Year End Review and Compensation - Key Dates (Global) Timeline Who Dec 2 – Dec 20 All Employees Dec 20 – Jan 31 Managers & Above Action All employees document and submit their results against key goals and responsibilities aligned with Our Winning Way, via Workday PMP template or PMP Excel forms (no selfrating). Managers are encouraged to have a discussion with each direct report regarding the documented results to ensure common understanding. In preparing for Calibration Process, Managers will then add feedback/comments and preliminary ratings to their direct reports PMP templates via Workday or Excel. Calibration discussions, facilitated by HR, take place (where applicable). All PMP Reviews completed and approved by next level management (one-over-one approval). Jan 13 – Jan 31 HR Community & Managers & Above Feb 3 – Feb 19 Managers & Above Feb 19 Feb 20 – Feb 21 Feb 24 – Feb 26 Feb 24 onward Division and Shared Services Heads Managers & Above Managers Feb 27 – Feb 28 Mar 5 Mar 10 Mar 11 – Mar 14 Mar 14 Mar 17 Mar 24 April 4 March/April March/April Global Compensation CEO & CHRO Global Compensation US Employees US Employees US Employees US Employees US Employees International Employees International Employees 1 PayESSENTIALS Training for HR community Participate in Manager PayESSENTIALS training Access PayESSENTIALS and enter Performance Ratings, Merit Increases, Promotions/Adjustments, AIP and LTI Recommendations Corporate Earnings Release Division & Shared Services heads review and approve all submitted recommendations in PayESSENTIALS Read only view of all AIP recommendations with financials Following EC approval, managers conduct Year-End Performance Review and Rating discussions with each direct report. Audit and review PayESSENTIALS submitted recommendations Final approval of all submitted recommendations Notification to local HR on final awards All managers communicate merit and bonus/LTI awards to direct reports AIP bonus payout Salary increases effective for non-exempt employees Salary increases effective for exempt employees Increases reflected in employee paychecks for eligible employees Salary increases for all employees paid according to local payroll practice AIP & Local bonus payout on first payroll of the month (per local payroll practice) Please note that the all compensation dates are subject to change depending on the financial earnings release.