2024

At Polaris, we are committed to diversity and equal opportunities, fostering a workforce made up of professionals from diverse backgrounds, academic disciplines, cultures, ages, and genders.

As part of our corporate sustainability strategy, occupational safety remains our top priority. We are committed to ensuring that every worker returns home in the same condition?or better?than when they arrived.

In addition to our preventive approach, we actively implement measures to minimize risks, including: Providing personal protective equipment (PPE) tailored to each worker’s activity and risk level.

Since its launch at our Nicaragua subsidiary, the Healthy Worker Program has been instrumental in encouraging employees to prioritize their physical health7. Following its success, we recognized during our 2022 materiality analysis that expanding the program across all operations would greatly benefit both our team and Polaris as a whole. This year, we enhanced health-related training and extended the program?s activities company-wide, incorporating sports, active breaks, and a stronger emphasis on promoting healthier lifestyles. A key highlight has been the Sports Day events held at each subsidiary, which foster team cohesion while promoting physical well-being in a fun, engaging way.

Mental health training is a cornerstone of our strategy to ensure employees have the resources to thrive. For this year?s World Mental Health Day, with the theme ?Mental Health in the Workplace,? we hosted a session titled ?Mental Health is for Everyone.? Employees from various locations participated, where we discussed the importance of mental health, its impact on both individuals and teams, and worked to challenge common misconceptions about mental health.

The Joint Hygiene and Safety Committee, along with Safety Supervisors, plays a critical role in managing workplace safety and health. We have implemented these roles across all operations. At our Geothermal Power Plant in Nicaragua, a Joint Hygiene and Safety Committee, composed of both worker and management representatives, oversees working conditions, safety improvements, training, accident investigations, and regular inspections. In other operations, Safety Supervisors ensure compliance with safety regulations, fulfilling similar responsibilities to the Joint Committee. Both bodies serve as vital channels for representing worker interests, ensuring transparency, and fostering open communication regarding health and safety concerns.

At Polaris, we recognize that our employees are the cornerstone of our success and sustainability. We cultivate a culture of trust, collaboration, and respect, where each individual feels valued, heard, and motivated to contribute their best. Our professional development programs and open communication channels ensure that every employee has the tools and support to grow and help achieve our shared goals, fostering innovation and organizational resilience.

We are committed to creating inclusive employment opportunities that support both professional and personal growth for individuals from diverse backgrounds. In the past year, we created over 125 new temporary roles and 18 permanent positions, with our Dominican Republic operations accounting for 83% of hires?98% of whom were from local communities.

Our Youth Talent Internship Program in Nicaragua provides university and technical students with practical experience in a dynamic environment. In 2024, more than 35 students participated, with 11% transitioning to full-time roles. We remain dedicated to promoting industry?s best practices, inclusion, and growth, offering diverse young talent the opportunity to thrive at Polaris. Through our Onboarding Program, we invested 649.5 training hours for new employees and interns.

We deeply value our employees? contributions, which are vital to our ongoing success. In the past year, we implemented strategies to strengthen retention, including training, recognition programs, health and wellness initiatives, and volunteering opportunities. These efforts helped achieve a 90% retention rate, ensuring the continuity of our key talent. By 2025, we plan to continue investing in professional development to strengthen our employees? connection to our mission and values. Key recognition initiatives include: ? I-STAR Ambassador Award: Recognizes employees who exemplify our core values, with five outstanding individuals selected by the Polaris Board of Directors. ? Polaris Day: Celebrated the company?s 9th anniversary8 under the theme ?Polaris DNA is our shared essence.? The event promoted teamwork and engaged employees through sports, integration games, and trivia, with over 98% participation across six jurisdictions. ? Special Celebrations: We celebrated significant moments like Mother?s Day, Father?s Day, and birthdays, expressing appreciation through personalized gifts and events. ? Seniority Recognition Program: Acknowledges employees? loyalty at key milestones (5-year increments), fostering a sense of pride and belonging. ? Volunteer Program: Employees contributed over 308 hours to reforestation, educational mentoring, and community support, reflecting our commitment to sustainable development and fostering a sense of purpose among staff.

We are committed to continuous learning, empowering employees to face future challenges. In 2024, we invested 7,781 work hours in training, with 21% of employees participating in specialized development initiatives.