Lendlease Annual Report 2022

Our focus areas 41 Learning Our people make all the difference. To support them, we are developing new global leadership programs in partnership with INSEAD. These programs are focused on building modern and inclusive leaders at all levels of the organisation, across all regions. We have developed and launched global programs to drive sponsorship of diverse talent by senior leaders while removing barriers to accelerate under-represented talent. Our Ignite program which focusses on female talent launched in February 2022 with 56 participants. We have engaged Korn Ferry and together, co- designed Mosaic, a Racial Equity and Sponsorship program. A cohort of 72 will be invited to participate in the 2022 program. These programs enhance and align to regional initiatives to drive representation and inclusion throughout our organisation. Culture We continue to be proud of our culture and our values. They drive the way we interact that creates a sense of belonging and an environment for our people to thrive as part of a team; grow with the organisation; and to deliver for our customers and communities. People want to work on our projects because of their impact on communities and our culture of care. This is reinforced by our Foundation work and initiatives that continue to offer leading wellbeing programs to our people and their families. We continue to invest in listening to our employees, formally through our employee engagement survey as well as informally. Our Global Engagement Score is 58 per cent which is below the industry average and well below our expectations. We have developed action plans to improve the experience of our people. This will be a key area of focus in FY23. Pleasingly, our guiding principles of Safety, Sustainability, and Customer focus continue to resonate with our people and remain among our top performing areas. Safety and Sustainability in particular measure 81 per cent and 86 per cent favourable respectively. Our Executive engagement has improved by 10 points to 78 per cent. Based on the feedback from the survey, we remain focused on building leadership capability, providing career growth and developing our people. The Group has a diverse global workforce reflecting our geographical footprint. We are committed to creating a workplace that unites diverse people and minds where respect and equity are the norm. Employee wellbeing Further investment in the support for employee wellbeing emphasises the importance we place on psychological safety. Our industry leading position has been recognised externally and we won the ‘Best Mental Health in the Workplace Strategy: Large Company’ category at the This Can Happen Global 2022 awards. Engagement scores compared with benchmarks Australia Lendlease Group Americas UK China Japan Malaysia Italy Singapore 0 10 20 30 40 50 60 70 80 90 100 Engagement score (May 2022) Country average scores Global average score Initiatives Mental Health First Aid • Provides mental health awareness skills and knowledge • c.800 employees became Mental Health First Aiders • c.400 Leaders completed Mental Health First Aid for Leaders training Global Roadmap to Wellbeing program • Helps navigate conversations and connections in a changing world, deal with stress, build resilience and unlock potential through exercise, sleep and nutrition • c.750 employees completed the Roadmap to Wellbeing Learning You Can’t Ask That • Raising awareness of mental health as part of World Suicide Prevention Day and R U OK? Day • c.1100 employees attended