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MEDIA AND ADVERTISING To further reflect the diversity of our customers, team members and the communities we serve, we are accelerating the allocation of our marketing budget to diverse-owned media companies, production houses and content creators.
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In properties to 2% of the overall budget.
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In addition to marketing to broad, diverse English-speaking audiences, we will also continue to invest in reaching customers who view Spanish-language programming.
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We will continue to evaluate additional investment opportunities in minority-owned properties.
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In doing so, we will maintain strong stewardship of the marketing dollars provided by our independent franchisees, through the use of data from our marketing mix model and Nielsen ratings, to identify the most cost-effective manner to reach large, multicultural audiences.
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We will continue to portray diverse talent in our advertising that represent the communities we serve.
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DEVELOPMENT PATHWAYS Domino’s began humbly and our history of starting small and dreaming big remains at the core of our brand.
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That is why Domino’s provides employment opportunities without regard to race, color, religion, creed, gender, pregnancy, national origin, citizenship status, marital status, age, disability, genetic information, uniformed service, military or veteran status, or any other characteristics protected by applicable federal, state or local law such as height, weight, sexual orientation, and gender identity and expression.
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Domino’s team members are empowered to drive their own success through different resources, training, performance achievement processes and several development programs.
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learning the Domino’s business model from the ground up.
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The Supply Chain Services Driver Development Program offers Domino’s team members the opportunity to move from hourly supply chain or in-store positions into high-paying truck-driving jobs.
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Domino’s covers the cost of driving school and the license, and then pairs new drivers with trainers.
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• The Tech Rotation Program provides select new hires with a chance to experience different areas of technology through four, six-month rotations.
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This helps broaden perspective and build technologists, as well as future technology leaders.
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• The Tuition Reimbursement (or Education Assistance Plan) provides eligible team members with financial assistance as they pursue an undergraduate or graduate degree.
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The opportunity and potential at Domino’s is best represented in a key statistic: more than U.S. franchisees started as delivery experts or in other in-store postions.
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With the vast majority of Domino’s U.S. franchisees developed from within our own system, the opportunity to become a small business owner is a profound and unique aspect of Domino’s culture and strength as a brand.
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Experienced store managers and other operators can apply for Franchise Management School (FMS).
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Domino’s in Opportunity Fund (BFOF), created to support current and future Black team members on their journey to entrepreneurship.
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The BFOF aims to reduce a significant potential obstacle to franchising – the initial capital.
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Recipients will be provided a $or build of their first store.
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The BFOF will also cover expenses associated with attending FMS.
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Stories about Domino’s franchisees who started as part-time team members and went on to become franchisees, as well as other inspiring stories of Domino’s team members from around the world, can be found at stories.dominos.com.
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Domino’s offers a comprehensive benefits package to eligible team members, including several benefits designed to promote an inclusive workplace like paid parental leave programs, adoption reimbursement, fertility benefits, discounted childcare tuition, and medical plans covering domestic partners and gender affirming surgery.
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We also offer eligible team members a education, a back-up childcare network and access to legal assistance.
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services to help team members manage and optimize their health.
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part-time and full-time team members and their dependents.
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commUNItY ImPActcommUNItY ImPAct 26 For nearly six decades, Domino’s and its franchisees have focused on giving back to local communities, from school fundraisers and supporting youth sports teams to feeding first responders during times of crisis.
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Domino’s is dedicated to delivering a difference to the communities in which we live and serve.
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In recent years Domino’s corporate giving program has begun growing its charitable giving budget by in order to increase its community giving programs meaningfully, given the growth of the business.
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In the years to come we plan to use our increased funds to expand our giving to local organizations that make an impact in our corporate markets, in the communities that house our supply chain centers, and to establish increased giving to organizations that support our inclusion and diversity initiatives.
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Domino’s has raised over $Children’s Research Hospital® since 2004.
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Every year since stores and on dominos.com as part of St. Jude’s Thanks and Giving® campaign, which runs for 11 weeks beginning in mid-October.
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Domino’s also believes in supporting farmers and the agriculture industry, because without farmers, there’d be no pizza.
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In a five-year, $1 million commitment to the National FFA Organization, commonly known as Future Farmers of America.
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Domino’s also supports local nonprofit organizations supporting urban farming, community gardens and regenerative agriculture.
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We plan to continue this commitment in the coming years.
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emergency situations, like the global COVID-and its nationwide system of franchisees banded together to donate roughly 10 million slices of pizza within their local communities.
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Our dedication to the community also applies to the community within a Domino’s store.
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The Domino’s Partners Foundation was established in to aid Domino’s team members at corporate and franchise stores, as well as supply chain centers, in times of hardship and adversity by providing immediate financial assistance.
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As a fully endowed organization, every dollar donated goes directly to team members.
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to create a healthier future for themselves and their peers.
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of the COVID-much-needed resources to get food in the hands of students.
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Through efforts preceding the pandemic, GENYOUth has a strong relationship with Miami-Dade County Public Schools.
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More than provided free pizza to students on Tuesdays and Wednesdays for five weeks.
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“No child should go hungry because of school closures,” said James Martindale, Domino’s vice president of corporate operations.
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to provide meals and reduce food insecurity in the thick of the pandemic.
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In June of unequivocally denouncing all acts of racism, hatred and the unjust treatment of Black people.
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In the statement, he shared the news of a commitment by Domino’s to contribute $organizations that make a difference for Black people in the communities we serve, as well as internal programs that will change us for the better.
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Domino’s is proud to support organizations focused on the pillars of service, opportunity, and education.
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Some of these groups include the following: of youth and the economic empowerment of the African American community.
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Black Girls Code strives to increase the number of women of color in the digital space by empowering girls of color ages innovators in STEM fields, community leaders and builders of their own futures through exposure to computer science.
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BMe Community elevates Black men and women by optimizing their knowledge, influence and network through elite leadership enrichment fellowships.
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Domino’s contribution will support BMe’s Black LOVE Fund, which provides pivotal funding to initiatives that improve Black people’s abilities to Live, Own, Vote and Excel in the U.S. The National Urban League, founded in and local levels with community leaders, policymakers, and corporate partners to elevate the standards of living for African Americans and other historically underserved groups.
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Pretty Brown Girl is an organization dedicated to educating and empowering Black and Brown girls by encouraging self-acceptance while cultivating social, emotional and intellectual well-being.
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Since Brown Girl has impacted more than 20,000 girls through its community, collegiate and scholarship programs.
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The United Negro College Fund, also known as the United Fund or UNCF, is an American philanthropic organization that funds scholarships for Black students and has general scholarship funds for historically Black colleges and universities.
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With UNCF, Domino’s created a scholarship fund for institution, who also have a demonstrated financial need.
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Domino’s has a commitment to strong corporate governance practices.
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The Board consists of nine directors, eight of whom the Board has affirmatively determined were independent based on applicable rules for director independence, as established by the New York Stock Exchange (NYSE).
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The Board is currently led by an independent, nonexecutive chairman.
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The Board regularly assesses the diversity of its members and nominees as part of its annual evaluation process.
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We believe our nine directors are a highly engaged group and represent a diverse and broad range of attributes, qualifications, experiences and skills to provide an effective mix of viewpoints and knowledge, with diverse as to gender, ethnicity and/or race.
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Nearly half of our directors have joined our Board in the last six years, balancing fresh perspectives with institutional knowledge.
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Audit Committee All are comprised solely of independent directors.
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Additionally, in February Diversity Committee to be a standing committee of the Board, overseeing the Company’s inclusion and diversity progress and efforts.
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Each committee of the Board has designated responsibilities as specified in their respective charters and regularly reports on their activities to the entire Board.
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The Company’s corporate governance principles and practices are reviewed annually by the Nominating and Corporate Governance Committee and any changes are recommended to the Board for approval.
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The Nominating and Corporate Governance Committee Charter, the Compensation Committee Charter, the Audit Committee Charter and the Inclusion & Diversity Committee Charter are also posted on the Company’s corporate and investor website (“Investors – Corporate Governance” section on biz.dominos.com).
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as well as future proxy statements filed with the SEC.
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Given the importance of environmental, social and governance (“ESG” or stewardship) initiatives, the entire Board has determined to retain general oversight of such initiatives and support the implementation of the Company’s stewardship priorities rather than delegate these efforts to a specific Committee.
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Currently, the Board takes the approach that certain matters are most appropriately overseen by the Board as a whole.
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For other topics, the most appropriate Committee should maintain oversight.
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For example, the Board’s Nominating and Corporate Governance Committee has oversight responsibility for corporate governance, the Inclusion & Diversity Committee has oversight responsibility for the Company’s initiatives regarding inclusion and diversity, and the Audit Committee oversees the Company’s public disclosures, including those relating to its stewardship initiatives.
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Given their breadth and importance, the Board currently believes that it is the appropriate body to oversee the development and implementation of the Company’s ESG and stewardship efforts as a whole.
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Executive Vice President – Chief Financial Officer The Stewardship Steering Committee is responsible for setting direction and driving accountability as we work to address material issues, work with key stakeholders and measure and report our progress.
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Forward-Looking Statements This stewardship report does not cover all information about our business.
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References in this report to information should not be construed as a characterization regarding the materiality of such information to our financial results or for purposes of the U.S. securities laws.
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Statements in this report that are not strictly historical in nature constitute “forwardlooking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
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These statements involve significant risks and uncertainties and you should not place considerable reliance on such statements.
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All forward-looking statements speak only as of the date hereof and should be evaluated with an understanding of their inherent uncertainty.
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to reflect events or circumstances arising after the date hereof, whether as a result of new information, future events or otherwise.
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All forward-looking statements are qualified in their entirety by this cautionary statement.
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Data in this report reflects estimates using methodologies and assumptions believed to be reasonable and accurate.
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Those estimates, methodologies and assumptions may change in the future as a result of new information or subsequent developments.
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Annual Report on Form 2019 (the “2019 10-K”), pages 2-3 Activities, brands, products, and services 102-2 Domino's does not sell items that are banned in individual markets.
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As of December with approximately 98% owned and operated by independent franchisees.
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This report is limited to Domino's corporate operations only, including Canadian supply chain centers and US corporate, store, and supply chain center operations.
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This material references specific disclosures from GRI Standards, which were more recently updated in 2018 and 2020, respectively.
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Information on employees and other workers (number) Total number of employees by employment type (full-time and part-time), by gender.
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Domino’s is a member of Dairy Sustainability Alliance and the Roundtable on Sustainable Palm Oil.
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We are looking at future opportunities to expand our involvement with external initiatives and organizations as we continue to develop our ESG program.
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Mechanisms for advice and concerns about ethics At Domino’s, we are committed to ethical and appropriate behavior in all aspects of our business.
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Every team member, regardless of position, shares in the responsibility for promoting a positive, ethical work culture.
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Our Code of Ethics is publicly available on our website.
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We expect all directors, officers and employees to conduct our business ethically and with integrity.
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We have an open-door policy concerning questions or issues of non-compliance with the Code of Ethics or any other Company policy.
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Employees can also anonymously ask questions regarding or report any ethical concerns via our Ethics Website or by contacting our Domino’s Ethics Hotline.
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Domino’s will not allow any form of retaliation against team members who make reports or who cooperate in the Company’s investigation of such reports.
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Our Supplier Code of Conduct is publicly available on our website and establishes our expectations for ethical behavior at our suppliers, including anti-corruption policies and clauses on human rights.
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