In partnership with the World Economic Forum, the Schwab Foundation for Social Entrepreneurship is the foremost global community of pioneering social innovators driving systemic change. The foundation’s ambition is to support change leaders from across the world in tackling systemic challenges that drive inequality and exclusion, helping them to create real change for people and the planet. As the foundation works towards this ambition with its partners and community of social innovators, it aims to influence three core outcomes: Adopt, adapt and scale outstanding models of social innovation across sectors, increasing their impact and deepening their value. Play systemic roles for creating transformative change in novel ways, from unlocking new financing solutions and influencing policy decisions to shaping the mindsets of key stakeholders and working to shift power and resources to the people. Mobilize and develop the social innovation ecosystem, including diverse actors, to collectively transform society. The Schwab Foundation’s initiatives to support and mainstream social innovation have grown significantly over the past year. In addition to a new cohort of leading and highly impactful social innovators, the foundation team has intensified its engagements with the social innovation ecosystem as well as the private and public sectors. Through the Schwab Foundation’s Global Alliance for Social Entrepreneurship, it now has a platform to connect actors representing over 100,000 social entrepreneurs with corporations, investors, philanthropists, governments, researchers, the media and industry actors. The Schwab Foundation now focuses on four areas of work: Building a community of social innovation leaders: For over 25 years, the Schwab Foundation has built a diverse community of nearly 500 seasoned social innovators from more than 190 countries. These innovators are selected for their impactful solutions and systemic approaches to addressing pressing social issues. By showcasing these leading social innovation models to key decision- makers in both business and government, the foundation enables an environment where successful strategies can be scaled and replicated. This recognition not only honours the achievements of these social innovators but also amplifies their influence, inspiring others to adopt and support innovative solutions for a better world. Engaging with the private sector: The Schwab Foundation’s community of social innovators represents a transformative approach to business. These innovators demonstrate that business can be a force for good, creating both social impact and economic value. Recognizing this potential, the foundation partners with private-Our approach The Schwab Foundation works alongside its community to advance inclusive, sustainable solutions that create lasting, systemic impact. Schwab Foundation Annual Report 2024–2025 6

Schwab Foundation for Social Entrepreneurship Annual Report 2024 2025