2024 GEO AWARDS APPLICATION FORM

BEST PLAN EFFECTIVENESS

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

Share plans help companies achieve their corporate mission and goals. This award category is to highlight companies that have spent time and energy developing share plans that work well towards meeting key corporate objectives. The criteria for this category are based on the assessment of plan participation and other ways of involving employees in the successful operation of the company. An essential component of assessing effectiveness is a clear statement of the goals of the plan in addition to a demonstrated measurement technique to gauge progress in achieving those goals.

BEST IN FINANCIAL EDUCATION

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

There is an increasing awareness among companies that their responsibility to plan participants extends beyond the implementation of a share plan. Providing adequate financial education to participants is seen as one of the key features of successful global stock plans. The award for Best in Financial Education is granted to companies who have implemented a financial education program that best meets the challenge of providing independent and objective information to employees without infringing on compliance or other regulatory constraints.

BEST USE OF TECHNOLOGY

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

The best designed and communicated global share plans can be prohibitively expensive and time consuming if not properly managed and operated. The use of paper/print confirmation, enrollment, account management forms and communication materials inherently slows the implementation and management of these plans. Corporate stock plan departments have thus found websites, intranets, electronic tools and other virtual technologies invaluable and cost effective in managing, communicating, and administering global share plans. The Best Use of Technology award is granted to companies that develop and/or implement innovative, appropriate, and comprehensive technological solutions to share plan administration, communication, and internal project management.

MOST INNOVATIVE PLAN DESIGN

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

Share plans can be created to meet a multitude of corporate objectives which must be balanced with the legal, regulatory, and tax issues, both in the headquarters country as well as in other jurisdictions. An equally important challenge is to create a global plan that maintains the core corporate philosophy while adapting to local cultural concerns. This award category allows applicants to demonstrate how creative they are in working around potential stumbling blocks in developing and implementing global share plans. Measurements in this category include how well the plan was creatively adapted to local tax and regulatory laws, innovative ways to increase employee participation and excitement and how the plan differs from competitors or industry norms.

BEST USE OF EMPLOYEE SHARE PLANS IN A CORPORATE ACTION

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

Share plan programs are increasingly viewed as a strategic tool in preparing for and executing mergers, acquisitions, reorganization or divestitures. This award recognizes excellence in the use of share plans in support of specific objectives furthering a corporate action. Measurements include fair or enhanced treatment for impacted participants, effective communication of implications to share plan participants, and demonstrated commitment to share plans after the conclusion of the corporate action. Qualified corporate actions include mergers, acquisitions, restructuring, divestitures and similar actions.

BEST PLAN COMMUNICATION

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

An effective communication program is key to the success of any share plan program. Operating these plans globally present unique geographic, linguistic, and cultural challenges that complicate even the best communication programs. This award category looks for the most effective and appropriate communication methods and materials used in plan communications, including written, internet/web-based and virtual communication methods including video technology, regardless of where a plan is offered. Judges will consider a company’s size and number of participants to whom the company must communicate with regarding their share plans. Awards are not based on the amount of money spent on a communications program—rather they are based on content, coherency, and style of the message delivered, including the cohesiveness of the media employed to accomplish the organization’s defined goals. Note that in previous years, the awards process considered video technology as a separate awards category, however, due to the fact that video media is commonly deployed as part of a comprehensive campaign, all communication mechanisms will be considered within the Best Plan Communication category.

MOST CREATIVE SOLUTION

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

Companies regularly face challenges - whether a result of complex plan design or extension of a plan globally- in their share plans. This award allows applicants to demonstrate how creative they are in the design and administration of their share plans while still maintaining a high level of service to plan participants. The Most Creative Solution award is granted to companies who have implemented proven, effective, and innovative solutions that solve a company’s needs and reduce workload and scale processes. Awards in this category are granted to companies who offer premier solutions to unique challenges and set new industry standards.

BEST USE OF A SHARE PLAN IN AN EMERGING MARKET

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

The challenges of spreading share plan wealth globally can be particularly complex in emerging markets. Developing legislation, introducing share plans to an unfamiliar population and/or dealing with complex governance structures are a few among a myriad of challenges in a developing economy. This award category is designed to highlight companies that have developed and successfully deployed a global share plan program, including or focused on an emerging market. Successful candidates in this category will demonstrate the ability to address particular economic, social, political or even religious challenges faced in deploying in a developing economy. The winning company will address and even incorporate these aspects in their plan to be successful for their company and their employees. We recognize that measuring success may be different than what we have defined historically.

BEST USE OF A SHARE PLAN IN A PRIVATE COMPANY

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

Share plans help companies achieve their corporate mission and goals. This award category highlights private companies that have spent time and energy developing share plans that support the achievement of key corporate objectives while remaining a privately-held company. The criteria for this category are based on the assessment of effective private company plan design, overall participation and other unique ways of involving employees in the successful operation of the company. An essential component of assessing share plan excellence in the private company environment is a clear statement of the goals of the plan in addition to a demonstrated measurement technique to gauge progress in achieving those goals.

BEST IN EXECUTIVE COMPENSATION

Important note: The following questions pertain specifically to the plan submitted in the ABOUT THE PLAN/PROGRAM section. If you are making submissions for multiple plans, each plan must be submitted via a separate application.

Award Criteria

Outstanding executive compensation strategies play a pivotal role in retaining, attracting, and nurturing top-tier leadership talent, all while nurturing growth and innovation to drive an organization toward its strategic vision. This prestigious award recognizes companies that invest substantially in the art of designing executive compensation plans that seamlessly align with their corporate mission and make significant contributions to core corporate objectives. Assessment criteria include the depth of alignment between these compensation plans and the overarching strategic course of the company, the fostering of active engagement and steadfast commitment among executives, and the presentation of well-established, resilient measurement techniques designed to monitor and substantiate progress toward defined objectives.