Telestream Corporate, Social, and Responsibility (CSR) Statement

At Telestream, we are committed to enabling and enhancing a brighter future for our people, the communities in which we work, and the planet. We aim to deliver sustainable solutions which positively impact the world in which we live by:

• Developing software that can be implemented in the cloud, on-premises or in hybrid models, allowing our customer’s to implement their media workflows on the most efficient infrastructure.
• Designing hardware solutions that embrace the latest generations of computing technology while also ensuring our software maximizes the underlying computing power of the hardware solutions, both allowing our customers to optimize the footprint of hardware required to perform their media processing thereby reducing energy consumption and ultimate electronic waste.
• Sourcing and designing recyclable hardware and packaging materials.
• Reducing our own environmental impact across our internal infrastructure by sourcing recycled materials, transitioning to an increasingly paperless work environment, and shifting an increasing amount of our infrastructure to more efficient, modern technologies.

Our People: Telestream’s Greatest Asset

As our greatest asset and contributors to our global citizenship, our top priority remains the well-being and advancement of our employees. We are deeply committed to the Telestream “family” and maintain an open culture that encourages our people to engage at all levels across the organization. To promote our approach across Telestream and build a global team committed to our mission, we invest heavily in our people through:

• Leadership development programs that promote diversity, equity, inclusion and belonging.
• Learning and development programs across the business that allow our employees to further enhance both their technical and soft skills.
• Providing internal opportunities for career advancement both within and across departments, promoting growth for our Telestream team members while bringing new ideas to our business.
• Maintaining best practice recruiting standards and interview processes to assess candidates based solely on their experience and job qualifications. We believe diverse teams are innovative teams, and as such, we’re committed to initiating every recruitment process with a mindful and intentional approach designed to eliminate bias and promote the collective success of all qualified candidates.
• Maintaining a robust on-boarding process for all new employees, ensuring new employees feel welcomed and integrated into the Telestream family. Our leadership team is committed to fostering a culture of belonging that supports successful integration of new employees and allowing all employees to build relationships across the business and have access to the tools necessary for them to be effective.
• Promoting a healthy and supportive work environment we’re all proud to be part of, while providing equal opportunities for training, advancement and promotion to all employees regardless of how they identify.

Telestream actively works to encourage a responsible approach in all we do and to ensure workplace safety within our own four walls. We strive to protect our critical assets and expect the highest ethical behavior from our people through:

• Annual code of conduct certification, which outlines our commitment to ethical business practices and the environment.
• Regular cybersecurity training for all of our employees and contractors to ensure we protect our business, our customers and our partners.
• Workplace safety and security training across our key sites.

In adhering to our commitment to the planet and sound corporate governance, we ensure our products and the suppliers with which we work align with our CSR objectives along with our Environmental, Social and Governance (ESG) criteria. We also ensure our team members that deal with product development and supply chain decisions are aware of and trained on the below objectives. This includes the following:

Our Products:

Telestream is committed to meeting all applicable regulatory requirements in each geography where our products are marketed and sold. In addition to country-specific compliance, throughout the development cycle, we ensure Telestream products adhere to RoHS (Directive on the Restriction of Hazardous Substances) and WEEE (Waste from Electrical and Electronic Equipment) initiatives. Telestream designs only with items that are compliant to the current RoHS requirements. Consistent with WEEE, all Telestream products are appropriately labeled for disposition after the useful life of the product. Where possible, all product packaging is designed be recycled and to be efficient in use while providing adequate protection to our products during transport.

Additionally, where applicable we maintain industry standard certifications and require such from our key partners. This includes ISO 9000 certification across certain of our sites and ensure our top suppliers maintain the highest industry standard certifications. We also have achieved and maintain SOC 2, Type 2 certification for our Telestream Cloud platform which ensures we have implemented and maintain effective controls from governance down to specific operating measures of our Telestream Cloud platform.

Our Partners:

We choose partners that share our values and commitments to being responsible global citizens. Our expectations of our suppliers are documented in our Telestream Supplier Handbook as well as distributed to our supply base on an annual basis. As we expect of ourselves, we expect Telestream partners and suppliers to be compliant to Conflict Minerals, Workplace safety and conditions, Human Trafficking & Slavery, and Environmental and Quality policies and expectations.

Who We Are:

Telestream® specializes in products that make it possible to get video content to any audience regardless of how it is created, distributed or viewed. Throughout the entire digital media lifecycle, from capture to viewing, for consumers through high-end professionals, Telestream products range from desktop components and cross-platform applications to fully-automated, enterprise-class digital media transcoding and workflow systems. Telestream enables users in a broad range of business environments to leverage the value of their video content.

Telestream customers include the world’s leading media and entertainment companies: content owners, creators and distributors. In addition, a growing number of companies supplying and servicing much larger markets such as ad agencies, corporations, healthcare providers, government and educational facilities, as well as video prosumers and consumers, are turning to Telestream to simplify the access, creation and exchange of digital media.

Founded in 1998, Telestream corporate headquarters are located in Nevada City, California. The company is privately held.