The Standard offers a competitive benefts package Investing in Our Employees Our company relies on a strong learning culture, to support employee wellness at work as well as away At The Standard, our employees focus their expertise with every employee given access to formal and and compassion on personally connecting with and informal educational offerings. We encourage and from the job. Benefts and perks include: supporting our customers, which translates into a culture offer support for everyone to bring curiosity and of caring and respect. It’s a genuinely collaborative creativity to all aspects of their work — focusing on Health and Wellness • Comprehensive medical coverage through PPO atmosphere where employees are inspired to do their continuous improvement of our products and services, and consumer-directed health plans (including best every day. work processes and the ways we engage with our an annual employer health savings account communities. Sustaining and strengthening this culture is an important contribution) aspect of our continued success. The company Total Rewards • Dental and vision insurance At The Standard, our people are critical to our success. encourages and supports employees in their efforts to • Enhanced mental health support services We are committed to providing a total rewards build and enhance their skills, develop fulflling careers package that attracts, retains and continuously • and deliver positive results for our customers, company Short-term and long-term disability insurance, life motivates our employees to be their best. Recognizing and communities. Our average employee tenure is insurance and supplemental insurance products that the right work environment to encourage employee 10 years across the company and 16 years for our (Accident, Critical Illness and Hospital Indemnity) engagement and performance varies, we adopted leadership team. That’s well above industry and national • Expert second medical opinion service a fexible workplace model. With this approach, the benchmarks and a testament to our strong culture. majority of roles are eligible for either fully remote or Financial and More • Annual incentive bonus plans linked to company Talent Attraction, Retention and Development hybrid work. We believe that people make a difference, especially and individual performance Our compensation strategy is performance-driven, • 401(k) matching contribution up to 5% of when they act with integrity and determination. This providing market-competitive pay plus incentives for all earnings — no vesting required and additional belief allows us to work as a team to put people frst and employees and above-market pay and incentives for 4% company contribution regardless of deliver outstanding customer service. We’ve created high performers. We also regularly conduct pay equity employee contribution level an environment where people are empowered to make assessments to ensure we offer fair and competitive good choices. • Home offce equipment setup and additional compensation. This approach inspires our people equipment allowance to reach their potential and ultimately drives our The Standard is committed to supporting a remote • Financial wellness support through LifeCents workforce. While we’re based in Portland, Oregon, company’s success. • Tuition assistance program employees in many of our roles can work from anywhere in the U.S. In fact, 77.5% of the 533 new As a leading provider of group insurance solutions and Time Away fnancial services, we help our clients establish beneft employees The Standard hired in 2022 work in states • Generous PTO accrual options that attract and retain good employees, and other than Oregon. • Company-paid holidays (11 annually) we’ve taken our own advice in selecting benefts for our • Annual wellness days employees. 2022 Environmental, Social and Governance Report 4
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