The Abbvie Experience • Business Overview • Talent Practices Welcome to • Our Culture Abbvie! • Company Resources • Rewards & Benefits
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The AbbVie Experience • Business Overview • Talent Practices Welcome to • Our Culture AbbVie! • Company Resources • Rewards & Benefits ©2020 | Confidential | Do not distribute 2 AbbVie has as long history in healthcare dating back to 1888 with Abbott 130+ years of patient care Launched as AbbVie in 2013 Millions of lives touched ©2020 | Confidential | Do not distribute 3 The AbbVie Way ©2020 | Confidential | Do not distribute 4 Vision To be recognized as a biopharmaceutical company delivering a consistent stream of innovative medicines that solve serious health issues and have a remarkable impact on people’s lives. ©2020 | Confidential | Do not distribute 5 Our Principles Transforming Lives Acting with Integrity Driving Innovation Embracing Diversity & Inclusion Serving the Community ©2020 | Confidential | Do not distribute 6 A compelling growth story 2013 2014 2015 2016 2017 2018 On January 2, 2013, we AbbVie brands surpass We brought We expanded our We closed the year We exemplified our marked our first official 30 million patients Pharmacyclics into the neuroscience research with the #2 spot on culture of giving back, day as a new impacted around the AbbVie family and – including Alzheimer’s Barron’s 500. donating $350 million biopharmaceutical world and our first expanded our disease – with the to support U.S. company AbbVie-created commitment to opening of our 43,000- nonprofits. medicine is approved. identifying novel square-foot Cambridge treatments for cancer. Research Center in Massachusetts. ©2020 | Confidential | Do not distribute 7 2020 Priorities ©2020 | Confidential | Do not distribute 8 Therapeutic areas of focus • Immunology • Oncology • Neuroscience • Virology • Eye Care • Other Specialties • Gastroenterology • Cardiology • General Medicine • Women’s Health • Allergan Aesthetics ©2020 | Confidential | Do not distribute 9 AbbVie Products ©2020 | Confidential | Do not distribute 10 With Allergan, AbbVie has an expanded global footprint of state-of-the-art facilities Ireland: Ballytivnan Cork Sligo Ireland: Dublin Michigan, USA Galway Illinois, USA: Wyandotte Lake County Westport North Chicago New Jersey, USA: Branchburg Ludwigshafen, Germany California, USA: Madison Redwood City Massachusetts, USA: Marlow, United Kingdom San Francisco Cambridge Sunnyvale Worcester Pringy, France California, USA: Cincinnati, OH, USA Campbell Grâce-Hollogne, Belgium Dublin/Pleasanton Barceloneta, Irvine Puerto Rico (2) Campoverde, Italy Texas, USA: Houston Tokyo, Japan Waco Singapore, Singapore Heredia, Costa Rica Grande Guarulhos, Brazil AbbVie facilities Allergan facilities *Not all sites pictured We have market leadership in attractive growth segments #1 #2 Immunology Hematologic oncology Leadership in Women’s #1 health Aesthetics Leadership in #1 Eye care Global HCV ©2020 | Confidential | Do not distribute 12 External Recognition As a Top Company Workplace & Diversity Environment, Social and Citizenship Business Performance Governance DiversityInc. “Top 50 Companies for Civic 50 FORTUNE 100 Diversity” Dow Jones Sustainability World Index Corporate Responsibility Magazine’s FORTUNE World’s Most Admired FORTUNE “100 Best EcoVadis Corporate Social “100 Best Corporate Citizens” Companies Companies to Work For” Responsibility Assessment Gold Medal Great Places to Work “World’s Best FORTUNE/Great Places to Work Pharma Reptrak Most Reputable Workplaces” “Best Workplaces for Giving Back” Companies FTSE4Good Index Human Rights Campaign Corporate PEOPLE’s “50 Companies That Equality Index Care” S&P 500 ESG Index Science Magazine’s Top Employers Working Mother “100 Best Companies” *Most recent accolades as of 2019 ©2020 | Confidential | Do not distribute 13 Talent Practices ©2020 | Confidential | Do not distribute 14 Talent Philosophy ©2020 | Confidential | Do not distribute 15 Talent Philosophy Definitions Performance: We push ourselves and each other to reach high levels of performance to best serve our patients. Behaviors: We demonstrate the behaviors critical to driving AbbVie’s future performance and expect the same of our teams. Differentiation: We hold ourselves and each other to the highest standard and ensure that those employees who make the greatest contributions receive the greatest rewards. Accountability: We are each accountable for how we perform. Our leaders are also accountable for developing our people in ways that drive performance and support our culture. Transparency: We are honest and provide feedback to employees about their performance and future within the organization; what it takes to succeed and win at AbbVie. ©2020 | Confidential | Do not distribute 16 Raise the Bar: Talent Philosophy in Action 1 2 3 Set Expectations Observe and Coach Calibrate and Assess DECEMBER 1 – JANUARY 31 ALL YEAR YEAR END Focus each employee on three Actively guide employees to Assess employee performance; to five highly challenging goals; achieve higher performance; take results and behaviors. and one learning objective. Time to Talk in Q2 and Q3. People Leaders are accountable for driving "Raise the Bar" ©2020 | Confidential | Do not distribute 17 Our Culture ©2020 | Confidential | Do not distribute 18 The Ways We Work Driving Our Culture ©2020 | Confidential | Do not distribute 19 All For One AbbVie Core Leadership Attributes • Operates with an enterprise perspective, putting overall AbbVie before individual or functional interests. • Inspires and motivates others toward a shared purpose. • Influences colleagues to achieve cross-functional alignment. • Manages inclusively and equitably across all. We weigh all decisions against the common good. People Leader Attributes We inspire, share and create as a team. We solve • Selects and builds diverse, high-performing teams. problems for all rather than • Creates an inclusive environment where all direct serving our immediate team. reports can succeed. ©2020 | Confidential | Do not distribute 20 Decide Smart & Sure Core Leadership Attributes • Deals comfortably with risk and ambiguity, changing course when needed. • Knows the business and the cross-functional contribution needed to deliver results. • Makes timely, high-quality decisions with less than perfect information. • Lives AbbVie principles. Acts consistently with our ethics, obligations and the law. We make intelligent decisions to create the best People Leader Attributes outcomes. We act quickly, embrace experimentation, • Recognizes and rewards direct reports for the and learn what doesn’t work results produced. and get on to what does. • Deals with behavior and performance issues that do not meet AbbVie expectations in an appropriate and timely way. ©2020 | Confidential | Do not distribute 21 Agile & Accountable Core Leadership Attributes • Sets clear strategies and robust implementation plans. • Gives full accountability when delegating; accepts full accountability when delegated to by others. • Delivers business results while also positioning AbbVie for long term success. • Simplifies how work gets done; removes needless bureaucracy. We streamline and eliminate unnecessary obstacles. We People Leader Attributes plan but adapt as we go. We delegate and make tough • Sets clear goals that challenge direct reports to decisions to ensure focus on raise the bar on performance. results, staying keenly aware • Enables direct reports to adapt and move fast. of the urgency in all we do. ©2020 | Confidential | Do not distribute 22 Clear & Courageous Core Leadership Attributes • Acts respectfully yet courageously; says what needs to be said. • Manages conflict and difficult conversations in a constructive, transparent way. • Uses mistakes, failure and reflection as vehicles for learning and improvement. • Communicates openly and honestly with all colleagues. Open, honest, candid dialogue is core to our work and how we People Leader Attributes act with each other. We share information freely and • Respectfully provides transparent, accurate and continuously to find solutions. timely feedback to help direct reports improve We admit mistakes. We grow performance. stronger by putting the courage • Generates confidence and momentum through of our conviction to the test. times of change. ©2020 | Confidential | Do not distribute 23 Make Possibilities Real Core Leadership Attributes • Looks outside AbbVie for new ideas to stimulate innovation. • Connects unrelated concepts; generates original or unique ideas. • Creates an environment in which people appropriately experiment and challenge the status quo. • Finds ways to move good ideas forward through persistence and resilience. We question with endless curiosity. We’re never satisfied People Leader Attributes with good enough—patients depend on us to deliver more. • Develops direct reports and capable successors We challenge ourselves to find through coaching, stretch assignments and learning creative, constructive solutions opportunities. to turn possibilities into reality. • Removes obstacles and provides support that enables direct reports to achieve results. ©2020 | Confidential | Do not distribute 24 TRIVIA ©2020 | Confidential | Do not distribute 25 While never compromising patient health or safety, we act quickly, not allowing pace to be the captive of perfection. ©2020 | Confidential | Do not distribute 26 While never compromising patient health or safety, we act quickly, not allowing pace to be the captive of perfection. ©2020 | Confidential | Do not distribute 27 Embracing ideas from everywhere, we have the patience to let them develop, even as we push for results. ©2020 | Confidential