Environmental, Social and Governance Profile

2023

This document covers ESG disclosures for TEAM, Inc., and subsidiaries (the "Company," "TEAM," "our," "we," or "us") for the period January 1, 2023, through December 31, 2023, unless otherwise noted.

TEAM, Inc.

Environmental, Social

and Governance Profile

The following contains disclosure of relevant metrics to TEAM, Inc.'s business. This includes disclosures in the Sustainability Accounting Standards Board (SASB) standards for the Engineering and Construction Services industry. Also identified are our practices and efforts as they relate to advancing the United Nations Sustainable Development Goals (UN SDGs).

Who We Are

TEAM, Inc., is a worldwide integrated asset performance solutions provider offering inspection, maintenance, repair services and manufacturing. Our services optimize critical asset functionality, safety, and reliability across several industries. With a diverse workforce of engineers, technicians, and client support professionals, we deliver a comprehensive suite of services in vital sectors including those that further the efforts of green energy.

We champion ESG excellence by leveraging asset integrity, minimizing environmental impact, and mitigating risks through proactive maintenance practices.

Our mission is to ensure the integrity and longevity of critical assets, contributing to a sustainable and responsible future.

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TEAM's ESG Program Objectives

Five years ago, we initiated our ESG Program to further our commitment to environmental, social and governance principles. We promote and support business practices that are environmentally sustainable, socially conscious, and aligned with strong corporate governance practices.

Social consciousness is evidenced by our commitment towards good corporate citizenship and a focus on improving the quality of people's lives - including employees, clients and the communities where we operate.

Business Summary

$862M

~5,400

>140

Revenue

Employees

Locations

Across 15 Countries

>20

25

Industries Served

Service Lines Across

Green Industries:

2 Business Segments

Renewable Energy

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Environmental Awareness

ENVIRONMENTAL

AWARENESS

(SASB IF-EN-160a.1)

Environmental Compliance and Stewardship

All business operations must be conducted in compliance with all applicable environmental laws and regulations, both domestic and foreign, and in compliance with TEAM's Health, Safety, Environmental and Security Policy(HSE&S Policy) and our clients' environmental policies and standards. These laws, regulations, policies, and standards protect the communities where we live and work, human health, wildlife, and natural resources.

Processes to Assess and Manage

Environmental Risks

To ensure we properly manage environmental risks, we maintain management systems, such as ISO 14001:2015 (Environmental Management Systems), ISO 45001:2018 (Occupational Health and Safety Management Systems and ISO 9001:2015 (Quality Management Systems).

(IF-EN-410a.1)

At this time, TEAM does not have any projects that are commissioned projects certified to a third-partymulti-attribute sustainability standard or active projects seeking such certification.

(IF-EN-410a.2)

Process to incorporate operational-phase energy and water efficiency considerations into project planning and design

Most of our operations take place at our clients' facilities minimizing our own facilities' operational footprint and water and energy usage. We continue to explore opportunities that would further reduce our environmental footprint such as utilizing drones, robotics and remote monitoring technology to reduce unnecessary travel and carbon emissions.

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SAFETY, QUALITY & TRAINING

SAFETY, QUALITY & TRAINING

(IF-EN-320a.1)

Total recordable incident rate (TRIR) and fatality rate for direct employees and contract employees

Safety and quality are our primary core values, and we strive to achieve zero recordable injuries. Our training program enables employees to stay updated on industry best practices for safe operations.In 2023 our technicians completed over 64,000 hours of training. In 2023, we lowered our lost time case rate from our 2022 rate by 43%. In 2023, our TRIR global rate was 0.28 and our TRIR U.S. only rate was 0.24. Since June of 2020, TEAM has driven approximately 144 million miles and have not sustained a recordable injury from a vehicle accident.

Company Health and Safety Programs

Safety of our employees, clients, and contractors is our #1 Core Value. We maintain management systems designed to exceed compliance with applicable laws and regulations as detailed in our Health, Safety, Environmental and Security Policy(HSE&S Policy). These management systems apply to processes, products, and all personnel.

(IF-EN-250a.1)

At this time, TEAM does not report metrics relating to the amount of defect-and-safety related work costs.

(IF-EN-250a.2)

TEAM discloses material monetary losses as a result of legal proceedings associated with defect- and safety- related incidents in our Annual Report on Form10-K.

TRIR Comparison

This TRIR Comparison graph will be updated with 2023 comparative data in August 2024.

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OUR PEOPLE

OUR PEOPLE

Gender Diversity

Through targeted recruiting efforts, with a strong focus on veterans, women, and candidates from other minority groups, alongside efforts to diversify our board of directors, we remain committed to enhancing diversity throughout the company.

Global Workforce

Corporate Leadership

General and Administrative

11%

89%

13%

87%

56%

44%

Female

Male

Female

Male

Female

Male

Talent Recruitment and Retention Efforts

Our talent management and professional development programs, such as the TEAM Apprenticeship Program, empower team members to personalize their career journeys by building critical job skills, gaining hands-on experience, providing ongoing access to world class training, career mentoring and pave the way toward career paths that provide long-term advancement.

Community

Engagement and

Philanthropic

Initiatives

We sponsor and support numerous charitable organizations including Easter Seals, American Cancer Society and United Way. These contributions enable the work of nonprofit organizations of all sizes, working in areas such as disability services and support, disaster response and humanitarian assistance, hunger prevention, and sustainable development around the globe.

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GOVERNANCE & ETHICS

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Disclaimer

Team Inc. published this content on 05 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 April 2024 21:46:03 UTC.