2021 Diversity & Inclusion Overview Table of Contents Our Company Our Path Our Commitment 2 5 8 27 Letter From President & CEO Priorities for 2021 Hearst Television Hearst Transportation Steven R. Swartz 6 13 29 3 Hearst Ethnicity Summary Hearst Magazines Hearst Ventures Overview of Hearst 7 17 31 4 Hearst Gender Summary Hearst Newspapers Hearst Diversity & Inclusion Mission Corporate Teams 21 Fitch Group 39 Hearst Foundations 24 Hearst Health Our Company Letter From Steven R. Swartz Dear Colleagues, The theme of this report is RISE: For our current Hearst team Reinforcing Inclusion, Supporting members, we want this report to This is the first of what we plan Equity. We know that a more be interactive, so please use it as to be an annual overview of our diverse workforce is a stronger a catalyst for conversations within efforts to build a more diverse, workforce, and we achieve this your operating units about how equitable and inclusive company. by doing everything we can to we are doing in these vital areas. Included here is a set of data that make all of our people, with our For those considering joining us, shows how our U.S. employee different races, genders and sexual we hope you find in these pages a representation stands today. orientations, feel completely company that is working hard to Clearly, we have work to do so welcome and supported at our learn, grow and strengthen. that our workforce — at all levels company. We are confident that, — reflects the communities that Throughout this report, you’ll working together, we can we serve. That work is underway, see diversity, equity and inclusion help make our company, the and we are committed to making efforts that are going on within communities we serve and progress on this each year and our company and how we our country stronger, more inclusive, fair and just. sharing those results with all promote those core values in of you. our products and services. Sincerely, Steven R. Swartz President & Chief Executive Officer Our Company Guidan are ce B C us th in al e s e s H e 5 s levision Overview of Hearst l Te Sta a c tio o n ds & S L s ran erv 3 B ic 3 + es 25 Hearst was founded in 1887 by William Randolph Hearst, and its history shows an evolution from a newspaper and magazine publisher to a global company with a public service mission woven throughout its businesses. s in 30+ C ion oun at tr er ie p s With a strong presence in the worlds of consumer O 20% Ownership media, software and medical and business data, With Disney Hearst team members play a role in informing Joint readers and viewers during a time of great change in 50% Ownership Ventures the country and world, making the healthcare system With Disney safer and more effective, ensuring that jet airplanes and helicopters are safe to fly and that bonds are Inve sound investments for pension funds and retirees. rent stm ur en C ts 6 These distinct units of the company are united by a 4 single cause, which is a shared commitment to public safety and providing vital information that consumers 2 s 4 lie and businesses depend on. Da ek ilies & 52 We Today, Hearst employs 24,000 people around the world, with 14,000 working in the United States. Currently Invested Hearst is immensely proud of its family of team D s Corporate in 30 Startups a e t m a Ti Independent Private Re n Learning & Team members and continues to build an organization fe lio Employee Giving renc 0 Bil Development Philanthropies ed 1 & Volunteering as diverse as the communities it serves. Operating Separately From Hearst $ Partnerships 1 d Recruiting .3 e rd Supplier Bi a llio w n in Funds A Diversity Effort | 3 Our Company Diversity & Inclusion Mission Hearst’s varied businesses are all linked by the incredible people who make the company succeed. These talented minds come from diverse backgrounds, have differing viewpoints and are the result of myriad cultures and experiences. Hearst’s ongoing goal is to celebrate, Fitch Group Hearst Transportation Hearst Magazines promote and foster diversity throughout its companies, including employees, the global supply chain and diverse customers. Hearst Television Hearst Newspapers: Stephen Lam/Special to the Chronicle Hearst Health | 4 Our Path RISE Reinforcing Inclusion Supporting Equity Priorities for 2021 Aspire to a workplace culture that encourages all of our colleagues to bring their full selves to work — backed by timely training programs, supportive conversations and robust employee resource groups (ERGs). Widely adopt best-in-class recruiting strategies — including creative sourcing and objective assessment — so that we can better attract and onboard diverse talent. Evaluate and expand our professional development processes (mentorship, sponsorship, performance management) to ensure equitable access to and support for advancement opportunities. Communicate progress and successes with our colleagues in order to reinforce the importance of these efforts and hold ourselves accountable. Build programs and initiatives that further diversify our relationships with suppliers, content creators and e-commerce and affiliate partners. | 5 Our Path Hearst Ethnicity Summary 3% <1% <1% 2% <1% <1% 3% <1% <1% 8% 9% 11% 5% 10% 8% 5% ALL MANAGERS NEW HIRES 8% EMPLOYEES & ABOVE 11% (12 MONTH ROLLING) 73% 78% 64% White Black or African American Hispanic or Latino Asian Two or more races American Indian or Alaska Native Native Hawaiian or other Pacific Islanders Graphs reflect full- and part-time U.S.-based employees as of December 2020. Data excludes employees for whom race/ethnicity has not been disclosed. | 6 Our Path Hearst Gender Summary 42% ALL MANAGERS 51% NEW HIRES 48% 52% EMPLOYEES & ABOVE (12 MONTH ROLLING) 58% 49% Female Male Graphs reflect full- and part-time U.S.-based employees as of December 2020. Data excludes employees for whom gender has not been disclosed. An option for employees to select “nonbinary” will be introduced in 2021 and reported in data going forward. | 7 Hearst Hearst Hearst Hearst Hearst Hearst Hearst Television Magazines Newspapers Fitch Group Hearst Health Transportation Ventures Corporate Teams Foundations Our Commitment With 33 television and two radio stations, Hearst Television delivers news, entertainment and other content to eager viewers across the country. Today, Hearst Television reaches over 21 million U.S. television households in 39 states. And through partnerships with nearly all major networks, Hearst Television distributes national programming over nearly 70 video channels, including programming from ABC, NBC, CBS, CW and Estrella. From the creative teams behind the scenes to on-air talent, Hearst Television celebrates diversity. RETURN TO TABLE OF CONTENTS Hearst Hearst Hearst Hearst Hearst Hearst Hearst Television Magazines Newspapers Fitch Group Hearst Health Transportation Ventures Corporate Teams Foundations Our Commitment Hearst Television “It Starts With Me” Project CommUNITY PSA Hearst Television launched Project The Television group extended CommUNITY in 2019 to focus storytelling on divisive issues in the reach of Project CommUNITY the communities it serves. In 2020, with a campaign highlighting the the initiative shifted its focus importance of personal responsibility to addressing racial inequities and the benefits of creating a more and healing divides. Stations equitable world with the “It Starts are committed to highlighting With Me” PSA. Broadcast across all issues of racial disparity through of Hearst Television’s 33 TV stations, ongoing reporting that educates, “It Starts With Me” represented a enlightens and encourages more way to tangibly and authentically just and equitable communities. address systemic racism — and make The initiative leverages local a change. editorial content and storytelling to shine a light on core issues that fuel the powerful call for change. | 9 Hearst Hearst Hearst Hearst Hearst Hearst Hearst Television Magazines Newspapers Fitch Group Hearst Health Transportation Ventures Corporate Teams Foundations Our Commitment Hearst Television Fred Young Fellowship Jailyn Anderson Charles Jackson In 2014, Hearst Television created the News Producer, Burlington, Vt., WPTZ, Digital Sales Manager, Jackson, Miss., Fred Young Fellowship, which offers a paid Fred Young Fellowship Alum WAPT, Staff Sergeant, U.S. Air Force Veteran training program for graduating seniors seeking a career in local news, specifically as a newscast producer. The goal is to identify talented young producers, develop their skills and set them on a course to become leaders in our news departments. Fifty percent of fellows chosen have been people of color, and 67% of those remain with the company today. I joined the Diversity & Inclusion When Hearst Television recruited me, Veterans Taskforce started at my station every interviewer thanked me for Veterans, reservists and military spouses are because growing up, I didn’t see my military service. When I joined, a vital part of Hearst Television, where their stories about people who looked like I felt my experience as a veteran — service and experience are highly valued me in the local news, and I wanted my discipline, drive and goal setting in positions spanning all departments and — was valued, and I was recently disciplines. The recently launched Military to change that. Project CommUNITY promoted to a sales manager Might Employee Resource Group is a allows us to produce content position. Hearst Television gets it meaningful avenue to bring employees we are passionate about. together from across the country