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CORPORATE CITIZENSHIP AND SUSTAINABILITY

Purpose-driven corporate responsibility for the greater good

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GLOBAL CORPORATE CITIZENSHIP — A LEGACY COMMITMENT

At Medtronic, corporate responsibility has its roots in our Mission, a set of six tenets that cofounder Earl Bakken wrote in 1960 to define the company’s purpose and its path forward. The first tenet calls us to “contribute to human welfare,” and another to “maintain good citizenship as a company.” Simple words from long ago, yet visionary when you consider the recent global demand on businesses to create value for all stakeholders.

More than 60 years later, the Medtronic Mission fuels our employee engagement, giving employees a shared sense of purpose and providing a consistent set of guiding principles for how we operate as a company. It is the heart of our company culture around the world and the reason why corporate citizenship remains embedded in our business, extended by our employees, and multiplied by our partners.

Employee engagement translates to more than 90,000 employees in 150+ countries working every day to show up as a company that adds value to society, promotes environmental stewardship, supports a global workforce, and works responsibly.

2020 Report Summary

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2020 Integrated Performance
Report

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PRIORITIZING CORPORATE SUSTAINABILITY — FROM INSPIRATION TO ACTION

Maintaining good corporate citizenship requires action. It requires focusing on our holistic financial and social impacts and our environmental stewardship. And, we’re up to that challenge.

Our global sustainability initiatives ensure we continue as a purpose-driven company for global good. Through planning, strategic thinking, and a passionate drive to act responsibly, we are constantly balancing our many priorities with our Mission in mind.

We support the United Nations Sustainable Development Goals¹ to achieve “peace and prosperity for people and the planet.” We are focused on the goals where we can have the greatest impact.

SUSTAINABILITY PERSPECTIVE

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Medtronic Mission	Our Material Sustainability Issues	United Nations Sustainable Development Goals Alignment
Tenet 1: Contribute to human welfare by alleviating pain, restoring health and extending life. Tenet 2: Direct growth in areas of biomedical engineering through education and knowledge assimilation.	Innovation & Access Integrated Care
Tenet 3: Strive without reserve for the greatest possible reliability and quality in our products and being recognized as a company of dedication, honesty, integrity, and service.	Product Quality & Safety Technology & Device Security Data Privacy & Security Ethics in Sales & Marketing Corruption & Bribery Transparency
Tenet 4: Make a fair profit by meeting our obligations, sustaining our growth, and reaching our goals.	Affordability & Fair Pricing Climate Risk & Resilience Responsible Supply Management Product Stewardship
Tenet 5: Recognize the personal worth of all employees by advancing opportunity.	Inclusion & Diversity Talent
Tenet 6: Maintain good citizenship as a company.	As a good corporate citizen we use all of our resources, including philanthropy and community investment, to address our material ESG Issues.