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PEOPLE AS A COMPANY, WE TREAT OUR EMPLOYEES AND OUR ENVIRONMENT EQUALLY WITH RESPECT. Cooper offers a vibrant and collaborative culture where our employees make a difference every day at work, and in the surrounding communities in which we operate. We support our employees by promoting their health, well-being and safety and by providing them opportunities to learn and achieve. We are also deeply committed to being a good corporate citizen in our communities. To Cooper this means: - Being a fair employer that cares about employees - Following the laws and respecting the cultural norms of the communities where we operate - Giving back by donating time (through volunteerism) and funds to non-profits - Showing our commitment to protecting the environment HEALTHY AND SAFE EMPLOYEES Health, Wellness and Financial Benefits We want our employees to come to work knowing they have a great support structure behind them. That s why Cooper has developed a competitive total rewards program for employees that promotes personal health, assists employees in maintaining a healthy balance between work and life, and meets the diverse personal and professional needs of Cooper employees and their families. U.S. Operations U.S. employees are offered a comprehensive benefits package that includes medical and prescription drug coverage, wellness programs, optional dental and vision coverage, a health savings account, optional disability and life insurance programs, a retirement plan, and paid vacations and holidays. Asian Operations Cooper makes a monthly social insurance contribution for our China employees that includes pension, housing, medical, maternity, injury and unemployment benefits. European Operations Cooper provides a personal pension plan and life insurance and also makes available optional discounted private health insurance and discounted disability insurance. An onsite occupational health service offers employees physical therapy and counseling when appropriate. 14
Safe Workplace A workplace where employees carry out their responsibilities without injury while producing quality products and providing outstanding service is vital to Cooper s long-term success. That is why our company has long made workplace safety a top priority. At Cooper, the scope of safety includes: - Safety management systems - Global risk assessments and hazard control procedures - Use of technology to reduce or eliminate hazards - Sharing best practices for hazard elimination - Enforcement of safety absolutes These efforts have allowed us to make great improvements in our safety performance over the years, yet our work is by no means complete. Cooper will continue to raise our level of awareness and commitment to injury prevention as a top priority by building a zero-injury culture at every level of the business and across the total enterprise. To achieve this objective, we have introduced the Cooper Tire Safety Excellence System (SES) as the centerpiece of a recently launched Drive to Zero campaign. Drive to Zero illustrates an unwavering commitment to an environment of continuous improvement toward becoming an injury-free workplace. The SES is a comprehensive, measurable and goal-oriented system that will engage employees to eliminate hazards and avoid risk throughout the organization. Our vision for safety excellence starts with a strong commitment to injury prevention by our senior leadership as well as leaders of our operations and support teams. Leaders of each group are responsible for fostering high levels of employee engagement, which in turn will result in fewer injuries. The following eight elements of SES guide show how safety is managed throughout Cooper: 1. Management commitment and leadership 2. Roles, responsibilities and accountability 3. Employee participation 4. Communication 5. Hazard recognition and control 6. Training and education 7. Accident investigation and analysis 8. Performance evaluation and measurement SES Implementation Schedule - Tire manufacturing facilities Implementation of the SES is underway in our North America tire manufacturing facilities, starting with a baseline safety assessment and management training. This allows Cooper to see what practices are in place and may already meet the expectations of the SES eight key elements. From the baseline, Cooper will work immediately to close any gaps. International facilities will be addressed in the future. - Support facilities, such as mold and bladder plants, testing facilities, distribution and service centers, offices and the Mickey Thompson subsidiary, are expected to conclude an SES gap assessment by end of summer 2013. From there, Cooper will work immediately to close any gaps. - Ongoing audits The health and safety team will conduct audits in the first quarter of 2014 to ensure the company stays on track toward safety goals. 15
PEOPLE THE TUPELO, MISSISSIPPI, TIRE MANUFACTURING PLANT WORKED TWO MILLION HOURS ONE ENTIRE CALENDAR YEAR WITHOUT A LOST-TIME INJURY. THIS MILESTONE IS A COOPER FIRST. Career Development and Recognition In addition to offering a comprehensive benefits package and continually working to ensure a safe workplace, Cooper provides employees opportunities to learn and grow. We believe people respond to recognition and trust, the freedom to participate, the opportunity to learn, and the chance to develop personally and professionally. A variety of learning opportunities are provided through our in-house learning center, outside education and training opportunities, on-the-job training, and job rotation. Our talent management programs ensure that Cooper has a steady stream of leaders to drive us confidently into the future. Our performance management program is designed to ensure Cooper people focus their energies on areas that are directly aligned with the company s strategic initiatives and to enable them to develop necessary skills and expertise to advance into leadership positions if desired. To ensure leadership excellence, Talent Summits are held to help identify current and future leaders, key positions, and potential successors to those positions. Our leaders and future leaders are provided appropriate development opportunities for increasingly demanding leadership roles, and their progress is actively supported and monitored by Cooper s executive team and Board of Directors. COMMITMENT TO COMMUNITY In most communities in which we operate, Cooper is among the top 10 employers in the number of jobs we provide. At the same time as we offer jobs and bring revenues to the community, we are committed to being a good corporate citizen. We want everyone within the Cooper family of companies to be a proud employee of an organization that clearly understands our responsibilities to the communities where we live and work. As we head into Cooper s 100 th anniversary in 2014, we have a strong heritage of giving and are committed to being a contributing member of the communities where we operate. Part of being a socially responsible company is making a commitment to enhance the quality of life in the communities where we operate around the world. Often, this includes employees supporting non-profit organizations financially and through volunteerism, including service on the boards that guide these groups. In addition, it also includes Cooper s financial support to assist the organizations that help make our communities better places to live and work. Honoring Our Heritage and Hometown In honor of our upcoming 100-year anniversary, Cooper partnered with Findlay City Schools to develop a multi-purpose track and field complex while also establishing a monument to the company s legacy in Findlay. A ribbon-cutting ceremony held Nov. 9 marked the facility s 16
official opening to students and the community. The new complex includes a state-of-the-art, nine-lane track made of sustainable recycled rubber, as well as a multi-use competitive field that will support other sports and general physical education while also providing a venue for additional student and community events. Giving in Findlay, Ohio, Our Headquarters Hometown The organizations we assist are responsible for solving problems that impact thousands within our communities. An example is Cooper s support of flood mitigation efforts in our headquarters hometown of Findlay. Since 2008, we have provided significant financial support to help resolve this important issue. Additionally, in Findlay we are also a key supporter of The Alliance (Findlay-Hancock County Economic Development, Chamber of Commerce and Visitors Bureau), which serves to keep our headquarters hometown an attractive place to do business as well as to enjoy a high quality of life. In addition to these efforts, we actively support a host of groups throughout the local area, including the Boy Scouts, Hancock County Agency on Aging, the Hancock County Historical Museum, the Alzheimer s Association, the Ohio Foundation of Independent Colleges, the Red Cross, Habitat for Humanity, and many others. Cooper people volunteer their time for these and countless other organizations. In addition, each Friday, employees at the corporate headquarters have the opportunity to wear jeans to work in exchange for making a donation to a different charity every week. In 2012, more than $30,000 was raised through these Jeans Day events alone. Giving in the United States Throughout the United States, we are also active in supporting the United Way. In fact, a significant percentage of our total corporate giving budget is directed toward United Way in Findlay, Texarkana and Tupelo. The United Way s stated mission envisions a world where all individuals and families achieve their human potential through education, income stability and healthy lives. The United Way improves lives by mobilizing the caring power of communities around the world to advance the common good. Matching Gift Program Cooper administers a Matching Gift Program in the U.S. that enables employees to increase the impact of their individual contributions to eligible educational and cultural organizations. Cooper matches dollar-for-dollar employee charitable contributions, up to $5,000 per year per employee. During the past five years, Cooper has matched charitable donations of more than $430,000, with more than 150 organizations benefitting from the program. Giving Around the World Facilities within the Cooper family of companies around the globe are busy supporting their communities as well. Cooper is actively committed to public welfare and social responsibility in Asia. In recent years, Cooper has worked through the platform of the China Youth Development Foundation to initiate a number of public service activities. For example, Cooper helped build Cooper-Siyuan Primary School in Duosong Township, Henan County, Qinghai Province, China. Additionally, the Kunshan plant recently donated 20 computers for the students of Kunshan in primary school to be used as an added resource tool for teaching and learning. Among numerous community involvement programs, Cooper Tire Europe supports the Midland Freewheelers, a voluntary organization that delivers urgent medical documents, as well as desperately needed blood supplies via motorcycle, to hospitals in England. In Melksham, support is also provided to benefit Comic Relief, which aids victims of famine. Employees not only donate funds, they also wear red noses and other clown attire to bring awareness and attention to the cause. 17