Panera #1002

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

(Aluminum Ammonium Sulfate Aluminium Potassium Sulfate)

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

(GMP)

Ask what it is made with. The menu does not list the ingredients.

(IMP)

Ask what it is made with. The menu does not list the ingredients.

(Calcium Disodium EDTA/ Disodium Dihydrogen EDTA)

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

(Glycerol and

Ask whether the glycerol is plant-derived.

Polyglycerol Esters)

Ask what it is made with. The menu does not list the ingredients.

(Sucrose Polyester

Ask what it is made with. The menu does not list the ingredients.

Concentrate)

Ask what it is made with. The menu does not list the ingredients.

(Mono, Di & Triglycerides, all forms)

Ask what it is made with. The menu does not list the ingredients.

Ask whether it is cooked in butter or a meat stock rather than oil.

Ask what it is made with. The menu does not list the ingredients.

(HFCS)

Ask whether it is cooked in butter or a meat stock rather than oil.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask whether it is cooked in butter or a meat stock rather than oil.

Ask what it is made with. The menu does not list the ingredients.

Ask whether the l-cysteine is plant-derived.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

(TBHQ)

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask whether the glycerol is plant-derived.

Ask what it is made with. The menu does not list the ingredients.

A Note from Niren Chaudhary, CEO b

Ask what else goes into it besides what the menu lists.

ƒ The Panera Way Our Stakeholders Our DEI Focus Our Results

Ask what it is made with. The menu does not list the ingredients.

ƒ B

Ask what it is made with. The menu does not list the ingredients.

ƒ B Creating the World We Want to See bb Our Progress

Ask what it is made with. The menu does not list the ingredients.

Make personal connections and eliminate barriers to exceed guests’ expectations Anticipate guests’ needs and get it right the first time If things go wrong, act urgently to resolve guest issues and rebuild trust

Ask what else goes into it besides what the menu lists.

Ask what it is made with. The menu does not list the ingredients.

Dream freely outside the constraints of our resources Be curious – have the courage to try new things and take bold actions Lead with head and heart insights that combine data and instincts

Ask what else goes into it besides what the menu lists.

Offer solutions, not problems Focus on what we can control and hold ourselves and others accountable Take ownership of our decisions and the outcomes

Ask what else goes into it besides what the menu lists.

Be vulnerable – ask for help, offer support and have each other’s back Speak with courage, listen with curiosity and disagree with respect Once we agree to a decision commit to execute and own it fully

Ask what else goes into it besides what the menu lists.

Create energy through positive spirit and fun Recognize and reward performance done the right way Coach and inspire each other to unlock our full potential

Ask what else goes into it besides what the menu lists.

Always assume positive intent and believe in people Deliver candid feedback with compassion Foster an environment of diversity openness and equity

Ask what else goes into it besides what the menu lists.

At Panera, we are committed to delivering exceptional service that engenders fierce brand love. This starts with Warmth for Guests, one of our guiding values, and ensuring all guests are treated with respect, fairness and kindness

Ask what else goes into it besides what the menu lists.

Our associates are the heart and soul of Panera. We are committed to creating a diverse, equitable and inclusive environment in which all associates are respected, celebrated for being their best authentic selves and inspired to reach their full potential J@rl

Ask what else goes into it besides what the menu lists.

Our Franchise partners, who operate about 53% of our more than 2,100 Panera bakery-cafes, are crucial in delivering an elevated experience for guests and associates, advancing our DEI strategy and achieving our mission of One Panera for a Healthier and Happier World

Ask what else goes into it besides what the menu lists.

We are committed to extending our Panera warmth beyond the walls of our bakery-cafes, support centers and FDFs and into our local and national communities through donations, fundraising and grant opportunities l1 We believe Panera has a responsibility to protect our natural resources and limit our environmental impact. In 2021

Ask what else goes into it besides what the menu lists.

We believe

Ask what it is made with. The menu does not list the ingredients.

Creating value is the output of doing the right things the right way. By taking care of our associates and guests and serving our communities, our purpose reinforces our profits. People want to work for companies with purpose, consumers want to buy from them and investors want to invest in them. Our shareholders sustain us and we sustain them

Ask what else goes into it besides what the menu lists.

Representation in leadership

Ask what else goes into it besides what the menu lists.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Commitments that bring it to life

Ask what it is made with. The menu does not list the ingredients.

Culturter ansformation commitmentotbs u ildf oundatwiohni let hinkinbgo ldt houghts takinbgr avaec tion

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Meaning that our DEI agenda is firmly entrenched in our business practices viewed as a growth enabler and championed by our leadership. In addition, our

Ask what else goes into it besides what the menu lists.

Ask what it is made with. The menu does not list the ingredients.

ƒ Three-year vision for DEI

Ask what it is made with. The menu does not list the ingredients.

ƒ Commitment to track supplier diversity spend

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Is based on three primary commitments

Ask what else goes into it besides what the menu lists.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

With Community outreach

Ask what it is made with. The menu does not list the ingredients.

All three as we work to create the world we want to see

Ask what it is made with. The menu does not list the ingredients.

In initiatives to enable its portfolio companies to exchange best practices including through the quarterly held ESG

Ask what it is made with. The menu does not list the ingredients.

Monthly, sharing structured processes for integrating brand-centric DEI strategies into our businesses to extend the reach of our impact. Pamela Morris-Thornton is a co-leader of this group

Ask what else goes into it besides what the menu lists.

Ask what it is made with. The menu does not list the ingredients.

Efforts focused on impact

Ask what else goes into it besides what the menu lists.

Continue to advance inclusivity in the global business community as a member of the Business for Inclusive Growth initiative (B4IG). This involvement allows us to share our best practices and learn from other global business leaders

Ask what else goes into it besides what the menu lists.

Through ready access to fresh water and a diet to maintain full health and vigor

Ask what else goes into it besides what the menu lists.

By providing an appropriate environment including shelter and a comfortable resting area

Ask what else goes into it besides what the menu lists.

Through prevention or rapid diagnosis and treatment

Ask what else goes into it besides what the menu lists.

By providing sufficient space proper facilities, and company of the animal's own kind

Ask what else goes into it besides what the menu lists.

By ensuring conditions and treatment that avoid mental suffering

Ask what else goes into it besides what the menu lists.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Ask what it is made with. The menu does not list the ingredients.

Forums

Ask what it is made with. The menu does not list the ingredients.

Microparticulated Whey Protein

*Excludes single serve and on demand condiments (e.g., sweetener packets, salt and pepper packets, half & half sweeteners, flavors, and colors from artificial food menu and grocery products*

Mayo, mustard, ketchup, hot sauce) that are not part of Panera’s sources on this “No No List”

Eggs and working toward secondary