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SWCA 2022 Sustainability Report

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TABLE OF CONTENTS

INTRODUCTION

PEOPLE

PARTNERSHIPS

PLANET

GOVERNANCE

PEOPLE

TOTAL REWARDS As our North Star states, SWCA aspires to be the best workplace for our employees. The Total Rewards program is a key component of the employee experience. SWCA approaches the program with a “never settle” attitude and strives to continually do better for employees.

TOTAL REWARDS HIGHLIGHTS

BENEFITS In 2022, SWCA announced new benefits programs that support SWCA’s Total Rewards commitments, as well as our inclusion and diversity efforts and retention goals. These programs were added based on feedback from the Employee Engagement Survey, a benefits-focused survey, and ongoing dialogue with SWCA employee-owners. These include:

SWCA COVERS AT LEAST

80%

OF TOTAL COSTS FOR ALL MEDICAL PLANS

An expanded Paid Family Leave program, consisting of a more robust Paid Parental Leave, a Paid Pregnancy Loss Leave, and a Paid Medical Leave.

COMPARED TO OUR INDUSTRY ON AVERAGE OUR PPO PLANS ARE

Coverage for infertility treatment and gender dysphoria were expanded to increase accessibility and inclusion.

SWCA is committed to offering employees a comprehensive Total Rewards package that is internally

56%

LESS FOR INDIVIDUALS AND EQUALLY

equitable and externally competitive, equipping SWCA to retain highly valued employees and recruit high-potential talent. In 2022, all five elements of the Total Rewards program—Compensation, Recognition, Benefits, Wellness, and Development—were enhanced.

A travel benefit program to help pay for eligible transportation and lodging expenses for designated

COMPENSATION

services in which access to care is limited.

OUR HIGH DEDUCTIBLE HEALTH PLANS ARE

89% LESS EXPENSIVE FOR INDIVIDUALS AND AT LEAST

SWCA follows a pay-for-performance philosophy that is internally equitable and externally market competitive. By leveraging our robust, standardized job architecture, we ensure consistent pay for like positions in like cost-of-labor

Kaiser Permanente Medical Plan available to California-

markets. In 2022, pay equity analyses were conducted across the business,

based employees.

7% LESS EXPENSIVE FOR FAMILIES

and widespread adjustments were made in support of equitable pay.

RECOGNITION

Cancer Expert Now, a service which connects patients

SWCA’s Recognition and Rewards program acknowledges outstanding

with expert advice when faced with a new cancer

performance, supporting those that make the greatest contributions towards

diagnosis.

excellence. Performance-based awards include the Steven W. Carothers

50% HIGHER

HSA EMPLOYER CONTRIBUTION

Scientific Merit Award, the Larry S. Semo Scientific Achievement Award, Employee Owner Star awards, and Safety Star awards. 2022 SWCA SUSTAINABILITY REPORT

SWCA HAS A

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