First 30 Days Acquisition Integration Plan

Finance

External Reporting
1Q close and external reporting as combined company
Adjust book depletion for purchase price step up
Build out GL structure for businesses as separate segment
Finalize Purchase Accounting
Quarterly review procedures over Target accounts
Public bond disclosure resolution (consolidating footnote or separate FS)
GL to SAP GL Consolidation

Forecasts/Budget/Management Reporting....

Human Resources

Compensation
Map Target roles to Acquirer roles
Communication of changes to salary grade and/or pay adjustments

Long-Term Incentive Plan
Equity Plan: Payment of Acquirer’s March dividend.

Deferred Compensation
If needed, minimal required changes to Vanguard contract
At merger, key employee determination process & compare to ensure appropriate application in 2020

Severance
Determine impact to Tier I & II Severance for Acquirer employees

401k....

Legal

Corporate Secretary
Forms 3-4-5 for Section 16 insiders
Appoint new Officers and Directors in both Acquirer and Target subsidiaries

Central Services (Procurement) Team
Identify any key pending Target procurements

Compliance & Ethics Integration
Real Business licenses expire in March – expire or renew?

Integrate Legal Team...

Corporate

Organizational Structure
Complete Org Structure

Government Relations
Develop revised contributions budget (corporate/non PAC) for states
Notify of affiliation within 10 days of merger
Communicate new org/structure and points of contact to federal and state associations
Coordinate GR Messaging with Communications and develop key points for political officials

Sustainability...
 


Slide titles:



First 30 days - Finance

First 30 days - Finance (Contd.)

First 30 days - Human Resources

First 30 days - Human Resources (Contd.)

First 30 days - Human Resources (Contd.)

First 30 days - Legal

First 30 days - Legal (Contd.)

First 30 days - Corporate

First 30 days - Corporate (Contd.)

First 30 days - Corporate (Contd.)

First 30 days - Corporate (Contd.)