CEO
Letter

To Our Valued Stakeholders,

As the global leader in Modern Golf, Topgolf Callaway Brands embraces our role to lead with purpose and to be a force for good. Looking back on the past years, I am proud of the collective efforts across our brands, which have enabled us to drive positive changes while delivering value to our customers, employees, and communities. With this report, I’m excited to share our progress across the four pillars of our sustainability strategy – People, Planet, Product, and Procurement.

We believe in the diverse, inclusive nature of Modern Golf and its ability to bring joy to people’s lives. We are committed to driving growth and value for all our stakeholders. In the fulfillment of this mission, we share a commitment to promote diversity, equity, inclusion, and well-being. Internally, we are focused on employee well-being and belonging, while externally, we remain dedicated to support communities through volunteering and charitable donations.

We also consistently explore opportunities across our operations to reduce our environmental impact. This includes increasing the use of renewable energy, implementing efficiency improvements, and enhancing recycling programs. Additionally, by partnering with and investing in nature restoration projects, we proudly contribute to initiatives that are crucial for preserving biodiversity, addressing climate change, and securing a resilient future for generations to come.

We consistently explore technologies and solutions to enhance the sustainability of our products. Throughout the product lifecycle, we are leveraging innovation to drive meaningful change towards a more circular approach, reducing our products’ environmental impact while maintaining our dedication to quality and excellence.

We understand that our journey towards sustainability requires collaboration. Through continued engagement and partnership with our suppliers, we remain dedicated to upholding stringent requirements on environmental and social performance, ensuring ethical and responsible practices throughout our value chain.

Transparency and accountability are fundamental to our sustainability efforts. We remain committed to robust reporting and adherence to industry standards and best practices, providing stakeholders with clear and accurate information about our environmental and social practices and performance.

Looking ahead, as our global business continues to grow, Topgolf Callaway Brands is more determined than ever to pursue our sustainability strategy and goals. We are excited about the opportunities that lie ahead to shape a brighter future for both people and the planet. I extend my heartfelt gratitude to our employees, customers, partners, and stakeholders for your continued support as we strive to make a positive and meaningful difference in the world.

Sincerely,

Oliver “Chip” G. Brewer III

President and CEO