S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

TEAM MEMBER TRAINING AND LEADERSHIP DEVELOPMENT S&C provides critical training for team members throughout the year, including required programs for all team members focused on health and safety, information security, and our Required Ethical Standards, Code of Business Conduct. Our core development and leadership training programs provide knowledge- building and skill-development opportunities to help team members progress in their careers. By providing various programs, each targeting different career goals, skills, or team member populations, we provide a structure through which all team members can grow and develop at S&C.

Improving our Work Elements Program to Attract and Retain Talent In 2023, we began the first phase of improvements to Work Elements, our skill-based promotion program for hourly team members. We implemented changes to its benchmarking cadence, market targets, base-wage realignment, and entry-level wages for each functional career path. Presently, there are 11 functional career paths (including manufacturing and production) that use the Work Elements program across our U.S. operations. Team members can “raise their hand” to train and master a new Work Element skill. When training is complete, team members must pass a test to gain certification and the associated pay raise.

SIGNATURE TRAINING AND DEVELOPMENT PROGRAMS AT S&C

Manufacturing Work Elements 803 skill certifications earned in 2023, up from 668 skill certifications in 2022

Aspiring Leaders Program 1,363 training hours in 2023

Team Member Training 47,930 training hours completed globally across all programs

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