Table of Contents A Message from Our President and CEO ...............................................1 Employee Giving .....................................................................................................14 Employee Giving Campaign ..........................................................................14 About This Report ......................................................................................2 Denim Impact Fund .......................................................................................14 About StanCorp Financial Group, Inc., and The Standard...................2 Feature: Denim Impact Partner Uses Funds to Prioritize Student Safety .......14 Volunteerism ...........................................................................................................15 Social Focus ...............................................................................................3 Volunteer Expo ..............................................................................................15 Investing in Our Employees .......................................................................................4 Board Service ...............................................................................................15 Talent Attraction, Retention and Development...........................................................4 Investments and Tax Credit Investment Programs ..................................................16 Total Rewards ...........................................................................................................4 ESG Bonds ...................................................................................................16 The Standard’s Commitment to DEI.......... .......................................................................5 Targeted Tax Credit Programs .......................................................................16 Our Customer Focus .......................................................................................5 New Market Investments ...............................................................................16 Our Employee Focus .......................................................................................5 Opportunity Zone Investment — Crenshaw Lofts Project ............................. 17 Our DEI Achievements ...................................................................................6 Environmental Focus...............................................................................18 Our Vision .......................................................................................................6 Championing Sustainability ...........................................................................19 Diversity, Equity and Inclusion Steering Committee .........................................6 Feature: Trash and Recycling Centralization Project Reduces Waste ............19 Feature: Black Insurance Industry Collective ...................................................6 Energy ...........................................................................................................19 Feature: Morgan State Actuarial Scholarship Program ....................................7 Active Transportation .....................................................................................20 Feature: Human Rights Campaign Foundation’s Corporate Equality Index ......8 Water ............................................................................................................20 Employee Resource Groups .....................................................................................8 Feature: Printer Consolidation — Reducing Expense and Paper Usage........20 ERGs Making a Difference — Spotlight on Programming ...............................9 United Nations Sustainable Development Goals .....................................................10 Climate ..........................................................................................................20 Communities ...........................................................................................................10 Travel ...................................................................................................20 Giving and Other Key Data Points .................................................................10 Buildings .............................................................................................20 Community Partner Spotlight — Native American Youth Climate Change.............................................................................................21 2021 Greenhouse Gas Emissions .......................................................21 and Family Center ......................................................................................... 11 Supplier Diversity .................................................................................................... 11 Enterprise Risk Management: Focused on Climate Change ................22 Diverse Supplier Spotlight ............................................................................. 11 Meiji Yasuda Group Sustainability Policy .......................................................22 Corporate Giving .....................................................................................................12 Governance Focus...................................................................................24 Healthy Communities ....................................................................................12 Responsible Investing ...................................................................................24 Disability and Empowerment .........................................................................12 Business Conduct Guide ..............................................................................24 Cultural Development ....................................................................................12 Information Security and Customer Privacy ...................................................24 Education and Advancement ........................................................................13 Board of Directors .........................................................................................25 The Standard Charitable Foundation ......................................................................13