Icahn Enterprises Activist Presentation Deck

KEY INPUTS FOR MCDONALD'S' ASSESSMENT ESG rating agencies, frameworks and standards, and industry norms captured from six ESG peers Assessed Peers CAWS Unilever ISS ESG PEPSICO MSCI DEVELOPMENT GALS SUSTAINABILI Yum! Key ESG Ratings Agencies STANDAR ESG Frameworks and Standards 112 SASB ACCOUNTING BOARD TM SUSTAINALYTICS TCFD r TASK FORCE ON CLIMATE-RELATED NCIAL DISCLOSURES FIN restaurant brands FAIRR BBFAW Business Benchmark on Farm Animal Welfare A COLLER INITIATIVE GRI CHIPOTLE Empowering Sustainable Decisions CDP 52

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