Corporate Sustainability: People

Cultivating Talent to Meet Patient Needs

LivaNova has approximately 2,900 employees worldwide, representing 75 nationalities and located in 32 countries. These employees are crucial in the LivaNova Mission to provide hope for patients and their families. At the core, this is who we are as a company.

The Company’s mission is supported by our Values. LivaNova believes in putting Patients First, fostering Meaningful Innovation, enabling employees to Act with Agility, demonstrating a Commitment to Quality and Integrity in everything we do, and enabling an environment of Collaborative Culture. These behaviors are how we achieve success.

Finally, the Company’s mission and values are reinforced by our Four Pillars. Talent and Culture, together with Growth and Profitability guide our actions to deliver results and ensure our success.

Employee Engagement

LivaNova’s Culture pillar seeks to foster continuous learning and values open and direct communication. Accordingly, the Company regularly conducts an anonymous employee survey, called LivaNova4You, to help measure overall engagement and satisfaction of the team. The survey provides actionable data for opportunities for improvement. For example, in response to the 2021 engagement survey, LivaNova launched the Employee Value Proposition (EVP) of work that matters, at a place we want to be. Designed by employee focus groups, the EVP aimed to explain what it is like to work at LivaNova. The EVP received positive reviews in the 2023 engagement survey – employees indicated that they feel highly dedicated and proud to work at LivaNova.

The Company’s 2023 survey results saw an increase in the overall employee engagement since the last survey in 2021. With over 90% of employees completing the survey, the results indicated an increase in employee satisfaction and motivation. In response to feedback from the survey results, the executive leadership team has committed to improving, among other things, the digitization of work systems and the Company’s branding.

A man and woman fist bumping while working next to each other at an office desk

Compensation and Benefits

To meet the needs of LivaNova’s patients and customers, the Company strives to attract, retain, develop and reward exceptional talent. LivaNova’s proactive talent acquisition strategies, competitive compensation and benefits, collaborative and rewarding work environment, leadership development programs and professional training opportunities have been a significant driver of LivaNova’s success. In addition to base pay, LivaNova’s rewards, compensation and benefits programs may include, depending on jurisdiction, annual bonuses, stock awards, pensions, health benefits and health programs, paid time off and parental leave, financial assistance for education-related purposes, flexible schedules, remote working, and employee stock purchase plans, among others.

Performance Management, Leadership Development and Professional Training

LivaNova’s annual performance management process is designed to build employee skills and capabilities and develop and retain enterprise leaders for the future. It includes training to increase the quality of employee/manager talent review discussions and employee performance calibrations among leaders to drive consistency. All full-time and part-time employees start the year creating performance-aligned goals which are reviewed with their managers at both mid-year and year-end performance evaluation reviews.

In addition, LivaNova has a range of tailored programs in place to develop and enhance employees’ career paths. The LivaNova Leadership Academy is a program that promotes development through three different learning forums, Manager Fundamentals, Emerging Leaders and Advanced Leadership, to accelerate the development and succession readiness for employees chosen for the program. Employees also have access to an extensive training library called LivaNova University, which contains modules covering different aspects of the business.

To further assist employee developmental goals, LivaNova supports the continuing education of its employees externally. In the US and internationally, eligible employees can access financial aid through education reimbursement programs for approved courses and certifications completed independently. Additionally, the Company sponsors professional growth opportunities.

Finally, LivaNova offers internships and apprenticeships across functions around the globe, in partnership with universities and institutions, which regularly lead to full-time employment at the Company.

Diversity, Equity, and Inclusion

LivaNova is diverse by nature, united by purpose. The Company embraces diverse perspectives, experiences and backgrounds, knowing they enrich collaborative culture and drive success as a company. Diversity and inclusion create trust and a deeper sense of belonging to the LivaNova community, uniting the Company to make a meaningful difference in the lives of patients worldwide. LivaNova recognizes the value in fostering a work environment that is culturally diverse and inclusive and strives to provide a workplace free of harassment or discrimination. Accordingly, gender metrics are closely monitored at the Board, Executive and senior leadership level on a regular basis.

The below metrics are as of December 31, 2023:

	TOTAL NUMBER	% FEMALE	% MALE
Board of Directors¹	9	33	67
Executive Leadership Team	12	17	83
Senior Leadership Team	230	30	70
All employees	2,970	51	49

Per LivaNova’s EEO-1 Employer Information Report, which relates to the U.S. employee population, as of December 31, 2023, approximately²:

63% of U.S. employees identified as Caucasian
14% identified as Hispanic or Latino
12% identified as Asian, Native Hawaiian or other Pacific Islander, or American Indian or Alaska Native
7% identified as Black or African American
2% identified as two or more races

Diverse group of business people that are all sitting around a table in a conference room

LivaNova’s strategy for accelerating diversity begins with creating new ways to find extraordinary talent. Examples of the Company’s efforts include networking with historically black colleges and universities, posting job listings on diverse sites, ensuring diversity-focused interview panels, and training interviewers on how to conduct a fair, unbiased interview process.

In addition, LivaNova supports internal diversity affinity initiatives, including the Global Women’s Network which consists of female employees across the globe that convene to discuss topics that unite and celebrate the strength of diversity in the workplace. Similarly, the LivaNova Women’s Network, a mentorship program created by women and for women, facilitates pairings between mentors and mentees in the US and Latin America. Topics range from career and financial advice to performance management and connection to the Company’s strategy. These programs provide members with new perspectives, more personalized development, and an opportunity to network with other women across the organization.

Health and Safety

LivaNova is committed to the safety and well-being of employees. The Company relies on environmental, health and safety management systems as well as senior leadership and Health & Safety specialists to oversee and ensure health and safety at each site and to create awareness that fosters a safe workplace culture.

Additionally, all employees have access to an Employee Assistance Program (EAP), offering confidential support and resources to help address personal or work-related challenges. Specifically for U.S. employees, LivaNova offers participation in the Company’s “Bright Futures” wellness program which offers engaging health challenges, personalized wellness plans and support that focuses on enhancing physical health and mental well-being.

Planet

Our environmental commitment runs from product design through manufacturing and end-of-use disposal and recycling.

Planet Impact

Products

Quality and safety are key to developing innovative products that work in partnership with and improve life.

Products Impact

People

Cultivating Talent to Meet Patient Needs

Cultivating Talent to Meet Patient Needs

What We Are Doing

Employee Engagement

Compensation and Benefits

Performance Management, Leadership Development and Professional Training

Diversity, Equity, and Inclusion

Health and Safety

Employee Engagement

Compensation and Benefits

Performance Management, Leadership Development and Professional Training

Diversity, Equity, and Inclusion

Health and Safety

Other Sustainability Focus Areas

Planet

Products

Corporate Governance