ACTIVISION BLIZZARD 2020 ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT TABLE OF CONTENTS

MESSAGE FROM OUR CEO 03 OUR COMPANY 06 OUR RESPONSE TO COVID-19 07 OUR COMMITMENTS 09 CHAMPIONING OUR PEOPLE 10 ADVANCING MORE DIVERSE & INCLUSIVE COMMUNITIES 16 2020 PROTECTING THE PLANET 23 ENVIRONMENTAL, SOCIAL, CORPORATE GOVERNANCE 25 ABOUT THIS REPORT 32 AND GOVERNANCE REPORT SASB INDEX 34 2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT OUR CEO MESSAGE FROM “ BEEN MOREIMPORTANT.” ENTERTAINMENT HAS NEVER THE WORLD EPIC THROUGH CONNECTING ANDENGAGINGCONNECTING CEO OFACTIVISION BLIZZARD BOBBY KOTICK FROM OURCEO FROM MESSAGE COMPANY OUR

TO COVID-19 OUR RESPONSE economic, andpublichealth challenges –theemployeesofActivision Blizzard theglobal haveserved In atimelike noother –withcommunities around theworldtested byextraordinary social,environmental, esports content to ourglobal audiences. League connectivity. We transitioned ourprofessional esports leagues, TheOverwatch League information whileoffering in-gameevents and rewards to promote physical distancing andenablesocial #PlayApartTogether campaign, leveraging ourgame platforms to disseminate critical health andsafety During theCOVID-19 pandemic, Activision Blizzard partnered withtheWorldHealth Organization’s gender, orgender expression. form ofmedia,bringing playersandfans together withoutregard to race, religion, ethnicity, sexualidentity, a way to connect gaming with peopleacross theglobe.Webelieve connects peoplemore deeplythananyother While other forms ofsocialinteraction have been difficultorimpossibleduringthe pandemic, games remained can findpurpose andmeaning through gaming. sense ofaccomplishment through healthy competition. butwithfar Like sport, greater accessibility, ourplayers experience Wefoster joy, thrill,andachievement. socialconnections through thelensoffun,andweenablea and asenseofaccomplishment for more than400millionplayersinover190countries. Weempowerpeopleto For asabroadly years, ourvideogames appealing haveserved means for socialconnection, providing joy, fun, SPOTLIGHT ON2020 communities, andourenvironment. partners ofActivision Blizzard whohaverisento theoccasion overthelast year to supporteach other, our While thereport isnew, ourcommitment to thesepractices Icould isnot. not beprouder ofthepeopleand communities, andprotect ourplanet. our missionandcommitments to championourpeopleandplayers,advance more diverseandinclusive our collective responsibility isnot something wedoeasily. of intheservice Wewillhighlightourachievements Governance Ourculture (ESG)report. values humility. Celebrating accomplishment for that whichweconsider With that backdrop, weare pleased to present Activision Blizzard’s first annualEnvironmental, Social,and beenmore important.never communities together. Ourmission–connecting andengaging theworldthrough epicentertainment –has community bykeeping peopleconnected safely andusingourglobal platform to comfort, inspire, anddraw TM , to aremote broadcast format to keep ourplayersandfans safe whilecontinuing to deliverworld-class COMMITMENTS OUR 03 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE TM andTheCallofDuty THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT “ COMMUNITIES.” IN SUPPORTING OUR WORK AND CONTINUED AND MENTAL HEALTH ON EMPLOYEE PHYSICAL WITHFOCUS THE YEAR TRAUMATIC OF EVENTS WE RESPONDED TOWE RESPONDED THE FROM OURCEO FROM MESSAGE COMPANY OUR

TO COVID-19 OUR RESPONSE in education programs inscience, technology, engineering,arts, andmathematics (STEAM). game-changers. Andwecreate pathways for ourfuture employeesbynurturing youngmindsthrough investments scale to increase andcreate diversity inourindustry richer, more fulfillingopportunities for future generations of employees withtheopportunities andresources needto unlocktheirpotential. they Wecan uniquelyleverage our a diverseandinclusivegroup ofhighlytalented andmotivated employees.Weare committed to providing our delivering epicexperiences thisrequires that reflect Achieving usto attract thecommunities weserve. andretain We value theincreasingly global anddiversebackgrounds ofourplayersandemployees,wecommit to CHAMPIONING OURPEOPLE We welcome yourfeedback onourinvestments inourESG initiatives. course ofthenext year, wewillcontinue to engage withshareholders to share oursuccesses andcommitments. will execute against thesecommitments underoversightfrom measwellourBoard ofDirectors. Overthe across ourbusiness. Ourcross-functional ESGworkinggroup, nowchaired by our ChiefAdministrative Officer, employees, ourshareholders, andourcommunities, andthat thosecommitments are embeddedinto and commitmentsThe new weannounce today willhelpusensure that ourorganization ourplayers, serves GOINGFORWARDOUR COMMITMENTS We are proud oftheworkwe’ve done,andweappreciate howmuchmore there isto accomplish. workforce, ourleadership, andthepipelineoftalented individualsfrom employees. whichwerecruit new seeing themselvesrepresented andsupported inourgames. Andweworked to broaden thediversityofourown speech inourgaming communities. Wecontinued ourworktowards ourcommitment to allofourplayers those fightingagainst systemic inequalityandviolence. Wetook meaningful steps to combat bullyingandhateful Activision Blizzard responded to thetraumatic oftheyear. events Westood withBlackAmericans andwith all in its missionto helpfindjobsfor America’s veterans, whohavesacrificed somuchfor ourcountry. therapies, more In2020,theCallofDutyEndowmentwas necessary andprovidingeven employmentservices. patients, supportingfront linehealthcare workers, conducting promising drugtrialsandconvalescent plasma $5 millionto aidhospitals, healthcare organizations, andnon-profits inourcommunities treating COVID-19 We generously supported Wedonated thecommunities inwhichouremployeesliveandwork. more than counseling, to get through thisdifficulttime. Activision Blizzard employeeandtheirfamilies hadaccess to high-qualitymedical care, includingmental health wetransitioned ournearlyAs 10,000employees safely to workingfrom home,wealsoensured that every COMMITMENTS OUR 04 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT “ PLANET.” PROTECTING THE AND COMMUNITIES, AND INCLUSIVE MORE DIVERSE ADVANCINGPEOPLE, CHAMPIONING OUR IN YEAR THE NEXT COMMITMENTS FOR WE HAVE MADEBOLD FROM OURCEO FROM MESSAGE COMPANY OUR

TO COVID-19 OUR RESPONSE Bobby CEO Kotick, ofActivisionBlizzard Sincerely, and are eager to share ouractivities withallofourcommunities. thing because it’s the rightthingto do, not for acknowledgement weare orcredit, proud ofourcommitments sustainability, andgood governance. While ourculture ofhumilityisrooted inthe ideal that wedotheright For years wehaveseenthebenefits ofourinvestments inthoughtfulhumancapital management, greenhouse gas emissionsto net zero by2050. future progress inareas suchasreducing packaging waste by50%overthenext fiveyears andbringingour This year, weare intheprocess ofestablishing baselines andsetting quantitative targets to measure our Our ongoing conversion to amore digital businessallowsusto important set andachieve sustainability goals. video game playersaway from plastic products andtoward anall-digital world. Our company cares Weare deeplyaboutthewell-beingofourplanet. proud ofouraccomplishments shifting PROTECTING THEPLANET employment initiatives through theCallofDutyEndowment. communities through targeted investments, andweare oneoftheworld’s largest supporters ofveterans’ Our abilityto drivepositiveimpact alsoreaches ourproducts beyond andouroperations. Wesupportour hope for thephysical world,and wewillcontinue to protect theprivacy andsafety ofourplayers. our mission.Wewillcontinue to craft virtualworlds reflective ofthe celebration ofdiversityandacceptance we encourage playersto embrace tolerance andunderstanding. Inclusive game andcontent designare central to Our games can responsibly influence popularculture, helpto eliminate stereotypes, celebrate differences, and ADVANCING MOREDIVERSEANDINCLUSIVE COMMUNITIES COMMITMENTS OUR 05 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT COMPANY OUR FROM OURCEO FROM MESSAGE COMPANY OUR

Learn more information about Activision Blizzard andits worldofepicentertainment onourwebsite, helped itfindemploymentfor more than85,000veterans. responsibility initiatives that are directly tiedto anexample, ourfranchises. oursupportoftheCallDutyEndowment has As delivering superiorshareholder returns for over30years. Oursustained success hasenabledusto supportcorporate social amemberoftheFortune 500andacomponentAs company oftheS&P500,wehaveanextraordinary track record of advertising withinsomeofourcontent. content onvideogame consoles, andservices PCs,andmobiledevices. Wealsooperate esports leagues andoffer digital leadership, innovation, andglobal resources to empowerouremployeesto create amazinggames. anddistribute Wedevelop backgrounds. Thestrength, creativity, anddedication ofourtalent make Activision Blizzard who weare today. Weprovide the drive intolerance. Celebrating differences is at the core ofourculture andensures we can create games for playersofdiverse unlike anyother socialorentertainment media,havetheabilityto foster understanding andto break downthebarriers that that express ourhundreds thediversityneededto ofmillionsplayersaround effectively theworld.Video games, serve We dothisbycreating courageously, drivinginclusion,andthrivingtogether. Most ofall,weare committed to buildingteams sports, butwithgreater accessibility, ourplayersfindpurposeandmeaning through gaming. the lensoffun,andwefoster purposeandasenseofaccomplishment through healthy competition. Similarto traditional We empowerhundreds ofmillionspeopleto experience Wefoster joy, thrill,andachievement. socialconnections through entertainment. Thislast year demonstrated beenmore that important. thismissionhasnever We encourage ouremployeesaround theworldto focus onourmission—connecting andengaging theworldthrough epic ABOUT US mobile presence, andramping engagement upnew models. home tailwinds, muchofourgrowth was drivenbystrong execution inpremium content, in-game operations, expanding our consistent experiences for existing playersacross multipleplatforms. andnew Whilethebusinessbenefited from shelter-at- In 2020,wesawthebenefits offundamental changes to someofourlargest franchises, aswedelivered deeperandmore our AnnualReport onForm 10-Kfor theyear endedDecember 31,2020. com OUR 2020FINANCIALANDOPERATIONAL PERFORMANCE . More information aboutActivision Blizzard andits products can befound onourwebsite andinourSECfilings,including TO COVID-19 OUR RESPONSE COMMITMENTS OUR 06 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE www.activisionblizzard. THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT TO COVID-19 RESPONSE OUR AND NONPROFITS HEALTHCARE ORGANIZATIONS, DONATED TO HOSPITALS, $5+ MILLION

FROM OURCEO FROM MESSAGE

COMPANY OUR

We were proud to partner withtheWorldHealth Organization for the OUR PLAYERS, FANS, ANDCOMMUNITIES themed attacks (e.g.,phishingcampaigns). detect andrespond to information securityattacks inaglobal work-from-home environment andonanticipating COVID-19- We alsoimplemented additionalinformation securitymeasures inresponse to COVID-19 focused onenhancingourabilityto offered to assist any employee personallywhoneededsupportduringthecrisis. to dealsupport, withthestresses ofCOVID-19. employeeand OurCEOshared hisdirect phone lineandemailwithevery of physiciansto helpensure that ouremployeesandtheirfamilies hadaccess to medical advice, includingmental health When traditional came medicalunderhuge services demandat theonset ofthepandemic, wecreated anextensive network OUR PEOPLEANDOPERATIONS players, andourcommunities. When theCOVID-19 virushitlast year, weimmediately took action to ensure thewell-beingofourpeople,theirfamilies, our blood transfusions; andfundingto UCSF to fundresearch programs andtesting protocols; gifts to each of California, Los AngelesHealth trials andconvalescent plasmatherapies, andcreating opportunitiesfor veterans. Theseincluded agift to to aidhospitals, healthcare organizations, andnon-profits that were treating COVID-19 patients, conducting promising drug We alsosupported Activision thecommunities Blizzard inwhichouremployeesliveandwork. donated more than$5million Overwatch League™ andTheCallofDutyLeague™. In order to keep ouresports playersandfans safe, wepivoted matches to onlineplayandremote broadcast for both The to eightofits most populargames, resulting in18billionfree beingpassed. livesbeingusedandoverfour billionlevels players, andweoffered in-gameevents and rewards to promote socialdistancing. For example, Kingadded free, unlimited lives and awareness oftheWHO’s health guidelinesto our vast network ofplayers.Wedelivered over70millionin-game messages to TO COVID-19 OUR RESPONSE , andthe Feinstein Institutes for Medical Research COMMITMENTS OUR for various initiatives to support front linehealthcare workers; agift to California’s UW HealthMadison 07 OUR PEOPLE CHAMPIONING in New York inNew to supportresearch, includinginto theuseofconvalescent to vaccinate front linehospital workers. COMMUNITIES ADVANCING Albany Med #PlayApartTogether THE PLANET PROTECTING , Mount Sina campaign to promote socialdistancing i , Hackensack University Medical Center GOVERNANCE CORPORATE University of THIS REPORT ABOUT Hoag Hospital

INDEX SASB

,

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT and beyond. and beyond. to assist thepeopleofWisconsin 43 ORGANIZATIONS benefiting thepublicinpartnership with 5261 HOURS in providing atotal of 60 NURSEFACULTY 388 STUDENT NURSES Partnership Program havesupported Activision Blizzard andtheWisconsin DISTRIBUTION VACCINATION

FROM OURCEO FROM MESSAGE

AND

COMPANY OUR

TO COVID-19 OUR RESPONSE Veterans DayofService. homelessness. Please seeAdvancing More DiverseandInclusiveCommunitiesfor more information aboutour our 2020Veterans resulted DayofService inthedistribution of“stay well”kits to hundreds ofveterans facing and medical staff onthefront linesofthe pandemic intheir communities. Thevolunteer workdoneas part of Our employeesdidtheirpart too, organizing meal deliveries,caring for theelderly, andsupportingfirst responders COMMITMENTS OUR 08 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT COMMITMENTS OUR ENGAGEMENT POSITIVE SOCIAL OF FUN,JOY, AND THE LENS THROUGH SOCIAL CHANGE FROM OURCEO FROM MESSAGE COMPANY OUR

reducing packaging waste net zero by 50% andachieving greenhouse gas emissions by2050. we are intheprocess ofestablishing baselines and setting quantitative targets to measure ourfuture progress inareas suchas Our ongoing conversion to amore digital businessisenablingusto important set andachieve sustainability goals. Thisyear, promote sustainable behaviorsthroughout oursupplychain. sustainably. Wecommit to thewell-beingofourplanet bytaking steps to reduce ourownenvironmental footprint andto We understand that ourbusinessimpacts ourglobal andlocal environment andthat wehaveanobligation to operate PROTECTING THEPLANET the CallofDutyEndowment. through targeted investments, andweare oneoftheworld’s largest supporters ofveterans’ employmentinitiatives through Our abilityto drivepositiveimpact alsoreaches ourproducts beyond andouroperations. Wesupportourcommunities physical world, and wewillcontinue to protect theprivacy andsafety ofourplayers. mission. Wewillcontinue to craft virtualworlds reflective ofthe celebration ofdiversityandacceptance wehope for the encourage playersto embrace tolerance andunderstanding. Inclusivegame andcontent designare central to our Our games can responsibly influence popularculture, helpto eliminate stereotypes, celebrate differences, and ADVANCING MOREDIVERSEANDINCLUSIVE COMMUNITIES mathematics (STEAM). changers. Andwenurture youngmindsthrough supportfor education programs inscience, technology, engineering,arts, and partnerships to increase andcreate diversityinourindustry bigger andbetter opportunitiesfor future generations ofgame- broad-appeal entertainment withoutpeoplewithdiversebackgrounds andskills.Wecommit to leveraging ourscale and that reflect That begins thecommunities withadiverseandinclusiveworkplace. weserve. Wecannot successfully create We celebrate theglobal anddiversebackgrounds ofourplayersandemployees,wecommit to deliveringepicexperiences employees andimprove theirexperiences. resources needto unlocktheirpotential, they includingthrough ourbenefits programs andourconstant efforts to engage Our talent isthelifeblood ofActivision Blizzard. Weare committed to providing ouremployeeswiththeopportunitiesand CHAMPIONING OURPEOPLE Weembedthesecommitmentsplanet. into ourbusinesswhilemaintaining thehighest standards ofcorporate governance. engagement: commitments to championourpeople,to advance more diverseandinclusivecommunities, andto protect the operate. Weare deliberate inthecommitments wemake to effect socialchange through thelensofjoyandpositivesocial we haveonthelivesofhundreds ofmillionsourplayersaround theworld,onourtalent, andinthecommunities where we Activision Blizzard’s purposeisto connect andengage theworldthrough epicentertainment. Weare mindfuloftheimpact TO COVID-19 OUR RESPONSE COMMITMENTS OUR 09 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT OUR PEOPLE CHAMPIONING FROM OURCEO FROM MESSAGE COMPANY OUR

population ofwell-prepared, high-potential future leaders withskillsweneedfrom underrepresented minoritygroups. moregame broadly. industry Wespendmillionsofdollarsinvesting into organizations andother efforts that increase the A bigger, more diversegroup oftalented peopleisessentialto ourrecruiting program, andto advancing amore diversevideo MOREDIVERSETALENTBUILDING ABIGGER, PIPELINE our abilityto attract, enable,retain, recruit, diverse andinnovative anddevelop talent. best talent. Weknowourpeopleare ourmost valuable assets, andourcontinued success andgrowth are directly related to entertainment. Genuinelyembodyingthismissionandresponsibility to ourcommunities to attract isapowerfullever thevery Activision BlizzardWe believe ismore thanaplace to work—it’s aplatform to connect andengage theworldthrough epic We workdeliberately to connect withandrecruit from underrepresented groups. z z z z z z z z

where possible. We require ourhiringpartners (external orcontract recruiters) to provide adiverse slate ofcandidates for allpositions in career fairs suchas Our broader Talent Acquisition team isfocused onconnecting withunderrepresented groups. For example weparticipated established a2020goal that 50%ofallhires bewomenor non-binary. One ofourprincipal businessunits, King, announced that itexceeded our2019target that 40%oftotal hires bewomenand Entertainment trade association, joiningcompanies to reflects ensure ourindustry greater diversity. In 2020,wehelpedlaunchthe#RaiseTheGame pledge, diversityinitiative agames beingledbytheU.K. industry Interactive promising talent for ourinternship program. In 2020,for thesecond year inarow, ourUniversityRelations team partnered with some ofournation’s most promising youth. Likewise, oursupportfor the we willconsider for summerinternships across ourcompany. from someofthetop colleges anduniversitiesinthenation andprovide uswithaccess to approximately 200students who We are participating in and coaching to accelerate theircareers. extraordinary career preparation program, Latinx, andIndigenous Black, Americans equipping high-achieving withskills Our investment in TO COVID-19 OUR RESPONSE Management Leadership for Tomorrow (MLT) COMMITMENTS OUR Grace HopperCelebration MLT’s Tech Trek UNCF provided transformative scholarshipsto Historically BlackColleges andUniversitiesfor 10 , whichisdesignedto coach college sophomores whoare aspiringsoftware engineers OUR PEOPLE CHAMPIONING and AfroTech World COMMUNITIES ADVANCING allowedtheorganization to doubleparticipation inits . THE PLANET PROTECTING STEM Advantage GOVERNANCE CORPORATE ,

which helpsusselect THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

groups inSTEAM fields. We havevarious community programs to promote STEAM learning andfoster career opportunitiesfor underrepresented graduate students ingrowing theircareers. We invest high-potential, indeveloping early-career talent through programs designedto supportundergraduate and z

critical, inorder to increase theincentive to ouremployeesto helpfillthoseroles. referral issuccessfully retained, thereferring employeereceives acash award, withlarger amounts paid for roles deemed which employeescan refer candidates to at roles anyofourlocations withinanybusinessunit, around theworld.Ifa Referral Program: career possibilitiesahead. to connect interns to ourgames, leaders, andeach other to buildasenseofcommunity andbroaden theirhorizons on the and tasked withcontributing to real-world challenges, projects, andgames. Events take place throughout theinternship of 2020,withalmost 200interns across theorganization. part ofthisprogram, As interns are embeddedinto workingteams Early Careers Program: understand what matters most. remained withtheorganization, equippedwithextensive knowledge that sets themupfor success andensures they assessments, mentorship, andbusinesscase evaluations. Over90%oftheMBAgraduates from ourfirst cohort have for presentation leadership includingpersonalbrand development development, skills,negotiation skills,behavioral eight-month rotational positionsacross theglobal organization. Inaddition,graduates receive access to opportunities MBA Graduate Rotational Program: openpositionwehave. every advancement ofwomenintechnology, andother tools to supportourefforts to havethebroadest group ofapplicants for Our hiringmanagers andrecruiters useouremployeenetworks, employeereferrals, programs development focused onthe TO COVID-19 OUR RESPONSE time employeesoftheCompany. 50scholarshiprecipientsprevious became full- for video game Twenty-one developers. ofthe ConferenceDevelopers the opportunityto virtuallyattend the students considering adegree ingaming (whether cisortrans) andnon-binary IN 2021, we willbeoffering women COMMITMENTS OUR We believe that greatWe believe talent knowsgreat talent. Wehaveanenterprise-wide referral program through We hosted virtualinternship programs for undergraduate andgraduate students inthesummer , anannualconference 11 OUR PEOPLE CHAMPIONING This two-year program provides MBAgraduates theopportunityto experience three Game COMMUNITIES ADVANCING THE PLANET PROTECTING vulnerable areas. emphasis ongirlsandchildren from socioeconomically science, andartusingdigital technology tools, withan encourages, andspreads interest andknowledge in throughthat, summer camps andweekend meetups, WORLD!, SINCE 2016,WEHAVE PARTNERED WITH aSwedish-based non-profit organization GOVERNANCE CORPORATE THIS REPORT ABOUT

HELLO HELLO INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

the organization. Creating trulydiverseleadership teams sets theexample and expectation that diversityis to bereflected throughout rate functions. roles throughout theCompany, includingat theC-level andwithintheleadership ofeach ofourbusinessunits andcorpo Our CEOhaspersonallyrecruited themost talented individualsfrom historically underrepresented groups whoholdsenior z z z z z z

accurate inwhichweoperate. country andusefulinassessing ourprogress inevery with fullerinformation onthedemographics ofourworkforce usingclassifications are that more webelieve andjob levels Also starting next year, wewillmake ourconsolidated EEO-1report publiclyavailable andwillsupplementour EEO-1data at least onediverse external candidate. Starting in2021, employeeswhohaveasuccession planaspart oftheirperformance objectives willberequired to include candidate selection. qualifications andexperiences, andto minimize theeffects ofpersonalcharacteristics andunconscious biason Our hiringprocesses useartificialintelligence-driven technologies andpoliciesto maximize focus oncandidate We provide ongoing coaching andtraining to recruiters andhiringmanagers onmethods to reduce unconscious bias. processes. inourinterview We prioritize adiverse panel ofinterviewers the top sets theexample for allofouremployees. We expect allcandidate slates for VPandabovepositionsto includediversecandidates. Ourcommitment to diversityfrom TO COVID-19 OUR RESPONSE mentors for students there, aswelljudges for asindustry partners. Ouremployeesserved of whichweare oneofthefounding industry National College for Digital SkillsinLondon, IN 2020, and minglingwithfellow artists. boost theircareers bymeeting withtop studios, participating inmentorships, attending skillandcareer sessions, development WE ALSO PARTICIPATED INTHE research efforts. panel where students received feedback ontheir and games. Wehosted auserresearch-focused to prepare themfor asuccessful career intech non-profit focused onsupportingyouthofcolor IN 2020, the games challenges. wemadeacontribution to wepartnered with COMMITMENTS OUR Gameheads 12 OUR PEOPLE CHAMPIONING THU CAREER CAMP Ada , a , the IN2020, COMMUNITIES ADVANCING which is a free three-day online event that whichisafree allowsattendees three-day onlineevent to THE PLANET PROTECTING women andunderrepresented minorities. science inschoolsandincreasing participation by non-profit dedicated to expanding access to computer inconnectionevents withthe campaign by IN 2018AND2019, gain exposure to careers intech. Program for highschool-aged girlsto learn coding and technology, to host SummerImmersion aseven-week a non-profit focused onclosingthegender gap in SINCE 2018, wehavepartnered with GOVERNANCE CORPORATE we organized “HourofCode” THIS REPORT ABOUT Girls WhoCode

Code.org INDEX SASB , - , a

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT WOMEN THANMEN PROMOTION RATES FOR HIGHER POPULATIONS.AND NON-MINORITY PROMOTION RATES OURMINORITY BETWEEN EQUAL SINCE2016 ROLES LEADERSHIP WOMEN INOURGAME DEVELOPMENT x PROMOTED IN2020 OF EMPLOYEES WERE 13.5% with formal promotions. capabilities ofnew development exceptional performance and company. Wefurtherrecognize to broader roles throughout the up”helping them“level andascend we furtherinvest inourpeople by itisnosurprisethat development, Blizzard. aleader invideogame As now” for theirfirst role at Activision We aimto hire talent that is“ready PROMOTION 2 INCREASE

FROM OURCEO FROM MESSAGE

COMPANY OUR

opportunities through promotion andinternal mobility. on performance strategic management, talent assessmentandsuccession planning,andcareer andleadership development Constantly both developing ourinternal andexternal talent poolsisvital to ourbusiness.Ourtalent processes are focused DEVELOPING CAREERS ANDGROWINGLEADERS their greatest potential andproductivity. actionable feedback, professional resources, development andreal-time coaching to helpouremployeesachieve understanding oftheirstrengths are contributing andhowthey to theCompany. Finally, weprovide clear, candid, objectives. Theprocess begins withgoal-setting, followed byencouraged “check-ins” soemployeeshaveaclearer opportunities,andvisibilityinto howtheirworkimpactsdevelopment ourgames, ourplayers,andtheCompany’s managers. Ourannualperformance management process provides ouremployeeswithclear expectations, career opportunities,whilefosteringdevelopment acollaborative andproductive relationship between employeesandtheir objective ofourtalent processes. Wefocus onensuringemployeeshaveaclear understanding oftheirstrengths and Performance Management andCareer Development: evolve asourneedschange andourpeoplegrow.evolve succession regularly plansare reviewed andcontinuously on high-performing, high-potential, anddiversetalent. Our readiness to fillthesecritical roles. Weplace specialfocus both internal andexternal candidates to evaluate their leadership roles across theCompany andthenassess growth at Activision Blizzard. Westart byidentifyingcritical planning helpsensure businesscontinuity anddrive Talent &Succession Planning: TO COVID-19 OUR RESPONSE COMMITMENTS OUR Robust succession 13 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING Recognizing andrewarding performance isakey a respectful workplace culture. Training, whichunderscores ourcommitment to creating required to take ourbespoke online Equality &Diversity employeeis twoyears,Company, every andagain every Equality &Diversity Training: THE PLANET PROTECTING GOVERNANCE CORPORATE Uponjoiningthe THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 72 ENGAGEMENT SURVEY TRIANNUAL EMPLOYEE PARTICIPATION RATE IN ENGAGEMENT SCORE EMPLOYEE FROM OURCEO FROM MESSAGE 75% COMPANY OUR

office setups. employees appreciate theCompany’s helpinreimbursing expenses for home from-home environment. Ourmost recent employee survey showed that many safety measures andabouthow they feel enabledto dotheirjobinthework- moments. InDecember 2020, we asked employees aboutreturn-to-office Surveys alsohelpusunderstand ouremployees’ perspectives incritical leadership, andtreated fairly. results showthat employees feel are that supported, they well-communicated to by measure manager effectiveness andemployeesentimentaround inclusion.Overall, our score (72)indicates that ouremployeesare engaged. us keep Activision Blizzard agreat place Andourmost to work. recent engagement respect to ourmost recent survey—demonstrate employees’commitment to help participationfrom rates ouremployees.Oursurvey across thecompany—75% with allowusto hear Ourtriannualemployeeengagement directlyway wework. surveys Employee engagement alsoplaysacritical role inhowweidentifyandimprove the important andemployees,includingInternational to ourindustry Women’s Day, Month,andPrideMonth. BlackHistory thatevents amplifythevoices ofouremployees,educate andinspire, andraise awareness ofdiversetopics andevents design. Ournetworks playanintegral role inbuildingconnection andcommunity. partner They withourDE&Iteam to host alsopositivelyinfluence networking, They andcommunity talent involvement. development, attraction andinclusivegame groups enrichouremployees’experiences, ourculture, andourbusinessbydrivinginclusion,cultural awareness, professional Employees across theCompany havetheopportunityto joinandcontribute to oneofournineEmployeeNetworks. These ENGAGING EMPLOYEES 1

Triannual consistently “pulse” surveys theorganization for ouremployees’ perception onwhether theCompany isa“great place to work” and whether employeesare “satisfied working at the score of“4”or“5”)to both questions to beengaged. Company.” Employeesare asked to answereach Likert likely”). usingafive-point scale Weconsider unlikely” (e.g.,ranging to anemployeewhoanswers favorably “very from “very (i.e., witha TO COVID-19 OUR RESPONSE

COMMITMENTS OUR 14 OUR PEOPLE CHAMPIONING 1 Werecently addedquestions to COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE Multicultural EmployeeNetwork Differing AbilitiesEmployeeNetwork Women’s EmployeeNetwork Veterans EmployeeNetwork Employee Network MENA (MiddleEastern &N.African) LGBT+ EmployeeNetwork Latinx EmployeeNetwork Black EmployeeNetwork Employee Network &PacificAsian Islander NETWORKS EMPLOYEE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT BUILD LOYALTY. STRESS ANDTENSION, WEREDUCE ARE CARED FOR, KNOW THAT THEIRFAMILIES WHEN OUREMPLOYEES FROM OURCEO FROM MESSAGE COMPANY OUR

rewarding superiorperformance. live healthier andmore secure lives.At thesame time,weare committed to ensuringequalpay for equalworkwhilealways all ofouremployeesthrough benefits programs that are innovative andinclusivesothat ouremployeesandtheirfamilies can A productive, balanced workforce isessentialto deliveringepicexperiences to ourplayers. Weare committed to supporting REWARDING ANDSUPPORTING EMPLOYEES OUR PARENTHOOD BENEFITS parenthood andacareer. Our employees shouldbe able to embrace both z z z z

applicable, are theways wesupportboth current andhopefulparents. health—mind, body, financial,andoverall bygeography, wellness.While benefits vary oneexample ofthesebenefits, where Benefits: work towards theremoval ofunconscious biasandensuringequalpay for equalwork. populations.wide analysisofpay Itisourpromise to bygender not andto andnon-binary let continue uponthiswork, to objectives whenmakingcompensation wewillpublishtheconclusions decisions.Inour2022ESGreport, ofourCompany- Equal Pay for Equal Work: challenges andconcerns. consultants for guidance onbreastfeeding Mothers@Work: Breast milkdelivery service from MilkStork. SNOO “SmartSleeper” bassinet. into supportfrom Progyny. Hopeful parents onourinsurance programs can tap Infertility treatment &healthy pregnancy tools: TO COVID-19 OUR RESPONSE We seekoutpioneerpartners whogiveouremployeesmodernbenefitexperiences that encompass holistic 24/7access to lactation COMMITMENTS OUR It hasbeenourpractice for anumber ofyears to specifically take into account ourpay equity 15 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING of paid parental leave. We provide from 12-22weeks z

For allparents (birthandnon-birth) 20-22 weeksat full pay intheU.S. combined, birthmothers can generally take leave for an additional10weeksofdisabilityleave. When generally offer leave for 12weeks at full pay orinclude federal leave, where applicable, parental leave can adopted child.Whencombined withstate and babyemployees to bondwithanewborn ornewly THE PLANET PROTECTING GOVERNANCE CORPORATE

: Wewant THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT COMMUNITIES & INCLUSIVE MORE DIVERSE ADVANCING FROM OURCEO FROM MESSAGE 32 heroes Overwatch® LGBTQ+ community. as amemberofthe woman andidentifies Tracer spectrum 1 hero ontheautism 2LGBTQ+ heroes 12 heroes ofcolor 13 women

is both a COMPANY OUR

character—aside from theirplayable mythical race—without charge. players to express themselvesin-game. For example, playersofWorldWarcraft®: Shadowlands can fullycustomize their We alsocontinue to introduce avariety ofcosmetic options for ourheroes (includingcharacter skinsoroutfits) that allow LGBTQ+ characters from Overwatch®. Network provided inputimpacting someofourheroes’ Examples storylines. includetheback stories for Tracer 76, andSoldier: and inputoncontent ranging from narratives, character worlds,levels, skinsandnames.For example, ourLGBT+ &Allies leverageOur developers themembersofourEmployeeNetworks, aswelltheCompany’s DE&Iteam, to provide feedback characters.abilities, andnon-binary through characters ofcolor, characters from theLGBTQ+ community, characters ofdiffering training, andpractices to ensure ourplayersseethemselvesreflected inourgames, including We are workingto create themost diversegames intheworldbycreating innovative tools, ADVANCING INOURGAMES DIVERSITY and understanding. differences, andencourage thehundreds ofmillionspeoplewe reach to embrace tolerance Our games can responsibly influence popularculture, eliminate stereotypes, celebrate and collaborate. personalize theplayerexperience, andamassivenumberofways to communicate, compete, community. offer anunparalleled They capability,storytelling amultitudeofoptions to take ownershipoftheirinteractive experiences andshare thoseexperiences across aglobal Video games are redefining what itmeans to interact socially. Games empowerplayersto TO COVID-19 OUR RESPONSE COMMITMENTS OUR 16 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE now women 50% We estimate approximately Asia-Pacific, andtheAmericas key region weoperate—EMEA, >100 400 DIVERSE PLAYER BASE TODAY, WEHAVE ABROAD AND

million playersworldwide ofourplayersare

million playersineach THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT in WorldofWarcraft. transgender character as thefirst openly Pelagos SHADOWLANDS skater.binary Leo Baker, anon- Brazil andJapan, and women skaters from skaters,new including introduced aselection of Skater™ 1+2 Tony Hawk’s Pro CHARACTERS NEW broke ground

FROM OURCEO FROM MESSAGE COMPANY OUR

EXAMPLES OF ACCESSIBILITY FEATURES OFACCESSIBILITY EXAMPLES INCLUDE: INSOMEOFOURPRODUCTS to technology helpensurebuilding industry-leading great playingexperiences that are accessible byall.For example: can helpcreate accommodations andrichexperiences that are enjoyable for all.Wecontinue to invest inemployeeswhoare Our playerscome to needs,abilities,andpreferences. ourgames withvarying Weknowthat inclusivedesignconsiderations ACCESSIBLETOMAKING OURGAMES ALLPLAYERS Colorblind z z z Options

player experience overall andwelcome more players. design barriers. Findingsfrom theAPX research studies withvaluable provide ourdevelopers insights to helpimprove the mix ofplayerswhoexperience accessibility barriers themselvesandpeopleunableto playourgames because ofpossible design accessibility barriers andimprove accessible playerexperience (APX). Playersparticipating inthe initiative includea We alsohavean“Accessibility Heroes” initiative co-led byourUX Research andPlayerInitiatives teams to helpidentify all ofourplayers. games. Weaddress accessibility feasible challenges whenever sothat wecan create experiences ofthehighest qualityfor which includesrecommendations andexample solutionsto address awidenumberofpotential accessibility barriers in We haveasuite ofaccessibility guidelines,created withthehelp ofourDiffering Abilities& Friends EmployeeNetwork, accessibility invideogames, to host their In 2020,wepartnered with TO COVID-19 OUR RESPONSE SUBTITLES COMMITMENTS OUR The AbleGamers Foundation for VISUAL CUSTOMIZATIONS CONTROL OPtiONS OPtiONS CONTROL 17 OUR PEOPLE CHAMPIONING Accessible Player Experience CHALLENGE LEVEL ADJUSTMENTS , anon-profit organization andfoundation dedicated to improving COMMUNITIES ADVANCING certification program. THE PLANET PROTECTING INPUT OPTIONS GOVERNANCE CORPORATE SICKNESS FIX SICKNESS MOTION THIS REPORT ABOUT

Photo-sensitivity adjustments INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

our Board on aperiodicbasis. position inregard to rulesand regulations, andrepresentatives from management report on privacy to theAudit Committee of A company-wide data privacy steering committee, whichincludesexecutives andbusinessunit leaders, ouroverall reviews privacy and“privacy bydesign” principlesinproduct from theoutset. designand development provide training to employeesondata privacy-related risksandprocedures. Wehavemeasures inplace designedto embed Each ofouremployeesisexpected to follow theseindividualprivacy policiesthrough andwe ouremployeeCodeofConduct, updated to take into account applicable privacy lawsandregulations inthecountries inwhichweoperate. required ofadata intheevent breach. Thesepoliciesfollow global privacy principles andbest practices andare periodically fans, andrespect theirdata privacy rights andchoices overtheinformation collected. Wealsoprovide thetransparency disclose howwecollect, use,anddisclosepersonalinformation (includingfor advertising purposes)to ourconsumers and In supportofthis,wehaveprivacy policiesthat provide transparency anddetailed information regarding ourpractices. We Activision Blizzard is committed to implementingmeasures designed to maintain theprivacy ofouremployees, players,andfans. PROTECTING THEPRIVACY ANDDATA OFOUREMPLOYEES, PLAYERS, ANDFANS unacceptable.otherwise Activision Blizzard prohibits behavioronourplatforms andinourgames that isharassing, racist, hateful, obscene, or FIGHTING UNACCEPTABLE BEHAVIOR data share that withus. they We honorthetrust ourcustomers expect to putinus.They feel safe playingourgames andto knowthat weare guarding the CREATING ASAFE,PRIVATE FOROURGAMERS ENVIRONMENT z z z

support andcan beaccessed directly orviaourcompany website. We encourage ourentire community to leverage people andtechnology. there ismore workto doonthisissue,andweare consistently workingto improve thesesystems byinvesting inboth filtering. Thesetools detect, enableusto andtake prevent, appropriate action against offenders. Weacknowledge that We employproactive methods to remove problematic content suchasmachinelearning tools, moderation, and in-game reporting systems. We encourage playersto report unacceptable behaviorandhavechannelsstaff facilitating that reporting, including TO COVID-19 OUR RESPONSE COMMITMENTS OUR 18 OUR PEOPLE CHAMPIONING mentalhealth.gov COMMUNITIES ADVANCING , whichprovides valuable education, resources, and THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

Board ofDirectors. our organization faces, aswellthesteps wetake to andremediate prevent thoserisks,to theAudit Committee ofour Our Securityteam isoverseenbyourChiefAdministrative Officer andperiodically reports onthreats anddata securityrisks security best practices. which employeesacknowledge onanannualbasis. Oursecurityprofessionals undergo routine training to keep current on the general employeepopulation through training, new-hire routine email broadcasts, and reminders inourCodeofConduct, frameworks andourapproach to ouroperating Weconduct environment. different ofsecurityawareness levels training for and PCIDSS), overlaythemwithknowledge ofourthreats, risks,andinsightfrom internal stakeholders, andadapt the We leverage avariety standard ofindustry frameworks to inform ouroverall strategy (e.g.,ISO 27001,NIST, TheCIS20Controls, individuals asrequired byapplicable law. stakeholders (e.g.,theLegal team, thePR team, andour Production team), andappropriate notice isprovided to impacted If weidentifyadata securitybreach, itispromptly addressed withtheassistance ofourITteams andother internal business, providing uswithrelevant insights andearly warning. wehavebuilta“threatmanagement, intelligence” program whichtracks thethreat landscape relevant and to ourindustry We haveadedicated function focused onriskassessmentandproactive vulnerability detection. Inadditionto traditional risk we dobusinesswithinorder to upholdconfidentiality, integrity, andavailability ofourdata. comprehensive whichwemanage framework, riskagainst. securitypolicy We alsoperform risk-based vetting ofthird parties We operate arisk-based securityprogram to triage andassessrisksto ourinfrastructure, people,players,anddata. Wehavea TO COVID-19 OUR RESPONSE COMMITMENTS OUR 19 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT RESPECTIVELY) POPULATIONU.S. VETERAN JUST 10%AND 12% OFTHE COMPOSE BLACK VETERANS AND VETERANS (WOMEN 28% BLACK AN ESTIMATED 21% WOMEN, OF THOSEPLACED, BY 2024 INGOODJOBS 100,000 VETERANS GOAL THE CALL ENDOWMENT OFDUTY WITH THEHELPOF FOUNDEMPLOYMENTVETERANS YEAR TOYEAR DATE IN 2020MAKINGITTHEMOST SUCCESSFUL PLACED INHIGH-QUALITYVETERANS JOBS 15K+ ITS INCEPTION MADEBYGRANTS THEENDOWMENT SINCE $53M+

85,000+

FROM OURCEO FROM MESSAGE

COMPANY OUR

bring to theworkforce. find high-qualitycareers bysupporting groups that prepare themfor thejobmarket andbyraising awareness ofthevalue vets The flagshipofourcorporate socialengagement efforts isthe ENDOWMENT CALL OFDUTY SUPPORTING THAT THECOMMUNITIES SUPPORT US PRIMARY GRANTEES TO COVID-19 OUR RESPONSE COMMITMENTS OUR 20 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING Call ofDutyEndowment THE PLANET PROTECTING (TheEndowment),whichhelpsveterans GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT CALL LEAGUE™ OFDUTY INOUR U.S. TEAMS ALLNINE FROM PLAYERS ANDSTAFF OVER 100 AND 80 INTERNS INCLUDING ALMOST BLIZZARD, ANDCORPORATE VOLUNTEERS ACTIVISION, FROM 1,200+

FROM OURCEO FROM MESSAGE

COMPANY OUR

veterans facing homelessness. and kits withblankets andhats for region. For example, “stay well”kits specific needsoflocal veterans intheir assistance kits curated to meet the 21 continued onremotely. While COVID-19 prevented ourworkforce from gathering inperson2020,the7 DAYVETERANS OFSERVICE TOP SUPPORTED: CHARITIES TO COVID-19 OUR RESPONSE

supported bycreating unique charitieswere COMMITMENTS OUR DAY of SERVICE VETERANS 21 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING th annualVeterans DayofService GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR $200 2020 HOLIDAY GIVINGINITIATIVE $12.7M charitable campaign byreleasing PinkMercy, alimited-time skinfor Legendary theMercy character inOverwatch®. In direct response to ourcommunity, wepartnered in2018withtheBreast Cancer Research Foundation (BCRF)to launchits first FOUNDATIONBREAST CANCER RESEARCH TOP TENRECIPIENTS Save TheChildren Federation, ACLU Foundation, Equal Justice Initiative, American Cancer Society Inc., Trevor Project, Inc., Second Harvest Food Bankof Orange County, UNICEF USA, World Wildlife Fund Inc., St. JudeChildren’s Research Hospital, Doctors WithoutBorders,

TO COVID-19 OUR RESPONSE

charity oftheirchoice. each employee to the pledge could 97 Donations largest donation by acorporate withinoneyear inBCRF’s partner 25-year history. raised for theBreast Research Foundation Cancer 69Donations 87Donations 71Donations 107Donations 231Donations COMMITMENTS OUR 82Donations 69 Donations 117Donations 22 OUR PEOPLE CHAMPIONING 94 Donations $1.6M COMMUNITIES ADVANCING with helpofourgenerous players. Thiswas the around theworld. charities given to 3,211 THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT THE PLANET PROTECTING REDUCTION INOURPLASTICREDUCTION 5 b E NET ZERO Reaching TO COMMITTED USING 2019AS A BASELINE OVER CONSUMPTION 5YEARS, SAVED OVER FIVEYEARS PLASTIC PACKAGING MILLION POUNDSOF 5.5 y 2050 MISSIONS 0% 0%

FROM OURCEO FROM MESSAGE

COMPANY OUR

committed to continuing to reduce ourplastic consumption by50%overthenext fiveyears, using2019asabaseline. Over thelast fiveyears, weestimate wehavesavedover5.5millionpoundsofplastic packaging. Andasnoted above,weare ENVIRONMENTALREDUCING OURPRODUCT FOOTPRINT years net zero andachieving greenhouse gas emissionsby2050. quantitative targets to measure ourfuture progress inareas suchasreducing ourpackaging waste by50%overthenext five business isenablingusto important set andachieve sustainability goals. Thisyear, weare establishing baselines andsetting In 2020,wederivedapproximately viadigital 82%ofourrevenues channels.Ourongoing conversion to amore digital promote sustainable behaviorsthroughout oursupply chain. sustainably. Wecommit to thewell-beingofourplanet bytaking steps to reduce ourownenvironmental footprint andto We understand that ourbusinessimpacts ourglobal andlocal environment andthat wehaveanobligation to operate TO COVID-19 OUR RESPONSE PACKAGING REDUCTIONS THROUGH DIGITIZATIONTHROUGH COMMITMENTS OUR 23 MATERIAL REDUCTION THROUGH REDESIGNS THROUGH OUR PEOPLE CHAMPIONING PRODUCT ENVIRONMENTALPRODUCT FOOTPRINT EFFORTS

COMMUNITIES ADVANCING INCREASED EFFICIENCY AND TRANSPORTATION IN DISTRIBUTION THE PLANET PROTECTING GOVERNANCE CORPORATE PRODUCT END-OF-LIFEPRODUCT MANAGEMENT THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

toward net zero achieving emissions. understanding andmeasuring ouremissionsanddetermining abaseline andplanto set interim targets to showourprogress focused onour goal net zero ofachieving greenhouse gas emissionby2050.To that end,thisyear weare inthe process of weworkto reduceAs theenvironmental impact ofourownedandleased facilities, aswellourdata centers, weremain COMMITTING TO REDUCEOUREMISSIONS COMMITTING Environmental impact are efficiency apriorityintheselection ofourdata andenergy centers. REDUCING OURDATA CENTERS’ENVIRONMENTAL FOOTPRINT approximately 350,000square feet, or15%ofourportfolio, is LEEDorISO14001certified. and become more transparent aboutthedata related to ourenvironmental footprint. Ofourroughly 2.3millionsquare feet, to advocate for environmentally friendlypractices inouroffices and other facilities. Weare alsoworking to gain visibility the remainder ofour80offices and other facilities are leased. Weactively engage withourlandlords andproperty managers We owntwoproperties, consisting ofwarehouses andoffice space inBurglengenfeld, Germanyand Venlo, theNetherlands; REDUCING OURFACILITIES’ ENVIRONMENTAL FOOTPRINT z z z z

In Europe, allof ourdata centers are operated byaprovider whosedata centers runon100%renewable energy. particularly asrelated use,greenhouse to gas energy emissions,andwater use. majority ofNorthAmerican data center usage hosted byproviders that prioritize optimizing theirenvironmental footprint, footprint bytransferring most ofourdata andhardware andwater-efficient to energy- data centers. Weaim to havethe In NorthAmerica, weare consolidating ourdata centers to create businessefficienciesandimprove ourenvironmental andwaterenergy ofdata efficiency centers. water footprints, includingpowerusage effectiveness (PUE)and water usage effectiveness (WUE),which measure the In 2020,wealsostarted workingwithdata center providers to collect andanalyze data ontheirenergy, emissions,and In 2020,webegan conducting environmental analyseswithourlandlords andproperty managers. TO COVID-19 OUR RESPONSE COMMITMENTS OUR 24 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT GOVERNANCE CORPORATE FROM OURCEO FROM MESSAGE COMPANY OUR

such risks. including strategies usedto mitigate to strategic risks, enterprise-level respect to theCompany’s exposure conclusions ofmanagement with the management andreviews succession planningfor oursenior The BoardESG report. alsooversees including adiscussionofourannual ESG matters, strategy, andactivities, The fullBoard receives reports onour BOARD You can alsoread more about ourcorporate governance practices on our process, directors provide management withfeedback andguidance ontheCompany’s ESGefforts. Our Board andits committees overseematters related to ourESGpractices, performance, anddisclosure. Through this ANDDISCLOSUREBOARD PERFORMANCE, OVERSIGHT PRACTICES, OFESG TO COVID-19 OUR RESPONSE The Nominating andCorporate Governance Committee, inconsultation withthefullBoard, theCompensation Committee, andthe Audit Committee, hasoversightoftheCompany’s ESGstrategy, practices, andpolicies, COMMITMENTS OUR NOMINATING ANDCORPORATE GOVERNANCE COMMITTEE including theCompany’s reporting onESGmatters. 25 OUR PEOPLE CHAMPIONING management. matters related to human capital manage thebusiness; andanyother objectives theCompany usesto engagement; other measures or equity, andinclusion;employee executive compensation; diversity, the long-term strategy ofnon- to executive compensation and talent; mattersdeveloping related attracting, retaining, and human capital matters, including broadly overseestheCompany’s The Compensation Committee COMMITTEE COMPENSATION COMMUNITIES ADVANCING website THE PLANET PROTECTING . in whichtheCompany operates. the legal andregulatory environment risks,riskrelatedand cybersecurity to the Company faces, includingprivacy management ofsystematic risksthat Audit Committee alsoassists inthe Theincluding ourCodeofConduct. ethics andcompliance program, The Audit Committee overseesour COMMITTEE AUDIT GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT SVP OFINVESTOR RELATIONS CHIEF FINACIAL OFFICER CHIEF COMMUNICATIONS OFFICER CHIEF LEGAL OFFICER CORPORATE SECRETARY OFFICER ANDCHIEFCOMPLIANCE &INCLUSION OFFICER DIVERSITY CHIEF PEOPLE, CHIEF ADMINISTRATIVE OFFICER(CHAIR) STEERINGESG COMMITTEE FROM OURCEO FROM MESSAGE COMPANY OUR

ESG STRATEGY,ESG ANDPOLICIES PRACTICES, * explanation ofour corporate governance practices. Please seepage 18ofour Highlights ofourcorporate governance program include: long-term interests ofourstakeholders. that afoundationbelieve ofgood corporate governance creates anenvironment ofaccountability promotes andotherwise the We are committed to adopting andfollowing strong corporate governance practices that benefitallofourstockholders. We HIGHLIGHTS OFOURCORPORATE GOVERNANCE PROGRAM opportunities to highlightourkeyESGissues. term strategy, we continue to expand ourinternal ESGexpertise,advance ourreporting partnership activities, andidentifynew supports thesteering committee byidentifyingtheESGmatters that are most relevant part ofourlong- to ourbusiness.As our executive management team andemployeesfrom allofourbusinessunits andcorporate functions. Theworkinggroup In 2020,ourmanagement established across-functional, enterprise-wide ESGworkinggroup, whichincludesmembersof WORKING GROUP ANDESG MANAGEMENT STEERING ESG COMMITTEE Native American, Native Hawaiian, orAlaska Native, and/or whoself-identifies as gay, lesbian,bisexual,ortransgender. An underrepresented minority, African orURM,isanindividualwhoself-identifies asBlack, American, Hispanic, Pacific Latino, Asian, Islander, TO COVID-19 OUR RESPONSE standing Board comittees members ofourthree asareindependent, all 80% ofdirectors are Annual election ofdirectors director CEO; lead independent Separate Chairmanand COMMITMENTS OUR 2021 Proxy Statement 26 OUR PEOPLE CHAMPIONING andour women 20% ofdirectors are ethnically diverse candidates qualified women andracially or Director nomineewillinclude Selection poolfor independent minorities (URM)* underrepresented 20% ofdirectors are Corporate Governance PrinciplesandPolicies COMMUNITIES ADVANCING THE PLANET PROTECTING other publiccompany board no director onmore thanone Director “overboarding” policy; governance practices executive compensation and Engage withinvestors on racially orethnically diverse candidates will includequalifiedwomen and Selection poolfor external new CEO GOVERNANCE CORPORATE for amore detailed THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

makes agood faith report orassists ingood faith inaninvestigation. we conduct timelyandthorough investigations asappropriate. We donot tolerate retaliation against anyemployee who All reports ordisclosures that come through the Integrity Lineorother employee-reporting avenuesare taken seriously, and faith report orassists ingood faith inaninvestigation. various reporting mechanismsandmake clear that wedonot tolerate retaliation against anyemployee whomakes agood for employeesto raise concerns, includingviaanonymousreporting. Ourtrainings and “speak up” campaigns reinforce these and theday-to-day advocacy andsupportprovided bytheglobal Way2Play Team andHeroes. Weprovide anumberofways and reflected inallparts oftheWay2Play program: our onlineandroadshow trainings, theCompany’s “speak upcampaign” Building andmaintaining aculture of“speaking up” isafundamental tenet oftheWay2Play Team’s Thisisreinforced work. required to take additionaltraining inareas like sexualharassment training prevention and privacy. & DiversityTraining (see and acknowledge the anti-corruption. To helpensure continued global commitment to the which isabespoke, interactive onlinecourse covering thekeyconcepts and includinganti-bribery intheCodeofConduct, We alsohaverobust employeeisrequired onlinetrainings new to for take allofouremployees.Every our“Way2Play Training,” arise. they These ethics andcompliance trainings, doneinpersonorvirtually, address theethics andcompliance needsandconcerns as engages ininteractive “roadshow” trainings across for theglobe,specifically individuallocations developed andtheirneeds. the Company to promote ethics andcompliance in theirlocal workplaces. Together withourHeroes, theWay2Play Team regularly Additionally, our“Way2Play Heroes” initiative trains andempowerscarefully chosenemployees, knownas“Heroes”, from across various offices andacross the Legal team, Human Resources team, and other corporate functions. Way2Play Team isbased at theCompany’s headquarters, thebroader team extends globally andincludesindividuals from other resources that helpemployeesnavigate the“rightway to play”whileworkingat theCompany. Althoughthecore Compliance team (knownasthe“Way2Play Team”) creates policies,trainings, communications, andinitiatives, andprovides We operate arobust global ethics andcompliance program knownasthe“Way2Play” program. TheCorporate Ethics & of ourCode. and itoutlinesourexpectations ofallemployees.Wehavemultipleother policieswhichsupportorelaborate ontheprinciples ethics andcompliance policies.OurCoderequires allapplicable that laws andconduct weobey ourbusinesswithintegrity, The rightway to playstarts withour WAY2PLAY: PROGRAM ANDCOMPLIANCE OURETHICS TO COVID-19 OUR RESPONSE Code ofConduct COMMITMENTS OUR Developing Careers andGrowing Leaders Code ofConduct on an annual basis. Every new employeeisrequired new to onanannualbasis. take Every ourbespoke onlineEquality 27 OUR PEOPLE CHAMPIONING , whichisourethical foundation outliningourguidingprinciplesandkey COMMUNITIES ADVANCING for more information). Inaddition,employees are periodically Code ofConduct THE PLANET PROTECTING , wealsorequire allemployeesto review GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

training asdescribedabove. onthekeypoliciesincludedinCodeofConduct, elaborate onourprinciplesandexpectations, someofwhichare includedbelow. Ouremployees receive comprehensive Building upontheethical foundation wehavearobust laidoutinourCodeofConduct, set ofpoliciesthat furtherdetail and ETHICS ANDBUSINESS POLICIES Vendor CodeofConduct Reporting &Non-Retaliation Policy Human Rights Policy antitrust policies) Fair Competition Policies (i.e., Corporate Governance Policies Conflict Minerals Policy Harassment Policies Anti-Discrimination &Anti- &Anti-Corruption Policy Anti-Bribery TO COVID-19 OUR RESPONSE COMMITMENTS OUR 28 • • • • • • • • • • • • • • • OUR PEOPLE CHAMPIONING

and Compete WithIntegrity sections) Discrimination: Respect Differences sections) Code ofConduct Vendor CodeofConduct Code ofConduct Reporting andNon-Retaliation Policy Vendor CodeofConduct Code ofConduct Vendor CodeofConduct Code ofConduct Corporate Governance PrinciplesandPolicies Vendor CodeofConduct Conflict Minerals Policy Vendor CodeofConduct Code ofConduct Vendor CodeofConduct Code ofConduct COMMUNITIES ADVANCING (“Third Parties: DemandIntegrity” section) (Retaliation: WeDon’t Tolerate Itsection) (Respect HumanRights section) (WePlayFair, Trade Participate Associations: WithCare, (Harassment: Don’t DiversityandNon- DoIt; (Anti-Corruption: Business Without Bribery section) (Anti-Corruption: Business WithoutBribery (NoUnfair BusinessPractices; Privacy sections) (Responsible Sourcing ofMinerals section) (Discrimination: Respect for Individualssection section) (NoBribery THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

representing avariety ofmembersandmaytake political positions we donot orpolicy share. engage withtheseassociations to represent ensure they ourcore interests, buttheseare ultimately independent organizations in theUnited States. Thesetrade associations mayengage inlobbying oradvocacy activities onbehalfoftheirmembers. We We belongto trade associations that are focused onissuesthat affect usincludingtheEntertainment Association Software ADVOCACYINDIRECT ASSOCIATION ANDTRADE MEMBERSHIPS advocacy topolicy register anddiscloserelevant expenditures. We comply withallfederal, state, andlocal lobbyingregulations that require entitiesandindividualswhoengage inpublic makers.officials andpolicy regulations, andpoliciesthat affect us.Wealso retain outside consultants to supportourengagement with government Activision Blizzard engages withgovernment makers officialsandpolicy at the federal, state, onlegislation, andlocal levels ADVOCACYDIRECT political contribution, wewilldisclosethat contribution in ourESGreports. committee. Ifwedecide,onanexception basis and withthepriorapproval ofourChiefExecutive Officer, to make adirect to 501(c)(4)tax-exempt organizations that therecipient mayusefor political purposes.Wedonot haveapolitical action expenditure orelectioneering communication asthoseare definedbylaw. Activision Blizzard doesnot make payments 527 entitiesorto influence theoutcome ofcampaigns orballot measures, nordowedirectly pay for anyindependent Activision Blizzard doesnot make direct political contributions to individualcandidates, parties, committees, orIRS Section ANDEXPENDITURES POLITICAL CONTRIBUTIONS designated to represent theCompany insuchcapacity. personal political activities, and lobbyingactivities are permitted onlyincompliance withapplicable lawandbyindividuals Pursuant to ourCodeofConduct ( OFCONDUCT OUR CODE advocacy at thefederal, state, andlocal levels. Below wedescribehowActivision Blizzard participates inpublicdebate inthe United States through direct andindirect POLITICAL ACTIVITIES TO COVID-19 OUR RESPONSE COMMITMENTS OUR “Political Activities:BeResponsible” 29 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING section), ourresources maynot be usedfor employees’ THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

recipient mayusefor political purposes. fact. NoportionofActivision Blizzard’s duesare usedfor payments to tax-exempt organizations, suchas501(c)(4)s,that the least $25,000induesfrom usduringagivenyear are usedfor political contributions or expenditures, wewilldisclosethat If andwhenduespaid byActivision Blizzard to anyU.S. trade association orsimilartax-exempt organization that received at organization that received at least $25,000induesfrom usduring2020were usedfor political contributions orexpenditures. contributions orexpenditures. Noother duespaid byActivision Blizzard to anyU.S. trade association or similartax-exempt During theESA’s 2020fiscal year, according to theESA,$40,793ofActivision Blizzard’s ESAdueswere usedfor political TO COVID-19 OUR RESPONSE COMMITMENTS OUR 30 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

OUR AWARDS ANDRECOGNITION Webby PRovoke Human Rights Campaign FORTUNE Forbes Engage for Good’s HaloAwards Built inLos Angeles Adweek Comparably Vetty TO COVID-19 OUR RESPONSE COMMITMENTS OUR z z z z z z z z z z z z

&Activism”“Public Service category for TheEndowment’s In 2020,Activision Blizzard andTheEndowmentwere finalists for aWebbyinthe The Influence 100 Helaine Klasky, ourChiefCommunications Officer, was includedin Activision Blizzard has a100%rating onHRC’s 2020Corporate Equality Index 2020 (for thethird consecutive year) Activision Blizzard was namedoneofthe“Best Places to Workfor LGBTQ Equality” in since 2016 Activision Blizzard hasbeenoneofFortune’s “World’s Most Admired Companies” In 2020,Activision Blizzard was onAmerica’s Best Employerslist Volunteerism” category for our2019Veterans DayofService In 2020,Activision Blizzard was nominated for aHaloAward inthe“Group #HireHonor category (Activision Blizzard andTheEndowment’s third win)for TheEndowment’s In 2020,Activision Blizzard andTheEndowment wonaHaloAward in“Social Service” Positive Change Activision Blizzard was namedonthe Most Powerful Women inSports Johanna Faries, the Commissioner ofthe In 2019,TheEndowmentreceived aVetty Award inthe“Employment Category” Claudine Naughton, ChiefPeople Officer, was includedin 31 OUR PEOPLE CHAMPIONING campaign (2020) (2020) COMMUNITIES ADVANCING (2020) THE PLANET PROTECTING 100 BestPlaces to Work inLos Angeles Call ofDutyLeague GOVERNANCE CORPORATE 50 People Leaders Driving #HireHonor ™ , was namedoneofthe

campaign THIS REPORT ABOUT

in2020

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT REPORT ABOUT THIS FROM OURCEO FROM MESSAGE COMPANY OUR

facts are forward-looking statements. Wegenerally use words suchas“will,” “could,” “should,” “would,” “to be,” Note RegardingCautionary Forward-looking Statements: Thestatements contained inthisreport that are not historical ourprogramsand evolve onanongoing basis. For anyfeedback orquestions, please contact [email protected]. We take ofallourstakeholders seriouslytheviews ourcommitments andrevise Wewillrevisit andactively seektheirinput. to Activision Blizzard, Inc.andits operating units onaconsolidated basis. notedotherwise orunlessthecontext requires, otherwise “Activision Blizzard,” “we,” “us,” “our Company,” and“Company” refer 1,2020through December noted.This documentcovers 31,2020,unlessotherwise Inaddition,unless theperiodJanuary we are unableto confirm independentlyits accuracy orcompleteness. and other vendors we workwith.Weare relying onthesethird parties andtheinformation provided for they thisreport since relied oninformation provided andrepresentations madebyvarious third parties, includingownersofthedata centers we use specifically that for the Technology andCommunications: Softwaresector. &ITServices In conducting this research, wehave and ourstakeholders. Thisworkwas informed bytheSustainability Accounting Standards Board (SASB)reporting framework, zard ESG-related data withthegoal ofreporting ontheinformation wedetermined was ofmost significance to ourbusiness more information about ourworkinggroup. Thisteam identified,gathered, andanalyzed awidespectrum ofActivision Bliz nal, enterprise-wide ESGworking group, Please whichincludesmembersofourmanagement. seeCorporate Governance for reduce costs, protect brand value, andidentifymarket opportunities.Therefore, ourmanagement established across-functio to manyofourstakeholders, especiallyasembedded ESGinitiatives, policies,strategies, andgoals can helpmitigate risk, Activision Blizzard understands that reporting onenvironmental, social,andgovernance matters isofincreasing importance brands, and/or games, services, businesspractices; ourabilityto attract, retain, andmotivate skilledpersonnel; rapid amongasmallnumberoffranchises;of revenue ourabilityto satisfy theexpectations of consumers withrespect to our in foreign exchange rates); ourabilityto consistently deliverpopular, concentration high-qualitytitlesinatimelymanner; tion bytheFederal andother central Reserve banks around theworld, includingtheimpact oninterest rates; andvolatility product to customers; effects on our ability to release theimpact our content oflarge-scale inatimelymanner; interven a resulting impact spending;potential onglobal discretionary strain ontheretailers anddistributors whosellourphysical without limitation, thepotential for significant short- andlong-term global unemploymentandeconomic weakness and forward-looking statements. Suchfactors include,butare not limited to, theongoing global impact ofCOVID-19 (including, cluding ourabilityto satisfy anycommitments to we havemadeinthisreport, differ materially from thoseexpressed inany theCompany’sbeyond control, could cause Activision Blizzard’s actual future results andother future circumstances, in inherently uncertain anddifficult to predict. TheCompany cautions that anumberofimportant factors, manyofwhichare mic risks,reflect management’s current expectations, estimates, and projections abouttheCompany’s business,andare expressions to helpidentifyforward-looking statements. Forward-looking statements are subject to businessandecono “plan,” “aims,” “believes,” “may,” “might,” “expects,” “intends,” “seeks,” “anticipates,” “estimate,” andother similarwords and TO COVID-19 OUR RESPONSE COMMITMENTS OUR 32 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

- - - - INDEX SASB -

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

Report onForm 10-Kfor theyear endedDecember 31,2020.Anyforward-looking statements inthisreport are based on rity risks;andtheother factors identifiedinthe“RiskFactors” sections includedinPart I,Item 1AoftheCompany’s Annual networks to operate ourgames potential andourproprietary onlinegaming service; data breaches andother cybersecu key territories; compliance withcontinually lawsandregulations evolving concerning data privacy; and reliance onservers ties ofconducting businessoutside theUnited States; increasing regulation ofourbusiness,products, anddistribution in piracy andunauthorized copying ofourproducts; orbusinessfailure insolvency ofany ofourpartners; risksand uncertain risks relating to customers, licensees, licensors, andmanufacturers; risksassociated withouruseofopensource software; posed bythecovenants intheagreements governing theseasonality ourdebt; inthesaleofourproducts; counterparty external ofsomeoursoftware for development developers products; theamountofourdebt andthelimitations im as welltheoutcome ofcurrent orfuture tax disputes; ourabilityto sellproducts reliance at assumedpricinglevels; on associated withlegal proceedings; intellectual property claims;changes intax rates orexposure to additionaltax liabilities, turing actions; ourabilityto quicklyadjust ourcost structure inresponse to suddenchanges indemand;risksandcosts expected financialandoperational benefits of, andeffectively implementandmanage, ourpreviously-announced restruc small numberofconsumers for asignificant andprofits portionofrevenues from anygivengame; ourabilityto realize the manufactured bythird parties; risksassociated withthefree-to-play businessmodel,includingdependence onarelatively and costs; risksassociated withtransitions to next-generation consoles; success andavailability ofvideogame consoles businessesonourexistinginto new businesses;substantial influence ofthird-party platform providers overourproducts to issuesrelating to theoperations acquired ofournewly orstarted businessesandthepotential impact ofourexpansion continued growth inthescope andcomplexity ofourbusiness,includingthediversionmanagement timeandattention portance derivedfrom ofrevenues digital distribution channels;risksassociated withtheretail salesbusinessmodel;the standards;changes andindustry intechnology competition, includingfrom other forms ofentertainment; increasing im materially from current expectations.. ject to risks,uncertainties andother factors, ourcontrol someofwhichare beyond andmaycause actual results to differ ultimately prove to beincorrect. Thesestatements are not guarantees ofthe Company’s future performance andare sub such forward-looking statements. Althoughtheseforward-looking statements may to are betruewhenmade,they believed information available to the Company asofthedate ofthis release, andthe Company assumesnoobligation to update any TO COVID-19 OUR RESPONSE COMMITMENTS OUR 33 OUR PEOPLE CHAMPIONING COMMUNITIES ADVANCING THE PLANET PROTECTING GOVERNANCE CORPORATE THIS REPORT ABOUT

- - - - INDEX SASB - -

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT INDEX SASB

FROM OURCEO FROM MESSAGE COMPANY OUR

TECHNOLOGY ANDCOMMUNICATIONS –SOFTWARE &ITSERVICES Net bookings SASB: TC-IM-000.A (monthly active users(MAUs)) Entity-defined measure ofuseractivity Total workforce Revenue METRIC TO COVID-19 OUR RESPONSE COMMITMENTS OUR 34 OUR PEOPLE CHAMPIONING 2020 December 31,2020were asfollows: Segment net for revenues theyear ended half ofwhichwere from in‑game net bookings Blizzard’s net bookings For theyear endedDecember 31,2020,Activision which breaks downbysegment asfollows: Activision Blizzard had397millionMAUs For thequarter endedDecember 31,2020, by region asfollows: These employeesapproximately break down segment asfollows: employees approximately break downby and theremaining 201were part-time). These 9,630 employees(9,429ofwhichwere full-time ofDecember 31,2020,Activision BlizzardAs had digital channels. morein revenue, than80%ofwhichwas from In 2020,Activision Blizzard had$8.1billion ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶

King: $2.16billion Blizzard: $1.91 billion Activision: $3.94billion King: 240million Blizzard: 29million Activision: 128million Asia Pacific: 4% Europe, MiddleEastandAfrica: 28% North America: 68% Other: 7% King: 20% Blizzard: 45% Activision: 27% COMMUNITIES ADVANCING 2 billion, over were $8.42 billion,over THE PLANET PROTECTING 1 , 2 . December 31, 2019were asfollows: Segment net for revenues theyear ended half ofwhichwere from in‑game net bookings Blizzard’s net bookings For theyear endedDecember 31,2019,Activision which breaks downbysegment asfollows: Activision Blizzard had409millionMAUs, For thequarter endedDecember 31,2019, by region asfollows: These employeesapproximately break down segment asfollows: employees approximately break downby and theremaining 80were part-time). These 9,234 employees(9,154ofwhichwere full-time ofDecember 31,2019,Activision BlizzardAs had digital channels. morein revenue, than75%ofwhichwas from In 2019,Activision Blizzard had$6.5billion 2019 ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶ ▶

King: $2.03billion Blizzard: $1.72 billion Activision: $2.22billion King: 249million Blizzard: 32million Activision: 128million Asia Pacific: 4% Europe, MiddleEastandAfrica: 30% North America: 66% Other: 7% King: 21% Blizzard: 46% Activision: 26% GOVERNANCE CORPORATE 2 were $6.39 billion, over were $6.39billion,over THIS REPORT ABOUT

1

2 INDEX SASB .

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

facilities (excluding data centers) Global square footage ofbuildingsand Number andlocation ofdata centers SASB: TC-SI-000.C is outsourced Amount ofdata storage, andpercentage which SASB: TC-SI-000.B which isoutsourced Data processing capacity, andpercentage METRIC TO COVID-19 OUR RESPONSE COMMITMENTS OUR 35 OUR PEOPLE CHAMPIONING Not Reported 2020 December 31,2020). across 80properties2.3 millionsq.ft. (asof operate anydata centers. externally managed; wedidnot ownor All ofActivision Blizzard’s data centers were 32 data centers (asofDecember 31,2020). Not Reported COMMUNITIES ADVANCING THE PLANET PROTECTING of December 31,2019). 2.4 millionsquare feet across 95properties (as operate anydata centers. externally managed; wedidnot ownor All ofActivision Blizzard’s data centers were 33 data centers (asofDecember 31,2019). Not Reported Not Reported 2019 GOVERNANCE CORPORATE THIS REPORT ABOUT

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

Expression & Freedom of Data Privacy Infrastructure Hardware Footprint of Environmental TOPIC TO COVID-19 OUR RESPONSE grid electricity, (3) percentage renewable (1) Total consumed, energy (2) percentage ACCOUNTING METRIC filtering, orcensoring required monitoring, blocking, content are subjector services to government- List ofcountries where core products resulting indisclosure information was requested, (3) percentage user information, (2) numberofuserswhose (1) Number oflawenforcement requests for legal proceedings associated withuserprivacy Total lossesasaresult amountofmonetary of purposes for secondary Number ofuserswhoseinformation isused to behavioral advertisinganduserprivacy Description ofpoliciesandpractices relating High orExtremely HighBaseline Water Stress consumed, percentage ofeach inregions with (1) Total water withdrawn, (2) total water planning for data center needs environmental considerations into strategic Discussion oftheintegration of COMMITMENTS OUR 36 OUR PEOPLE CHAMPIONING

COMMUNITIES ADVANCING Percentage (GJ), Gigajoules MEASURE UNIT OF n/a (%) Percentage Number, Currency Reporting Number n/a n/a (%) Percentage (m³), meters cubic Thousand (%) TC-SI-220a.5 TC-SI-220a.4 TC-SI-220a.3 TC-SI-220a.2 TC-SI-220a.1 TC-SI-130a.3 TC-SI-130a.2 TC-SI-130a.1 CODE THE PLANET PROTECTING significant number. business, wedonot that itwouldbea believe At thistimewedonot track thismetric. Givenour significant number. business, wedonot that itwouldbea believe At thistimewedo not track thismetric. Givenour Reports onForm 10-K willbereportedlosses, they inour with userprivacy. Ifandwhenwehavematerial losses asaresult oflegal proceedings associated In 2020,Activision Blizzard suffered nomaterial this information. Activision Blizzard doesnot currently track Employees, Players,andFans.” See “Protecting thePrivacy andData ofOur Footprint.” See “Reducing Our Data Centers’ Environmental environmental impact. information aboutourefforts to reduce our See “Protecting thePlanet” for more providers to collect thesemetrics. are similarlyengaging withthesedata center addition, weoutsource ourdata centers and related to ourenvironmental footprint. In our expectation around transparency indata offices and other facilities, andwe communicate for environmentally friendlypractices inour landlords andproperty managers to advocate these properties. Wecontinue to engage our with ouroffices, aswelease themajorityof andwaterto theenergy footprint associated At thistime,weare unableto collect data related INFORMATION GOVERNANCE CORPORATE . THIS REPORT ABOUT

Annual

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

Workforce & Skilled Diverse a Global, & Managing Recruiting Data Security TOPIC TO COVID-19 OUR RESPONSE (2) percentage involving personally (1) Numberofdata breaches, ACCOUNTING METRIC (2) technical staff, and(3) allother employees group representation for (1) management, Percentage ofgender andracial/ethnic Employee engagement asapercentage and (2)located offshore that are (1)foreign nationals Percentage ofemployees of third-party standards cybersecurity addressing data securityrisks,includinguse Description ofapproach to identifyingand (3) numberofusers affected identifiable information (PII), COMMITMENTS OUR 37 OUR PEOPLE CHAMPIONING Percentage Number, MEASURE UNIT OF (%) Percentage (%) Percentage (%) Percentage n/a (%) COMMUNITIES ADVANCING TC-SI-330a.3 TC-SI-330a.2 TC-SI-330a.1 TC-SI-230a.2 TC-SI-230a.1 CODE THE PLANET PROTECTING * Underrepresented minorities (URM):BlackorAfrican ** * See “Engaging Employees.” 75%. 37.2% (asofDecember 2020) Located outside oftheU.S. (%global workforce): (% global workforce): 16.8%(asofDecember 2020) work) inwhichthey citizens ofthecountry Foreign nationals (i.e., employeeswhoare not Employees, Players,andFans” See “Protecting thePrivacy andData ofour Not reported. INFORMATION Overall Level

Native, or Other Pacific Islander, American, with “unknown” or“prefer notto say” The percentages exclude individuals who responded GOVERNANCE CORPORATE andTwo orMore HispanicorLatino, 24%* (Global) Female American IndianorAlaska Races THIS REPORT ABOUT Native

Hawaiian 34%* (U.S. Only) URM** .

INDEX SASB

2020 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT FROM OURCEO FROM MESSAGE COMPANY OUR

2 1 Disruptions Technology Risks From Systemic Managing Behavior Competitive Protection & Property Intellectual TOPIC content and microtransactions sold duringtheperiodandisequalto in-game net excluding revenues theimpact from deferrals. publisher incentives, amongothers. Net bookingsisequalto net excluding revenues theimpact from deferrals. In-game net bookings primarilyincludesthenet amountofdownloadable not available, reasonable estimates ofMAUs for thesethird-party publishedgames. a singleuser. In certain instances, werely onthird parties to publishourgames. Inthese instances, MAU data isbased oninformation provided to usbythose third parties, or, iffinaldata is relevant periodwouldbecounted astwousers.For Blizzard, anindividual whoaccesses thesamegame ontwoplatforms ordevices intherelevant periodwouldgenerally becounted as our games wouldbecounted astwousers.Inaddition,dueto technical limitations, for Activision andKing,anindividualwhoaccesses thesame game ontwoplatforms ordevices inthe in aperiodbyaddingthetotal numberofMAUs in each ofthemonthsinagivenperiodanddividingthat total bythenumberofmonthsinperiod.Anindividual whoaccesses twoof Net bookingsisanoperating metric that isdefinedasthenet amountofproducts solddigitally andservices orsold-in physically intheperiod,andincludes license fees, merchandise, and We monitor MAUs asakeymeasure oftheoverall size ofouruserbase. MAUs are thenumber ofindividualswhoaccessed aparticular game inagivenmonth.Wecalculate average MAUs TO COVID-19 OUR RESPONSE Total lossesasa amountofmonetary ACCOUNTING METRIC related to disruptions ofoperations Description ofbusinesscontinuity risks customer downtime disruptions; (3) totaland (2) Service Number of(1) performance issues anticompetitive behaviorregulations result oflegal proceedings associated with COMMITMENTS OUR 38 OUR PEOPLE CHAMPIONING

Reporting MEASURE UNIT OF n/a Days Number, currency COMMUNITIES ADVANCING TC-SI-550a.2 TC-SI-550a.1 TC-SI-520a.1 CODE THE PLANET PROTECTING Risk Factors section contained in that report. Annual Report onForm 10-K disruptions, please refer to ourmost recent management ofsystemic risksfrom technological For information concerning theCompany’s not impact themajorityofourplayers. limited to oneregion, anddo game, orcountry circumstances. Typically, theseoutages are disruptions duetounplanned service unforseen our products mayexperience temporary, rare, thereWhile very are timeswhen Annual Reports onForm 10-K material will bereported losses,they in our behavior regulations. Ifandwhenwehave no material lossesrelated to anti-competitive In calendar year 2020,Activision Blizzard suffered INFORMATION GOVERNANCE CORPORATE THIS REPORT ABOUT , includingthe .

INDEX SASB