VERIFICATION OPINION DECLARATIONGREENHOUSE GAS EMISSIONS
To: Stakeholders of Dolby Laboratories, Inc.

Apex Companies LLC, (Apex) was engaged to conduct an independent verification of the greenhouse gas (GHG)
emissions reported by Dolby Laboratories, Inc. (Dolby) for the period stated below. This Verification Opinion applies
to the related information included within the scope of work described below.
The determination of the GHG emissions is the sole responsibility of Dolby. Dolby is responsible for the preparationand fair presentation of the GHG statement in accordance with the criteria. Apex’s sole responsibility was to provide
independent verification on the accuracy of the GHG emissions reported and on the underlying systems andprocesses used to collect, analyze, and review the information. Apex is responsible for expressing an opinion on theGHG statement based on the verification. Verification activities applied in a limited level of assurance verification areless extensive in nature, timing, and extent than in a reasonable level of assurance verification.
Boundaries of the reporting company GHG emissions covered by the verification:•Operational Control•Worldwide

Types of GHGs: CO2, N2O, CH4, HFCs
GHG Emissions Statement:•Scope 1: 922 metric tons of CO2 equivalent•

Scope 2 (Location-Based): 4,410 metric tons of CO2 equivalent•

Scope 2 (Market-Based): 3,000 metric tons of CO2 equivalent•

Scope 3:oPurchased Goods and Services: 28,151 metric tons of CO2 equivalentoCapital Goods: 5,257 metric tons of CO2 equivalentoFuel and Energy Related Activities:oLocation-Based: 1,951 metric tons of CO2 equivalentoMarket-Based: 971 metric tons of CO2 equivalent

oUpstream Transportation and Distribution: 4,601 metric tons of CO2 equivalentoBusiness Travel: 3,754 metric tons of CO2 equivalentoUse of Sold Products: 31,458 metric tons of CO2 equivalent

Data and information supporting the Scope 1, Scope 2, and Scope 3 GHG emissions assertion were historical innature for the most part. In some cases, data were estimated rather than historical in nature.
Period covered by GHG emissions verification:•September 25, 2021 to September 30, 2022

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Criteria against which verification was conducted:•World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD)
Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard (Scope 1 and 2)•WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard

Reference Standard:•

ISO 14064-3 Second Edition 2019-04: Greenhouse gases -- Part 3: Specification with guidance for theverification and validation of greenhouse gas statements

Level of Assurance and Qualifications:•Limited•

This verification used a materiality threshold of +/-5% for aggregate errors in sampled data for each of theabove indicators

GHG Verification Methodology:
Evidence-gathering procedures included but were not limited to:•Interviews with relevant personnel of Dolby and their consultant;•Review of documentary evidence produced by Dolby;•Review of Dolby data and information systems and methodology for collection, aggregation, analysis andreview of information used to determine GHG emissions; and•

Audit of sample of data used by Dolby to determine GHG emissions.

Verification Opinion:
Based on the process and procedures conducted, there is no evidence that the GHG emissions statement shownabove:•is not materially correct and is not a fair representation of the GHG emissions data and information; and•has not been prepared in accordance with the WRI/WBCSD GHG Protocol Corporate Accounting andReporting Standard (Scope 1 and 2), and WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain
Accounting and Reporting Standard (Scope 3).

It is our opinion that Dolby has established appropriate systems for the collection, aggregation and analysis ofquantitative data for determination of these GHG emissions for the stated period and boundaries.
Statement of independence, impartiality and competenceApex is an independent professional services company that specializes in Health, Safety, Social and Environmental
management services including assurance with over 30 years history in providing these services.
No member of the verification team has a business relationship with Dolby, its Directors or Managers beyond that
required of this assignment. We conducted this verification independently and to our knowledge there has been noconflict of interest.
Apex has implemented a Code of Ethics across the business to maintain high ethical standards among staff in their
day-to-day business activities.

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Page 3The verification team has extensive experience in conducting assurance over environmental, social, ethical andhealth and safety information, systems and processes, has over 20 years combined experience in this field and an
excellent understanding of Apex’s standard methodology for the verification of greenhouse gas emissions data.
Attestation:

Mary E. Armstrong-Friberg, Lead VerifierJohn Rohde, Technical Reviewer

ESG – Program Manager

Program Manager

Apex Companies, LLC

Apex Companies, LLC

Cleveland, Ohio

Lakewood, Colorado

April 14, 2023

This verification opinion declaration, including the opinion expressed herein, is provided to Dolby Laboratories, Inc. and is solely forthe benefit of Dolby Laboratories, Inc. in accordance with the terms of our agreement. We consent to the release of this opinion by
you to CDP in order to satisfy the terms of CDP disclosure requirements but without accepting or assuming any responsibility orliability on our part to CDP or to any other party who may have access to this opinion.

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