Telemundo/NBC UNIVERSO T&E Policy Addendum October 2015

Telemundo/NBC UNIVERSO

T&E Policy Addendum October 2015 Issuance Date

Table of Contents 1. Telemundo/NBC UNIVERSO T&E Policy Addendum 2. Telemundo/NBC UNIVERSO Method of Expenditure Guide 3. NBCU Travel and Entertainment Policy 4. High Cost Cities in the U.S.

NBCUniversal Confidential & Proprietary. Use pursuant to Company Policy.

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TRAVEL & ENTERTAINMENT POLICY ADDENDUM UPDATED OCTOBER 2015

This Policy applies to all Telemundo/NBC UNIVERSO employees engaged in business activities. This document is meant to further explain/refine certain elements of the NBCU T&E policy that are particular to Telemundo/NBC UNIVERSO. Any items not addressed specifically in this addendum, should be considered to follow the NBCU T&E policy. Separate guidance will be provided for Olympics & FIFA travel; this document is not intended to cover certain elements of Olympics & FIFA travel policies. Failure to comply with this policy may result in disciplinary action, up to and including termination of employment.

Reimbursement of Expenses

The Citibank Visa Corporate Card is the required method of payment for all NBCUniversal business- related travel and expenses for those who travel regularly (more than once a year). Staff employees who incur regular business-related expenses may apply for the Corporate Card. Approval is required from your manager. P-Cards shall not be used for any travel expenses for Telemundo/NBC UNIVERSO employees, unless approved prior to use. Any expenses over and above base room rate and taxes should not be included as part of any master bills (regardless if payment is by production budget, or T&E cards). Freelancers (production payroll) and interns must receive controllership approval to obtain Corporate Cards, where a business need exists, otherwise they may submit for reimbursement of justified expenses via Concur. Please visit http://travel.nbcuni.com/ for guidance on how to set up a Concur account for reimbursement. If an employee finds fraudulent activity on their card, he/she must call Citibank (at the number on the back of the card) and notify his/her manager immediately. Citibank will provide the necessary forms to report fraudulent charges – it is the employee’s responsibility to take all necessary steps to resolve fraudulent charges to his/her card. Fraud forms must be completed within 60 days.

General Definition of a Justified Expense

For any claimed business expense to be a justified Company expense, the following must be true: • It must be an expense incurred in the course of ordinary and necessary business activities performed on behalf of Telemundo/NBC UNIVERSO by an employee. • It must be a necessary expense. An expense is "necessary" if it is pertinent to Telemundo/NBC UNIVERSO's business and is distinguishable from a personal expenditure which does not benefit Telemundo/NBC UNIVERSO. • It cannot be a capital expenditure, such as an amount paid for computers, office equipment, or furniture. • It cannot be for labor of any kind (including hair stylists, make-up artists, etc). • The expense in question must be reasonable. • For guidelines governing specific expenses an employee may encounter, consult the remainder of this policy.

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Personal Expenses

Company credit cards are not to be used for personal expenses. If an employee inadvertently uses such a card for a personal expense, he/she must immediately notify his/her manager, promptly mark the expense as personal in Concur, and write a check to reimburse the company within 14 days from the date of such charge. Individuals found to have more than 3 personal charges on their Corporate Card will have their Corporate Card revoked permanently.

Please send reimbursement checks for personal expenses incurred on the Corporate Card to: NBCU Travel Department 30 Rockefeller Plaza Office 4737E New York, NY 10112

Please note: If funds are owed to an employee by NBCUniversal for out of pocket expenses, this will be offset against any personal charges that the employee owes within the same report.

Timing of Expenses

Expense reports must be submitted within thirty (30) days following completion of a business trip or the occurrence of the expense event. Failure to submit reports and have reports approved within sixty (60) days will result in suspension of the employee’s Corporate Card. Reports must be submitted with a minimum aggregate expense total of $10 (if a report needs to be submitted under $10, please obtain controllership approval). The Corporate Card will not be reactivated until aged opened items are cleared/approved as per corporate guidelines. While certain senior executives may have their reports prepared on their behalf by an administrative assistant, the report is still the ultimate responsibility of the cardholder and should be reviewed prior to submission. Preparation by an assistant does not excuse inappropriate use of the card or untimely submissions.

Please Note: If an employee’s corporate T&E card is suspended, please use personal funds for travel and submit for reimbursement via Concur.

Approval of Expenses • The Company issued a new T&E policy in April 2014. As of this date, Managers are required to review and approve all expense reports of their employees. It is imperative that the manager is familiar with the Policy and all required documentation for expenses. Delegation of approval to an administrative assistant is prohibited – please consult with your Finance representative before delegating any approvals. Failure on behalf of the manager to accurately review expense reports may result in disciplinary action, including termination of employment. Reclassification of Expenses • If expenses are improperly coded in Concur and they have not been yet submitted to SAP then the manager should inform the employee to reclassify his/her expenses. Before the report has been extracted for payment, the employee can press “recall” on their expense report and resubmit the report with the correct coding/event code. • Once expenses have been processed in SAP then the finance team will have to manually put through a reclassification, if the amount is material.

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Terminated Employees • If an employee is terminated then their manager should ensure that their credit card is physically obtained and that all expenses are properly submitted prior to their departure.

Receipt Policy

A sample of the receipt documentation is listed below:

Type of Threshold for Expenses Types Documentation Required Air/Rail All Air/Rail Expenses must be submitted Original copy of passenger coupon or the E-ticket invoice Lodging All Lodging Expenses must be submitted Hotel folio, including record of all paid charges Car Rental All Car Rental Expenses must be Receipt of paid rental car charges (e- submitted receipt) Meals / -Submit all receipts over $25 for Credit card or cash register receipt listing Entertainment individual meals of all food/beverage consumed at meal. -Submit all receipts (including itemized (summary bill total receipts are not receipts) for $100 for group meals. acceptable) Out-of Pocket All out-of-pocket expenses greater than Any valid supporting documentation Expenses $25 substantiating the expense

All Other All other expenses greater than $25 Any valid supporting documentation Expenses substantiating the expense

Please note that there is no record retention policy on receipts after the expense report has been approved, therefore you do not need to keep your receipts after approval.

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TRAVEL PROCEDURES AND RELATED EXPENSES

Taxicabs / Car Service

The lowest cost method of transportation should be selected (taxi vs car service). Black cars/Limo service is only permitted within the New York Tri-State area (approved vendors), and only under unusual circumstances with prior approval from Department Head and Controllership. No Black Car/Limo service is reimbursable in Miami (below the SVP Level). Please only use car service from point-to-point.

Air Travel

Advance Travel Requirement • Employees should consider making travel plans early enough to book flights at least fourteen (14) days before the trip begins, whenever possible. • If you are traveling in a group, all individuals are responsible for booking their own travel through Concur. • Please note that advance purchase of airfare or bus/rail/metro expenses will not trigger T&E card suspension. Airfare and other travel expenses relating to future trips should be submitted at the completion of the trip. (Note: hotel deposits must be expensed when charged). Flight Class • Unless otherwise approved (or designated in the below table), coach class is required for all flights, regardless of title. Employees who want to request a travel upgrade (outside of their designated flight class) must attain both manager and CFO approval. • For VP’s and above, flights greater than six hours are eligible to upgrade one cabin. Premium economy is the required upgrade when available on participating or partner airlines; otherwise business class is permitted. This is not an exception and does not require additional approvals as noted above. • On-Air talent will follow the same air travel policy guidelines as VP’s unless otherwise stated on their particular contract. If talent has their own T&E card, then travel should be booked through their card. Please do not arrange on-air talent flights/hotels on your personal T&E card. First Class travel (where not designated below) is not permitted unless: • The traveler is upgraded at no cost to Telemundo/NBC UNIVERSO; or • The traveler has advance approval by the Division President and Controllership. Employee Levels Executive Level SVP Level VP Level and All Employees (President/EVP) On-Air Talent (inc. Contractors, Flight Class Producers) Flights Less First Class or Economy Class Economy Class Economy Class than 4 hours Business Class Flights First Class or Business Class Economy Class Economy Class between 4 and Business Class 6 hours Flights First Class or Business Class Business Economy Class Greater than 6 Business Class* Class** hours *Please note that the following flights are under 6 hours of flight duration and are not eligible for Business Class unless you are in the Executive Level/SVP: MIA-MEX, MIA–NYC, MIA-CUN, MIA-LAX, MIA-BOG **Please note that Business class is only eligible for International flights greater than 6 hours. All domestic flights over 6 hours must be Economy.

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Security Pre-Clearance • Telemundo/NBC UNIVERSO will reimburse employees for the purchase of travel visas and tourist cards, when they are required for business travel. However. when such documents have been previously obtained for personal use, they are not reimbursable. • Telemundo/NBC UNIVERSO will not reimburse for Passport fees. • Telemundo/NBC UNIVERSO will reimburse your application fee for ONE program of your choice (ex. Global Entry or TSA Pre Check) if you are a frequent traveler (Six or more flights during a rolling 12 months). You may request reimbursement if your manager approves. Immunization and Inoculation • Expenses related to immunization and inoculations are reimbursable, when required for corporate business related travel. Employees are asked to take advantage of these services that are available for free or at nominal cost from Public Health Agencies. As with visas, service obtained for prior or concurrent personal use is not reimbursable. Helicopters • Helicopter travel is not reimbursable.

Automobile Travel

Personal Auto • Receipts for gasoline should not be submitted for reimbursement, unless associated with a rental car – gasoline is covered under the mileage rate for personal autos. Airport Parking • Please use our preferred vendor, Park ‘n Fly, when parking at the MIA/FLL/LAX airports (or any airport location at which they provide service) to ensure lower parking costs. Please set up a profile with Park ‘n Fly at the following corporate discount website: www.pnf.com/apply/2015.html. • Use of Park ‘n Fly is highly recommended, but not mandatory. When booking a Park ‘n Fly reservation, employees may use promo code 0050451 to obtain the Telemundo/NBC UNIVERSO discounted parking rate. If you have an existing account, please contact Park ‘n Fly to convert your account to a Telemundo/NBC UNIVERSO account and receive the appropriate discounts. Train Travel • Any train travel between your residence and your primary work location will be considered commutation and will not be reimbursed. If you are required to travel to a location other than your primary work location, then that specific train fare is eligible for reimbursement. Mileage (Production employees) • If production employees choose not to arrive at location with the production team on the company provided vehicle, then they are not eligible for mileage reimbursement for the use of their personal car.

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Hotels

When submitting expenses for each hotel night then employee should itemize each night individually in Concur and not submit one expense for the entire hotel stay. In addition, if employee exceeds hotel limit then they will be asked to have proof that everything was sold out. Hotels outside the allowable limit should be approved by Department Head and Controllership.

Employee Levels Executive Level On-Air Talent All Employees Hotels Limit (President/EVP) (Unless Specified (including by Contract) Contractors) Low Cost – Regular Stay Max of $500/night Max of $300/night Max of $300/night Peak or High Cost area Max of $700/night Max of $500/night Max of $500/night (Ex. NYC hotels) Please be advised that nightly maximums are inclusive of all applicable taxes.

Miami Hotels When booking hotels in Miami, employees should adhere to the following preferred hotel choices. Other hotels should only be used if there are no vacancies or other extenuating circumstances.

Miami Hotels Contact Number Address Sofitel Miami (305) 264-4888 5800 Blue Lagoon Drive Miami, Fl 33126 Hyatt-Coral Gables (305) 441-1234 50 Alhambra Plaza Coral Gables, Fl 33134 Westin-Coral Gables (305) 441-2600 180 Aragon Ave Coral Gables, Fl 33134 Courtyard Marriott-Coral Gables (305) 443-2301 2051 S LeJeune Rd Coral Gables, Fl 33134

Meals

Meals should only be covered if an employee is working overtime or if an employee is traveling. Please refer to the guidelines below. All meals should be charged to T&E cards, and not P-Cards, unless the meal is incurred for Production and the amount is over $200 USD. On-Air talent will follow the meal guidelines as stated on their particular contract.

Overtime Meals • If an employee works over 10 consecutive hours then the employee is eligible to order a meal while at work, for example dinner. The maximum amount covered for this overtime meal is $20 USD. This does not apply if you are receiving catered meals such as production meals or studio meals. • For example, employees who enter at 9 AM are eligible for a meal after 10 hours of work, so after 8 PM. Overtime meals cannot be preemptively taken as lunch.

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Meals while Traveling • IRS guidelines (Publication 463) provide that meals are reimbursable if: your duties require you to be away from the general area of your home overnight, or long enough to that sleep/rest is required for proper performance of duties. • The employee must be greater than 50 miles away from the Miami Metro Area (including Hialeah, Miami Springs, Doral, etc) to be able to qualify for meal reimbursement. • Airport meals are allowable and count towards the daily limits indicated below. • Meal averaging is not allowed (i.e. Spending below the daily allowance on one day does not allow the employee to spend the remainder the next day). Unused portions of daily meal allowances do not carry over to other days. • When traveling, daily expense for meals should not exceed $50.00 per day (low cost cities) or $75.00 per day (high cost cities) for travel within the United States. • When traveling, daily expense for meals should not exceed $75.00 per day (low cost cities) or $100.00 per day (high cost cities) for travel outside of the United States. • A credit card or cash register receipt listing all food/beverage consumed at meal is required for all business meals in excess of $25.00 (summary bill total receipts are not acceptable documentation). • Where the Corporate Card has been issued, the card should be used for all travel-related meals. Managers should monitor expense reports to ensure meal costs are within reason.

Domestic Travel International Travel Category Cost (USD) Category Cost (USD) Low Cost Cities (ex. $50.00 per day for Low Cost Cities $75.00 per day for Miami (April 1- Sept Breakfast, Lunch, (Ex. El Salvador, Breakfast, Lunch, and 30), Orlando, and Dinner Bogota, Mexico Dinner Hialeah, Nashville, City) Tulsa) High Cost Cities (ex. $75.00 per day for High Cost Cities $100.00 per day for Miami (Oct 1-March Breakfast, Lunch, (Ex. London, Breakfast, Lunch, and 31), NYC, LA, Las and Dinner Tokyo, Santiago- Dinner Vegas, Washington Chile, Russia) D.C.) Please be advised that daily maximums are inclusive of tax and tip. Please see Section 4 of this addendum for a detailed listing of High Cost Cities per IRS guidelines.

Production Meals • All meals should be charged to T&E cards and not P-Cards unless the meal is incurred for Production and the amount is over $200 USD. • Production Meals should be charged to the T&E Card under “Catering on Premises >10 Persons.” • Production employees whose meals are provided while on remote/overtime cannot submit receipts for meals if they elect not to eat as part of company provided catering. Exceptions to this should be minimal and must be approved by managers.

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Studio Meals • Studio employees whose meals are provided while at the studios cannot submit receipts for meals if they elect not to eat as part of company provided services. Exceptions to this should be minimal and must be approved by managers and the Studio’s Director of Finance. Business Meals • As stated by the NBCU policy, employees with titles at or above SVP may, on occasion, take personnel out for a business meal. These meals may or may not occur while employees are traveling. The cost of the meal should remain as reasonable as possible. The business meal must be reported as “Meals Multiple Attendees” by the person with the title at or above SVP. • Telemundo/NBC UNIVERSO will require that all food and beverage bills greater than $100.00 ($250.00 is the NBCU policy) (inclusive of taxes and tips) require the submission of a detailed receipt. This includes business meals and/or business entertainment with clients, vendors or employees. You will need to submit the itemized receipt that shows what was ordered, along with the credit card receipt with your signature. This is a global requirement. One-on-one or small group meals outside of travel are not generally reimbursable, except on the rare occasions as outlined above for SVP and above titled employees.

Tips

A 15%-20% tip generally reflects recognition of receiving good service. Excessive tipping beyond the defined guidelines below is not reimbursable. Tips for meals must be included on the expense report with the price of the meal. All other tips should be listed in the “tips” category on the expense report with appropriate explanation. Provided below are defined guidelines to assist in determining what services should receive a tip and the appropriate amount for the tip:

Service Tip guideline Skycaps/Bellhop $1-$2 / bag Shuttle bus drivers (hotel, parking, etc.) Up to $3 if not included in rate Restaurant Servers 15% - 20% (no more than 20%) Maid Service Up to $3 / day Taxi Driver 15% Valet Driver Up to $3 if not included in rate Production Crew traveling with equipment $1-2/bag per NBCU guidelines* greater than 50 lbs.

*Please Note: Please include a detailed breakdown of all tips in the comments of the T&E expense report in Concur. This should include the number and type of bags. (i.e. equipment, etc.)

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Company-Provided Mobile Devices

• The Company will only provide each eligible employee with ONE mobile phone device (iPhone or BlackBerry). The current base models (iPhone base model/BlackBerry Classic) are the standard mobile devices of Telemundo/NBC UNIVERSO. Employees who are provided a mobile device shall be required to comply with any and all company policies governing their use. • Any requests for upgraded iPhones (i.e. those that will incur an incremental charge above the base model), other make/model phones, and all requests for iPads require approval by the Department Head and SVP of Finance, with a documented business need. An employee can upgrade if it costs less than $10 to the company and if they are eligible for an upgrade. If an employee is not eligible for an upgrade, then wireless devices should only be upgraded if the device is malfunctioning or technical specifications are insufficient for the business needs of the employee. • The Company will not reimburse for devices purchased personally, and devices may not be charged to T&E cards or P-cards; all requests for company provided devices must be made with a Service Now wireless request. • No peripheral items should be purchased on T&E cards or P-cards. Peripheral items include chargers, cases, batteries, docks, etc. for both iPhones and iPads. This is not a company expense and will not be reimbursed. • Repairs to iPhone/iPad mobile devices (i.e., broken screens, etc) should be taken to the Apple Store. Each employee will only be reimbursed for one repair per device (i.e. broken screen). • Lost devices (iPhone/iPad/etc) will only be reimbursed the first time they are lost. • If an employee loses their mobile device, they should report this immediately to Telecom and security and depending on their eligibility date they will be given a best-available loaner or Employee can request a new device with pre-approval from Department Head and SVP of Finance. • Personal cell phone bills are not eligible for reimbursement by the company. You may receive NBCU email on a personal cell phone (iPhone only, not available for android phones at this time), but you will not be reimbursed for any costs on your personal service. Similarly, IT will assist in putting NBCU email on a personally owned iPads, but all service charges are the responsibility of the employee. • Please see the below guidelines for device eligibility:

Employee Levels SVP VP Manager Field Below Manager Level and Level Level Employees Level Device Above iPhone/ 1 Device 1 Device 1 Device 1 Device Only eligible with Blackberry legitimate business reason and SVP of Finance approval. iPad 1 Device 1 Device Only eligible with Only eligible with Only eligible with legitimate legitimate legitimate business business reason business reason reason and SVP of and SVP of and SVP of Finance approval. Finance approval. Finance approval.

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The Standard Telemundo Wireless Plan Please note that Telemundo mobile devices do not have unlimited features, most of the plans are as follows: • free mobile to mobile minutes (on the same network only – ex. AT&T to AT&T) with per minute charges for out of network calls • 1500 text messages per month • 5 gigabytes of data per month. • This plan does not include international roaming. Employees traveling internationally must inform the voice team 5 days (to the extent possible) in advance of international travel to switch to an international plan. Phone Calls/Data while Traveling

• Calls from an airplane are prohibited. • Phone calls made directly from a hotel phone are prohibited due to high access charges. • Cellular phones should be used whenever possible. • When traveling overseas, employees must fill out NBCUniversal telecom’s International Data Request Form to ensure that an international rate plan is effective. • Telemundo/NBC UNIVERSO encourages the use e-mail in lieu of phone calls when traveling abroad, whenever possible. • In the absence of a legitimate business need, all plans will automatically prohibit international roaming. In the event that an employee fails to inform the voice team of international travel, (with the exception of business units that require international plans) they will not have access to international roaming.

Additional Policies

Prizes/Contests • No prizes/contest prizes may be purchased on T&E cards or P-cards as this may create a taxable event and will need to be reported to NBCU Corporate Controllership. Please see Controllership before making any purchase of this kind. Gift Cards • Gift Card purchases of any kind are strictly prohibited on T&E cards as this creates a taxable event. Labor • No charges for labor of any kind should be charged to T&E cards or p-cards due to employment laws. • Labor charges include (but are not limited to): daily labor, personal hair stylists, make-up artists, freelance services etc. Clothing • Clothing purchases, for makeovers or otherwise, are not permitted on T&E cards. • This includes, but is not limited to: such as coats, hats, boots, rain gear, tuxedo/clothing rentals, etc. Equipment/Capital Expenditures • Equipment over $2,500 is strictly prohibited on T&E cards. • Purchase of equipment and other capital items with T&E cards (such as computers, office equipment, or furniture) is not allowed. • Equipment purchases must be cleared through Engineering. Please contact them for any equipment/capital purchases as they have readily available purchasing processes that include rush delivery.

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Offsites, Holiday Parties, Milestone Celebrations, Etc. • Offsites, holiday or retirement parties require the advance approval of the Department Head and Controllership. Alcohol Policy • The cost of alcoholic beverages is generally not reimbursed by the Company. However, the Company recognizes that a limited number of drinks during a business meal may be appropriate, and these expenses will be reimbursed. Beverages consumed during a meal can be reported as part of the meal expense. Please keep in mind that the consumption of alcohol by Company employees is normally prohibited. Office Supplies • All office supplies must be ordered through Purchase Manager; supplies may not be purchased on T&E cards or P-cards. Employees will not be reimbursed for any office supplies, unless required while traveling. Requests for Furniture, TV’s, and Other Items (except for production) • Requests for items like bookcases, TV’s, lamps, ergonomics, etc. must be made through Administration. All requests that fall outside the established facility standards for your office/workstation will require Department Head and Controllership approval. Catering • Preferred vendor for catering is Aramark. Catering for production meals should be charged to T&E, but may be charged to P-cards if over $200 USD. Regular group meetings should not be scheduled at meal times in order to justify catering – catering for group meetings must have a valid business justification. Professional Dues and Professional License Fees • Telemundo/NBC UNIVERSO will reimburse employees for Professional Dues and Professional License Fees. Makeovers • Expenses for on air makeovers (including wardrobe, hair styling, makeup, etc.) should not be charged to T&E cards. These expenses should be charged to p-cards. • No make-up expenses (ex. MAC, Make Up For Ever, etc.) YOH Expenses • YOH travel expenses (airfare, lodging, etc.) may be purchased; however, this should be through a p-card and not charged to T&E cards, if possible. • YOH travel expenses may be charged to their manager’s T&E card; however, this may cause issues upon submitting the expense report in Concur. If a YOH is consistently traveling, please contact Controllership to obtain a T&E card for that employee. • Other reimbursable expenses that YOH pays out of pocket may be submitted through Concur for reimbursement. Interviewee Expenses • Interviewee expenses are only reimbursable for positions at or above the Director Level. • Interview expenses for prospective employees are allowable. The cost of airfare and hotel may be booked on the hiring manager’s T&E card. • Other expenses (such as taxi, car rental, etc.) are reimbursable to the interviewee; however, documentation (receipt) is required for all levels and must be submitted through VERA. Software Expenses • Software with a legitimate business need (i.e. dropbox, etc) should be procured through IT, as a company-wide license may be available for corporate use.

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NON-REIMBURSABLE PERSONAL EXPENSES

The following items are not reimbursable:

- Gift cards of any kind or amount are strictly prohibited, as this creates a taxable event. - Personal items: such as medications, toiletries (i.e. toothpaste, toothbrush, etc), make-up, haircuts, drugstore items/prescriptions, the theater, etc. - Clothing: such as coats, hat, boots, rain gear, tuxedo/clothing rentals, etc - Luggage (the cost of the actual luggage, see above for checked baggage travel allowances) - Personal grooming expenses: such as haircuts, hair salons, nail salons, etc - Satellite radio (i.e. XM Radio) for personal or company vehicles - Peripheral items: such as chargers, cases, and batteries - Daily beverages (i.e. coffee, tea, water, soda) - Snacks, newspapers, magazines, and other sundry items are non-reimbursable - Home internet, phone, or cable service - Subscription services such as LinkedIn, Spotify, Netflix, etc. - Employee gifts are not eligible for reimbursement except under the following circumstances: A department or division can arrange for one company gift (this limit refers to one gift from the entire company per event, not one gift per department per event) to acknowledge employee life events (birth/adoption of child (only one gift is eligible even if multiple children are born/adopted), wedding, death, retirement and serious illness). Birthday gifts (including birthday cakes) are non-reimbursable. The gift is reimbursable up to $150.00. Gifts for retirement must be coordinated through the Human Resources department.

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TELEMUNDO/NBC UNIVERSO METHOD OF EXPENDITURE GUIDE UPDATED OCTOBER 2015

Payment Method SRM (PO System)/ T&E Card Expense Type SNAP P-card (Visa) Personal business and/or other Non- NBC Business ********* not allowed ********** Passport Fees ********* not allowed ********** Gift Cards ********* not allowed ********** Clothing (Rain Gear, Coats, Boots, etc) ********* not allowed ********** Personal travel items (toiletries, medications, etc) ********* not allowed ********** Employee meals and Entertainment No No Yes Employee Travel Expenses No No Yes Production Catered Meals Under $200 - on Concur you can use "Catering on Premise > 10 persons" No No Yes Production Catered Meals Over $200 Yes Yes No Legal expenses Yes No No Contract labor Yes No No Onsite service providers Yes No No Trade Association / Conference membership fees Yes Yes No Professional Associations and Membership Dues No No Yes Capital expenditures (Equipment, etc) Yes No No Office supplies Yes No No Fees / Licenses / Permits (Production) Yes Yes No Charitable contributions No No No On Air Talent travel (that don’t have T&E cards) No Yes No Parking tickets, traffic violations No No No Tickets (sporting events, other) Yes Yes No Flowers Yes No Yes Utilities Yes No No Misc. Supplies Yes No No Education (Job or Growth Related) No No Yes Travel Visas and Tourist cards No No Yes Frequent travel program if you travel more than 6 times a year (ex. Global Entry or Pre TSA) No No Yes Immunization and Inoculations No No Yes Subscriptions & Periodicals (Approved by Controllership). No No Yes Employee Gifts (See Limitations Above) No No Yes Labor of any kind Yes No No

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HIGH COST CITIES WITHIN THE U.S.* STATE CITIES DATES (if applicable) Arizona Sedona Mar 1 - May 31 California Monterey Feb 1 - Nov 30 Napa San Francisco San Mateo/Foster City Santa Barbara Santa Cruz June 1 - Aug 31 Santa Monica Sunnyvale/San Jose/Palo Alto Los Angeles** Colorado Aspen Jun 1-Sept 30 Denver/Aurora District of Columbia Washington, DC Florida Boca Raton Jan 1 - Apr 30 Fort Lauderdale Jan 1 - Mar 31 Key West Miami Oct 1 - Mar 31 Naples Jan 1 - Apr 30 Illinois Chicago Mar 1 - Sept 30 Louisiana New Orleans Oct 1 - Jun 30 Maine Bar Harbor Jul 1 - Aug 31 Maryland Baltimore City Mar 1 - Nov 30 Ocean City Jun 1 - Aug 31 Massachusetts Boston/Cambridge Falmouth Jul 1 – Aug 31 Martha’s Vineyard Jul 1 – Aug 31 Nantucket Jun 1 – Sept 30 Montana Glendive/Sidney Nevada Las Vegas** New York New York City Glens Falls Jul 1 – Aug 31 Lake Placid Jul 1 – Aug 31 Saratoga Springs/ Schenectady Jul 1 – Aug 31 Tarrytown/White Plains/New Rochelle North Carolina Kill Devil Jun 1 – Aug 31 Pennsylvania Philadelphia Rhode Island Jamestown/Middletown/Newport May 1 – Oct 31 South Carolina Charleston Mar 1 – May 31 Texas Dallas** Houston** Utah Park City Dec 1- Mar 31 Virginia Washington, D.C. Metro Area Virginia Beach Jun 1 – Aug 31 Washington Seattle Wyoming Jackson/Pinedale Jul 1 – Aug 31 *Per Internal Revenue Bulletin 2014-42 **High Cost City Exceptions per Controllership

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Corporate Policy

TRAVEL AND EXPENSE POLICY

NBCUniversal

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NBCUniversal Confidential and Proprietary. Use pursuant to Company Policy.

Corporate Policy

I. BUSINESS TRAVEL & ENTERTAINMENT POLICY 3 1.1 DETAILS 3 1.2 RESPONSIBILITIES 3 1.3 REIMBURSEMENT OF EXPENSES 4 1.4 RECEIPTS INCURRED IN THE U.S. 4 1.5 DIRECT BILLINGS 5 1.6 REVIEW AND APPROVAL 5 II. CITIBANK MASTERCARD CORPORATE CARD 6 III. TRAVEL PROCEDURES AND RELATED EXPENSES 6 3.1 TRAVEL SERVICES 6 3.2 TRAVELER PROFILE 6 3.3 TRAVEL INSURANCE 6 3.4 TAXICABS/CAR SERVICE 7 3.5 TRAVEL TO/FROM AIRPORTS 7 3.6 AIR TRAVEL 7 3.7 AUTOMOBILE TRAVEL 10 IV. ACCOMMODATIONS AND MEALS 13 4.1 LODGING AND ACCOMMODATIONS 13 4.2 MEALS 14 V. ENTERTAINMENT 14 5.1 REIMBURSABLE ENTERTAINMENT EXPENSES 14 VI. PERSONAL EXPENSES 15 6.1 PERSONAL PROPERTY LOSS/DAMAGE 15 6.2 LAUNDRY AND VALET 15 6.3 TIPS 16 6.4 OFFICE SUPPLIES 16 6.5 GYM COSTS 16 6.6 INTERNET SERVICES 16 6.7 NON REIMBURSED ITEMS 16 6.8 ITEMS TO BE PAID THROUGH ACCOUNTS PAYABLE 17 6.9 MEDICAL EXPENSES 17

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NBCUniversal Confidential and Proprietary. Use pursuant to Company Policy.

Corporate Policy

I. BUSINESS TRAVEL & ENTERTAINMENT POLICY

NBCUniversal’s Travel and Entertainment Policy defines the criteria governing the reimbursement of authorized expenses incurred by employees traveling and/or entertaining on behalf of NBCUniversal and its designated subsidiaries and affiliates.

This Policy provides guidance to employees, administrators, and expense report approvers regarding Company policies that pertain to business travel and entertainment expenses.

This Policy outlines the procedures for obtaining transportation, lodging and ground transportation, defines reimbursable vs. non-reimbursable expenses; and outlines the documentation required to prepare the NBCUniversal Travel & Entertainment Expense Report in order to obtain reimbursement for qualified expenses and comply with IRS standards.

1.1 Details NBCUniversal’s Business Travel and Entertainment Policy applies to all employees and contractors engaged in business activities on behalf of the Company Preferred vendors, such as Citibank MasterCard (formerly American Express) and Concur (travel and expense) and BCD (the travel agency) must be used when possible. The procedures detailed in this Policy are intended to establish standards for the consistent treatment of all employees who incur business travel and entertainment expenses. For security purposes, all air and hotel travel arrangements must be made using the Company designated Travel Agency where such requirements exist. All travel and entertainment expenses must be charged to the Citibank MasterCard Corporate Card when employees have been designated as eligible for the Corporate Card Program (see criteria set forth below).

1.2 Responsibilities Business Leaders and Business CFO’s: Business leaders and CFO’s are responsible for the proper day-to-day administration and enforcement of this Policy. Managers: Managers are required to review and approve all expense reports of their employees. It is imperative that the manager is familiar with the Policy and all required documentation for expenses. A manager’s approval of an expense report certifies to the Company the following:  All receipts have been reviewed and are complete, reasonable and attached to the expense report.  All submitted expenses are compliant with this Policy.  All submitted expenses are fully documented and the documentation is attached to the expense report.  The Missing Receipt Affidavit which is included on the NBCUniversal fax cover page must be signed by the employee and attached to the expense report when appropriate.

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It is the sole responsibility of the manager to promptly review and approve, or question and reject, any submitted expense that is not in accordance with this Policy. Failure on behalf of the manager to accurately review expense reports may result in disciplinary action, including termination of employment.

Employees: All employees shall conduct Company business with integrity and good judgment and shall exclude considerations of personal advantage when traveling or entertaining on behalf of the Company. Expenses shall always be reasonable and kept to the minimum amount necessary to perform authorized Company business. Employees are expected to comply with this Policy at all times and report all expenses promptly and accurately with the required documentation.

1.3 Reimbursement of Expenses The Company shall reimburse employees for reasonable and actual expenses incurred while engaged in authorized Company business. All T&E reimbursement payments will be made via ACH (direct deposit) to the traveling employee’s bank account. Employees will be reimbursed for actual expenses allowable according to the parameters of this Policy upon submission of a properly completed and approved expense report accompanied by required supporting documentation. The destination and business purpose of each trip and/or mode of travel must be included on the expense report. Incomplete forms or forms lacking appropriate receipts, approvals, or other required documentation may result in reimbursement delays, denials, or unprocessed expense reports. Expense reports must be submitted within thirty (30) days following completion of a business trip or the occurrence of the expense event. Each employee must submit his/her own expense report. Failure to submit reports and have reports approved within sixty (60) days will result in suspension of the employee’s Corporate Card and placement of a hold on all reimbursements due the employee. The Corporate Card will not be reactivated until the employee has submitted a report explaining the business purpose of the charges, the employee’s manager has approved the report, and the employee has paid any money owed to the Company.

Paying for the transportation, lodging and/or ground transportation expenses of a fellow employee is not encouraged except in rare instances where the fellow employee has not been issued a Citibank MasterCard Corporate Card and does not have the means to charge the business travel or entertainment expenses to another personal credit card.

1.4 Receipts All food and beverage bills greater than $250.00 (inclusive of taxes and tips) require the submission of a detailed receipt. This includes business meals and/or business entertainment with clients, vendors or employees. You will need to submit the

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itemized receipt that shows what was ordered, along with the credit card receipt with your signature. This is a global requirement. All other receipt requirements for expense documentation can vary depending on the country where the employee is based (many countries require all receipts, regardless of amount). The guidelines below are for employees on the US payroll. Employees located in other countries should consult their country-specific policy addendum for guidance on receipt requirements. All hotel folios and itemized rental car receipts must be submitted, regardless of the amount of the charges. Some vendors provide eReceipts, which eliminate the need for paper copies of these documents. For other types of T&E expenses, U.S. based travelers must provide all receipts, except for the following:  Domestic Corporate Card charges  Cash items less than $25

All foreign currency must be converted to U.S. Dollars. If receipt is lost or unavailable, employee must sign and date the “Missing Receipt Affidavit” on the NBCUniversal Fax Cover Page. This form must be included with the expense report submission.

1.4a Receipts Incurred outside the US by US based Employees Original paper receipts are required for VAT reclamation purposes. All hotel bills must be addressed to NBCUniversal - not your home address. All hotel meal and car rental original bills must be mailed to NBCUniversal Travel (100 Universal City Plaza, Universal City, 91608-1002).

1.5 Direct Billings No employee has the authority to have travel, lodging, meals, or entertainment expenses billed directly to the Company, except where the Company has established an existing account and granted consent to the employee to charge to that account.

1.6 Review and Audit It is the sole responsibility of the manager to question and reject any submitted expense that is not in accordance with this Policy. Failure on behalf of the manager to accurately review expense reports may result in disciplinary action up to and including termination of employment. T&E reimbursement requests are routinely audited. If T&E reimbursement requests are returned for correction based upon policy violation, an employee is required to adjust the T&E reimbursement request to meet the policy. The revised T&E reimbursement request is then routed to the traveler’s first-level manager for approval. If during the second audit review the policy violation is not corrected, the T&E will be forwarded to the second-level manager for review and approval. The employee and first-level manager will receive notification.

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II. CITIBANK MASTERCARD CORPORATE CARD Employees who incur regular business related expenses should apply for the Citibank MasterCard Corporate Card. The Citibank MasterCard Corporate Card is the required method of payment for all NBCUniversal business-related travel and expenses. To request a card or a change in credit limit refer to http://travel.nbcuni.com.

The employee is personally responsible for all charges to the Card. Fees related to “rewards” programs and special promotions are considered personal and will also not be reimbursed. The Citibank MasterCard Corporate Card may not be used for any non-NBCUniversal business expenses.

III. TRAVEL PROCEDURES AND RELATED EXPENSES Employees are expected to exercise good judgment and observe normal safety precautions while traveling on Company business in a cost efficient manner. As stated above, the destination and business purpose of each trip and/or mode of travel must be included on the expense report.

3.1 Travel Services Selection of airlines, rental car, hotel, ground transportation, and related travel services must be made through the NBCUniversal Travel Management Services web site: http://travel.nbcuni.com. In all cases, travel arrangements are to be made at a reasonable cost consistent with achieving the goals of the business trip.

3.2 Traveler Profile In those locations where Concur is the required travel booking system, all NBCUniversal employees who travel should have a Traveler Profile on file with Concur. The Concur system can be reached from the NBCUniversal Travel Management Services web site: http://travel.nbcuni.com or directly to www.concursolutions.com. The travel profile contains all the relevant information and personal preferences needed to process a reservation in an accurate and expeditious manner.

3.3 Travel Insurance Employees are automatically covered by NBCUniversal’s Accidental Death and Dismemberment insurance at no cost while traveling on Company business. Additional travel insurance is regarded as a personal expenditure for which reimbursement will not be made.

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3.4 Taxicabs/Car Service The destination and purpose of each taxicab or car service must be indicated on the expense report. Use of preferred vendors indicated on NBCUniversal Travel Management Services web site is required. To reserve a car you may call the vendor directly or book through the travel site. For the Black Car Service within the New York Tri-State Area you must call Alpine Limousine directly. They can be reached by contacting the NBCUniversal dispatcher: 212-664-7433. The lowest cost method of transportation should be selected (taxi vs car service).

Within the New York Tri-State Area:  Black cars are permitted for trips home between 9pm and 6am if the employee has worked more than 10 hours in the day  Black cars can be used for business travel within the city and for airport pickup and drop off related to Company travel  P-cards shall not be used to pay for taxicab or car service travel

3.5 Travel to/from Airports Reasonable, cost-efficient modes of transportation to and from airports should be sought and receipts should be obtained.

3.6 Air Travel Air travel should be purchased at the lowest possible price consistent with good business practice and without any significant inconvenience to the traveler. All air travel must be booked through the NBCUniversal Travel Management Services web site where BCD Travel is the required travel agent. The travel web site has been configured to offer travelers the lowest possible rates. Whenever possible, employees must fly on preferred (contracted) airlines where NBCUniversal has a negotiated discount. Employees are expected to take the lowest logical non-stop offered, unless there is a valid business reason to take an alternate flight.

Travelers may choose to select flights with stops or connections which may result in a more substantial discount providing all other low airfare policy objectives are met. Alternative airports and low cost airlines will occasionally be suggested when they fall within the parameters of the NBCUniversal lowest possible airfare policy.

3.6.1. Flight Class

Unless otherwise permitted, coach class is required for all flights. There is a defined population of employees who are able to travel in another class of service. These individuals will be communicated to separately and are required to comply with the guidelines for Flight Class designation. Nothing contained herein shall preclude an

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employee from utilizing an upgrade certificate personally obtained by the employee.

Employees who are at VP level or below with flights greater than six hours are eligible to upgrade one-cabin. Premium economy is required when available otherwise business class is permitted.

Charges for accessing Wi-Fi during flights are a reimbursable business expense.

3.6.1a Exception Process In the instance in which an employee wants to request a travel upgrade (outside of their designated flight class), the employee must request approval from their manager. If the manager believes there is a business reason for an upgrade, the manager must then forward the request to the Business CFO. Following the Business CFO approval it will require the approval of the NBCUniversal CFO and/or designee’s approval.

3.6.2. Flight Arrangements Ticketing arrangements should be made as early as possible to take advantage of all available discounts or promotional programs, including those requiring cancellation fees. The NBCUniversal Travel Management Services web site will choose the most cost-effective routing based on the lowest airfare available that satisfies the business objectives of the NBCUniversal traveler. Generally, non-refundable tickets will be issued.

Only in circumstances when reservations cannot be made or managed on-line (e.g. production related travel) should employees call the NBCUniversal Travel Center:  US-based travelers can call +1 (855) 844-NBCU (6228)  Numbers for other countries are available on the NBCUniversal Travel portal.

For unexpected or emergency changes in travel plans while on the road, please contact BCD Travel’s 24-hour emergency service line at (877)727- 2334 (from the US) or +1 (770) 486-2783 (from outside the US).

Please note that this number is only to be used for travel emergencies, as the Company incurs additional costs when it is used.

3.6.3. Employees Traveling Together In order to preserve the continuity of the NBCUniversal management team, the Company limits the number of Company management personnel flying

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corporate, charter or commercial aircraft together. When using aircraft for travel, it is the responsibility of the most senior management member on the flight to determine in his/her good faith judgment, if the combination of the Company officials on the same aircraft poses a substantial risk to the continued operations of the Company in the event of an accident.

Traveling together does not alter any employee’s flight class designation for that trip.

3.6.4. Denied Boarding Compensation NBCUniversal employees are not permitted to volunteer their reservation, or make themselves eligible for any compensation relating to an airline over sale situation if such action results in additional expense to the Company or loss of any work time.

3.6.5. Frequent Flyer Programs Employees are permitted to keep any frequent flyer points earned as a result of traveling on NBCUniversal business. However, any unauthorized travel, airline favoritism, circuitous routings, or other activities specifically designed to accumulate Frequent Flyer points is strictly prohibited.

3.6.6. Electronic Ticketing Electronic Ticketing is the required method of airline ticket distribution as it eliminates the cost of delivery, surcharges, and the possibility of lost tickets.

3.6.7. Unused Tickets When tickets are unused or partially used, travelers must notify the responsible travel agent as soon as possible. Unused tickets may not be eligible for reuse if not reported prior to original departure date.

Unused ticket credits which can be used for future travel are being tracked by BCD Travel and Concur. You will be prompted to use the unused ticket credit when booking your next trip.

3.6.8. Excess Baggage Many airlines recently changed their checked baggage policies and now charge for either the first or second bag checked. Baggage fees are generally reimbursable. However NBCUniversal employees are expected to minimize the occurrence of these fees and check the fewest number of bags possible. Additional checked baggage as required for business needs is also allowed, but employees should follow their business policy and applicable laws for shipping equipment, tools and/or merchandise.

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3.6.9 Lost Luggage Lost luggage must be reported directly to the airline at the arrival airport location by completing the airline’s required paperwork.

Citibank Mastercard Corporate Card provides benefits for permanently lost, damaged or stolen baggage or personal articles while checked with or carried on a common carrier, when the entire common carrier fare is charged to your Citibank corporate card. The cardholder must also inform Citibank within 45 days of the date of the loss, theft, or damage. Employees may file a claim if calling stateside by d by calling toll free stateside (800) 586-8548. If calling from outside the U.S., call collect by dialing (804) 673-1673.

3.6.10 Private Plane and Chartered Flights Employees are not permitted to pilot private planes/rental aircraft or arrange chartered flights when traveling on Company business due to potential liability and insurance issues. If chartered flights are required, please contact John Harris, EHS Production Manager, Transportation: 818-777-2945 or [email protected].

3.7 Automobile Travel 3.7.1 Personal Auto NBCUniversal will reimburse employees only for mileage that qualifies as business mileage under the U.S. Internal Revenue Code or applicable international tax code. Mileage incurred on Company business for employees on the U.S. payroll will be reimbursed at the prevailing IRS rate which is programmed into Concur. This reimbursement is intended to cover gasoline, operating expenses, repairs/maintenance, depreciation and insurance. Commuting mileage between an employee’s home and regular business location is not reimbursable and cannot be expensed through the T&E reporting system. Mileage to airport/train station is allowed only to the extent that it is greater than his/her normal commute. 3.7.2 Automobile Rental All car rentals must be booked through Concur or directly with Hertz using the NBCUniversal Corporate Code 50013 and charged to the Citibank MasterCard Corporate Card when the Card has been issued. Following this procedure ensures that car rental is covered by NBCUniversal’s insurance program.

3.7.3 Discount Rentals Employees must use the Company’s Preferred (contracted) car rental vendor. The current, primary car rental vendor is Hertz. In situations where Hertz is

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not available, NBCUniversal has negotiated rates with Enterprise, (code XZ17C8R). In this instance, the insurance must be purchased.

3.7.4 Car Size When one or two employees are traveling, a midsize or intermediate (“C- intermediate”) size rental auto should be used. When three or more employees are traveling together, they should request a standard, full size, or the minimum size automobile necessary to conduct Company business.

3.7.5 Rental Agreement Insurance Coverage Loss Damage Waiver (LDW) and personal accident insurance should be declined on all Hertz rentals. Employees using a rental car for business purposes are covered by the Company’s insurance program. Employees are permitted to request the NBCUniversal rate for personal use, pay with their own personal credit card and purchase the insurance. 3.7.6 Refueling Travelers should not purchase the fuel service option offered by Hertz. Employees are required to return the car with a full tank of gas whenever possible unless circumstances prevent the car from being returned with a full tank of gas. Fuel charges are reimbursable to the employee.

3.7.7 Car Rental Receipts As a reminder, either a paper copy of the Hertz charge record or an eReceipt record of rental is the required receipt for car rentals.

3.7.8 Driver’s License Requirements and Insurance Employees operating a vehicle (rental, personal or Company-owned) on Company business must have a valid, current driver’s license. Employees who use their automobile for business purposes shall maintain a minimum of insurance coverage equal to that required under state law.

3.7.9 Parking and Tolls Parking fees and tolls incurred while traveling on Company business are reimbursable expenses. Receipts should be obtained where required. Parking and tolls will not be reimbursed for travel to and from work at the normal work location.

3.7.10 Traffic Fines Fines for parking or moving traffic violations are not reimbursable (except as approved at the Company’s discretion).

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3.7.11 Commuting Expenses Expenses incurred (mileage, fuel, parking, and tolls) commuting to and from work at an employee’s regular work location on regular work days are not considered “travel” and are not reimbursable.

3.7.12 Rail Travel Travel by rail on Company business shall be at economy rates. Amtrak or Acela Express business class travel is authorized when necessary to meet timely arrival at a destination. First Class travel is prohibited. Receipts are required for train travel and the destination and purpose of each trip must be indicated on the expense report.

3.7.13 Personal Travel and Travel of Spouses

Family Member Expenses There may be instances in which the presence of an employee's spouse or domestic partner serves a bona fide business purpose. Establishing a business purpose for spousal/domestic partner attendance generally requires more than simply asserting that spouses are required to attend or that their presence will facilitate social interaction among employees. In particular, a spousal business purpose is most effectively established if there are scheduled business-related activities specifically for spouses. Documentation should be retained to show details of planned spousal activities. When a spouse/domestic partner is involved in activities involving customers, his or her specific assignment should be documented in writing to avoid taxable personal income. Reasonable expenses for spouses in such cases may be reimbursed with proper advanced written approval from the employee’s department head.

Combining Company and Personal Travel Employees may extend a Company business trip to include personal travel. In such instances, both the employee and approving manager must exercise care to avoid the appearance of unnecessary or poorly timed business travel to finance a primarily personal trip.

Weekend stays are considered business travel if business is conducted over the weekend. Employees must use personal credit cards to pay for any expenses related to the personal portion of the trip.

3.7.14 Telecommunication Charges During Travel Charges for business-related telecommunication services and reasonable charges for personal calls while out of the office are reimbursable. Telecommunications services include telephone calls, cell phone, and

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fax/modem charges. Calls from an airplane are prohibited. Phone calls made directly from a hotel phone are prohibited due to the high access charges. Travelers may call 855 876-6228 to be connected to the NBCUniversal switchboard to facilitate making office or other business calls. Cellular phones should be used whenever possible. When travelling overseas, employees must call NBCUniversal telecom to ensure that an international rate plan is effective. If telecom is not contacted those calls will not be reimbursed.

IV: ACCOMMODATIONS AND MEALS Reasonably priced accommodations and meals are available throughout the country. The designated online booking tool or designated travel agency must be used to book hotels. Specific hotel accommodations are designated for major cities where we normally conduct business, and travelers are required to use these properties. When designated hotels are not available or are extremely inconvenient, the traveler should obtain approval from management so that hotels of a similar price and level can be used.

4.1 Lodging and Accommodations

4.1.1 Reservations All rooms must be booked using the designated online booking tool or travel agency available via the NBCUniversal Travel Management Services web site (http://travel.nbcuni.com) to ensure use of all available discounts. For employees attending seminars, conferences or related meetings where a specific hotel has been contracted for the conference, the hotel reservations may be made through the sponsoring organization provided that Department Head approval has been obtained. As a reminder, a copy of the hotel “folio”, including a record of charges, is the required receipt for hotel accommodations. Scanned/faxed images are required for travel within the U.S. and ORIGINALS are required for hotels outside the U.S.

4.1.2 Booking Room Rates Accommodations are to be for a single room only. Generally, upgrades to suites, concierge or executive floors are not permitted unless charged at the single room rate. The rates for hotel reservations should be set when booking a reservation and should be confirmed at the time of check-in. Where the Citibank MasterCard Corporate Card has been issued, all hotel expenses must be charged to the Card.

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4.1.3 Room Guarantees Rooms should be guaranteed to the employee’s individual Citibank MasterCard Corporate Card (where issued). Employees are responsible for canceling rooms if plans change. Hotel “no show” charges are not reimbursable, except upon the approval of employee’s manager.

4.2 Meals

4.2.1 Personal Meals – Per Diem Each NBCUniversal business may authorize “Per Diem” reimbursement at its own discretion. Where not determined by Union Contracts, reimbursement rates should be at or below established government limits. Businesses are responsible for determining and ensuring compliance with all relevant payroll or other tax reporting caused by payment of Per Diems.

4.2.2 Meals for Two or More Employees When two or more employees travel together, each should report only his or her meals. When it is not practical to do so, however, the more senior employee should cover the business meal expense. The business meal must be reported as “Meals Multiple Attendees”.

In addition, employees with titles at or above Senior Vice President may, on occasion, take personnel out for a business meal. These meals may or may not occur while employees are traveling. The cost of the meal should remain as reasonable as possible. The business meal must be reported as “Meals Multiple Attendees” by the person with the title at or above Senior Vice President. V. ENTERTAINMENT Employees shall be reimbursed for reasonable entertainment expenses, provided that such expenses are incurred for a valid business purpose. This section of the policy applies to activities or events focused on customers.

5.1 Reimbursable Entertainment Expenses

5.1.1 Business Entertainment Business entertainment includes the following if attended by the organizer and during which business matters are discussed: meals, entertainment, participation in recreational activities or events, and tickets, passes or other access to cultural or sporting events. Entertainment expenses are reimbursable only if they are directly related to Company business. This means that (1) business must actually be conducted either during the entertainment or immediately before or after and (2) there

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must be an expectation that the Company will derive a business benefit from the entertainment (other than the goodwill of the person or persons entertained). This does not mean that the Company is required to show that income or another business benefit actually resulted from each and every entertainment expenditure. Employees must avoid situations where it might appear that business entertainment is being offered in exchange for a particular business benefit, such as a contract for purchase of services or equipment. Rather, business entertainment events should be used as an opportunity to promote NBCUniversal's products and services and to learn more about the customer's, or prospective customers, business.

In order to qualify for reimbursement, employees must be able to document the business purpose and provide documentation for the amount of each expense, the date and place of the entertainment, and the business relationship of the persons entertained. If only NBCUniversal employees are present, expense should be classified as “Entertainment- Employee (non-client)”.

Please refer to the NBCUniversal Business Entertainment Guidelines which clarify the factors to be considered before accepting, offering, and where required, seeking pre-approval for, business entertainment. Click here to review the Guidelines.

5.1.2 Adult Entertainment Adult entertainment is not a reimbursable expense in any circumstance. Regardless of local practices in countries where the Company conducts business, NBCUniversal will not allow Company funds to be used for the purchase of adult entertainment. “Adult entertainment” is defined as nightclub type entertainment that includes shows or other activities with overtly sexual content (e.g. topless bars, strip clubs, etc.).

VI. PERSONAL EXPENSES The following types of personal expenses will generally be reimbursed to the traveling employee:

6.1 Personal Property Loss/Damage Employees shall be reimbursed for personal property (necessary for the purpose of a business trip) that is lost or damaged due to fire, theft or natural disaster while traveling on business, unless the loss or damage is due to lack of care on the part of the employee. An explanation of the incident and appropriate documentation to substantiate the loss, such as a police report, must be submitted for reimbursement. 6.2 Laundry and Valet Reasonable laundry and dry cleaning expenses are reimbursable business expenses on trips for 4 or longer consecutive nights. Reasonable clothing pressing expenses are

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reimbursable on trips longer than 2 consecutive nights. Maximum amount allowed is up to $30.00 for laundry and dry cleaning and $15.00 for pressing for each occurrence, respectively. Receipts should be obtained and submitted for reimbursement.

6.3 Tips Reasonable tips for porters, baggage handling or similar services are reimbursable business expenses.

6.4 Office Supplies Out-of-pocket purchases for office supplies (stationary, postage) while traveling are generally reimbursable expenses provided that they are bona fide business expenses.

6.5 Gym Costs Employees may be reimbursed for gym or other exercise facility costs while out of town on business. Spa services are not reimbursable for employees.

6.6 Internet Services Charges for business-related wireless internet connection in the hotel room are reimbursable. Wireless internet connections at “hotspots,” including those on airplanes, are reimbursable. Expenses relating to internet, cable & wireless services at employee’s homes are not reimbursable.

6.7 Non reimbursed items The following types of personal expenses will generally not be reimbursed:

 Personal Items: Employees will not be reimbursed for personal items such as clothing, haircuts, drugstore items, personal reading material, the theater, or other personal amusements.  Damage to Personal Items: Damage to or loss of personal items such as cameras and jewelry that are not required for business purposes are the responsibility of the employee, and should be covered by personal homeowners’ or supplemental insurance.  Damage to luggage or briefcases caused by normal wear and tear is non-reimbursable.  Business Gifts/Flowers: Gifts to employees are prohibited, except for lifecycle events. One gift per event from the Company (i.e. not per employee) up to $150 is allowed. Gifts for retirement must be coordinated through the Human Resources department.

Other non-reimbursable expenses include, but may not be limited to the following:  Airline Club Dues  Baby-Sitter Fees

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 Sightseeing Expenses  Child or Pet Care

6.8 Items to be Paid Through Accounts Payable Employees will generally not be reimbursed for items that can be ordered through established vendors and paid through the Accounts Payable Department unless there are extraordinary circumstances. One such circumstance would be if the vendor requires immediate payment directly from the employee.

6.9 Medical Expenses The costs for medicine or medical treatment resulting from accident or illness while traveling on Company business are not reimbursable business expenses. The Company maintains health and worker’s compensation insurance for this purpose and any claim must be processed through those channels.

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