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2023
Sustainability Report

Our Commitment Knows No Bounds

A Message From Our Chairman, President and CEO

Thank you for taking an interest in Hologic’s sustainability progress. As you will see in our 2023 Sustainability Report, we continue to build on our foundational social initiatives with an unwavering commitment to elevate women’s health around the world.

Hologic — above all else — is guided by our purpose, our passion and our promise. Our purpose is to enable healthier lives everywhere, every day. Our passion is to champion women’s health globally. Our promise is The Science of Sure®, a commitment to provide healthcare professionals with clinically differentiated, high-quality products.

Read Full Letter

Stephen P. MacMillan

HOLOGIC

Our Purpose

As a company, we live our purpose — to enable healthier lives everywhere, every day — through our virtuous circle. Our innovative, life-changing technologies lead to continuous business growth and enduring financial success. These gains allow us to reinvest in programs and initiatives designed to nurture and support women’s health globally.

Technician looking at scans on monitor display in lab setting.

Hologic at a Glance

Overview

Total Revenue*

References

* Total non-GAAP revenue growth in millions. Growth rates in constant currency. As reported except FY14, which excludes ~$20 million one-time revenue from amending Roka license. Results include contributions from the Blood Screening business that was divested in 2017, the Medical Aesthetics business that was acquired in 2017 and divested in 2020, and other smaller acquisitions. Numbers may not foot due to rounding.
** Decline in Total Revenue excluding COVID Assays is driven by lower capital sales in our Breast Health business, as a result of semiconductor supply chain shortages.

Non-GAAP EPS*

References

Numbers may not foot due to rounding.

* Non-GAAP EPS as presented in our earnings releases except FY14, which excludes ~$0.05 one-time contribution from amending Roka license. Results include contributions from the Blood Screening business divested in 2017, the Medical Aesthetics business acquired in 2017 and divested in 2020, and other smaller acquisitions.

** Decline in Non-GAAP EPS is driven by less COVID testing revenue and lower capital sales in our Breast & Skeletal Health Solutions business, as a result of semiconductor supply chain shortages.

GAAP to Non-GAAP Reconciliation

References

Numbers may not foot due to rounding.

1. Assumes dilution of 1.9 million shares for the year ended September 28, 2019. 2. Assumes dilution of 2.8 million shares for the year ended September 29, 2018.

Fast Facts

Founded:

1985 by Jay Stein and David Ellenbogen

Chairman, President and CEO:

Stephen P. MacMillan

Fiscal 2023 Revenue:

$4.03 Billion

NASDAQ Stock Exchange:

HOLX

Employees:

~7,000 worldwide

Patents:

4,100+

Estimated Number of Lives Impacted in Fiscal 2023:

250+ million

Global Headquarters:

Marlborough, Massachusetts

Global Reach:

Locations in 36+ countries with direct staff and a market presence in more than 100 countries.

Awards

Awards Received¹

Gallup Exceptional Workplace Award
Fortune Best Workplaces in Healthcare
Newsweek America’s Most Responsible Companies
Forbes America’s Best Midsize Employers
Barron’s The 100 Most Sustainable U.S. Companies
Fast Company World Changing Ideas Finalist
Drucker Institute’s Best-Managed Companies
IMV ServiceTrak awards in Mammography for Best Customer Satisfaction, Best System Performance and Best Service
Great Place to Work certification
The Boston Globe Top Places to Work in Massachusetts
The San Diego Union-Tribune Best Large Companies
Laureus Sport for Good Index

WOMEN'S HEALTH

Our Reason For Being

For nearly 40 years, Hologic has championed greater health and well-being for all women — no matter where they live, how much money they make or their level of education. This is our reason for being. We firmly believe that our success as a company is fundamentally tied to our ability to improve the health of millions of women and families globally through innovative social initiatives.

Global Women’s Health Index

The world scored just 54 out of 100 in Year 3 of the Index — one point higher than in Year 2, and the same as in Year 1.

Smiling mother holding child hanging laundry on line outside

Hologic’s Commitment to U.N. Sustainable Development Goals

Data from the Hologic Global Women’s Health Index is consistent with the 2022 United Nations Gender Snapshot.

A Smashing Partnership!

Women’s health keeps winning with Hologic and the Women’s Tennis Association (WTA).

Prioritize Your Health by Getting Regular Screenings

NFL player Kelee Ringo and his mother share a winning message.

Hologic Brings Attention to Heavy Menstrual Bleeding

New research reveals that more than 1 in 2 Australian women aged 35-52 grapple with abnormally long or heavy periods.

CORPORATE CITIZENSHIP

Our Responsibility

Our philanthropic efforts make a positive difference in the lives of cancer patients, underserved women and innovation-minded students — everywhere, every day. In addition, we have a responsibility to the communities where our employees live and work. Therefore, we are also excited to share our environmental initiatives and goals.

Two technicians working with medical equipment in lab setting.

Innovating for the Sake of Doing Good

The Global Access Initiative — innovation with a humanitarian purpose — transforms diagnostic testing.

Young student working with circuit board.

Giving Back to Communities Worldwide

We focus on strengthening health, boosting access and minimizing disparities.

Taking the Lead: Future Pandemic Preparedness

Hologic’s Government Affairs and Diagnostic Solutions teams participate in pandemic preparedness activities.

Outside photo of windmills across the landscape during a cloudy day.

Committed to Improving the Environment Worldwide

We have a responsibility to the communities where our employees live and work.

Technicians working with medical equipment in a lab setting.

Innovating Sustainably Through Macroeconomic Challenges

Mitigation efforts to address the global chip shortage led to breakthrough innovations in product development.

Hologic Costa Rica Earns Environmental Certifications

The site's leaders developed an initiative to increase energy efficiency, use more renewable energy and boost overall energy performance.

Hologic’s Approach to Climate Risk

Our enterprise risk management program monitors all risks related to sustainability, including potential impacts from climate.

Close up of materials bagged in a large box.

Diverting Waste From Landfills

Hologic Costa Rica aims to achieve “zero waste” status as defined by the Zero Waste International Alliance.

Technician placing vial rack into testing machine in lab setting.

Engineering and Logistics Sustainability Efforts

We're shrinking our carbon footprint with reusable materials, shipping efficiencies and other measures.

Strengthening Communities Through Philanthropy

220+ organizations worldwide received philanthropic assistance from Hologic.

We have donated millions of dollars to these nonprofit organizations, directly and through Partners in Giving, a program in which Hologic matches employees’ donations to charitable groups.

Dozens of Communities Supported, Including:

Internationally:

Chamonix, France
Guadalajara, Mexico
Quebec, Canada
San Jose, Costa Rica
Santiago, Chile
Vantaa, Finland
West Pokot County, Kenya

In the United States:

Albuquerque, New Mexico
Austin, Texas
Baltimore, Maryland
Boston, Massachusetts
Charlotte, North Carolina
Chicago, Illinois
Danbury, Connecticut
Denver, Colorado
Houston, Texas

Miami, Florida
Middlebury, Vermont
New York City, New York
Newark, Delaware
Plymouth, Pennsylvania
Reston, Virginia
San Diego, California
San Jose, California
Washington, D.C.

Inequality

harms women

Hologic is committed to reducing our carbon footprint with headline environmental goals, but also with efficiencies in our everyday operations.

Hologic’s Costa Rica site achieved zero waste to landfill as part of a pilot project.

To reduce Hologic’s Diagnostic Solutions' reliance on paperboard corrugated shipping cases, we identified a process to implement reusable plastic corrugated shipping cases.

We’ve saved more $1.5 million dollars in 2023 by identifying additional opportunities for ocean freight, rather than air and ground transportation.

OUR PEOPLE

Employee Excellence

Passion for the work Hologic does every day can be felt in our offices around the globe. We were founded by passionate innovators and thousands of equally inspired employees continue to carry that flame to this day. After all, who hasn’t been impacted by the health crisis of a loved one? The motivation that so many Hologic employees bring to work every day creates a culture of progress and change.

Our People Personify Our Purpose, Passion and Promise

Hologic’s world-class employee engagement earns a growing list of honors.

Man and woman looking at a tablet in an office.

Our Employees Are a Competitive Edge

Their talent and connection with Hologic's purpose propel our growing history of innovations.

Smiling woman talking to man in an office setting.

Prioritizing Pay Equity

Hologic prioritizes equity through employment policies, practices and annual pay equity audits.

GOVERNANCE

Our Leadership

As a leading global healthcare company, Hologic has a responsibility to provide transparency into our business practices and operate with the highest degree of integrity. Our governance policies guide our work in clinical trials, supply chain management, supplier risk management, quality management, workplace health and safety, as well as information security.

Strong governance is essential to our success as a growing company with a direct impact on the lives and health of millions of women around the world.