---

Stratus values innovation, integrity and initiative. We are committed to supporting inclusion in the workplace and encouraging the health and well-being of our employees. We believe our successes would not have been achieved without our diverse, dedicated and talented team. We promote a collaborative and collegial work environment that is conducive to personal growth and fulfillment as well as professional productivity.

Inclusion

Our focus on inclusion applies to all of our colleagues, including our directors, executive officers and employees.

We are committed to Board diversity and Board refreshment, in order to bring new perspectives and ideas. We believe the Company's policies and practices help to ensure a diversity of skills, experience and tenure on the Board. We believe that all individuals should be treated with dignity and respect, and we strive to maintain a workplace that is free from discrimination or harassment on the basis of gender, race, religion, disability, nationality, ethnicity, sexual orientation, age and gender identity. Stratus is an equal opportunity employer. Our basis for recruiting, hiring, placement, development, training, compensation and advancement at the Company is based on a person's qualifications, skills and experience.

Board Composition Highlights

Since 2021, we have added three new, diverse independent directors to our Board: Neville L. Rhone, Jr., Kate B. Henriksen and Laurie L. Dotter. In addition, six of our seven directors are independent. The following tables illustrate the diversity of our directors and executive officers based on self-identified characteristics on an individual and aggregate basis.

	Dotter	Henriksen	Joseph	Madden	Porter	Rhone	Armstrong	Pickens
Gender (Male, Female):
Directors and Executive Officers	F	F	M	M	M	M	M	F
Race/Ethnicity
African American or Black						✓
Alaskan Native or Native American (1)								✓
White	✓	✓	✓	✓	✓		✓	✓
(1) Erin D. Pickens, our Senior Vice President and Chief Financial Officer, is a citizen of the Cherokee Nation.

 

Board Diversity Matrix

Total Number of Directors	7
	Female	Male	Non-Binary	Did Not Disclose Gender
Gender:
Directors	2	5	-	-
Number of Directors who identify in Any of the Categories Below:
African American or Black	-	1	-	-
Alaskan Native or Native American	-	-	-	-
Asian	-	-	-	-
Hispanic or Latinx	-	-	-	-
Native Hawaiian or Pacific Islander	-	-	-	-
White	2	4	-	-
Two or More Races or Ethnicities	-	-	-	-
LGBTQ+	-
Did Not Disclose Demographic Background	-

Employee Safety and Well-Being

It is Stratus' policy to promote a positive and productive work environment in which all of our employees are respected and valued. We are committed to providing and maintaining a safe and healthy workplace, and promoting the health and well-being of our employees.

As an employer, Stratus:

• Provides robust benefits including medical, dental and vision insurance for employees and their families
• Provides a 401k plan, including a matching program, to encourage financial preparedness
• Offers paid vacation and sick leave
• Offers telecommuting and work-from-home opportunities
• Provides reimbursement of a portion of gym membership fees
• Provides healthy food for meals and snacks in the office kitchen

At the onset of the COVID-19 pandemic, Stratus implemented additional safety protocols to protect our employees and others, including protocols regarding social distancing, health checks and working remotely. Our employees adapted quickly to the changes and managed our business successfully during this challenging time.

Responsible Labor Practices

Stratus endeavors to operate its business in compliance with all applicable laws regarding labor and employment. In 2022, we implemented an enhanced policy focused on labor and human rights as a commitment to upholding the highest ethical standards across these important social issues.