S&C Electric Company 2024 Sustainability Report

INTRODUCTION

PEOPLE-FIRST CULTURE

OPERATIONAL EXCELLENCE

CUSTOMER-CENTERED INNOVATION

GRI INDEX

Talent Attraction and Retention

RECRUITING AND RETAINING TOP TEAM MEMBERS

We are dedicated to providing long and meaningful careers for our team members. Our average U.S. team member tenure is 8.2 years , and our average tenure globally is 8.3 years – nearly twice the average tenure for U.S. and global employees. 1 We honor team member milestones, including our Quarter Century Club, which celebrates team members who achieve 25 years of service to S&C. In 2024, we inducted 62 team members across the globe into the club.

Welcoming Guests to National Manufacturing Day Event In October 2024, we hosted our second National Manufacturing Day open house and welcomed more than 450 students and community members to our Chicago campus. The event included product demonstrations, a tour of our in-house robotics lab, and opportunities to learn about manufacturing careers. Attendees were able to network, connect with S&C team members, and learn more about the company and potential careers. Additionally, we partnered with the Rogers Park Historical Society for a presentation about being an environmentally conscious citizen.

As an employer of choice, we focus on key objectives that help us meet our need for talent, now and in the future. These objectives include strategic workforce planning, cultivation of nontraditional candidate pipelines, proactive campus recruitment, grassroots recruitment partnerships, and comprehensive hiring, promotion, and retention tools. Relationships we cultivate and maintain with local and national partners, as well as key programs and talent populations, play an essential role in attracting talent to S&C. These relationships include: • National industry associations, including Women in Manufacturing, National Society of Black Engineers, Society of Women Engineers, and Institute of Electrical and Electronics Engineers. • A placement program for veterans, established in 2024 through the Department of Defense (DOD) SkillBridge program. SkillBridge connects transitioning service members with industry partners in real-world job experiences. S&C initiated a partnership with the program to offer training and positions as machinists or field services technicians. We welcomed four team members in 2024 through this program. • Internships and co-ops for 39 college students, as well as special events such as coffee chats with our executive team, product demonstrations, and networking events. • Early talent opportunities for 56 high school students via a summer job program and a job shadow week, as well as frequent career-focused outreach events at local schools and colleges.

In 2024, S&C hosted 135 community hiring events, attended 69 career outreach events at local schools, and welcomed 89 hires from community partnershipsand outreach activities.

1 The Bureau of Labor Statistics reported that the average career tenure for a U.S. employee in 2024 was 3.9 years, while the International Labour Organization noted the global average career tenure was 4.2 years.

S&C 2024 Sustainability Report

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