2023 | VEO Employee Benefit Guide

Welcome VEO is dedicated to providing its employees with a comprehensive benefits program offering the flexibility to customize benefits to meet your needs both now and in the future. This guide provides an overview of the benefits effective December 1, 2023 through November 30, 2024. Benefits Basics New Hires are eligible for benefits the first of the month following sixty (60) days of service. As a new hire, now is your opportunity to review your benefit options and make your enrollment decisions. Once you select your benefit options they will remain in effect until the next open enrollment period, to be effective December 1, 2024. VEO offers you the option to choose between the Cigna Open Access Plus (OAP) plan or the Cigna Open Access Plus Health Savings Account (H.S.A.) plan. Both of these medical plan options provide the security, benefits and services critical to your well-being. The important difference with the Open Access Plus Health Savings Account (H.S.A.) is that you will first need to meet an out-of-pocket deductible that you pay for with your tax-free savings account (the H.S.A.) before your healthcare benefits kick in. While you are employed with the company VEO will contribute 75% of the In-Network deductible ($1,125 Individual / $2,250 Family) to your H.S.A. fund on a weekly basis during the 2023-2024 plan year assuming your total combined contributions (employer and employee) are below the Federal maximum amount allowed. This is subject to change annually. See page 8 for more information. VEO encourages you to review all benefit options and choose the plans that best meet the needs of you and your family. The cost of your options depends upon the plans you choose and how many family members you cover.

TABLE OF CONTENTS BenefitsVIP .................................. 3 Medical Benefits ......................... 4 Flexible Spending Account .......... 6 Commuter Benefits ...................... 7 Ancillary Benefits ..................... 8-9 Annual Notices ..................... 10-11