CONTENTS

  1. OUR APPROACH
  2. Who We Are
  3. Message From Our CEO
  1. Our Purpose and ESG Strategy
  1. Awards and Recognition

9 OUR ESG GOVERNANCE AND LEADERSHIP

  1. Message From Our ESG Leadership
  2. How We Govern ESG

14 Global Ethics, Integrity and Compliance

16 OUR PRODUCTS

17 Innovation and Design for Sustainability

  1. Products Delivering Performance and Dependability
  1. Materials Use and Impacts
  1. Responsible Sourcing

34 OUR PLANTS AND OPERATIONS

  1. Improving Life at Home Starts in Our Facilities
  2. Greenhouse Gas (GHG) Emissions (Scopes 1 and 2)
  1. Meeting Our Climate Challenge Goal Well Ahead of Schedule
  2. Energy Management
  3. Waste Management
  4. Water Management
  1. Biodiversity
  2. Occupational Health and Safety

47 OUR PEOPLE AND OUR COMMUNITIES

  1. Caring For Our People and Our Communities
  2. Employee Engagement and Workplace Culture
  1. Inclusion and Diversity
  1. Local Communities

64 APPENDIX

  1. Identifying Material ESG Topics and Stakeholders
  1. About This Report
  2. Corporate Policies Disclosure
  1. External Limited Assurance
  1. GRI Index
  1. TCFD Index
  1. SASB Disclosure
  2. Sustainability Report Data Appendix
  1. Forward-LookingStatements

OUR APPROACH

In constant pursuit of improving life at home.

IN THIS SECTION:

  1. Who We Are
  2. Message From Our CEO
  1. Our Purpose and ESG Strategy
  1. Awards and Recognition

Whirlpool Corporation | 2023 Sustainability Report

OUR APPROACH

OUR ESG GOVERNANCE AND LEADERSHIP

OUR PRODUCTS

OUR PLANTS AND OPERATIONS

OUR PEOPLE AND OUR COMMUNITIES

APPENDIX

WHO WE ARE

Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com

OUR

OUR

VISION

MISSION

Be the best kitchen and laundry

Earn trust and create

company, in constant pursuit

demand for our brands

of improving life at home.

in a digital world.

OUR

VALUES

The driving force behind everything we do, our values were with us

from the beginning. They are the heart of our success. They guide

how we lead and run our business and keep us grounded as we

work to serve and achieve our vision.

INTEGRITY

RESPECT

INCLUSION

& DIVERSITY

ONE

SPIRIT OF

WHIRLPOOL

WINNING

SALES BY REGION

(in percent)

59% North America

19% Europe, Middle East

and Africa

17% Latin America

5% Asia

SALES BY CATEGORY

(in percent)

30% Refrigeration

27% Laundry Appliances

24% Cooking Appliances

19% Dishwashing and Other

$19B

Annual Sales

2

Whirlpool Corporation | 2023 Sustainability Report

OUR APPROACH

OUR ESG GOVERNANCE AND LEADERSHIP

OUR PRODUCTS

OUR PLANTS AND OPERATIONS

OUR PEOPLE AND OUR COMMUNITIES

APPENDIX

MESSAGE FROM OUR CEO

Over the past two years, Whirlpool has transformed our portfolio to focus on higher-margin and higher-growth businesses, and is focused on leveraging the strength and opportunities of our unique brand portfolio."

MARC BITZER

Chairman and CEO,

Whirlpool Corporation

In all that we do, Whirlpool Corporation is guided by our history. Over more than a century in business we've responded to the conditions and challenges of the day - while also imagining how our products can set the stage for the future.

A long tradition of innovation

To take just one example, Upton Machine Company - the business that would one day become Whirlpool Corporation - introduced the first electric motor-driven wringer washing machines in 1911, unlocking a step-change in how families spent their time at home. Six decades later, the technology had advanced and so had we. We transitioned to fully automatic washing machines that provided consumers with even more ease and convenience. Another generation after that, in 1998, Whirlpool launched the Resource Saver washer, an industry-first energy- and water-efficienttop-load machine. The average clothes washers built today use nearly 78% less energy than those built in 1992, while their capacity has increased by 60%. These appliances are also manufactured more sustainably than ever before, in facilities that use less energy and water and generate less waste.

Beyond innovating new products for consumers, we've also adapted our business over time to win in the marketplace. Over the past two years, Whirlpool has transformed our portfolio to focus on higher-margin and higher-growth businesses, and is focused on leveraging the strength and opportunities of our unique brand portfolio. Underlying this transformation is a mindful consideration of environmental, social and governance (ESG) issues. We believe that executing on priorities like reducing waste, increasing transportation efficiency and fostering a strong, safe and engaged workforce will not only enhance our environmental and social performance - but also they will improve our margins and business growth.

2023 offers numerous examples of this continuous spirit of innovation. We announced our breakthrough SlimTech insulation technology, which will soon allow us to reduce the thickness of JennAir and KitchenAid refrigerator walls. This means refrigerators with potential for greater storage capacity, less energy use and quieter operation - as well as insulation materials that can be recycled at the end of an appliance's life. We'll build these appliances at our newly expanded

3

Whirlpool Corporation | 2023 Sustainability Report

OUR APPROACH

OUR ESG GOVERNANCE AND LEADERSHIP

OUR PRODUCTS

OUR PLANTS AND OPERATIONS

OUR PEOPLE AND OUR COMMUNITIES

APPENDIX

plant in Ottawa, Ohio, where our investments have created over 100 additional jobs. We're also making steady progress toward our Net Zero scopes 1 and 2 emissions target by 2030, as well as embedding principles of circularity into the design of our products from the start.

What a better life at home means to us

Whirlpool Corporation's enduring vision is to improve life at home, and we mean these words in every sense. We improve life at home when we create products that are safe, efficient and convenient to use, taking the hassle out of everyday tasks. We do it when we focus on our employees' safety and well-being, providing them with roles that bring fulfillment and purpose to their work. And we do it when we help people achieve their dreams of moving into a home for the first time or help their homes to be climate change-resilient (Learn more about this work with Habitat for Humanity on p. 62).

Just as our past laid the foundation for where we are today, our actions in 2023 position us for further progress in the years to come. Over the past year, we:

  • Reduced our scopes 1 and 2 market-based greenhouse gas (GHG) emissions by ~25% compared to 2022
  • Operationalized two virtual power purchase agreements, which, when fully operational, are expected to cover 100% of the electricity consumed by our U.S. sites
  • Achieved zero waste to landfill (ZWtL) Gold level at two new manufacturing sites and maintained ZWtL Gold or Platinum Level at all other global manufacturing sites
  • Donated $144 million and over 242,000 products to Habitat for Humanity
  • Completed 143 climate-resilient and energy-efficient builds through Habitat's
    BuildBetter with Whirlpool initiative

In this 2023 Sustainability Report, you can learn more about all of these initiatives - along with many other ways that we continue to build a business that is more sustainable and improves lives at home, as well as on our planet, for generations to come.

Sincerely,

Marc Bitzer

Reduced scopes 1 and 2 market-based GHG

emissions by

~25%

compared to 2022

100%

of Whirlpool global manufacturing sites achieved ZWtL

Completed

143

climate-resilient and energy-efficient builds in partnership with Habitat for Humanity

Chairman of the Board and Chief Executive Officer

4

Whirlpool Corporation | 2023 Sustainability Report

OUR APPROACH

OUR ESG GOVERNANCE AND LEADERSHIP

OUR PRODUCTS

OUR PLANTS AND OPERATIONS

OUR PEOPLE AND OUR COMMUNITIES

APPENDIX

OUR PURPOSE AND ESG

STRATEGY

Since the founding of our company over 110 years ago, we have lived by our vision of improving life at home. Guided by our core values, we work to develop innovative products that save time and eliminate work for consumers, lessen environmental impact and support our employees and communities, all while delivering significant, long-term value for our shareholders.

Our ESG strategy is an integral part of our long-term, globally aligned strategic imperatives and operating priorities - and has been for several decades. Over 50 years ago, former Whirlpool president Elisha "Bud" Gray noticed discarded material and excess waste on the assembly line that concerned him, and in response noted in a letter to the shareholders, "We have long held that no business can separate itself from the affairs and problems of the society of which it is

a part and hope to grow and prosper." Gray proceeded to establish the Office of Environment in 1970. This office provided a means to set aggressive environmental standards across all operations. We continue this legacy of pursuing sustainability in the company's products and processes by seeking to broaden our commitments to ESG efforts and advancing our goal of making life in our homes, communities and operations better today and in the future.

IMPROVING LIFE AT HOME THROUGH:

Sustainable Products

and Operations

Creating shared value throughout the product life cycle and committing to Net Zero scopes 1 and 2 emissions by 2030

Supporting Our People

Investing in resources to help care for our employees, consumers and communities

Doing the Right Thing

Holding ourselves accountable and maintaining robust policies, procedures and systems so we can live by our values

5

OUR PEOPLE AND OUR COMMUNITIES

Whirlpool Corporation | 2023 Sustainability Report

OUR APPROACH

OUR ESG GOVERNANCE AND LEADERSHIP

OUR PRODUCTS

OUR PLANTS AND OPERATIONS

APPENDIX

Our Value Chain

As we pursue our mission of improving life at home for consumers through our products, we also have an opportunity to improve how those products are designed, engineered, manufactured, used and treated at their end-of-life. From the design phase through repair and refurbishment, we are committed to delivering the best-quality products available and supporting our consumers throughout the product life cycle. Innovation, design and a

OUR PRODUCTS

focus on performance excellence set the Whirlpool product portfolio apart. Our products are designed to perform as expected by consumers, while at the same time continuously becoming more efficient and better for the environment. Everything we do is built on a foundation of reliability and quality, keeping homes running smoothly so our consumers can spend time on what matters to them.

The Life Cycle of Our KitchenAid Small Appliances

In 2023, we performed a life cycle analysis for our KitchenAid small appliance products, including the stand mixer, blender and food processor. The KitchenAid results demonstrate how we bring our sustainable management practices to life throughout the product life cycle and product value chain.

Product Safety

Leading product safety practices industry- wide through proactive, robust testing and swift response to uncovered issues

Product Quality

Striving for excellence at every level of product performance - durability, craftsmanship, reliability, delivery, installation and service

Circular Economy

Repairing, refurbishing and recycling products to reduce waste and contribute to a circular economy

Local Communities

Helping our communities improve life at home through employee engagement, product donation and signature charities' programs

Our certified refurbished

program for KitchenAid stand

mixers aims to have our products perform like new, while avoiding waste and reusing as many high-quality parts as possible.

6

Whirlpool Corporation | 2023 Sustainability Report

OUR APPROACH

OUR ESG GOVERNANCE AND LEADERSHIP

OUR PRODUCTS

OUR PLANTS AND OPERATIONS

OUR PEOPLE AND OUR COMMUNITIES

APPENDIX

OUR SUPPLIERS

OUR OPERATIONS AND EMPLOYEES

Innovation and Design for Sustainability

Designing quality products that are good for our consumers and for the planet

Materials Use and Impact

Responsibly sourcing safe and sustainable materials and increasing transparency around the materials used in our products

Responsible Sourcing

Choosing partners that align with Whirlpool values and abide by our high ethical and compliance standards

We are collaborating with our suppliers to launch expanded polystyrene (EPS)-free packaging for select products in the KitchenAid line by 2025.

Sustainable Operations

Ensuring we manage our water, waste, energy, carbon emissions and impact on biodiversity of our operations

Occupational Health and Safety Reducing risk in our workplace through proactive engagement with employees and contractors

Inclusion and Diversity

Creating a culture in which all people can thrive, both our employees and the members of communities in which we operate

KitchenAid products are manufactured at our Greenville, Ohio, site, a facility that generates more than 70% of its electricity needs from renewable sources (wind energy) and is a self-certified Gold ZWtL facility.

The site has improved safety key performance and activity indicators, implementing strong

countermeasures and significantly improved ergonomics to help keep employees safe and healthy.

7

Whirlpool Corporation | 2023 Sustainability Report

OUR APPROACH

OUR ESG GOVERNANCE AND LEADERSHIP

OUR PRODUCTS

OUR PLANTS AND OPERATIONS

OUR PEOPLE AND OUR COMMUNITIES

APPENDIX

AWARDS AND RECOGNITION

We are proud to have been recognized for our efforts this past year. Our commitment to a healthy and equitable workplace, social responsibility and environmental sustainability has guided

our approach.

For over 110 years, improving life at home has been central to our corporate purpose.

These honors are a testament to the work of our 59,000 employees around the globe who strive every day to bring that same purpose to life in our products, workspaces and communities."

MARC BITZER

Chairman and CEO

of Whirlpool Corporation

2023 AWARDS AND RECOGNITION

DOW JONES SUSTAINABILITY WORLD INDEX Second consecutive year

2023-2024 CORPORATE EQUALITY INDEX (CEI) Score of 100 from the Human Rights Campaign Twentieth consecutive year

A TOP COMPANY FOR EXECUTIVE WOMEN

BEST COMPANIES FOR MULTICULTURAL WOMEN LEADING INCLUSION INDEX ORGANIZATION Seramount

50 BEST COMPANIES TO SELL FOR Selling Power

BEST PLACE TO WORK FOR DISABILITY INCLUSION Disability Equality Index, 100 percent score Seventh consecutive year

BEST COMPANIES TO WORK FOR U.S. News & World Report

iF DESIGN AWARD

Whirlpool, Hotpoint and KitchenAid Brands

GLOBAL RepTrak 100

Eleventh consecutive year

WORLD'S MOST ADMIRED COMPANIES

Fortune

Thirteenth consecutive year

AMERICA'S MOST JUST COMPANIES

JUST Capital

MOST INNOVATIVE IN THE HOUSEHOLD -

KITCHEN PRODUCTS CATEGORY

Pro Tool Innovation Award (PTIA), InSinkErator Brand

THE BEST WALL OVENS

Wirecutter, JennAir Brand

THE BEST LUXURY KITCHEN APPLIANCES AND BRANDS, ACCORDING TO TESTING

Good Housekeeping, JennAir Brand

CLEANING & ORGANIZING AWARDS - GOOD HOUSEKEEPING 2023 - PURR-FECT WASHER Good Housekeeping, Maytag Brand

BEST WASHER-AND-DRYER SETS OF 2023 - BEST FOR PETS Popular Science, Maytag Brand

BEST DRYERS OF 2023 - BEST FOR PET OWNERS Reviewed, Maytag Brand

BEST AGITATOR TOP LOAD WASHERS OF 2023 - OTHER TOP LOAD AGITATORS

Reviewed, Maytag Brand

BEST DISHWASHERS

Wirecutter, Maytag Brand

THE 9 BEST ELECTRIC RANGES FOR ALL KITCHEN STYLES AND COOKING NEEDS

Better Homes & Gardens, Whirlpool Brand

THE 8 BEST FRONT-LOADING WASHERS OF 2023 FOR QUICK AND EASY - AND INCREDIBLY CLEAN - LAUNDRY Better Homes & Gardens, Whirlpool Brand

TOP OF MIND 2023

Folha de São Paulo, Brastemp and Consul Brands

8

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Whirlpool SA published this content on 04 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2024 18:33:05 UTC.