2026-09-23T11:31:23-05:00 2024-12-31 135565207 KPMG LLP 1735 MARKET STREET PHILADELPHIA PA 19103 990 2024-01-01 362746754 GS1 US INC GS1U 6096200200 300 CHARLES EWING BLVD EWING NJ 08628 YEGNESWARAN KUMAR CFO 6096200200 2026-09-22 1 0 PHILLIP E GROFF P01247783 2672567000 2026-09-22 2024 X ROBERT CARPENTER 300 CHARLES EWING BLVD EWING NJ 08628 500158709 0 X WWW.GS1US.ORG X 1971 DE THE PURPOSE OF GS1 US, INC. IS TO ENABLE INDUSTRIES TO OPERATE MORE EFFICIENTLY AND EFFECTIVELY, THEREBY SERVING THE INTERESTS OF MEMBERS AND CUSTOMERS BY DEVELOPING, RECOMMENDING, PROMOTING, OVERSEEING, AND SECURING ADMINISTRATION OF EFFECTIVE GLOBAL SUPPLY CHAIN MANAGEMENT STANDARDS AND TECHNIQUES. 20 19 261 23 208377 173933 0 0 79651296 82801363 14942604 105962124 0 0 94593900 188763487 0 0 0 0 46326659 45505768 0 0 0 43152838 44944174 89479497 90449942 5114403 98313545 460202702 501466441 63730270 61325409 396472432 440141032 SEE SCHEDULE O, PART I DESCRIPTION. 0 0 STANDARDS - GS1 US MISSION IS TO HELP ORGANIZATIONS OF ALL SIZES RANGING FROM LARGE MULTI-NATIONAL CORPORATIONS TO SMALL START-UP BUSINESSES UNIQUELY AND CONSISTENTLY IDENTIFY PRODUCTS, ASSETS, SHIPMENTS, AND PHYSICAL LOCATIONS THROUGHOUT THE GLOBAL SUPPLY CHAIN. THESE FOUNDATIONAL ELEMENTS ENABLE TRADING PARTNERS TO EXCHANGE INFORMATION CRITICAL TO THEIR BUSINESSES. ADVISORY SERVICES - GS1 US CUSTOMIZES GUIDANCE AND INDUSTRY-SPECIFIC EXPERTISE TO HELP ORGANIZATIONS IMPLEMENT GS1 STANDARDS. EDUCATION & TRAINING - THROUGH CERTIFICATE COURSES, WORKSHOPS, AND BOTH LIVE AND ON-DEMAND EDUCATIONAL WEBINARS, GS1 US HELPS ORGANIZATIONS UNDERSTAND HOW TO USE GS1 STANDARDS TO HELP INNOVATE, OPERATE MORE EFFICIENTLY, AND BUILD CAPABILITIES THAT DRIVE YOUR BUSINESS. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 65 0 1 261 1 1 1 0 0 0 1 1 0 1 0 X 20 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X CRAIG WELLENS 6096204612 300 CHARLES EWING BOULEVARD EWING NJ 08628 ROBERT CARPENTER CEO & BOARD MEMBER 40.00 0.00 X X 3491151 0 828267 PAVAN HEDA BOARD MEMBER 1.00 0.00 X 0 0 0 SAM HEYWORTH BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN INWRIGHT CHAIR & BOARD MEMBER 1.00 0.00 X X 15841 0 0 JAMES TODD BOARD MEMBER 1.00 0.00 X 0 0 0 SUSAN MOFFATT-BRUCE BOARD MEMBER 1.00 0.00 X 0 0 0 KRAIG NARR BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN PHILLIPS BOARD MEMBER 1.00 0.00 X 0 0 0 SCOTT GAFFNEY BOARD MEMBER 1.00 0.00 X 0 0 0 BALA PRASANNA BOARD MEMBER (ENDED 8/24) 1.00 0.00 X 0 0 0 RANDY SKODA BOARD MEMBER 1.00 0.00 X 0 0 0 BRAD SPICKERT BOARD MEMBER 1.00 0.00 X 0 0 0 MIKE STIGERS BOARD MEMBER 1.00 0.00 X 0 0 0 DICK TRACY BOARD MEMBER 1.00 0.00 X 0 0 0 CHARLES SCHAFER BOARD MEMBER (ENDED 5/24) 1.00 0.00 X 0 0 0 SANJAY SARMA BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN DICK BOARD MEMBER 1.00 0.00 X 0 0 0 RENAUD DE BARBUAT BOARD MEMBER 1.00 0.00 X 0 0 0 DAVE DELAUS BOARD MEMBER 1.00 0.00 X 0 0 0 DAVE BORNMANN BOARD MEMBER (ENDED 11/24) 1.00 0.00 X 0 0 0 ALFREDO COLAS VICE CHAIR & BOARD MEMBER 1.00 0.00 X X 0 0 0 KEVIN URBAN BOARD MEMBER (ENDED 5/24) 1.00 0.00 X 0 0 0 MIKE CAPSAMBELLIS BOARD MEMBER (STARTED 5/24) 1.00 0.00 X 0 0 0 ANTONIO LEE BOARD MEMBER (STARTED 5/24) 1.00 0.00 X 0 0 0 YEGNESWARAN KUMAR SVP, CFO 40.00 0.00 X 1084207 0 227301 SIOBHAN O'BARA SVP, COMMUNITY ENGMNT (ENDED 3/24) 40.00 0.00 X 576973 0 30877 MELANIE HILTON SVP COMMUNITY ENGAGEMENT 40.00 0.00 X 668792 0 151732 CARRIE WILKIE SVP, STANDARDS AND TECHNOLOGY 40.00 0.00 X 624685 0 52726 WILLIAM STRAWDERMAN SVP, MARKETING 40.00 0.00 X 520430 0 135367 RUCHI DATTA VP & GENERAL COUNSEL 40.00 0.00 X 489261 0 109160 ANGELA FERNANDEZ SVP, MARKET DEVELOPMENT 40.00 0.00 X 441321 0 118327 WILLIAM FRASER VP, TECHNOLOGY 40.00 0.00 X 423776 0 100172 JOHN HODERNY SVP, HUMAN RESOURCES 40.00 0.00 X 444083 0 125576 JESUS URRIOLA VP, PRODUCT MANAGEMENT 40.00 0.00 X 339281 0 34567 CRAIG WELLENS VP & CORPORATE CONTROLLER 40.00 0.00 X 391676 0 95016 RYAN RICHARD VP, COMMUNITY ENGAGEMENT 40.00 0.00 X 369808 0 66297 MICHELLE COVEY VP, COMMUNITY ENGAGEMENT 40.00 0.00 X 389795 0 73326 GENA SMITH MORGAN VP, STANDARDS 40.00 0.00 X 364366 0 64873 SANDRA KOZUSKO VP, EDUCATION AND TRAINING 40.00 0.00 X 334103 0 47092 10969549 0 2260676 153 0 1 0 THE BAILEY GROUP 200 W GERMANTOWN PIKE PLYMOUTH MEETING PA 19462 MARKETING 2669644 PROSOFT LLC PO BOX 772353 DETROIT MI 48277 IT CONSULTING 2430372 ICROSSING 15163 NORTH SCOTTSDALE RD SUITE C- SCOTTSDALE AZ 85254 MARKETING 2397175 HITACHI SOLUTIONS AMERICA LTD 100 SPECTRUM CTR DR STE 350 IRVINE CA 92618 IT CONSULTING 935249 NESS USA INC SOUTHPOINTE PLZ I 400 SOUTHPOINTE CANONSBURG PA 15317 IT CONSULTING 894893 35 MEMBERSHIP DUES 541900 77166108 77166108 PROGRAM/CONFERENCE REV 541900 5098855 5098855 SHARED SERVICES FEES 541900 536400 536400 82801363 7572897 208377 7364520 409784449 311336504 58718 98447945 -58718 98389227 98389227 188763487 82801363 208377 105753747 X 11033871 25769498 1543246 4800130 2359023 564379 199992 791219 12948212 3405787 744495 5415212 1434317 1679840 3463164 5764810 5311691 234550 BANK FEES 1827991 SUBSCRIPTIONS 980064 TEMPORARY SERVICES 91971 INCOME TAXES 86480 90449942 4081259 5295386 494235 327037 8276000 7794921 6104026 7931107 44301119 33078069 12386571 11223050 263467401 240525068 152694277 217018622 12698933 11351250 460202702 501466441 25761815 23282191 24992266 26108610 12976189 11934608 63730270 61325409 X 396472432 440141032 396472432 440141032 460202702 501466441 98313545 -54644945 0 X X 0 1 X 1 0 0 1 0 5230085 2521951 2708134 1147699 558955 588744 37923335 29997163 7926172 11223050 HEDGE FUND OF FUNDS 84777071 F REAL ESTATE INVESTMENT TRUST 17985485 F FIXED INCOME 95872489 F MULTI-STRATEGY PRIVATE EQUITY 12645186 F MULTI-STRATEGY PRIVATE DEBT 5738391 F 217018622 DUES PAYABLE 1399012 LONG TERM OPERATING LEASE LIABILITY 10535596 11934608 X 133386041 -54644945 -54644945 188030986 791219 -58718 732501 188763487 89717441 0 89717441 791219 -58718 732501 90449942 PART X, LINE 2: INCOME TAXES THE FOLLOWING STATEMENT IS THE FOOTNOTE IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR UNCERTAIN TAX POSITION UNDER ASC 740-10 (FIN 48): GS1 US HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING THAT THEY ARE EXEMPT FROM TAXATION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AND ARE RECOGNIZED AS A SECTION 501(C)(6) ORGANIZATION. GS1 US RECOGNIZES INCOME TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. MANAGEMENT HAS CONCLUDED THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT NEED TO BE RECORDED. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS FROM SALE OF ASSET -58,718. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS FROM SALE OF ASSET -58,718. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 89253294 0 0 0 0 0 0 89253294 0 89253294 1 0 1 1 1 0 SCHEDULE F, PART I, LINE 3, COLUMN (F) THE ACCOUNTING METHOD IS ACCRUAL. X X X 1 0 X X X X 0 1 0 ROBERT CARPENTER CEO & BOARD MEMBER 829198 0 848364 0 1813589 0 782569 0 45698 0 4319418 0 482724 0 YEGNESWARAN KUMAR SVP, CFO 441240 0 228050 0 414917 0 194084 0 33217 0 1311508 0 107272 0 MELANIE HILTON SVP COMMUNITY ENGAGEMENT 315821 0 150461 0 202510 0 120937 0 30795 0 820524 0 51022 0 CARRIE WILKIE SVP, STANDARDS AND TECHNOLOGY 303020 0 152558 0 169107 0 36685 0 16041 0 677411 0 42504 0 WILLIAM STRAWDERMAN SVP, MARKETING 256124 0 139070 0 125236 0 89264 0 46103 0 655797 0 33868 0 SIOBHAN O'BARA SVP, COMMUNITY ENGMNT (ENDED 3/24) 91008 0 227874 0 258091 0 27600 0 3277 0 607850 0 67349 0 RUCHI DATTA VP & GENERAL COUNSEL 296440 0 116823 0 75998 0 60175 0 48985 0 598421 0 19599 0 JOHN HODERNY SVP, HUMAN RESOURCES 245822 0 103536 0 94725 0 77298 0 48278 0 569659 0 27746 0 ANGELA FERNANDEZ SVP, MARKET DEVELOPMENT 279201 0 95203 0 66917 0 73108 0 45219 0 559648 0 17373 0 WILLIAM FRASER VP, TECHNOLOGY 262642 0 94030 0 67104 0 52668 0 47504 0 523948 0 17157 0 CRAIG WELLENS VP & CORPORATE CONTROLLER 243840 0 86671 0 61165 0 48733 0 46283 0 486692 0 15666 0 MICHELLE COVEY VP, COMMUNITY ENGAGEMENT 223928 0 108482 0 57385 0 47389 0 25937 0 463121 0 14782 0 RYAN RICHARD VP, COMMUNITY ENGAGEMENT 233509 0 77855 0 58444 0 47567 0 18730 0 436105 0 15241 0 GENA SMITH MORGAN VP, STANDARDS 252492 0 86742 0 25132 0 48850 0 16023 0 429239 0 0 0 SANDRA KOZUSKO VP, EDUCATION AND TRAINING 233146 0 76257 0 24700 0 46341 0 751 0 381195 0 0 0 JESUS URRIOLA VP, PRODUCT MANAGEMENT 241560 0 78255 0 19466 0 33812 0 755 0 373848 0 0 0 PART I, LINE 1A THE FOLLOWING INDIVIDUALS RECEIVED COMPANION TRAVEL BENEFITS THAT WERE TREATED AS TAXABLE COMPENSATION: AMY BEHM, JEFF JORGENSEN, SAM SHUPPERT, GENA MORGAN, RYAN RICHARD, MELANIE HILTON, JON GREGORY, AND JOHN INWRIGHT. THE FOLLOWING INDIVIDUALS RECEIVED A TAX GROSS UP ON GIFTS THAT WERE TREATED AS TAXABLE COMPENSATION: ROBERT CARPENTER, YEGNESWARAN KUMAR, CARRIE WILKIE, BILL STRAWDERMAN, ANGELA FERNANDEZ, MELANIE HILTON, JOHN HODERNEY, HOPE BOLASCI, AND HUSSAM EL-LEITHY. THE FOLLOWING INDIVIDUALS RECEIVED FIRST-CLASS AIRFARE REIMBURSEMENTS: SCOTT GAFFNEY, JOHN INWRIGHT, KEVIN URBAN, SAM HEYWORTH, ALFREDO COLAS, TODD JAMES, AND MIKE STIGERS. PART I, LINE 4B THE INDIVIDUALS LISTED BELOW ARE PARTICIPANTS IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THESE ACCRUALS ARE INCLUDED IN THE AMOUNTS REPORTED IN PART II, COLUMN C (DEFERRED COMPENSATION). - ROBERT CARPENTER - $107,469 - YEGNESWARAN KUMAR - $26,484 - MELANIE HILTON - $10,837 - CARRIE WILKIE - $9,085 - WILLIAM STRAWDERMAN - $5,206 - RUCHI DATTA - $6,642 - JOHN HODERNY - $1,323 - ANGELA FERNANDEZ - $3,216 - WILLIAM FRASER - $2,034 - MICHELLE COVEY - $39 THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING THE YEAR BUT DID NOT HAVE ANY AMOUNTS ACCRUED OR PAID: - SANDRA KOZUSKO - GENA MORGAN - RYAN RICHARD - JESUS URRIOLA - CRAIG WELLENS GS1 US HAS AN ESTABLISHED LONG-TERM INCENTIVE PLAN (LTIP) THAT IS LIMITED TO KEY EXECUTIVES TO RECOGNIZE INDIVIDUAL PERFORMANCE IN ACHIEVING STRATEGIC AND OPERATING OBJECTIVES. THE LTIP IS APPROVED BY THE HR/COMPENSATION COMMITTEE OF THE BOARD OF GOVERNORS. THE LTIP IS PAID OUT OVER THREE YEARS AND SCHEDULE J, PART II COLUMN (C) INCLUDES THE AMOUNTS DEFERRED AND NOT PAID OUT WITHIN 2 AND A HALF MONTHS AFTER THE YEAR END. SCHEDULE J, PART II COLUMN (F) INCLUDES THE AMOUNTS THAT WERE PREVIOUSLY REPORTED AS DEFERRED COMPENSATION ON A PRIOR FORM 990. FORM 990, PART VI, SECTION A, LINE 6 GOVERNANCE, MANAGEMENT, AND DISCLOSURE THE BYLAWS OF GS1 US, INC. (THE "CORPORATION") PROVIDE THAT A MAJORITY OF THE MEMBERS OF THE BOARD OF GOVERNORS (THE GOVERNING BODY OF THE CORPORATION) SHALL BE INDIVIDUALS WHO HAVE BEEN NOMINATED BY THE EXECUTIVE LEADERSHIP COMMITTEES OF THE INDUSTRY INITIATIVES. MEMBERS OF THE CORPORATION ARE ADMITTED UPON OBTAINING A COMPANY PREFIX, A GS1 IDENTIFICATION KEY AND/OR JOINING AN INDUSTRY INITIATIVE AND PAYING THE APPLICABLE DUES AND FEES. AN INDUSTRY INITIATIVE IS ANY ONE OF SEVERAL INDUSTRY-SPECIFIC INITIATIVES FORMED BY THE CORPORATION TO SUPPORT MEMBERS BY DEVELOPING, RECOMMENDING, PROMOTING, OVERSEEING, AND SECURING ADMINISTRATION OF EFFECTIVE GLOBAL SUPPLY CHAIN MANAGEMENT STANDARDS AND TECHNIQUES APPLICABLE TO THE SPECIFIED INDUSTRY. THE GOVERNING BODY OF EACH INDUSTRY INITIATIVE IS ITS EXECUTIVE LEADERSHIP COMMITTEE, THE MEMBERS OF WHICH ARE ELECTED BY THE MEMBERS OF SUCH INDUSTRY INITIATIVE. FORM 990, PART VI, SECTION A, LINE 7A SEE SCHEDULE O, SECTION A, LINE 6. FORM 990, PART VI, SECTION A, LINE 7B AS EXPLAINED IN THE NARRATIVE RESPONSE TO QUESTION 6 OF PART VI, SECTION A, THE PROCEDURES FOR APPOINTMENT OF MEMBERS OF THE BOARD OF GOVERNORS EFFECTIVELY RESERVE ALL GOVERNANCE DECISIONS OF THE ORGANIZATION TO THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE COMPANY AND IN CONSULTATION WITH GS1 US, INC. STAFF MEMBERS. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN REVIEWED BY THE COMPANY'S FINANCE DEPARTMENT AND CERTAIN MEMBERS OF THE LEADERSHIP TEAM (CEO, HEAD OF HUMAN RESOURCES, CFO, AND GENERAL COUNSEL). A COPY OF THE FORM IS PROVIDED TO THE BOARD OF GOVERNORS (DIRECTORS), FINANCE AND AUDIT COMMITTEE, AND HR AND COMPENSATION COMMITTEE FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C GS1 US, INC. HAS A CODE OF ETHICS/CONFLICT OF INTEREST POLICY REQUIRING EXECUTIVES, BOARD MEMBERS, MANAGERS, AND ALL OTHER EMPLOYEES TO REVIEW THE POLICY ANNUALLY AND COMPLETE A NOTIFICATION OF COMPLIANCE FORM. EMPLOYEES AND BOARD MEMBERS ARE ASKED TO ACKNOWLEDGE THEIR COMPLIANCE WITH THE POLICY AND/OR DISCLOSE ANY POTENTIAL CONFLICTS EACH YEAR. WHEN ENCOUNTERING POTENTIAL CONFLICTS OF INTEREST, BOARD MEMBERS SHALL IDENTIFY THE POTENTIAL CONFLICT AND, AS REQUIRED, REMOVE THEMSELVES FROM ALL DISCUSSIONS AND VOTING ON THE MATTER. ANY DISCLOSED CONFLICTS OF INTERESTS ARE REVIEWED BY HUMAN RESOURCES AND ESCALATED AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE METHODOLOGY AND PHILOSOPHY USED BY GS1 US, INC. IN BENCHMARKING JOBS IN THE MARKET HAS BEEN IN PLACE SINCE 2004. IN ORDER TO SERVICE ITS MEMBERS, GS1 US, INC. MUST BE ABLE TO RECRUIT EMPLOYEES WITH APPROPRIATE SKILLS AND BACKGROUND FROM ORGANIZATIONS THAT ARE SIMILAR IN SIZE AND SCOPE TO ITS MEMBER BASE. FOR THE TOP EXECUTIVE POSITIONS, MARKET DATA ARE REVIEWED FROM A BENCHMARK GROUP WHICH CONSISTS OF ORGANIZATIONS WITH $50 MILLION TO $1.5 BILLION IN REVENUE. FROM TIME TO TIME, WHEN DATA DOES NOT EXIST IN THIS RANGE, WE MUST EXPAND THE SIZE OF THE BENCHMARK GROUP. THIS COMPARISON GROUP OF ORGANIZATIONS CLOSELY REFLECTS GS1 US, INC.'S LABOR MARKET FOR EXECUTIVE TALENT AND RECOGNIZES THE PAY LIMITATIONS THAT ARE IMPOSED ON TAX-EXEMPT ORGANIZATIONS. APPROXIMATELY EVERY TWO YEARS, GS1 US COMPLETES A FULL MARKET STUDY OF THE EXECUTIVE LEVEL POSITIONS THROUGH A THIRD-PARTY FIRM. GS1 US SUBSCRIBES TO THE WILLIS TOWERS WATSON GENERAL INDUSTRY EXECUTIVE COMPENSATION SURVEY - U.S. TO OBTAIN THIS MARKET DATA. FROM THIS DATA, THE COMPENSATION DEPARTMENT CREATES SALARY RANGES, MERIT BUDGETS, AND BONUS TARGETS. THIS DATA, ALONG WITH INDIVIDUAL EXECUTIVE COMPENSATION LEVELS, IS PROVIDED ANNUALLY TO THE COMPENSATION COMMITTEE OF THE BOARD AND THEN TO THE BOARD PLANNING COMMITTEE FOR FINAL APPROVAL. INDIVIDUALS INVOLVED IN THE COMPENSATION DETERMINATION PROCESS ARE INDEPENDENT WITH RESPECT TO EACH ARRANGEMENT AT ISSUE AND WILL RECUSE THEMSELVES FROM THE PROCESS IN THE EVENT A CONFLICT OF INTEREST ARISES (I.E., COMPENSATION COMMITTEE MEMBERS DO NOT PARTICIPATE IN SETTING THEIR OWN SPECIFIC COMPENSATION ARRANGEMENTS). GS1 US, INC. MAINTAINS RECORDS OF THE COMPENSATION DETERMINATION PROCESS, BOTH IN THE BOARD MINUTES AND HUMAN RESOURCES DEPARTMENT RECORDS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNANCE, MANAGEMENT, AND DISCLOSURE NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER CONSULTING EXPENSES 12,557,273. OTHER RECRUITING EXPENSES 390,939. FORM 990, PART XII, LINE 2: FINANCIAL STATEMENTS AND REPORTING GS1 US, INC.'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM AS PART OF A CONSOLIDATED FINANCIAL STATEMENT THAT INCLUDES RELATED ENTITIES. GS1 US, INC. HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF ITS FINANCIAL STATEMENTS AND FOR SELECTING AN INDEPENDENT ACCOUNTING FIRM. FORM 990, SECTION B - AMENDED RETURN EXPLANATION GS1 US, INC. IS AMENDING ITS 2024 FORM 990 TO CORRECT COMPENSATION REPORTING FOR INDIVIDUALS REPORTED ON PART VII AND SCHEDULE J. UPON IDENTIFYING THE OMISSION, GS1 US, INC. TOOK IMMEDIATE CORRECTIVE ACTION. THE AMENDED RETURN INCLUDES PREVIOUSLY OMITTED 457(F) PLAN ACCRUALS AND LONG-TERM INCENTIVE PLAN (LTIP) AMOUNTS EARNED OR ACCRUED DURING THE YEAR THAT WERE NOT PAID WITHIN 2 MONTHS AFTER THE END OF THE CALENDAR YEAR ENDING WITH OR WITHIN THE TAX YEAR AND THEREFORE ARE REPORTED AS DEFERRED COMPENSATION IN SCHEDULE J, PART II, COLUMN (C). IN ADDITION, COMPENSATION INCLUDED IN FORM W-2 WAGES THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION ON A PRIOR YEAR FORM 990 IS NOW REPORTED IN SCHEDULE J, PART II, COLUMN (F). PART VII, SECTION A AND SCHEDULE J HAVE BEEN REVISED TO REFLECT THE CORRECTED COMPENSATION AMOUNTS, AND PART IX, LINES 5-9, HAVE BEEN REVISED TO REFLECT THE RELATED COMPENSATION EXPENSE. SCHEDULE J, PART III PROVIDES SUPPLEMENTAL INFORMATION DESCRIBING THE DEFERRED COMPENSATION ARRANGEMENTS AND THE BASIS USED TO DETERMINE THE CORRECTED AMOUNTS. EPC GLOBAL US LLC 300 CHARLES EWING BOULEVARD EWING NJ 08628 134251995 PROMOTE EPC DE 0 0 GS1 US INC