MESSAGE FROM ABOUT SUSTAINABILITY AT PRODUCTS WITH ENVIRONMENTAL SOCIAL GOVERNANCE AND GRI, SASB, AND TCFD OUR CEO HUBBELL HUBBELL IMPACT STEWARDSHIP RESPONSIBILITY ACCOUNTABILITY DISCLOSURES DISCLOSURE FOCUS AREA DISCLOSURE DESCRIPTION EXPLANATION RISK MANAGEMENT Disclose how the a) Describe the organization’s processes for Risk management is the responsibility of everyone at Hubbell, including our Board of Directors, who oversee risk organization identi昀椀es, identifying and assessing climate-related management activities. Members of senior management assist the Board and its committees with their risk oversight assesses, and manages risks responsibilities through routine discussions of risks involved in their speci昀椀c areas of responsibility—focusing on near- climate-related risks. term, medium-term, and long-term risks and opportunities that could have a substantive 昀椀nancial or strategic impact b) Describe the organization’s processes for on Hubbell's business. For example, our principal business leaders will report to the Board at regular intervals during managing climate-related risks the year on Hubbell's strategic planning activities and risks relevant to execution of the Hubbell's strategy, which may include strategic climate change-related activities in response to physical, regulatory, or transitional risks. In addition, c) Describe how processes for identifying, from time to time, independent consultants with speci昀椀c areas of expertise, including related to ESG matters, are assessing, and managing climate-related engaged to discuss topics that the Board and management have determined may present a material risk to Hubbell's risks are integrated into the organization’s operations, plans, or reputation. overall risk management As part of our risk management processes, Hubbell carefully monitors and evaluates the relevance of all policies, laws, and regulations applicable to environmental protection, energy use, and emissions to ensure compliance. Changes in regulation, such as energy e昀케ciency legislation, regulations that limit GHG emissions, or disclosure mandates (e.g., the forthcoming US SEC Climate Proposal), may impact growth by increasing capital, compliance, operating, and maintenance costs and/or decreasing demand. Violations of these laws could result in substantial penalties or sanctions as well as restrictions of markets due to inability to comply/cost of redesign to comply. Therefore, Hubbell assesses risks associated with both current and emerging regulations. Moreover, Hubbell's formal ERM program focuses on e昀昀ectively identifying, prioritizing, and mitigating a wide range of potential strategic and operational risks to the company, which may include climate-related risks (e.g., impacts from climate change, such as storm, 昀氀ood, and water implications). The ERM process is used to determine the risks and opportunities that may have a substantive 昀椀nancial or strategic impact on the company and informs decisions related to mitigating, transferring, accepting, or controlling identi昀椀ed risks, such as those related to climate change, and capitalizing on opportunities. The risk management team refreshes the ERM risks on an ongoing basis to capture evolving and emerging risks, which may include direct operational risks and risks outside of Hubbell's operations in our supply chain (both upstream and downstream) and in the market. In addition to identifying risks, the ERM also maps risks to controls and risk owners and establishes risk mitigation plans which are then executed by the business. The ERM process includes an annual survey of leaders from across the company to rank potential risks to the company. At least once per year the ERM leaders brief the Board on risk management activities. 84