Operating Sustainably

Sustainability is deeply embedded in Ross’ culture, reflecting our commitment to treating the environment with respect and supporting the communities we serve. For decades, we have worked hard to eliminate waste and inefficiency from our operations, which also serves to reduce our impact on the environment. Moving forward, we will continue to elevate our sustainability ambitions to increase transparency and help create a sustainable future for all, while also delivering value to our Customers.

In 2023, we demonstrated our commitment to transparency by participating in the CDP 2023 Climate Change Questionnaire, receiving a score of B on our disclosure.*

We also made progress on our greenhouse gas (GHG) emissions reduction efforts, which include:**

• A near-term target to reduce Scope 1 and 2 GHG emissions by 30 percent per total square foot by 2025 versus a 2017 baseline
• A science-aligned interim target to reduce our absolute Scope 1 and 2 emissions by 42 percent by 2030 against a 2021 baseline
• An ambition to reach net-zero GHG emissions by 2050 or sooner

We are continuing to explore strategies to reduce emissions while also creating business value. We look forward to sharing our progress on GHG reduction and other aspects of our environmental sustainability efforts in our public disclosures, such as the CDP Questionnaire and future CSR Reports.

*CDP, formerly Carbon Disclosure Project, is a nonprofit that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts.

**We have organized our GHG emissions to align with the Greenhouse Gas Protocol’s scope definitions. Scope 1 emissions are from sources that are owned or controlled by Ross. Scope 2 emissions are from the generation of energy and electricity purchased by Ross. Scope 3 emissions are from sources not owned or controlled by Ross.

Our Focus

Ross understands that the health of our Company and the communities we serve is directly linked to the health of our environment. Environmental sustainability is an important issue for all businesses to consider, and our sustainability strategy is informed by the specific nature of our operations.

We conducted an assessment to determine which environmental sustainability issues are most important to our Associates, other stakeholders, and broader communities. We concluded that Ross’ most critical areas of opportunity in our operations are GHG emissions, energy use, and waste. While water is not a significant area of impact for Ross, we are aware of the importance of water conservation and have programs in place to be efficient in our water usage.

Program Oversight

We have established program governance to ensure that our environmental sustainability strategy is aligned with our business strategy and has adequate support and guidance to be successful.

Our Board of Directors exercises general oversight of our sustainability program and climate risks and has delegated the primary oversight responsibility to the Audit Committee. This Committee receives regular reports on the Company’s environmental sustainability efforts.

Ross has also established the cross-functional Environmental Sustainability Steering Committee (ESSC), which is comprised of senior leaders from across the Company, including from the Store Operations, Supply Chain, Property Development, Finance, Indirect Procurement, and Legal teams. The ESSC is responsible for identifying and managing risks and opportunities associated with climate change, informing and endorsing GHG emissions and waste reduction strategies, and identifying and supporting projects in pursuit of achieving those strategies. Additionally, the ESSC provides input to a dedicated Sustainability team and aligns Ross’ sustainability program with our overall business strategy.

Business unit leaders who implement and oversee energy efficiency, energy management, and waste minimization efforts across the Company are critical members of our sustainability program. Our management provides updates about these environmental and social efforts and initiatives as part of its regular reports to the Audit Committee.