2022 Environmental Social Governance (ESG) Report

SOCIAL

SUPPLIER DIVERSITY

others.

Our Supplier Diversity Program continued to expand and mature in 2022. For example, our Supplier Diversity Advisory Council (SDAC), which consists of procurement professionals and senior leadership from our service lines, expanded its efforts in 2022. The SDAC provides advocacy and guidance on the Supplier Diversity Program initiatives and jointly works to help ensure the program moves toward industry best practices with eyes on constant innovation. In 2022, the SDAC implemented a Diverse Supplier Buddy Program, with the goal of helping service line leaders partner with diverse suppliers to create opportunities for increased spend with our existing diverse supplier base and add new diverse suppliers to our ranks. In 2022, we also established a global project team to spearhead our efforts around our International Supplier Diversity Program. The international program focuses on coordinating internal region-specific responses to differences in characteristics considered to be the basis for diversity, demographics, local rules and regulations, and partner organizations. Thus far, the team has worked on documentation of supplier diversity classifications, diverse supplier spend data management, and enhancing Cushman & Wakefield’s overall supplier diversity strategy on a global scale. Cushman & Wakefield focused on encouraging new diverse suppliers to enter our ecosystem this year through our Supplier Registration Portal . This portal allows suppliers to provide information to be considered for opportunities with our firm and helps us ensure diverse suppliers are properly certified. Because of our efforts, we were able to add over 1,000 diverse suppliers to our potential supplier network over the last year. During the year, we also increased the use of technology tools to assist in our Supplier Diversity

WHAT IS SUPPLIER DIVERSITY?

Cushman & Wakefield is committed to supporting economic development and advancing equity in our communities through our Supplier Diversity Program. This program is integral to both our company’s operating and DEI strategies. Through the Supplier Diversity Program, we identify opportunities to engage and work with diverse suppliers such as minority-, women-, veterans-, LGBTQ+- and disability-certified businesses and WHAT IS TIER I AND TIER II SUPPLIER DIVERSITY SPEND? > Tier I suppliers sell products directly to a buyer. The suppliers who receive direct payments from Cushman & Wakefield are tier I suppliers. > Tier II suppliers provide tier I suppliers with products or services that are sold to a buyer. Tier II suppliers receive payment from the tier I company for the products or services provided to Cushman & Wakefield. > Supplier diversity is the procurement of goods and services for business, with the proactive intention of including diverse vendors for consideration in the supplier selection process. WHO QUALIFIES AS A DIVERSE SUPPLIER? > A business that is at least 51% owned and operated by a historically underrepresented or underserved individual or group qualifies as a diverse supplier.

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