This presentation contains confidential and proprietary information of Stericycle, Inc. and cannot be reproduced,

printed or distributed without written consent from Stericycle. © 2021 Stericycle, Inc. All rights reserved.

Stericycle Benefits

Supplemental Benefit Plans – Covering You Beyond Healthcare

October 2021

2

• How to ask questions during this webinar

• Overview of Enrollment and Changes for 2022

• Resources

• Summary of Stericycle Benefit Plans

• Overview of Supplemental Benefit Plans

• Benefit Plan Resources and Contacts

• Q & A

Agenda

Questions or Comments

3

To submit a question or comment :

1. Email to scott.mcniece@stericycle.com

2. Use the WebEx chat or Q&A functions

4

Enrollment Information• Annual Enrollment will take place from October 11 – October

22, 2021, for benefits effective January 1, 2022

• Enroll via YBR:

• Web: www.ybr.com/stericycle

• Mobile app: Search “Alight Mobile”

• Phone: 855-381-8326

2022 Team Member Contributions• Medical/Dental contributions increasing only 2% ($1 - $12 per

month depending on plan and level of coverage)

• Healthcare costs expected to increase by over 7% in 2022

• Stericycle is absorbing a majority of that increase

Overview of Enrollment and Changes for 2022

5

Voluntary Plan Changes• Change in vendor from Prudential to MetLife

• Two new plans – Hospital Indemnity and Pet Insurance –in addition to existing plans (Critical Illness and Accident)

FSA Rollover to 2022• Unused 2021 Healthcare and Dependent Care FSA funds

will rollover to 2022

• Automatic process – no TM action necessary

• Consider this rollover when making 2022 elections

Overview of Enrollment and Changes for 2022

• Benefits Video• What’s New Document• For Your Benefit guide• FAQs• Links to Important

Websites• Webinar Registration and

Recordings

Benefits Website and Resources

The Benefits website can be found at:

• https://www.stericycle.com/en-us/benefits

Upcoming webinars

• Medical Plans – More than just medical coverage

• Medical Plans – Which is right for you?

• Supplemental benefit plans –covering you beyond healthcare

• The Easiest Way to Lower Prescription Costs – Rx Savings Solutions

Additional Q &A is welcome at the Stericycle Benefits – Open Office Hours webinars

6

Learn more about all of your benefits in the For Your Benefits Guide

Core Healthcare Plans

• Medical – 3 plan choices (two high deductible plans, one PPO)

• Dental – 2 plan choices

• Vision – 1 Plan

• HSA account (if you enroll in a high deductible medical plan)

• Including Stericycle contribution

• FSA accounts – healthcare and dependent care

Summary of Stericycle Benefit Plans

Supplemental Plans

• Voluntary Benefits (Accident, Critical Illness, Hospital)

• Rx Savings Solutions*

• Real Appeal (weight management)*

• Livongo (diabetes management)

• Employee Assistance Program (EAP)*

• Pet Insurance

• Group Legal

Financial Wellness/Protection Plans

• 401(k) Retirement Plan with company match

• Employee Stock Purchase Plan (ESPP)

• Life and AD&D insurance*

• Short-term Disability (STD) and Long-term Disability (LTD)*

• Tuition Reimbursement Program*

• SteriCares Hardship Fund*

7

*Provided at no cost to Stericycle Team Members and eligible dependents enrolled in a Stericycle medical plan

Supplemental Medical Insurance

8

These benefits are not a replacement for traditional

medical insurance. They are a supplement to this coverage.

Hospital indemnity insurance

Accident insurance

Critical illness insurance

These benefits can

help offset the financial gaps:

Copays

Deductibles

Out-of-network doctor visits

Therapy

Out-of-pocket costs

not covered by health

insurance may include:Enrolled in a HSA

medical plan?

These supplemental medical plans provide

money that you can use to pay toward your out-of-pocket medical costs, like your deductible or coinsurance or use the

money to help with daily living expenses while you are on the

mend.

Supplemental Medical Insurance - Plan Features

9

Guaranteed issue coverage

Payments are made directly

to you to spend as you choose

Claims are paid fast

Take coverage with you if you change jobs or retire

Critical Illness

10

Example of Initial & Recurrence Benefit Payments2

The example below illustrates an employee who elected a Benefit Amount of $30,000 and has a Total Benefit Amount of 5 times (or 500%) of the Benefit Amount or $150,000.

Illness – Covered Condition Payment Total Benefit Remaining

Heart Attack – first verified diagnosisInitial Benefit payment of $30,000 or

100%.$120,000

Heart Attack – second verified diagnosis, two years later

Recurrence Benefit payment of $30,000 or 100%

$90,000

Kidney Failure – first verified diagnosis, three years later

Initial Benefit payment of $30,000 or 100%

$60,000

You have a choice of

a $10,000, $20,000,

$30,000, $40,000 or

$50,000 Benefit Amount

Your Total Benefit Amount

will be 5 times the Benefit

Amount you selected

You can receive Initial and

Recurrence Benefit1

payments until your Total

Benefit Amount is reached

Critical Illness

11

Conditions

• Cancer

• Heart Attack

• Stroke

• Coma

• Severe Burn

• Major Organ Transplant

• Coronary Artery Bypass Graft

• Loss of: Ability to Speak; Hearing; Or Sight

• Paralysis

• Sudden Cardiac Arrest

• 7 Childhood Diseases

• 10 Infectious Diseases

• 6 Progressive Diseases

Please review the plan documents for more information and exclusions

Accident Insurance

12

You have a choice of two plans: Low Plan and High Plan

Hospital coverage(due to an Accident & Sickness)

$1,000for the day of admission

$200 a day for non-ICU confinement up to 15 days

$200 a day for ICU confinement up to 15 days

$2,000for the day of admission

$300 a day for non-ICU confinementup to 15 days

$300 a day for ICU confinementup to 15 days

Medical services & treatment –15 covered medical services & treatments

Ranging from $25 – $1,000 per medical service/treatment

Ranging from $35 – $1,500 per medical service/treatment

Injuries –12 covered injury types

Ranging from $15 – $10,000 per injury

Ranging from $25 – $15,000 per injury

Covered conditions Low PlanMetLife Accident Insurance pays you

High PlanMetLife Accident Insurance pays you

Inpatient Rehabilitation(paid for up to 15 days Accident)

$75 per night, up to 15 nights$150 per night, up to 15 nights

Accident Insurance

13

Covered Events – below are some examples

• Fractures/Dislocations

• Concussion

• Coma

• Cuts/Lacerations

• Broken Tooth

Injuries

• Air/Ground Ambulance

• Emergency/Non-Emergency Care

• Physician Follow-Up

• Therapy Services

• Pain Management

• Blood/Plasma/Platelets

• Outpatient Surgery

Medical Services & Treatments

• Admission

• Confinement

• Admission – Intensive Care Unit (ICU)

• Confinement – ICU

• Inpatient Rehabilitation Unit

Hospital – Accident

Hospital Indemnity

14

Newborn Confinement(Newborn Nursery Care)

$25 per day, up to 2 days per confinement

$50 per day, up to 2 days per confinement

ConfinementConfinement – $100 a day, up to 15 daysICU Supplemental Confinement – $100 a

day, additional benefit up to 15 days

Confinement – $200 a day, up to 15 daysICU Supplemental Confinement – $200 a

day, additional benefit up to 15 days

AdmissionAdmission – $1,000 per calendar year Admission – $2,000 per calendar year

Hospital Coverage (Accident and Sickness)

Covered ConditionsLow Plan

MetLife Hospital Indemnity Pays YouHigh Plan

MetLife Hospital Indemnity Pays You

Hospital Indemnity

15

• Admission

• Confinement

• Newborn Confinement

Hospital – Accident and Sickness

• ICU Supplemental Confinement

Intensive Care Unit Coverage –Accident and SicknessHI4

Covered Events – below are some examples

Health Screening Benefit

16

MetLife provides an annual

Health Screening Benefit of $50

for taking one of the eligible

screening/prevention measures.

This benefit is available for all

members enrolled in Critical

Illness and/or Hospital Indemnity.

This coverage would be in addition to the

Total Benefit Amount payable for previously

mentioned Covered Conditions.

Pet Insurance

17

Help take the worry out of covering the cost of unexpected visits to the vet with your furry family members with MetLife Pet Insurance1.

You may be able to cover up to 90% on veterinary expenses from any licensed veterinarian, specialist or emergency clinic in the U.S.

Average annual cost for a routine vet visit is $212 for a dog and

$160 for a cat; and average annual cost

for surgical vet visit is $426 for a dog and

$214 for a cat

$$$

24%

of pet parents have credit card or

personal loan debt to cover pet health

and vet costs

More than 6 in 10 pet owners said their pet

has had an emergency medical expense

6 in 10+

$

A small monthly payment can help take the stress out of paying vet expenses down the

road

Pet Insurance

18

Accidental injuries

illnesses

exam fees

surgeries

medications

ultrasounds

hospital stays

x-rays and diagnostic tests

Pre-existing conditions may not be covered.

hip dysplasia

hereditary conditions

congenital conditions

chronic conditions

alternative therapies

holistic care

and much more!

Coverage also includes

What does Pet Insurance cover?

When applying for a policy

with MetLife, there are:

✓ No breed exclusions

✓ No upper age limits

✓ No initial exam or previous vet

records needed to enroll4

✓ No per-incident or lifetime limits

Life and AD&D Insurance

19

Basic Life Insurance and Accidental Death & Dismemberment Insurance (AD&D) is provided as follows:

✓Basic Life: $50,000 provided for all benefit eligible Team Members

✓AD&D: $50,000 provided for all benefit eligible Team Members

✓At no cost to you!

Optional Life Insurance may be purchased for:

✓Yourself: up to 8X base pay (or $2 million, whichever is less), in $10,000 increments

✓Your Spouse: up to $250,000 coverage or 100% of TM coverage

✓Your Children: up to $25,000 coverage or 100% of TM coverage

Optional AD & D may be purchased for:

✓Yourself: up to 8X base pay (or $2 million, whichever is less), in $10,000 increments

✓Your Spouse: up to 50% of your optional AD&D election

✓Your Children: up to 20% of your own optional AD&D election

Note: Life and AD&D insurance coverage levels reduce once you reach age 65. See plan document for additional details.

Disability Plans

20

• Provided at no cost to TMs

• 60% of weekly earnings

• 12 weeks of benefit payments after completing 7-day elimination period

• Payments made by Stericycle Payroll

Short-Term Disability

• Provided at no cost to TMs

• 60% of monthly earnings

• Benefits can continue up to age 65 or your Social Security retirement age

• Monthly payments from Lincoln Financial Group

Long-Term Disability

Disability plans administered by

Lincoln Financial Group

Have questions about the plans or need to initiate a claim? Call

Lincoln directly at 877-788-9641

Voluntary Benefits

21

Pre-paid Legal Program

✓Available from MetLife Legal Plans

✓Access to a nationwide network of more than 13,000 qualified attorneys

✓Covers a range of services including document review and prep, estate planning, immigration assistance, family law, real estate transactions and more

✓Plan can be utilized unlimited over the course of the calendar year

Auto & Home Insurance

✓Available from Farmer’s Insurance

✓Purchase policies at discounted rates

✓Choose to be billed at home or have payroll deductions

- If you choose payroll deductions, you qualify for an additional 10% discount on your policy

✓Sign up at any time and the policies are portable if you leave Stericycle

Employee Assistance Program (EAP)

22

Confidential assistance available through the EAP

✓No cost to you

✓EAP assistance is available to all Stericycle Team Members and their family members

✓Counselors are available 24 hours a day, 7 days a week

✓EAP can assist with a wide range of personal issues including emotional well-being, parenting and childcare, elder care referrals, workplace conflicts, addiction and recovery and many more

✓Up to five free face-to-face counseling sessions per year for each issue

Tuition Reimbursement Program

23

Get help with education costs

✓No cost to you

✓Available to benefit eligible Team Members who have completed three months of employment

✓Provides financial reimbursement for continuing education and professional development

✓Eligible to receive up to $5,250 in reimbursements each calendar year

✓Visit the Benefits page on SteriPoint for more information

SteriCares Hardship FundWhat is SteriCares?

SteriCares is a hardship fund designed to provide financial assistance to Stericycle team members who are experiencing a temporary financial hardship due to a natural disaster or an unforeseen personal hardship. It is intended to help team members return to financial and emotional stability.

Who is eligible?

Active employees in a role below Director-level

24

How does the program work?

Team members who experience a hardship due to an eligible event can apply for a financial grant. Approved applications will receive a grant of up to 3,000 USD (depending upon eligible event), which can be used to pay for expenses related to the hardship event.

Team members can apply for a grant if the hardship is a result of one of the following qualifying events:

• A natural disaster that may result in evacuation, cause personal injury, and/or cause damage to one’s primary residence

• Impact to one’s primary residence which results in significant expenses or repairs

• Death of a team member or their eligible dependent

• Serious life-threatening illness or injury

• Victim of a violent crime

• Domestic abuse

This is an additional benefit and does not replace any benefits

with this offering.

Make a donation or apply for a grant here:

https://www.stericaresfund.org/

• Benefits Video• What’s New Document• For Your Benefit guide• FAQs• Links to Important

Websites• Webinar Registration and

Recordings

Benefits Website and Resources

The Benefits website can be found at:

• https://www.stericycle.com/en-us/benefits

Upcoming webinars

• Medical Plans – More than just medical coverage

• Medical Plans – Which is right for you?

• Supplemental benefit plans –covering you beyond healthcare

• The Easiest Way to Lower Prescription Costs – Rx Savings Solutions

Additional Q &A is welcome at the Stericycle Benefits – Open Office Hours

25

Learn more about all of your benefits in the For Your Benefits Guide

26

Benefit Contact Information and ResourcesResource Where to Find Date Available

For Your Benefit Guide

• AE Packet

• Benefits website

(https://www.stericycle.com/en-us/benefits)

• Benefits website available week of September 20th

• AE Packets mailed September 29th

Enrollment Worksheet• AE Packet

• YBR website (www.ybr.com/stericycle)• AE Packets mailed September 29th• Enrollment available on YBR October 11th

2022 Benefits Video• Benefits website

(https://www.stericycle.com/en-us/benefits)• Benefits website available week of

September 20th

AE Webinars• Benefits website – registration and recordings

(https://www.stericycle.com/en-us/benefits)• Webinar recordings to be posted by the

end of week of Oct 11th

Your Benefits Resources

(YBR)• www.ybr.com/stericycle or 855-381-8326 • Enrollment opens October 11th

UnitedHealthcare • www.whyuhc.com/stericycle or 833-719-1698 • Available now

Stericycle Benefits Team

• Email – HR-Benefits@stericycle.com

• Web - https://www.stericycle.com/en-

us/benefits

• Email – available any time• Web – website is available week of

September 20th

26

Questions or Comments

27

To submit a question or comment :

1. Email to scott.mcniece@stericycle.com

2. Use the WebEx chat or Q&A functions

28

If you do nothing during AE, all your current benefits will roll over to 2022 with the exception of your elections for contributions to your Health Savings Account (HSA) or Flexible Spending Account (FSA). These benefits will default to a $0 contribution election, however, you will continue to receive the Stericycle contribution to your HSA. Remember you can change your HSA contributions at any time during the plan year.

If I don’t enroll during AE, will my current benefits roll

over to 2022?

You have a few options for completing your enrollment – utilize the YBR website (www.ybr.com/stericycle), use the Alight Mobile app on your smart device or call YBR and speak to a representative (855-381-8326).

How do I complete my enrollment?

If you need assistance with completing your enrollment or if you have a question about your benefits, you can utilize the chat feature on the YBR website or Alight Mobile app or you can call YBR (855-381-8326).

Who do I contact if I need assistance?

Although you may not have utilized your healthcare plans very much in the past two years, the premiums are based on total costs associated with all plan member claims. These claims, plus healthcare cost inflation, which is expected to be over 7% in 2022, are factors that impact the healthcare premiums each year. For 2022, Stericycle is absorbing a majority of the 7% inflation and Team Member premiums are increasing by only 2% ($1 - $12 per month depending on plan choices).

Why do healthcare premiums continue to increase when I’ve rarely used my plans over the

past two years?

Frequently Asked Questions

29

As a new hire, you will need to complete two enrollments – New Hire enrollment for your benefits for the remainder of 2021 and Annual Enrollment for your 2022 benefits. You will not be able to complete your Annual Enrollment until after you complete your New Hire enrollment. Once you complete your New Hire enrollment, your Annual Enrollment for 2022 benefits will open.

I’m a new hire and haven’t enrolled in my benefits yet.

Do I need to complete an Annual Enrollment?

If you have a qualified status change and need to make changes to your benefits (e.g. add a new dependent, drop a dependent, add or change coverages), you should contact YBR to process that change within 31 days of the date of your change. The updates to your benefits will be effective on the date of your qualified status change. If you only make updates during Annual Enrollment, your updates will be effective January 1, 2022.

I had a qualified status change (e.g. birth, marriage,

divorce). Should I make changes during Annual

Enrollment for this change?

You should complete your Stericycle Annual Enrollment during the enrollment period. After reviewing and completing your spouse’s Annual Enrollment, if you need to make a change to your Stericycle benefits, you should contact YBR for assistance by 12/31.

My spouse’s employer’s Annual Enrollment is later

than Stericycle’s. What should I do?

Frequently Asked Questions

29

30

Visit the Benefits website at https://www.stericycle.com/en-us/benefits. On this site you can view the For Your Benefits guide as well as learn about the changes for 2022. You can also view the benefits video and register for AE webinars.

Be sure that your home address is correct in SuccessFactors and update accordingly if necessary.

I didn’t receive an Annual Enrollment packet in the

mail. Where do I get information regarding

Annual Enrollment?

No, your child is eligible to be covered until their 26th birthday. Their coverage will automatically end at the end of the month in which they turn 26. They will be offered an opportunity to continue their coverage via COBRA and information will be mailed to your home regarding COBRA. This process is automatic, and no action is needed on your part. Contact YBR if you have any questions.

My child is turning 26 in 2022. Do I need to drop

them from coverage during Annual Enrollment?

ID cards are only issued for medical and prescription coverage (you will receive a separate ID card for prescription drug coverage when you enroll in medical). The dental and vision plans do not issue ID cards. If you are currently enrolled in a medical plan in 2021 and are continuing your coverage into 2022, a new ID card will not be issued to you. If you are newly enrolling in medical coverage for 2022, you will receive your ID cards in late December.

Will I receive new ID cards in the mail for

medical/dental/vision?

Frequently Asked Questions

30

THANK YOU!