Micron Technology : 2023 DEI report

2023

DEI Report

Contents

1. What makes us Micron
2. A message from President and
   Chief Executive Officer Sanjay Mehrotra 

1. What makes us unique
2. Our aspirational DEI commitments
3. What makes us accountable
4. Our DEI data

1. What makes us innovative
2. Ready for global expansion
3. Fostering inclusive strategic partnerships
4. Elevating university partnerships

1. Identifying alternative pathways

1. What makes us dedicated
2. Dedication to advancing women
3. Nurturing women and girls in STEM

1. What makes us inclusive
2. Our 10 employee resource groups

35 What makes us excited

37 Expanding outreach to rural and Indigenous communities and people with disabilities

1. What makes us bold
2. Our investment with diverse financial institutions

1. What makes us uplifting
2. Building a diverse supplier ecosystem
3. What makes us collaborative
4. Our strategic partnerships
5. What makes us recognized
6. Global awards for our efforts
7. Awards and partnerships
8. Appendix
9. Data dictionary

51 Data tables

What makes us

Micron

Nicolas Soberanes

Micron Hispanic Professionals

What makes us Micron

A message from President and Chief Executive Officer Sanjay Mehrotra 

For more than 45 years, Micron has been an innovator of memory and storage solutions. As an industry leader, we have committed to a diversity, equality and inclusion strategy that boosts competitiveness, spurs innovation and advances our corporate mission.

Since 2018, we have published our annual DEI report to share our progress on our core diversity and inclusion initiatives. This year's report, "What makes us Micron," reflects the commitment and contributions of our team members toward building an inclusive culture

• a culture that is prepared to support a global, diverse and complex workforce of the future and our vision to enrich life for all.

Over the past year, the memory and storage industry faced one of the most challenging market downturns in our history. Despite this, Micron's world-class teams

remained disciplined and focused, ensuring ongoing leadership in foundational memory technologies and the expansion of our industry-leading product portfolio. We see a strong future ahead with advances in generative artificial intelligence (AI) expected to drive new demand for memory solutions for years to come.

We have remained steadfast in our work building an inclusive team culture. We have 10 actively engaged employee resource groups (ERGs), with membership that grew to more than 47% of our global workforce in fiscal year 2023 (FY23). These more than 20,400 ERG members represent every walk of life and serve as ambassadors both inside and outside the company. They represent the full spectrum of our talent - team members from every level who are the heart of Micron's culture and drivers of our innovation.

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What makes us Micron

We believe it is our responsibility to shape our industry in a way that considers everyone. Our inclusive values are at the forefront of how we do business, from increasing the diversity of the supplier ecosystem to investing in inclusive science, technology, engineering and math (STEM) education. We are pleased to share how our community investments and partnerships are igniting enthusiasm among teachers, parents and students in STEM so that perhaps someday they can be part of what our industry creates for the world.

Our industry needs more skills-based technician and engineering talent to meet future demand for semiconductor solutions. To find that talent, we must eliminate the barriers to entry that many people face, both in early education and workforce development. These barriers are why we invest in K-12 STEM education, in addition to traditional community colleges and universities. We also promote nontraditional

pathways to semiconductor careers, prioritizing engagement in rural and underserved communities.

In collaboration with the Micron Foundation, we are investing in initiatives around the globe to create greater access to opportunities across our industry. These include expanding STEM education for young girls

in India, forming a collaborative U.S./Japan semiconductor university alliance (UPWARDS for the Future), and driving partnerships with organizations focused on promoting interest in engineering among women, Hispanic and Black populations. We are also partnering to create skills-based programs to blaze new pathways for the next generation of semiconductor technicians.

While we still have significant work to do, I am proud that our recent progress has been recognized by several global organizations committed to advancing diversity and inclusion.

Some noteworthy examples from FY23 include a top score from Disability:IN on the Disability Equality Index, an objective, reflective, forward-thinking disability rating tool designed to assist businesses in advancing inclusion practices. We moved into 10th place on the Just 100 ranking, achieving a top-10 position for the first time in Micron's history. We also received global recognition for our commitment to LGBTQ+ inclusion, earning a perfect score for the third year in a row on the Human Rights Campaign's Corporate Equality Index. We earned gold and silver recognitions for similar equality indexes in Japan and India, respectively, and received the top prize, the Workplace Excellence Outie Award, at the Out & Equal conference.

These results stem from our team's steadfast commitment to our diversity and inclusion initiatives. We hold ourselves accountable because we believe these initiatives are central to attracting the future workforce

that will develop tomorrow's memory and storage solutions. We will continue our work to advance our DEI commitments, and together, we can and will make a difference.

Through it all, we are unlocking the data economy while leaving no one behind. And that's what makes us Micron.

Sanjay Mehrotra

President and CEO

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What makes us Micron

"We advocate for all to have access to exciting STEM careers by bringing programs like our Micron Foundation's Chip Camp to rural areas and countries outside the U.S. At the same time, our innovation depends on a culture of inclusion that begins with preparing our leaders to create a psychologically safe environment - where even the most entry-level team member feels emboldened to challenge the status quo. That's what makes us stronger. That's what makes us Micron."

April Arnzen

Executive Vice President, Chief People Officer

and President of the Micron Foundation

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What makes us Micron

"What I love about Micron is that we always try to go beyond what's possible. That's why we welcome people from all over the world, from all backgrounds and from all experiences. It's that diversity of thought that generates the best ideas to propel our innovation. It's what makes us better.

It's what makes us Micron."

Fran Dillard

Vice President and Chief Diversity Inclusion Officer

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What makes us

unique

Cassidy Gehring

Micron Young Professionals

What makes us unique

Our aspirational DEI commitments

What make us unique and inspirational are our bold diversity, equality and inclusion (DEI) commitments, born from our values and embedded in how we do business. Since 2020, our diversity, equality and inclusion commitments have been the cornerstone of our work. We know when we intentionally embed DEI in how we do business, we elevate our innovation and create inclusive opportunities. In FY23, we refined our focus from six to five commitments, making them more concise and impactful. Our executive team is responsible and accountable for the strategy and execution of our aspirational commitments.

As part of Micron's commitment to diversity, Micron does not discriminate against any employee, applicant for employment, supplier, client, or customer because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information or any other trait protected by law. In addition, Micron is fully committed to taking affirmative action to ensure that Micron treats all persons without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information or any other trait protected by law. Micron is also committed to expanding talent pipelines, partnering with educational and government institutions, and creating a culture that provides an inclusive, engaging and innovative experience for all our team members. We engage with financial institutions aimed at broadening underrepresented communities' access to capital, and we seek to increase our pipeline

of diverse suppliers for potential business opportunities. However, our aspirational DEI commitments are not taken into account with regard to employment selection, promotion or other decisions, including decisions regarding suppliers. Micron will never compromise on our goals to hire, promote and retain only the best qualified candidate for a given position or to select the best supplier or investment to meet our business needs.

Our DEI commitments

Increase hiring from nontraditional pathways, underrepresented groups and disadvantaged populations

Drive equitable pay and inclusive benefits

Champion advocacy and strengthen our culture of inclusion

Engage with diverse financial institutions for cash management

Increase diverse supplier representation and spending

"Micron is creating leading-edge memory solutions to drive the world forward, but we must also meet the challenge of a predicted talent shortfall and trillion-dollar semiconductor industry by 2030. Thus, it is critical to seek more partnerships with educational and government institutions and to continue to expand our global applicant pool of diverse and exceptional talent."

Scott DeBoer

Executive Vice President of Technology and Products

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What makes us

accountable

Rick Frianeza

Mosaic