Rite Aid : Sustainability Report - 2022

2022 Environmental,

Social & Governance

(ESG) Report

Table of
Contents
A Message from our CEO ................................................................	3
Company Profile ....................................................................................	4
Corporate Governance.......................................................................	8
Thriving Planet......................................................................................	12
Thriving Business................................................................................	19
Thriving Workplace...........................................................................	32
Thriving Community.......................................................................	39
About this Report .............................................................................	63
SASB Index ............................................................................................	65

2

A message from our CEO

Dear Stakeholders,

I'm pleased to share with you our fourth annual Environmental, Social and Governance (ESG) report. We continue to approach ESG through both a risk and impact lens, providing our stakeholders with decision useful data aligned with relevant topics from the Sustainability Accounting Standards Board (SASB).

Last year, we refreshed our company's Purpose, Mission and Values that articulate who we are and what we stand for as an organization. In FY22, we continued to seek environmental and social sustainability opportunities consistent with our purpose, to help our customers achieve whole health for life, through cross functional collaboration with key business partners and increased engagement with our Board.

Inside this report, you will find the progress we have made within our four ESG pillars:

1. Thriving Planet	2. Thriving Business	3. Thriving Workplace	4. Thriving Community
Goal: Reduce our	Goal: Embed	Goal: Optimize	Goal: Improve health
overall environmental	sustainability into	associate experience,	equity, outcomes and
impact	every level of our	opportunity and	access to care in the
	value chain	wellbeing across our	communities we serve
		organization

In addition, we've included a comprehensive SASB index at the end of this report to more efficiently measure performance in our most salient ESG topics.

Also new in this year's report, we've identified alignment with eight of the United Nations 17 Sustainable Development Goals (SDGs) to help support a more sustainable future.

We remain committed to transparency around our ESG journey. On behalf of the entire Rite Aid team, we look forward to meeting the needs and expectations of our stakeholders while mitigating our key environmental and social sustainability risks and supporting the communities we serve.

President and Chief Executive Officer, Rite Aid

2022 ESG Report | RITE AID 3

Company

Profile

Our Operations

Rite Aid is a full-service pharmacy that improves health outcomes. Rite Aid is defining the modern pharmacy by meeting customer needs with a wide range of vehicles that offer convenience, including retail and delivery pharmacy, as well as services offered through our wholly owned subsidiaries, Elixir, Bartell Drugs and Health Dialog. Elixir, Rite Aid's pharmacy benefits and services company, consists of accredited mail and specialty pharmacies, prescription discount programs and an industry leading adjudication platform to offer superior member experience and cost savings. Health Dialog provides healthcare coaching and disease management services via live online and phone health services. Regional chain Bartell

Drugs has supported the health and wellness needs in the Seattle area for more than 130 years. Rite Aid employs more than 6,400 pharmacists and operates more than 2,449* retail pharmacy locations across 17 states.

In FY22 we announced we are opening a state-of-the-art Enterprise HQ and Collaboration Center at the Navy Yard in Philadelphia, Pennsylvania this July, along with a new technology innovation lab in Raleigh, North Carolina.

*As of February 26, 2022

2022 ESG Report | RITE AID 5