Trimble conducted a competitive benchmarking and materiality assessment to assess the most important ESG issues to our stakeholders and to the Company. The process included a benchmarking of competitors/peers, analysis of frameworks, and an internal survey of functions that interact regularly with external stakeholders. The materiality assessment led to the identification of selected focus topics, including:

• Economic
  • Shareholder value and return
• Trimble Solutions
  • Innovation
  • End-market solution contributions
• People
  • Employee training and education
  • Diversity and equal opportunity
  • Occupational health and safety
• Governance, Compliance, Ethics
  • Brand and company reputation
  • Data security and customer privacy
  • Ethics and values
  • Supply chain management
• Environment
  • Energy and Emissions