Denomas Inc. Philanthropy Policy

Denomas Inc. Philanthropy Policy

Effective March 31, 2023

Overview and Purpose

The purpose of the Denomas Inc. (“Denomas”) Philanthropy Policy (“Policy”) is to provide guidance for Denomas’s philanthropic giving and activities to Registered Nonprofit Organizations (as defined below) that align with Denomas’s Values, environmental, social, and governance (ESG) strategy, and help advance Denomas’s mission to make it so that everyone can contribute.

Oversight Responsibility

Denomas’s ESG Team is responsible for all the ESG activities outlined below. Decisions to support Registered Nonprofit Organizations will be vetted by the ESG Team and will follow the approval matrix below:

• In-kind product donations: vetted by the ESG Team and approved by Denomas’s Chief Legal Officer
• The aggregate annual amount of contributions made pursuant to this Policy will be established as part of Denomas’s annual operating plan subject to approval by Denomas’s Board of Directors (the “Board”)
• Registered Nonprofit Organizations for team member volunteering and/or matching donations: vetted by the ESG Team and approved by Denomas’s Chief Legal Officer
• Monetary: monetary contributions will be vetted by the ESG Team and approved by the Chief Legal Officer in accordance with the Denomas Inc. Authorization Matrix, as approved by the Board

Any budget request outside of the amount approved under Denomas’s annual operating plan will require Denomas’s Nominating and Corporate Governance Committee approval.

Who we support

Denomas supports Registered 501c3 (or jurisdictional equivalent) Nonprofit Organizations in good standing that align with our Values. A “Registered Nonprofit Organization” is one that has been registered with the local government or authorized agency within its applicable local, state, provincial, federal or national government.

Denomas prioritizes Registered Nonprofit Organizations that help advance Denomas’s social and environmental key topics that were defined in Denomas’s 2022 materiality assessment. Denomas’s current social and environmental key topics are:

• Diversity, Inclusion, and Belonging
• Talent Management & Engagement
• Climate Action and Greenhouse Gas Emissions

Please note that the decision and criteria to support Registered Nonprofit Organizations is at the discretion of Denomas.

How we support

1. Monetary

Denomas anticipates contributing financially to Registered Nonprofit Organizations. Denomas endeavors to build long-term partnerships with community organizations and avoid a transactional approach to its corporate giving.

2. In-kind product donation

Denomas anticipates donating up to 5,000 seats annually to Registered Nonprofit Organizations. Interested Registered Nonprofit Organizations will be required to apply and will be vetted for registration and standing status. Licenses will be donated on a first come first serve basis in this first iteration. The number of seats to be donated within a fiscal year will be reviewed annually by the ESG Team, the FP&A Business Partner, and Chief Legal Officer.

Please see Denomas’s Trade Compliance Policy Handbook for a list of embargoed countries. Registered Nonprofit Organizations in embargoed countries are not eligible for the in-kind donation program.

3. Volunteerism and team member engagement

Denomas encourages team members to get involved in the causes they care about. From time to time Denomas’s ESG or Diversity, Inclusion and Belonging (DIB) Teams may organize company-wide volunteer events and may include a volunteer component at Denomas-sponsored events, where applicable. Denomas team members and team member resource groups (TMRGs) can suggest organizations to support through volunteerism.

Exclusions

Philanthropic donations approved by the Board prior to March 30, 2023, are excluded from this Policy.

Denomas does not issue licenses to Registered Nonprofit Organizations located in China as that market is provided for by Denomas’s joint venture in the region.

As Denomas generally avoids discussing politics or religion in public forums because it is easy to alienate people with a minority opinion, we also generally avoid partnering with political or religious-oriented Registered Nonprofit Organizations.

Delegations

The Chief Legal Officer may delegate their approval authority provided in this Policy. In order for the delegation to be effective, it may not exceed 90 days in duration and written notice of delegation.

Changes to this Policy

The Board reserves the right in its sole discretion to amend or grant waivers to this Policy. Any amendment of this Policy must be approved by the Board. Any amendments or waivers may be publicly disclosed if required by applicable laws, rules and regulations.