GOVERNANCE At Marsh McLennan, strong governance practices drive our business and are the foundation of our company. We’re committed to upholding best practices in IN THIS SECTION corporate governance, conducting ourselves ethically, and earning and keeping the confidence of our shareholders. Our ESG initiatives are built upon our dedication to strong governance. 46 Corporate governance 49 Enterprise risk management Highlights 51 Ethics and compliance 54 Cybersecurity and data privacy Internal 56 Leading the way on government relations 59 Sharing our expertise on governance issues Reached initial goal of 30% women representation on our Board of Directors. Introduced a new Financial Crime training to safeguard Marsh McLennan against illegal activity and the risks posed by sanctions, corruption, and money laundering. Strengthened our cybersecurity capabilities and developed a multi-year plan to further mature our program. External Marsh developed the ESG Risk Rating (ERR) tool to help clients self-assess the maturity of ESG within their organizations. President & CEO, John Doyle, met with the Office of the National Cyber Director to discuss the insurance industry’s important role in enhancing global cybersecurity. Our Government Relations team engaged the US Treasury and the US Federal Insurance Office regarding the (re)insurance market in Ukraine and how to support Ukrainian grain exports and global food security. Overview Environment Social Governance Appendix 2022 ESG REPORT 45