Giving Back 2020

Our Values in Action

Table of Contents

Mission and Values 2

CEO Message 3

Our Portfolio Companies 6

Our Colleagues 12

American Securities Foundation 18

2020 Giving Back Day 22

Giving Back Days Through the Years 26

Breadth of Activities 36

GIVING BACK 1 Our Mission

Generate superior returns by making investments in great businesses and helping management better them.

Our Va lues

We maintain the highest personal and corporate ethics through honesty and fair dealing.

We are dedicated to a true partnership with our management teams, our colleagues, our investors, and all others who help us achieve our mission.

We aim to be respectful in all of our interactions.

Our focus is always on the long-term best interests of the companies and investors we serve.

We are committed to fostering an inclusive environment that promotes and values diversity.

We seek to continuously build human capital.

Our success is grounded in hard work and rigorous analysis.

We enjoy our work and the relationships that come from it.

We hope to make the world a better place by giving back to the communities in which we live and work.

2 AMERICAN SECURITIES CEO Message

Our Values are a credo by which we express the type of Firm and people we hope to be. Each individual value is important and expressed in many different ways. This report profiles how our colleagues and the companies with which we partner demonstrate our Giving Back value: “We hope to make the world a better place by giving back to the communities in which we live and work.”

COVID-19 had a profound impact on Respect for Diversity, Equity, and the global community in 2020. While Inclusion (DEI) has long underpinned Partnership, Relationships, and Hard our Giving Back value. The original Work are Values we seek to embody investors in American Securities were in our day-to-day efforts, and all the heirs of Julius Rosenwald, who were critical as we managed through was the primary owner and President the early days of the pandemic, they of Sears Roebuck in the early 1900s. also enabled our colleagues and our Julius was an early proponent of portfolio companies to contribute to “giving while you live” and dedicated the universal effort to overcome this the majority of his fortune to charity. pandemic’s challenge. He firmly believed that the racial divide in the United States could The examples contained herein of not be mended unless those with individual and Firm contributions to privilege worked in partnership with the fight against COVID-19 highlight marginalized communities to further only a small portion of the volunteer their progress. Since 2018, we have commitments and philanthropic worked alongside DEI consultants to activities that the greater American implement internal trainings, revamp Securities family undertakes in an external recruiting and internal effort to make the world a better place. review processes, and partner with The companies in which American organizations like SEO, Toigo, and Out Securities’ funds have had the privilege Leadership, among other initiatives. to invest also live this value through We continue to develop actionable DEI their numerous undertakings. goals at the beginning of each year and

GIVING BACK 3 believe strongly that these efforts are in 2020, our Shanghai colleagues were maintained and sustained only through able to maintain the tradition while our continuous focus and development. colleagues in the United States found In turn, we formalized Diversity as our other ways to contribute their time to ninth value in June: “We are committed valuable causes. to fostering an inclusive environment that promotes and values diversity.” Since 2017, American Securities has supported a grassroots organization In the spirit of helping others, we providing educational and medical elected to make our annual holiday services to Syrian refugee children contribution to the West Side in Lebanon. Included in this book is Campaign Against Hunger (WSCAH), a profile of the fourth project that which alleviates hunger by ensuring we funded in partnership with that all New Yorkers have access with Refugee Protection International dignity to a choice of healthy food (RPI) and Multi Aid Programs (MAPs) and supportive systems. WSCAH has to support the education of Syrian been at the forefront of innovation refugees in Lebanon. for 40 years, developing the first customer-choice supermarket-style This year has been challenging and pantry in the United States in 1993, unique, but individual and collective which became the model for other actions to help the global community programs across the country. Due to have been inspiring. I hope that you the effects of the COVID-19 pandemic, share our pride in reading this book more than 50 million people may and that each of us will further dedicate have experienced food insecurity in personal time and treasure in service to the United States in 2020, including a others in 2021. potential 17 million children. Since 2017, American Securities colleagues have Sincerely, volunteered and connected further with WSCAH through annual Giving Back Days in New York. We are proud to contribute to this long-time partner Michael G. Fisch addressing a critical need within our Founder & CEO local community.

While COVID-19 precluded our annual Giving Back Days in the United States

4 AMERICAN SECURITIES GIVING BACK 5 Our Portfolio Companies

The companies in which we have invested share many of American Securities’ values, including Giving Back, and their activities are inspiring. This year, we profile Air Methods, Amentum, BELFOR, Chromaflo, CPM, Emerald, GTL, MW Industries, North American Partners in Anesthesia, and United PF, all of which sought to do their part in easing the burden of COVID-19 within the communities they serve.

Air Methods and North American Partners in Anesthesia

Air Methods is the largest domestic air ventilator medical transport provider, with 4,500 shortages team members delivering lifesaving care were a major to more than 70,000 people every year. concern. North American Partners in Anesthesia Leveraging (NAPA) is one of the nation’s leading their unique single-specialty anesthesia and positions within the health ecosystem, perioperative management companies, and upon learning of these shortages, serving more than 3 million patients Air Methods clinical teams from air annually in more than 500 healthcare medical bases across the country facilities nationwide. quickly collected 34 portable, critical- care ventilators and shipped them to At the peak of the first wave of the New York, where NAPA delivered them pandemic in New York City in the to a large New York health system. spring of 2020, hospital capacity and

6 AMERICAN SECURITIES “This was a fantastic team effort, from Methods for gathering the ventilators the support of our clinical leadership to support New York and encourage to our supply chain teammates getting others to source solutions to combat the ventilators quickly out the door this global crisis and follow the for delivery to those patients most in example set by Air Methods.” need,” said Air Methods CEO JaeLynn Williams. “And working with NAPA As the pandemic persists, Air Methods was just another example of how this and NAPA continue to lend a hand on country and the medical community the front lines. Air Methods repurposed have worked together to fulfill our teams focused on car accidents and mission of caring for and protecting other emergencies to assist in Imperial our patients.” County, California. Imperial County is a rural and impoverished region in Air Methods operates more than 275 Southern California with a population bases serving 48 states, where its of about 180,000 people and had aircraft function as flying intensive care been a COVID-19 hotspot. At one units around the clock. point, the county was averaging about 900 infections per 100,000 people, “During times of crises, we all must compared with 371 in Los Angeles think outside the box and pursue County during the same two-week every opportunity and relationship period. NAPA employees volunteered to support our communities and our to create COVID-19 intubation and PPE country,” said John F. Di Capua, MD, kits, raised their own funds to provide CEO of NAPA. “We are proud to have PPE to partner hospitals, and traveled partnered with Air Methods as both across the country to provide support our companies played an expanded at locations most in need. role in the fight against the COVID-19 pandemic. We are grateful to Air

GIVING BACK 7 GTL

GTL is a leader in transformative all we can to help corrections technology that improves prepare individuals outcomes for inmates and facilities. to reenter society GTL offers innovative product solutions and build toward a successful life including offender management after release,” said Deb Alderson, GTL systems, case management systems, President & CEO. “We understand the and inmate phone and tablet systems. importance of communication and also recognize the barriers that lower- At the onset of the pandemic, GTL income and fixed-income families face and more than 400 of its correctional when a loved one is incarcerated.” facility customers implemented changes to inmate communications In September 2020, GTL expanded the practices and rates to ensure that permanent program to cover those in inmates were still able to connect with county jails. GTL’s free communication loved ones during the suspension of program reaches one out of every two in-person visitation. During this time, incarcerated people in the United States GTL (i) provided more than 14 million and the company continues to seek free calls in March and April 2020, (ii) ways to use its products to increase provided more than 5 million minutes of communication in ways that benefit all free video visitation in March and April of the company’s stakeholders. 2020, and (iii) committed to provide over 2 million free messages in March “We will continue to listen to the and April 2020. After continuing the concerns of incarcerated individuals free call and video visitation program and their families, improving the ways for several months and providing 22 in which we can expand our support million calls, 2.5 million messages, and and increase connectivity,” said 6 million minutes of video visitation, Matthew Caesar, GTL Executive Vice all free of charge, GTL made the free President, Customer Solutions. “At weekly communication program GTL, providing connectivity regardless permanent at state facilities in August. of financial situation is an important milestone on our journey to improve “Our mission at GTL is to facilitate outcomes for both incarcerated impactful communications and to do individuals and correctional facilities.”

8 AMERICAN SECURITIES United PF

United PF is the largest developer programs, day and operator of fitness clubs under cares, food the Planet Fitness brand, with 170 pantries, USPS, clubs in 14 states. As a contributor to UPS, and more. physical wellness, United PF rallied to The results included 1,100 pizza support frontline workers and local donations, along with water and other organizations fighting to keep the snacks, as well as $16,000 donated communities they serve safe and in to 111 local frontline workers and good health. organizations in May.

Unlike traditional gyms, Planet Fitness “At Planet Fitness, we want our club has long believed that fitness can be to be a space for members to feel not fun, realistic, and judgement free. To only comfortable, but have fun while give back to the local community in embarking on their fitness journeys,” an enjoyable and unexpected way, said Trey Owen, President and CEO club managers, district managers, and of United PF. “Bringing pizza, snacks, regional directors took the lead and and unexpected donations to the established unique initiatives – across local community to say thank you 119 participating clubs – that benefited was a small action for us to take, and medical centers, hospitals, emergency seeing the look on their faces was rooms, EMS staff, police and fire an honor and bright spot during an departments, Boys & Girls Clubs, Big unprecedented time.” Brothers, Big Sisters, youth service

GIVING BACK 9 Amentum

Amentum is a leading contractor to the D.C. region, United States federal government and Washington, South select allied national governments. Carolina, and New Mexico, donations to food banks helped In partnership with its joint ventures, alleviate critical needs and provide the company donated $200,000 and tens of thousands of meals for local equipment to local organizations in the families. Communities surrounding the communities where Amentum works company’s Savannah River Site also to meet immediate needs related benefitted from PPE donations and to COVID-19. In key locations such an Amentum-led blood drive, which as Texas, Nevada, the Washington, collected 166 pints.

BELFOR

BELFOR is a leading global cleaning services provider of damage recovery and or responding to restoration services. any number of natural or man-made disasters, our The company participated in numerous team remains committed to restoring sanitation and other COVID-19 more than property. I am so proud of efforts, including cleaning hospitals our dedicated team members who and schools, as well as disinfecting work hard each and every day to help cruise ships, firefighting vehicles and rebuild communities, restore properties, equipment, and Major League Soccer’s and, most of all, give hope to those in “MLS is Back Tournament” bubble. their time of need,” said Sheldon Yellen, “Whether it’s providing COVID-19 CEO of BELFOR.

Chromaflo

Chromaflo is a leading independent customers and global supplier of colorant systems, local businesses, chemical, and pigment dispersions. Chromaflo subsequently pursued and received In late March 2020, the company FDA approval and began producing undertook the protocols to produce ChromaSafe™ Hand Sanitizer for hand sanitizer for sites, employees, distribution. and their families. Given interest from

10 AMERICAN SECURITIES CPM

CPM is a leading global supplier of gowns, masks, and of engineered process equipment other PPE for the to the animal feed, oilseed healthcare industry processing, extrusion, and thermal across the globe, processing markets. including the United States, Canada, Germany, and Singapore. The company manufactured equipment used to support expanded production

Emerald

Emerald is a leading manufacturer and as hand sanitizer, marketer of specialty chemicals for face masks, and consumer and industrial markets. protective gloves to local care homes. In addition, the Various Emerald offices donated company supported a variety of germ-resistant overalls, safety glasses, community action programs, shelters, veterinary gloves, and disinfectant gels food drives, and initiatives to provide to The American Red Cross, as well holiday gifts to children in need.

MW Industries

MW Industries is a leading provider components of precision components to a diverse for air filtration, range of sectors including life sciences, medical imaging, aerospace, electronics, and energy. and x-ray systems. MW Industries has also been a source The company increased manufacturing of springs for ventilator-related R&D of parts for ventilators, providing initiatives. In addition, the company support to dozens of medical OEMs 3D-printed masks to address a and contract manufacturers in efforts shortage at a Connecticut hospital. to expedite production, as well as

GIVING BACK 11 12 AMERICAN SECURITIES Our Colleagues

At American Securities, our involvement in charitable organizations extends beyond the Firm’s annual Giving Back Days and monetary donations. Many of our colleagues choose to volunteer their time at numerous charitable organizations. This year, Chris Lloyd and Ee-Ping Ong (and his son Zachary) share their personal experiences creating non-profit organizations to contribute to the fight against COVID-19.

GIVING BACK 13 Chris Lloyd

Chris Lloyd, who joined American Securities in 2018, is a Senior Associate on the Investment Team. After recovering from COVID-19 early on in its spread within the United States and donating plasma, he was inspired to make a difference amidst the global pandemic. In early May 2020, Chris founded Give Liquid Gold, a non-profit organization dedicated to promoting plasma donations from recovered patients. American Securities colleagues provided their expertise on website layout, strategy, and marketing practices, as well as financial support alongside the American Securities Foundation, to support Chris in his efforts.

After recovering from to be eligible to donate, Chris became the COVID-19, Chris came first convalescent plasma donor in his home across research being state of Utah. Reflecting on his decision to developed around the begin regularly donating plasma, Chris said, use of antibodies found “The chance to possibly make a difference in the plasma of recovered COVID-19 patients for others suffering from the virus and help (convalescent plasma) to both treat patients researchers develop potential treatments, suffering from the disease, as well as develop especially in a time of strict social isolation, pharmaceuticals to prevent and combat was tremendously inspiring and spurred me the virus. Upon ensuring he met the criteria to start donating plasma.”

14 AMERICAN SECURITIES After a number of plasma donations and and had experienced the pain point as plasma discussions with medical professionals and donors, and felt that this platform was the pharmaceutical experts, Chris realized that, missing piece to bring recovered patients despite the overwhelming need among and charitable donors together to fight this physicians and pharmaceutical manufacturers devastating disease.” for the antibodies found in the plasma of recovered patients, there was limited After discussions with doctors leading the awareness and incentive for recovered convalescent plasma initiative across the patients to donate blood, contribute to efforts country, Give Liquid Gold decided to make to fight the disease, and help researchers the Mayo Clinic its primary beneficiary. The develop potential treatments. Doctors Mayo Clinic, headquartered in Rochester, spearheading antibody and convalescent Minnesota, is the lead institution in a plasma research knew that the key to national collaboration among industry, developing effective treatments and vaccines academic, and government partners that is would be sourcing plasma donations. When dedicated to providing coordinated access asked in May 2020 what the largest need to investigational convalescent plasma for in the research process was, Dr. Michael hospitalized patients with severe or life- J. Joyner, head physician and principal threatening COVID-19, or those at high risk investigator of the United States COVID of progression to severe or life-threatening Plasma Initiative, said, “Grow the donor pool. disease. This national effort serves two Matching donors with those who need help primary purposes: furthering research around recovering is a message of hope for a disease immunoglobulin (antibody) therapies and with no present cure.” supporting expanded COVID-19 testing. “Working with the Mayo Clinic has been In light of this need conveyed by the medical incredibly eye-opening and inspiring. It is a community, Chris built Give Liquid Gold, great feeling to know that our platform is a web platform, social media presence, supporting dedicated physicians, scientists, and marketing channel that highlights key researchers, and patients, who are working research developments on the uses of tirelessly to change the outcome of this convalescent plasma and provides resources pandemic,” said Chris. for recovered patients who are interested in donating plasma themselves, including Give Liquid Gold continues to source plasma information on various donation alternatives donations, provide prospective donors with and the donation process. The organization key information about donating convalescent connects those who have recovered from plasma, and support the Mayo Clinic in its the virus with their nearest plasma donation efforts to effect change in the outcome of centers (both humanitarian blood banks and the pandemic. Chris says, “We have had so pharmaceutical supply chains) and offers much help on this journey and it has been to make a donation of $200 to COVID-19 incredibly gratifying to see people from all research for every plasma donation recorded over the country with different backgrounds on the site. This dual-pronged approach and experiences come together to lend their increases the incentive for eligible donors expertise to support this effort.” to donate plasma, as the benefit of their donation is amplified as they simultaneously unlock vital funding for COVID-19 research. Give Liquid Gold According to Chris, “My wife, Ali, and I saw www.giveliquidgold.com the need from researchers and physicians,

GIVING BACK 15 Ee-Ping & Zachary Ong

Ee-Ping Ong, who joined American Securities in 2007, is a Managing Director in the Resources Group and China Country Head. As COVID-19-related quarantines turned many homes into workplaces and schools, Ee-Ping’s son, Zachary, saw an opportunity to collaborate with family to protect others while encouraging them to come together safely via his passion, golf, at a time when community has proven so important.

16 AMERICAN SECURITIES As colleagues at July 2020, where Zachary also finished in third American Securities place at the tournament. and across the globe adapted to working Through social media accounts and the from home, Zachary We’Ar Together website, Zachary has sourced Ong, a 15-year-old materials, raised funds, provided educational high schooler and resources, and recruited help from his peers. competitive golfer, “We hope to expand to provide all the players was quick to demonstrate that the Giving with protection. We know the AJGA’s social Back value can be a family affair. As COVID-19 distancing measures will help, but these surfaced in the United States, Zachary decided PPE kits can also help protect people,” said he wanted to do his part to contribute to Zachary. efforts to combat the disease. Together, the Ong family established We’Ar Together, a When progress toward vaccines became non-profit dedicated to making an impact by clear late in 2020, We’Ar Together decided providing sterile PPE kits to the junior golf to leverage its platform and momentum to community and others in need. partner in a fundraising effort on behalf of the AJGA’s Academic Competitive Excellence “During quarantine, my family and I were (ACE) Grant in addition to pursuing its second reading a lot of heart-touching stories about phase PPE fundraising goal. The ACE Grant the pandemic and how it affected so many provides financial assistance to young men people. It really affected me reading about and women who aspire to earn a college golf how so many people couldn’t access what they scholarship through competitive junior golf. needed to stay safe. We felt like we had an opportunity to make an impact and help other Ee-Ping has seen the educational value this people,” said Zachary. effort and experience have had for Zachary, saying, “Life doesn’t revolve around academics Zachary was able to leverage the American and golf. He will have an opportunity to help Securities Shanghai office’s supplier contacts others, some great goals, and a mission we can to produce samples and an initial batch of all hope for – to work together.” PPE kits to jumpstart his initiative. From there, We’Ar Together independently sourced high quality PPE at a reasonable price and assembled kits that included masks, hand sanitizer, and disposable gloves. His initial goal was to raise $12,000 and distribute 3,000 kits to the American Junior Golf Association (AJGA) to be used by volunteers and staff members at 2020 tournaments. Upon achieving this initial goal, he entered the second phase of his project, with plans to raise an additional $30,000 and provide one-time use kits for all AJGA events in 2021.

Zachary’s first set of kits was donated to the Harold Varner III Foundation All-Star We’Ar Together tournament in June 2020. This was followed by www.weartogether.net a donation to the AJGA Junior at Penn State in

GIVING BACK 17 18 AMERICAN SECURITIES American Securities Foundation

In 2020, the American Securities Foundation continued to support on-the-ground relief efforts for those affected by the Syrian civil war. Ongoing since 2011, the Syrian civil war has caused 6.6 million people to flee Syria according to The UN Refugee Agency. Including Syrians that have been displaced from their homes but remain within the country’s borders, more than 13.4 million Syrians have been forcibly displaced. We extended our partnership, which began in 2017, with Refugee Protection International (RPI) and Multi Aid Programs (MAPs) to support the education of Syrian refugees in Lebanon.

Amid a global displacement crisis of non-profit that aims to unprecedented scale, RPI offers donors develop the capacity a cost-effective and strategic model of of individuals to create humanitarian aid. It is light on overhead, strong good, dignified societies on programming, and supportive of local by promoting the best relief capacity. RPI identifies protection and of human knowledge, self-reliance gaps facing the most vulnerable understanding, and refugees and internally displaced persons values. Since its inception (IDPs) near conflict zones. In collaboration with in 2013, the organization has met over grassroots non-profits in the Middle East, RPI 565,000 humanitarian needs among Syrian co-designs and supports projects implemented refugees and locals in Lebanon related to in education, housing, documentation, non-formal education, health care, continuing psychosocial support, and access to urgent education, community service, and relief and safe medical care. RPI provides its items. MAPs has distinguished itself among partners with technical assistance, logistical other NGOs through the breadth and quality support with sourcing and packing equipment of its humanitarian services in education, and supplies, project grants, and monitoring. health, relief, training, and capacity building. To date, RPI and its refugee-led partners have assisted nearly 330,000 refugees, IDPs, In the 2016–2017 school year, American and locals in Syria, Turkey, and Lebanon, and Securities funded a collaboration between addressed over 340,000 humanitarian needs RPI and MAPs to educate refugee children at for shelter, protection and self-reliance, and the Al-Amal Teaching Center in the Al-Awda education and health. settlement located in the Bekaa Valley. We funded half a scholastic year of teacher salaries MAPs, based in Lebanon, is a grassroots and benefits, books and school uniforms,

GIVING BACK 19 20 AMERICAN SECURITIES student activities, transportation, and other In total, 510 Syrian refugee children benefitted administrative and operational expenses, from in-class non-formal primary education including water, electricity, and maintenance. at the three American Securities-supported In the 2017–2018 school year, we expanded schools through mid-March, after which 450 the program to cover part of the teacher transitioned to distance learning. Education salaries and books at four additional Al-Amal efforts for approximately 2,700 teachers and educational centers, including the Aidoun, student family members on the importance Nawerni, Aarsal 3, and Saadnayel teaching of distance education and how to support centers in Lebanon. In the 2018–2019 school students during remote learning were year, we continued our initiatives to fund three also implemented. Before the transition to Al-Amal educational centers, including Al remote learning, a pilot group of parents was Faour, Marj, and Sawasia. In the 2019–2020 included in new theater-based psychosocial school year, American Securities funded support sessions for primary school students further development efforts at the Al-Rahma, to encourage parental empathy, stress Arsal 3, and Sawasia education centers. management, and positive parenting when Initial plans to prepare for future capacity facing the understandable stressors of building for children with disabilities had to be displacement, COVID-19, and the economic postponed to address challenges presented crisis. This positive parenting work aimed at by COVID-19, though RPI and MAPs remain improving child protection was a new element committed to making progress for the benefit spurred by discussions between RPI and MAPs. of children with disabilities in future years. The following are personal impact stories The pandemic led the Lebanese government from some of the children supported by this to suspend all social activities and gatherings, year’s efforts: including in-person education. Demonstrator roadblocks in Lebanon, as well as the effects of • Khalil is an 8-year-old boy who began the the Beirut port explosion on Lebanon’s overall year at the Sawasia education center. During ability to mitigate COVID-19, presented further in-person learning, he expressed disinterest difficulties. For the general safety of students in education and his initial evaluation score and employees working in the education was near the lower range of acceptable. program, the RPI and MAPs education After the closure of schools, and with the project transitioned from in-class education support of his family, Khalil’s appreciation to distance education following the initial for education was renewed and he began COVID-19 lockdown in March 2020. In support to excel and participate actively in distance of this transition, a distance education plan was learning lessons. His handwriting and developed through workshops that brought commitment to homework helped him together all staff in the education program. establish himself as a distinguished student. Teachers were trained on how to facilitate distance education with the support of open- • Ruqayya is a 10-year-old girl who began source materials on the online platform, Edrak. the year at the Arsal 3 education center. A summer distance learning phase was also An eager student from the outset, Ruqayya introduced to compensate for educational has been enrolled at Arsal 3 since she was hours lost during the regular school year as 6 years old and has expressed a love for a result of COVID-19. In addition, RPI helped science. While being separated from her MAPs co-design and fundraise for an urgent teachers and friends presented a challenge, project implemented in the spring of 2020 to Ruqayya managed to maintain academic and bring hygiene kits, on-site symptom screening behavioral excellence, all while learning from and exams, and COVID-19 guidance to all home in a small tent with her family. Ruqayya nine MAPs school communities, including the also found ways to express herself through three supported by the American Securities drawing and poetry. Distance learning has Foundation this school year. not tempered her desire to become a teacher when she grows up.

GIVING BACK 21 22 AMERICAN SECURITIES 2020 Giving Back Days

As with many other cherished traditions, our New York colleagues were unfortunately unable to participate in our annual Giving Back Days this year due to COVID-19. However, we continue to maintain strong ties to Grace Institute and West Side Campaign Against Hunger (WSCAH).

In October, American Securities lectures, question and answer sessions, supported the virtually-held Breakfast and team-based breakout groups. with Grace, which honors individuals and organizations that have made In November, American Securities a substantial positive impact on raised funds to support WSCAH women in order to raise awareness. and cover the cost of a complete Grace Institute’s efforts to help low- Thanksgiving meal for almost 700 income women from disenfranchised families in need at a time when food communities in all five boroughs of insecurity is a reality for an increasing New York City train for living wage number of families. employment that changes their lives, and that of their families, is In China, our colleagues made the particularly important in light of the most of their Work From Home disproportionate impact of COVID-19 time, procuring and distributing PPE on women of color, who comprise to American Securities portfolio approximately 85 percent of Grace companies early in the pandemic. Institute participants. Due to COVID-19, As the pandemic subsided locally, and in continuing to drive its mission our colleagues donated necessities forward, Grace Institute pivoted to an to school children in need in the online approach, establishing virtual remote village of Xiaohe in the programs for aspiring administration province of Guizhou and later visited professionals and patient service the school children. representatives that offer daily live

GIVING BACK 23 24 AMERICAN SECURITIES Giving Back Day – Shanghai

As COVID-19 spread globally, our members of the Resources Group and colleagues in the Shanghai office rose Firm Operations colleagues. to the occasion by assembling an emergency response team to quickly The China office expanded upon their source and deliver PPE. efforts as the pandemic subsided locally by donating necessities to In February and March, the Shanghai school children in need in the remote employees focused their attention village of Xiaohe in the province on the COVID-19 outbreak in China. of Guizhou. Students received While working from home, they were schoolbags, books, and tuition aid. able to procure and distribute masks Guizhou is one of the least developed to portfolio companies with offices provinces of China and is inhabited in China. As the pandemic spread to mainly by the minority Miao ethnic the United States, they shifted their group. The area struggles financially, focus to supplying much needed PPE and the village has only one primary to United States-based employees at school to educate over 300 students, portfolio companies well into June. who then must travel to a different The China operational team screened county for middle and high school. vendors, conducted quality checks, placed orders, managed inventory, The China team traveled to Xiaohe and developed logistical solutions for on November 7th to meet with local each order. In some cases, materials children and offer support to their were even repackaged and mailed school. Upon arrival, the American by individual American Securities Securities team was greeted warmly employees in China to better monitor by the local villagers in traditional the distribution of critical PPE. Miao costumes and went on to meet with the village head and community This joint effort, which provided leaders. A donation ceremony was 230,000 units of PPE in total to held during which the team enjoyed approximately half of the current interacting with local students. portfolio, was conducted with help from across the Firm, in particular

GIVING BACK 25 Giving Back Days Through the Years

Our annual Giving Back Days originated in 2008 when our Shanghai office colleagues dedicated time and resources to help victims of the Sichuan earthquake zone. In 2009, we expanded the concept to New York. Each year, these events afford American Securities colleagues the opportunity to give back to our communities and help others in need.

2008 2009 Earthquake-Devastated Science Workshop with School, China Students, New York In 2008, a 7.9 magnitude earthquake We held a science workshop for children at struck the Sichuan province of China, the Tony Dapolito Recreation Center in New killing an estimated 68,000 people and York City. The workshop taught the children destroying numerous buildings. We how to use microscopes, which would then be helped rebuild the Shui Middle School, used for an ongoing science project. which was devastated by the earthquake.

26 AMERICAN SECURITIES 2009 2009 Photography Activity Brooklyn Animal Rescue with Children, New York Center, New York We volunteered with a group of children At Brooklyn Animal Rescue Center (BARC), a from New Settlement Apartments. We took no-kill animal shelter in Brooklyn, volunteers the children on a tour of the International walked dogs, cleaned cages and socialized Center for Photography, followed by a with the dogs. digital photography workshop.

2009 2009 Yorkville Common Children’s Day Pantry, New York Celebration, China Yorkville Common Pantry, now known Children’s Day, an annual celebration held as New York Common Pantry, is one on various days by many countries around of New York City’s largest single-site the world, recognizes that children are community-based food pantries. We a nation’s future. We volunteered with helped sort, package, and distribute the ZhenHua Labor Dependent School to groceries to clients of the pantry. assist with the celebration.

GIVING BACK 27 2010 2011 Queens Kindergarten, St. John’s Bread New York & Life, New York When a new public school in Queens St. John’s Bread & Life, located in Brooklyn, was scheduled to open in the fall, we serves nearly 3,000 meals a day. We prepared volunteered to help ready the school for and served food, helping feed more than 300 the students. We painted classrooms, families. In addition, we organized and packed built furniture, and created decorative supplies to help St. John’s prepare for their alphabet murals. annual holiday program.

2011 2012 ZhenHua Labor St. John’s Bread & Life, Dependent School New York Library, China We returned to St. John’s Bread & Life to organize the food pantry and then prepared We donated an overhead projector and served lunches for the hungry. and spent a day classifying books for the ZhenHua Labor Dependent School library.

28 AMERICAN SECURITIES 2012 2012 Yorkville Common Sunnyside Community Pantry, New York Services, New York We returned to Yorkville Common SCS is a community-based organization Pantry, now known as New York serving approximately 14,000 children, youth, Common Pantry, to help sort, package, adults, and seniors each year. We helped and distribute groceries. students build Rube Goldberg Machines, which are devices that complete a simple task in indirect, convoluted ways.

2012 2012 Carter Burden Center for East River Park, the Aging, New York New York We volunteered with the Carter Burden Our full New York team met at the East River Center for the Aging, which promotes the Park to volunteer with the Lower East Side well-being of senior citizens through direct Ecology Center. Equipped with shovels, rakes social services and volunteer programs. and gardening tools, we weeded, planted, and We set out on foot to deliver more than mulched throughout the park. 100 meals to home-bound seniors.

GIVING BACK 29 2012 2013 Shanghai Children’s Concourse Village Elementary Medical Center, China School, New York We helped renovate a children’s We volunteered at Concourse Village playroom at the SCMC Heart Center by Elementary School in the South Bronx, providing painting the room and assembling new, upkeep and a colorful touch before it opened for eco-friendly furniture. Nearly 2,500 the 2013–2014 school year. children receive lifesaving heart surgery every year at SCMC.

2013 2014 Shanghai United Grace Institute, Walkathon, China New York We organized a team to take part in Leveraging our business experience, we spent the Shanghai United Walkathon – A the day with the students of Grace Institute Charity Walk for Kids. We walked up focused on building relationships and careers. to 50 kilometers and raised money Grace Institute serves as a leader in workforce for non-governmental programs for development for women. children in China.

30 AMERICAN SECURITIES 2014 2015 Best Friends China, Grace Institute, China New York We raised funds and awareness for We returned to Grace Institute and spent the volunteer-run Best Friends China to day helping graduating students prepare for support adoption and responsible pet rejoining the workforce. ownership.

2015 2016 QingCongquan Grace Institute, Training Center, China New York We volunteered at the center’s annual We returned for the third time to Grace outing for children with autism and Institute and participated in professional their families. development activities with the incoming class of women.

GIVING BACK 31 2016 2017 QingCongquan Training Grace Institute, Center, China New York We deepened our relationship with the We returned for the fourth time to Grace QingCongquan Training Center by Institute to support the career growth and helping set up and decorate their new development of women seeking to achieve Nanxiang branch. employment and economic self-sufficiency.

2017 2017 West Side Campaign QingCongquan Training Against Hunger, New York Center, China We volunteered by helping to organize We continued our partnership for the third and clean up the West Side Campaign consecutive year with the QingCongquan Against Hunger’s food pantry and Training Center by participating in their annual social hall. outing for children with special needs.

32 AMERICAN SECURITIES 2018 2018 Grace Institute, West Side Campaign New York Against Hunger, New York We returned for the fifth time to Grace We returned for the second time to WSCAH to Institute to support the career growth help to organize and clean up the West Side and development of women seeking to Campaign Against Hunger’s food pantry and achieve employment and economic self- social hall. sufficiency.

2018 2019 Fudan University Shanghai Grace Institute, Cancer Center, China New York We partnered with the Shanghai Cancer We returned for the sixth time to Grace Center to organize events designed to Institute to cultivate digital networking raise awareness about colorectal cancer and interview skillsets of unemployed and prevention and treatment. underemployed women seeking to achieve employment and economic self-sufficiency.

GIVING BACK 33 2019 2019 West Side Campaign Fudan University Shanghai Against Hunger, New York Cancer Center, China We returned for the third time to WSCAH to We partnered for the second time with the help to organize and clean up the West Side Shanghai Cancer Center to sponsor free cancer Campaign Against Hunger’s food pantry screenings and organize events designed and social hall. to raise awareness about colorectal cancer prevention and treatment.

34 AMERICAN SECURITIES GIVING BACK 35 Breadth of Activities

In 2020, American Securities colleagues contributed to more than 309 different non-profit organizations. As indicated in the list below, in addition to their financial contributions, American Securities colleagues volunteer generous amounts of time and expend significant effort to many non-profit organizations.

The American Securities Foundation offers two programs to encourage charitable contributions from colleagues:

The Giving Back Grant allows each administrative colleague to channel $500 from the Foundation to charities of their choice.

Through the Matching Grant Program, American Securities matches donations made by colleagues up to $5,000 per person.

36 AMERICAN SECURITIES 1162 Foundation* Best Friends Animal Society 52nd Street Project Big League Impact 92nd Street Y Black Girls Code ABT Crisis Relief Bluffton Self Help Actors Fund of America Bone Marrow and Cancer Foundation Advancement for Rural Kids Boston College Alagille Syndrome Alliance Bowery Mission All in Challenge Foundation Boys & Girls Club of North Mississippi Alzheimer’s Association Boys & Girls Clubs of Middle Tennessee Ambassadors for Sustained Health Brain Injury Alliance of New Jersey* American Cancer Society Breast Cancer Research Foundation American Civil Liberties Union Foundation Brick Presbyterian Church American Foundation for The Courtauld Bronxville School Foundation* Institute of Art BUILD* American Heart Association Bundles of Joy American Junior Golf Association* Cardigan Mountain School American National Red Cross Carlsbad Educational Foundation Amherst College Carter Center Anguilla Progressive Association Cathedral School Answer the Call / New York Police & Fire Widows’ & Children’s Benefit Fund Central Park Conservancy Anti-Racism Fund Central Synagogue Arise Foundation America Challenged Athletes Foundation Arizona State University Foundation for a New Charity Global American University charity: water Art Council Chicago Rowing Foundation* Artists Association of Nantucket Chicken & Egg Pictures Atlantic Golf Club Foundation Child Mind Institute Auburn University Children’s Radio Foundation Bay Beagle Rescue Choate Rosemary Hall Baylor College of Medicine* Christ Episcopal Church Beat Nb Cancer Foundation Christopher & Dana Reeve Foundation Berkeley-Carroll Street School Church of Jesus Christ of Latter-Day Saints*

* Denotes an organization at which an American Securities colleague volunteers time.

GIVING BACK 37 Church of St. Joseph (Bronxville) Food Bank of Monmouth and Ocean Counties* Church of the Good Shepherd Memphis, TN* Food Bank of Western Massachusetts City Harvest Fordham University Citymeals-on-Wheels Frank Collins Caddie Scholarship Trust Clark University Freedom Institute Cleveland Clinic Friends of Grace Church School Brooklyn Heights Colon Cancer Foundation Friends of Independent Schools and Better Colorado Seminary Education Colorectal Cancer Alliance* Frontline Responders Fund Columbia Law School Frontline Wine by The Giving Back Fund Columbia University* Fudan University Shanghai Cancer Center* Common Sense Media Fund for a Better Waterfront Community House Fund for Park Avenue New York Compassion International Georgetown University Connecticut Food Bank Give Liquid Gold* Cornell University Good+Foundation Crespi Carmelite High School Goodwill Industries Crohn’s & Colitis Foundation* Grace Institute* Cycle for Survival Greater Washington Educational Dartmouth College* Telecommunications Association Deerfield Academy* Greenwich Country Day School DonorsChoose.org Greenwich Village Society for Historic Preservation DREAM Program* Hackensack Blue and Gold Foundation East Hampton Food Pantry Happy Hearts International Egan Maritime Institute Harlem Village Academies Eisner & Crane Lake Camps Harrison Food Pantry* Equal Justice Initiative Harrison Public Library Foundation Fairfield University Harvard Business School* Family Legacy Harvard University Family Promise of Essex County Haverford College Feeding America Hebrew Union College* First Presbyterian Church Herb It Forward Foundation Food Bank for New York City Hillel International*

38 AMERICAN SECURITIES Hinsdale Community Services Michigan State University Hispanic Federation Misericordia Home Historic Hudson Valley Mount Sinai Hospital* Hope for New York Move On Up Mississippi Horace Mann School Mt. Sinai Medical Center* HorseAbility* Muddy Paws Rescue Housing Works Multi Aid Programs Human Rights Watch Municipal Art Society of New York Icahn School of Medicine at Mount Sinai Musicant Family Brain Trust* I’m Able Foundation Myelodysplastic Syndromes Foundation iMentor* Myotonic Dystrophy Foundation Innocence Project NAACP Integrated Refugee & Immigrant Services NAACP Legal Defense and Educational Fund International Sports and Music Project* Nantucket Conservation Foundation Iona Preparatory School Nantucket Cottage Hospital JDRF International Nantucket Historical Association Johns Hopkins University National Alopecia Areata Foundation Kelberman Center National Independent Venue Association K’iin Beh School Sponsorship Program National Multiple Sclerosis Society Landfall Foundation National Ski Patrol System Lehigh University Natural Resources Defense Council Leukemia & Lymphoma Society Navy SEAL Foundation Lower Canada College* New Heights Youth Lower East Side Printshop New York and Presbyterian Hospital M191 PTA New York Botanical Garden Manhattan Country School New York City Mission Society Maria Mitchell Association New York Common Pantry Marshall Project New York Kicks Coronavirus Matthew Larson Foundation for Pediatric Brain New York Opportunity Network Tumors North Carolina Aquarium on Roanoke Island Memorial Sloan-Kettering Cancer Center North Carolina Coastal Federation Metavivor Research and Support Northwell Health Foundation*

* Denotes an organization at which an American Securities colleague volunteers time.

GIVING BACK 39 NY Historical Society Rett Syndrome Research Trust NYC Ballet Rippowam Cisqua School* NYU Langone Health Robert Toigo Foundation Occidental College Robin Hood Foundation Ohio State University Ronald McDonald House of New York Ohio State University’s Arthur G. James Roundabout Theatre Company Cancer Hospital and Richard J. Solove Research Institute RS Events for Life Ohio State University’s Honors Rye Arts Center Cohort Program* Rye Nature Center* Orphan Disease Pathway Project Saint Joseph Hill Academy Osborne Association Saving the Elephants Run Packer Collegiate Institute Say Yes to Education Palmetto Bluff Conservancy Scan-Harbor Pan Massachusetts Challenge Trust Scholars at Risk Park Avenue Synagogue Seagle Music Colony Parrish Art Museum SEO* Peoples Portfolio Sewickley Academy Phillips Academy Shower Power Planned Parenthood Federation of America Special Olympics of NJ Planned Parenthood of Greater New York St. Baldrick’s Foundation Police Unity Tour St. Bartholomew’s Episcopal Church NYC* Posse Foundation St. Ignatius College Prep Power on Heels Fund St. Isaac Jogues Church Prep for Prep St. John of the Cross Church Princeton Theological Seminary* St. Jude Children’s Research Hospital Princeton University St. Luke Church Project Say Something St. Margaret of Cortona School ReadAhead* St. Mary’s Church in Greenwich Rebel Venture Capital Fund* St. Timothy’s Episcopal Church Signal Reformed Church Nursery School Mountain, TN Refugee and Immigrant Center for Education Stanford University and Legal Services Stanford University Graduate School Refugee Protection International of Business* Regis High School State University of New York, Binghamton University

40 AMERICAN SECURITIES StreetWise Partners Vanderbilt University Student Mobilization Vanderbilt University Medical Center* Student Sponsor Partners* Verona Foundation for Educational Excellence Tel Aviv University Verona Together Temple Shaaray Tefila* Verona United Soccer Club* Third Option Foundation Vibrant Emotional Health Thurgood Marshall College Fund Village Preservation Society Tri Delta Sorority Warrior Canine Connection Tyler Robinson Foundation Washington University UJA-Federation of New York Waterwheel Foundation UNICEF We’Ar Together* United Jewish Appeal Wellness House United Jewish Appeal Metrowest West Side Campaign Against Hunger United States Holocaust Memorial Museum Westend Intergenerational Residences United Way of Alabama Wildlife Conservation Society University Community Social Services Wings Cancer Foundation University of Chicago Medical Center WNYC University of Chicago* Women’s Justice Initiative University of Cincinnati Foundation World Bicycle Relief University of Denver Yale University* University of Michigan* Young People’s Chorus of New York City University of Mississippi Foundation* Youth INC* University of Mississippi School of Business* Youth Renewal Fund University of Pennsylvania* YWCA University of Pennsylvania Center for the YWCA Greenwich Connecticut Preservation of Historic Civil Rights Sites* YWCA White Plains & Central Westchester University of Pennsylvania Weitzman School of Design* University of Pennsylvania, Wharton School* University of Scranton University of Virginia US Olympic and Paralympic Foundation* Usher 1F Collaborative

* Denotes an organization at which an American Securities colleague volunteers time.

GIVING BACK 41 NEW YORK SHANGHAI 590 Madison Avenue 288 South Shaanxi Road 38th Floor Two ICC, Suite 2808-2810 New York, New York 10022 Shanghai 200031, China

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