Teva

CASE STUDY Fostering Personal Benefits Worldwide with Lifestyle Spending Accounts (LSA) espresa.com

“Teva channels its passion and dedication towards enhancing health, underpinned by a culture that values the actions taken and the reasons behind them. Our core beliefs, encapsulated in our values, guide all our endeavors. Our dedication to the well-being of our employees is an extension of Beth Barrett our culture and values. By partnering with Espresa, Teva has efficiently Assoc. Director of Benefits introduced wellness LSAs to its workforce.” Teva Pharmaceutical Teva Pharmaceutical (NYSE: TEVA) is a leading multinational Israeli pharmaceuticals company, committed to providing access to high-quality medicine for disease management, infection control, and overall health improvement. For over a century, Teva has been at the forefront of delivering generic medicines to nearly 200 million people across six continents. The company invests millions of dollars daily in advancing science and biopharmaceutical treatments. Teva Pharmaceutical is leading the way in a constantly shifting environment. They also believe this happens through the compassionate and inclusive benefits they provide to their employees. THE CHALLENGE Managing a diverse workforce of 5,200 employees in the U.S. posed a unique challenge for Teva Pharmaceutical. They needed to develop a cohesive reimbursement that catered to the varied needs of their global employees while minimizing administrative strain on HR and finance teams. The solution required flexibility, user-friendliness, global relevance, and a mobile-first approach capable of handling adjudication in multiple languages and currencies. Teva Pharmaceutical aimed to find a comprehensive and scalable solution to efficiently manage operations across all countries and continents while providing a straightforward and modern platform to enhance employee engagement and experiences. Teva Pharmaceutical Case Study | Fostering Personal Benefits Worldwide with LSAs espresa.com

THE SOLUTION Teva Pharmaceutical partnered with Espresa to offer Lifestyle Eduardo Nasi Spending Accounts (LSAs) with a total well-being marketplace Sr. Director of Total Rewards offering discounts, including physical, financial, social, and Teva Pharmaceutical emotional health. With Espresa's comprehensive benefits and collaborative approach, Teva Pharmaceutical has implemented a tailored, scalable solution. “Being a global company has incredible challenges regarding HR and people operations. We need Espresa’s innovative design is ideal for enterprises like Teva personalization designed with employee-friendly Pharmaceutical, providing exceptional adaptability to evolving automation. Teva wants our employees to have customer needs. By addressing unmet needs, Espresa freedom of choice and relevant benefits wherever continuously innovates and develops solutions that enhance they are. Espresa delivers that.” workplaces everywhere. Redefining Innovation for Employees with Espresa LSAs Teva Pharmaceutical empowers individuals by harnessing exceptional HR and state-of-the-art technologies. Offering Espresa LSA well-being programs aimed at enriching and supporting the lives of its employees, Teva is staying true to its innovation for its clients, partners, and especially its people everywhere. Teva U.S. LSA Use, 2024 Financial 10.3% Four pillars of wellness Social + Physical 2.6% + Financial Emotional + Emotional 10.3% + Social 90% $300 USD LSA offered amount Member Satisfaction Launched January 2024 Score Access to funds + Reimbursement + Marketplace Physical 76.9% Teva Pharmaceutical Case Study | Fostering Personal Benefits Worldwide with LSAs espresa.com

A shared sense of purpose globally. With Teva Pharmaceutical's dedication to the cause of health "We don’t need more point solutions. everywhere, they continue to innovate value for their employees while creating the next level of respectful care, We need more benefits that support our including caring for their colleagues, creating a respectful, employees and say, ‘We care about what diverse, and inclusive working environment, and doing so with you care about.’ That’s why we’re exceptional integrity. working with Espresa. They care about what we care about. And our employees Espresa’s Lifestyle Spending Account (LSA) enhances the are happy about seeing themselves in overall well-being of Teva Pharmaceutical employees by their benefits.” catering to their personal benefit needs. This program offers - Beth Barrett Assoc. Director of Benefits reimbursements for various activities and purchases, Teva Pharmaceutical encouraging a healthier and more balanced lifestyle. Espresa is Powering Great Workplaces® with personal benefits people love. Driving global employee engagement programs, Espresa is inclusively available in all languages, time zones, and currencies. And, with Espresa LSA Plus™, companies can power flexibility and freedom of choice with integrated total well-being, recognition, and community in a single app. espresa.com