M&A Talent Selection Plan

Approach
Acquired Co Employees Impacted In 3 Ways
Required Co Employee Selection and Placement
Engaging with Acquired Co Employees Pre-Close
Rules of Engagement
Selection Process for Functions Being Scaled Back
Step 1: Workforce Planning Results in Acquirer Talent Needs
Step 1: (Cont.) Workforce Planning Identifies Acquired Co Positions Being Affected
Step 2: Candidate Pooling Identifies the Talent to Be Assessed
Step 3: Selection Will Be Driven by Assessment of Experience and Performance
Step 4: Employees Not Selected Will Be Considered for In-Placement and Out -Placement
Guidelines for Selection
Service Eligibility
In-Placement Services
Pre-Notification

An “affected” position is a job in which:

The number of current positions is reduced
The position is moved to a new location
The position changes more than 20% (degree of job change “ determined using a number of criteria, including an externally conducted job evaluation, if necessary.)
The position is eliminated altogether

Only incumbents in “affected” positions will undergo the selection process

If a position is not “affected”, the employee will be automatically transitioned to Acquirer
If the position is eliminated, the employee proceeds automatically to in-placement/out-placement ...