges.

• We Try Harder• Trust is a Must
• Competence is King• We’re All in this Together• It’s My Job• We Look for Solutions not
Someone to Blame• Communication is Crucial

To learn more, visit www.moog.com.

• We have to be Adaptable
and Ready to Change• Performance andCommitment should be
Rewarded• Work should be an
Enjoyable Experience• Your Personal Life isImportant• Formality doesn’t HelpOUR MARKETS AND APPLICATIONS

We deliver innovative motion control solutions across a range of end markets

DEFENSESPACE

INDUSTRIAL

COMMERCIAL

MEDICAL• OEM Platforms• Aircraft
Aftermarket• Control Systems• Launch Vehicles• Satellite
Components• Space Vehicles• Industrial
Automation• Simulation and Test
• Energy• Electriﬁcation ofConstruction Vehicles• OEM Platforms• OEM Components• Aircraft
Aftermarket• Enteral Pumps
and Sets• Infusion Pumps
and Sets• Components &CT Scan Slip Rings

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Sustainability Ambitions and SASB Disclosure

OUR AMBITIONSIn 2023, Moog assessed our environmental impact in locations across 20 countries. We further developed a sustainability strategy to alignwith our steadfast commitment to responsible environmental stewardship. Here’s an update on what we intend to achieve, our plan andprogress for reducing our environmental footprint in these three key areas:

GREENHOUSE GAS (GHG)
EMISSIONSWATERCONSUMPTIONHAZARDOUS WASTE
GENERATION

Reduce our scope 1 and scope 2 GHG emissions by 40%
by 2030, compared to a ﬁscal year 2022 baseline.

Reduce our total water consumption and enhancewater eﬃciency across our operations from a ﬁscal year
2022 baseline.

Reduce our total hazardous waste generation across
our operations from a ﬁscal year 2022 baseline.

Plan: Focus on the top 10 contributing sites that
represent nearly 80% of our total global GHG
emissions footprint.

Plan: Focus on the top 10 water consuming
sites that now represent over 90% of our total
global water consumption. Also address
locations that may not be in top 10 but are inwater-stressed regions. Set a water reduction
target within the next 12 months.

Plan: Focus on the top 10 hazardous waste
generation sites that now represent over 90%
of our total hazardous waste. Set a hazardous
waste reduction target within the next 12months.

Progress: Developed detailed emissions
reduction plans for ﬁve sites in threecontinents, four of which are among our top 10
emitters. Projects are underway in three of the
top 10 sites. Launched a global deployment
strategy to engage all employees in emissions
reduction eﬀorts.

Fiscal Year 2023

Progress: Identiﬁed two major projects for
reducing water consumption in two of our top
ﬁve sites globally and monitored and analyzed
other sites .

Progress: Identiﬁed and initiated two projects
that have the potential to reduce hazardous
waste disposal across our footprint.

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Sustainability Ambitions and SASB Disclosure

SASB SUSTAINABLE INDUSTRY CLASSIFICATION SYSTEM (SICS):The following disclosures are aligned to the Sustainability Accounting Standards Board (SASB) framework for the Aerospace and Defense
industry. As a diversiﬁed manufacturer, the nature of Moog’s business does not ﬁt squarely within one industry, so Moog may include
information and metrics that are aligned to other industries we believe would be of interest to our investors.
Moog will continue to evaluate the disclosure of additional topics relevant to our industries, taking into account materiality, availability of
reliable data, and competitive sensitivities.
In the document, all data is for ﬁscal year 2023 and the revenue numbers reﬂected are in US $M.

SASB Code
RT-AE-130a.1

RT-AE-150a.1

RT-AE-150a.2

RT-AE-230a.1

Fiscal Year 2023

Topic
EnergyManagement

Hazardous Waste
Management

Hazardous Waste
Management

Data Security

MetricDisclosure(1) Total energy consumed

880,854 GJ(2) Percentage grid electricity

75.9%(3) Percentage renewable

7.5%

Amount of hazardous waste
generated

3,700 metric tons

Percentage recycled

8.1%

Number and aggregate
quantity of reportable spills

2 qty
245 kgQuantity recovered

195 kg(1) Number of data breaches

Moog considers this information to be conﬁdential.

(2) Percentage involving
conﬁdential information

Moog considers this information to be conﬁdential.

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Sustainability Ambitions and SASB Disclosure

SASB Code
RT-AE-230a.2

Topic
Data Security

MetricDescription of approach toidentifying and addressing
data security risks in (1) entity
operations and (2) products

Disclosure(1) Company Operations
Moog is a multi-national, multiple industry systems provider that provides
products, services, entire system solutions, and cloud services to a wide variety
of clients. Moog's information security employs a defense-in-depth strategy
towards cybersecurity protections and deterrence for its systems andoperations. Moog's information systems comply with the ITIL framework that
follows the CobiT 5.0 control objectives and is closely aligned with the ISO/IEC
27001 industrial standards, NIST SP 800-53 revision 4 standards for secure
product development, and the NIST SP 800-171 standards for security
processes and planning.
Moog addresses the identiﬁcation of vulnerabilities in the enterprise by
focusing on the layers of protection in the NIST Cybersecurity framework:
Enterprise (at the perimeter), End Point (at the user level), and at the Systems
level (servers, apps, and networking systems). Moog performs daily monitoringof all interior systems, using tools to identify known vulnerabilities and create
risk assessments that are used to resolve risky items. Moog employs Security
as a Service (SECaaS) products that monitor the threats and vulnerabilities at
our perimeter defenses, so that we can proactively address threats that are
discovered and potentially exploited in Dark Web areas of the internet. Moog’s
end point protection solutions are focused on detecting, remediating, andblocking threats from malware, ransomware, phishing attacks, and malicious
URL attacks on end user devices. Moog employs proactive asset management
and conﬁguration management tools that proactively identify deﬁcientsystems and sends automatic updates to remediate any known issues on
devices and systems.
There are teams at Moog dedicated to daily monitoring of all threats andknown vulnerabilities in the system. We have a global incident response andmanagement team that reviews potential threats and incidents multiple times
a day to ensure that we have coverage and can address issues in a timely
manner before they impact operations. Moog utilizes training and awarenessof cybersecurity threats and controls through a broad range of classes andwebinars geared to educate users on insider threats, phishing attacks, social
engineering, mobility security and policy training. We also have an internal
audit function that audits our security controls and systems on an annual
basis, ensuring that Moog meets its own internal security controls andpractices. In accordance with NIST Cybersecurity Framework and ISO/IEC
27001 standards, Moog has developed and regularly tests its ability to showbusiness resiliency and recoverability. Moog has developed and actively

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Sustainability Ambitions and SASB Disclosure

SASB Code

Topic

MetricDisclosure
updates its Site Security Plans and Incident Response Plans for cybersecurity
events, in accordance with governmental oversight groups. And Moog is
working to incorporate the security planning, strategy, and implementation of
security processes and controls with its supplier and vendor communities.
This includes vendor and partner screening, dedicated procedure training on
dealing with security threats, product and supplier-provided input reviews for
known vulnerabilities, and active coordination regarding vulnerability reporting
and active protection methods to assist with their issues.
(2) Products
Moog utilizes a secure software development lifecycle, or Secure SDLC, which
is an embedded development framework that incorporates secure softwaredevelopment practices and the embedding of security controls that makeMoog’s products more secure and sustainable. In accordance with NIST CSF
and ISO 27001 control frameworks, Moog will seek to continue expanding theuse of software bill of materials and hardware bill of materials to ensure that acomplete listing of product inputs is regularly reviewed and updated for
product vulnerabilities. Moog complies with regulatory and approvalrequirements around vulnerability identiﬁcation and reporting, in compliancewith Department of Defense and other governmental agency reporting.
Moog’s Secure SDLC framework focuses on a proactive approach aroundproduct development. It uses threat modeling approaches to identify
weaknesses in product design, alternatives to product development
approaches, and key components that will be relevant to future regulatory
approval. All code is scanned for known code vulnerabilities, including
opensource code and utilities. All systems are scanned and hardened tosecure known vulnerabilities at the purchased product level. In someinstances, additional third-party penetration testing is conducted inaccordance with regulatory needs and requirements.
Given that many of Moog’s products are used as a part in a larger solution, asigniﬁcant amount of product integration testing and validation occurs. Moog
works to segregate key technology value streams into separate controlled
networks. This enables Moog to limit the impact of potential attacks and it
speeds up the ability of Moog to recover from a potential outage of central
services. Moog conducts ﬁeld testing of all products, and those testing
activities comply with all Moog product security and information security
controls. Finally, all Moog secure facilities have employed physical security
controls to restrict access to authorized personnel, including any shipping
dock and other ingress points to the secure development environment.

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Sustainability Ambitions and SASB Disclosure

SASB Code
RT-AE-250a.1

Topic
Product Safety

MetricNumber of recalls issued, total
units recalled

Disclosure
Moog has implemented a Notice of Escape (NOE) process to control andmanage product recalls. Moog has established cross-functional NOE boards
for each operating segment to review NOE submission. To prevent escapes,
Moog manages escape prevention through its Control of Nonconforming
Product Handbook which includes measures such as containment of defective
materials/products, reinforcement of detection processes to verify future
supply, and implementation of root cause and corrective actions.
Moog considers the number of recalls issued and total units recalled to be
conﬁdential.

RT-AE-250a.2

Product Safety

Number of counterfeit parts
detected, percentage avoided

Moog utilizes internal policies to direct requirements intended to mitigate therisk of counterfeit parts/materials being incorporated into Moog product(including ﬁnished assemblies, spare parts, support/test equipment, etc.). In
addition, Moog’s Terms & Conditions of Purchase speciﬁes supplierrequirements to prevent counterfeit parts from being provided to Moog.
Further, in support of US Government contracts, Moog’s Supplemental Terms& Conditions incorporates additional DFARS requirements required of our
supply base to prevent suppliers from providing counterfeit parts to Moog.
Moog considers the number of counterfeit parts detected and percentage
avoided to be conﬁdential.

RT-AE-250a.3

Product Safety

Number of AirworthinessDirectives received, total units
aﬀected

Moog monitors Airworthiness Directives (AD) issued by government bodies toensure regulatory compliance for aerospace products manufactured or
maintained by the company. Moog is committed to the implementation ofsafety corrective actions and reoccurrence prevention.
Moog considers the number of Airworthiness Directives received and total
units aﬀected to be conﬁdential.

RT-AE-250a.4

Fiscal Year 2023

Product Safety

Total amount of monetarylosses as a result of legal
proceedings associated withproduct safety

Moog considers this information to be conﬁdential.

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Sustainability Ambitions and SASB Disclosure

SASB Code
RT-AE-410a.1

Topic
Fuel Economy &Emissions in
Use-phase

MetricRevenue from alternative
energy-related products

Disclosure$24.8M
Moog Construction: $18.6M (75%) from the electriﬁcation of mobile
construction equipment. Moog sells integrated electriﬁcation systems thatenable OEM customers to convert their machines from internal combustion to
fully electric battery powered solutions in the compact construction
equipment markets.
Moog Industrial: $6.2M (25%) from the electriﬁcation of recreational ATVs andon-highway motorcycles. Moog sells motors and electric drive sub-systems
and components that enable ATV and on-highway motorcycle OEM
manufacturers to replace their internal combustion powertrains withbattery-electric powered drivetrains.

RT-AE-410a.2

Fuel Economy &Emissions in
Use-phase

Description of approach anddiscussion of strategy toaddress fuel economy andgreenhouse gas (GHG)
emissions of products

Sustainability plays a prominent role in the development of business strategy
across Moog's various business units. Moog has a long history of replacing
legacy lower eﬃciency centralized ﬂuid power motion controls with highly
eﬃcient electrically powered motion controls across a range of demanding
aerospace, defense and industrial applications.
As a strategic supplier to the largest aircraft engine manufacturers, Moog is
supporting those companies in their transition to using Sustainable Aerospace
Fuels. As part of the Future Engine Technology for the Control of Hydrogen(FETCH) research program, Moog is developing hydrogen gas turbine fuelmetering systems and liquid hydrogen fuel system valves to enable net zeroaircraft. Moog is also investing in the development of hybrid and electric
propulsion systems to support the industry’s transition to net zero in 2050.
In response to customer demand, our Industrial Systems segment hasdeveloped a strategy sharply focused on energy eﬃciency. Investments weremade in an array of energy-eﬃcient products including on-demand power
solutions such as electro-hydrostatic pumps and ﬂoating piston pumps.
Investments have also been made in highly eﬃcient and cost-eﬀective
brushless motor and drive technologies.
Moog Construction has been working with large engineering, procurement,
and construction ﬁrms to automate material handling tasks found in large
utility scale solar power construction projects. These investments in
automation solutions could accelerate the adoption of utility scale power
generation from existing fossil fuel energy sources to renewable energy
sources and reduce harmful greenhouse gas emissions and do so in a highly
scalable manner.

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Sustainability Ambitions and SASB Disclosure

SASB Code
RT-AE-440a.1

Topic
Materials Sourcing

MetricDescription of the
management of risks
associated with the use ofcritical materials

Disclosure
Moog understands the inherent risk in the procurement of critical materials to
support the products we manufacture. Through our robust Supplier Selection
Process, our use of Risk Mitigation tools, and monitoring end-to-end supply
chain risk; Moog is taking a multi-faceted approach to continuity of supply.
Various replenishment methods across our operating groups allow for buﬀer
stock, kanban systems, lifetime buys, and vendor-managed programs tofurther maintain material availability. Our Conﬂict Minerals program aims toensure responsible sourcing of tungsten, tin, tantalum and gold (3TG) in ourdevelopment and production of product.

RT-AE-510a.1

Business Ethics

Total amount of monetarylosses as a result of legal
proceedings associated withincidents of corruption, bribery,
and/or illicit international trade

SEC Filings: Information on legal proceedings is disclosed in our Annual Reporton Form 10-K and in our Quarterly Reports on Form 10-Q.

RT-AE-510a.2

Business Ethics

Revenue from countries ranked
in the “E” or “F” Band of
Transparency International’s
Government Defence
Anti-Corruption Index$115.1M, 82% of which is sales into China.

RT-AE-510a.3

Business Ethics

Discussion of processes tomanage business ethics risks
throughout the value chain

Moog’s employees share a commitment to the highest standards of ethicalconduct, a vital responsibility for upholding its culture and values. We do morethan just comply with laws and regulations. All Moog employees are expected
to conduct themselves with integrity in dealing with each other, with our
suppliers, and with our customers. It is vital that each of the employees beaware of, and comply with, Moog's Statement of Business Ethics("SOBE"). Furthermore, Moog employees are expected to complete
Ethics training regularly.
If an employee has a concern that an activity or practice related to their workor the overall business of Moog may be unethical, their ﬁrst source of guidanceis expected to be their supervisor, any supervisor, then Human Resourcesmanager or the Moog Legal Department. If that does not prove satisfactory, oris impractical, Moog encourages employees to use one of two available
Hotlines to conﬁdentially report their concerns.
There will not be any retaliation against any person for calling either of these
hotlines. To the maximum extent feasible, a person’s identity will be kept in
conﬁdence during investigation and resolution of matters reported.

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Sustainability Ambitions and SASB Disclosure

SASB Code

Topic

MetricDisclosure
Anonymous contacts will be accepted, investigated, and resolved to the
maximum extent feasible without directly involving the individual who madethe report in the investigatory process or reported results.
The Moog Business Ethics Compliance Committee (“BECC”) is chartered to“provide guidance and oversee the policies and processes for ethical conduct
ensuring compliance with applicable laws, rules and regulations.” It is acompany-wide committee with operating group and corporate representationthat is accountable to the Moog executive team. BECC activities include:
monitoring and reporting on U.S. and International laws that requireestablishing, publishing, updating and maintaining Moog’s SOBE; providing all
employees with awareness training on the SOBE; operating the hotlines;
overseeing a monitoring system for identifying and addressing process orcompliance issues; and determining those issues that may require disclosure
to enforcement agencies.

RT-AE-000.A

Activity Metric

Production by reportablesegment

Necessary information to comply with the reporting requirement(s) is not yet
complete or validated. As an alternative, we have provided revenue
by reportable segment. Segment revenue is reported in our Annual
Report on Form 10-K for the year ended September 30, 2023> Item 8– Financial Statements and Supplementary Data > Note 21 – Segments.
We don’t currently have product by reportable segment.

RT-AE-000.B

Activity Metric

Number of employees

Headcount is reported in in our Annual Report on Form 10-K for the year
ended September 30, 2023> Item 1 – Business > Human Capital Resources

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Sustainability Ambitions and SASB Disclosure

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS
Moog Inc. (Moog or we) is publishing this report solely for
informational purposes for our stakeholders and to demonstrate
how we uphold our values through our business practices. We
share information about our Environmental, Social, andGovernance (ESG) eﬀorts through several channels—including
various reports and presentations, our website, press releases, andconversations with stakeholders. This report is designed tosummarize our ESG strategy, progress, and data for the ﬁnancial
year ended September 30, 2023, focusing on issues that we believe
are of interest to our stakeholders.
The report is intended to provide a high-level overview of our ESG
strategy and initiatives with selected examples; it is not acomprehensive description, a ﬁnancial report or a ﬁnancial
presentation, or legal summary of our ESG programs andinvolvements. Accordingly, this report should be read in
conjunction with our 2023 Annual Report on Form 10-K and any
subsequent Quarterly Reports on Form 10-Q (including the“Forward-Looking Statements” and “Risk Factors” sections in suchﬁlings), our 2023 Proxy Statement, and any subsequent ﬁlings with
the U.S. Securities and Exchange Commission (SEC), which can befound on our Investor Relations website at moog.com.

All information and reporting and performance data in this report isprovided for the ﬁnancial year ended September 30, 2023, unlessotherwise noted. ESG data and metrics in this report are notprepared in accordance with generally accepted accounting
principles (GAAP) or audited.
Any forecasts, projections, forward-looking statements, or othergoals discussed in this report are aspirational; as such, noguarantees or promises are made that any such goals will be met.
Information contained in this report may not be comprehensive or
up to date, and is subject to change without notice. Moog has no
obligation, does not assume any duty, and does not undertake toupdate the information or data in this report.
This report uses certain terms, including those that the SASB refers
to as “material” topics, to reﬂect the issues we believe are ofimportance to Moog and our stakeholders. Used in this context,
these terms are distinct from, and should not be confused with, theterms “material” and “materiality” as deﬁned by or construed inaccordance with securities law, the rules or regulations of the SEC,
or as used in the context of ﬁnancial statements and reporting.

This ESG Report and other information on our website is notincorporated by reference into, nor is otherwise a part of, any of our
SEC ﬁlings, except as may be expressly set forth by speciﬁc
reference.

Fiscal Year 2023

Shaping the way our world moves™