M&A Day One Integration

Content

• Day One Implementation
• What Must Happen on Day One
• Three Phases of Integrations
• Managing Expectations
• HR: Day One
• Headquarters Day 1 Event Schedule
• They Won at HQ Will Be Telecast Worldwide
• They Won Employee Welcome Package
• Guidance for Field Force and Shift Workers
• IT Accessibility for Acquiree On Day One

Day One Implementation

Day One is an Event – Worldwide

• Plan Consistently Across All Sites
• Manage Expectations
• Deliver a Consistent Message

Designed Around 3 Core Goals

• Welcome to Acquirer
• Communicate Shared Vision
• Foster Collaboration Going Forward

What Must Happen on Day One

• Ensure Every Employee Knows Who He or She Reports to on Day One
• Ensure Every Employee Knows Who His or Her HR Contact Is
• Maintain Continuity of Payroll and Benefits Systems for All Employees
• Ensure Managers and HR Staff Are Prepared to Answer Tough Employee Questions
• Communicate Selection and Severance Policies

Three Phases of Integrations

1. Information gathering and hypothesis generation

   Key activities:

   • Establish baseline for decision making
   • Generate initial hypothesis
   • Validate synergies

2. Integration planning and decision making

   Key activities:

   • Recommend and approve integration approach
   • Produce detailed integration plans

3. Implementation

   • Execute implementation plans
   • Progress tracking (synergies and milestones)

Responsibilities

• Business leaders accountable for recommendations and implementation
• Integration office manages and tracks overall process

Day One Employee Welcome Package

Branded Welcome Box to Include:

• Welcome gift (travel clock)
• Welcome letter from CEO
• Local schedule of activities
• FAQ document
• Acquirer fact sheet
• Division Organizational charts
• (new reporting structure)
• IT Day One Fact sheet ...