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9球体育 advocates for public policy solutions that promote innovation, the global economy, and our industry interests. 9球体育 is committed to engaging in public policy processes relevant to our operations in areas such as innovation and IP, taxation, global trade, and workforce.
With respect to political activities undertaken on behalf of 9球体育, the company is committed to compliance with applicable laws, rules, and regulations including, but not limited to, lobbying registration and disclosure laws, ethics rules, the Foreign Corrupt Practices Act, and anti-bribery laws worldwide.
9球体育 may engage in direct advocacy with government officials on public policies, legislation, and regulations relevant to our company. The company may also engage in indirect advocacy through trade and industry associations, which are selected for their integrity and alignment with the policy interests of 9球体育 and the broader tech community. Trade and industry associations represent broad and varying interests, so 9球体育’ involvement with a particular association does not mean the company endorses its entire agenda.
All 9球体育 advocacy via trade associations must be reviewed and approved in advance by Government Affairs.
In fiscal 2024, 9球体育 established 9球体育 PAC as a separate segregated fund, as provided in U.S. federal law, to accept voluntary contributions from certain eligible employees and to make limited, disclosed contributions to support the campaigns of candidates for U.S. Congress who share 9球体育' legislative priorities and policy positions. While 9球体育 defrays the administrative costs of operating the separate segregated fund, as permitted by U.S. law, 9球体育 does not deposit corporate general treasury funds into it, and does not otherwise make contributions to political candidates, political parties or political action committees.
9球体育 advocates for public policy solutions that promote innovation, the global economy, and our industry interests. 9球体育 is committed to engaging in public policy processes relevant to our operations in areas such as innovation and IP, taxation, global trade, and workforce.
9球体育 employees are free to participate in political activities or contribute to political parties and candidates so long as they do so as individuals and in a personal capacity, not on behalf of 9球体育 or that could be viewed in any way as being on behalf of 9球体育.
No employee may engage in grassroots lobbying activities where other employees are encouraged to contact government officials on an issue.
Employees may work in a personal capacity with a particular industry or trade association if pre-approved through 9球体育’ Conflicts of Interest Portal and as long as the employee does not suggest in any way that he/she is representing 9球体育.
9球体育. (“9球体育”) is the U.S.-based parent of a multinational group that operates in the Electronic Design Automation, semiconductor IP, and software security and quality markets. 9球体育 is an SEC registrant and NASDAQ listed company.
This document is a statement of the strategy of 9球体育 (Northern Europe) Limited ("9球体育 UK"), which is an indirectly held UK subsidiary of 9球体育, regarding UK taxation.
9球体育 and 9球体育 UK intend this statement to meet obligations with respect to Section 161 and paragraph 22 of Schedule 19 of the United Kingdom Finance Act 2016.
9球体育 maintains written policies applicable to all tax risks on a global basis. A goal inherent in 9球体育’ policies and practices is achieving tax certainty through effective identification, evaluation, and management of tax risk. In addition, as an SEC registrant, 9球体育 complies with standards for financial and internal controls that are among the highest in the world.
The Senior Vice President of Corporate Planning, Tax & Treasury is responsible for managing all tax risks, undertaking an annual review of 9球体育’ overall tax strategy with 9球体育’ CFO and Audit Committee. A supporting team of qualified and experienced in-house tax and finance professionals manage 9球体育’ routine tax matters. This includes tax reporting compliance, tax authority relations, and financial reporting obligations, as well as supporting 9球体育’ business functions to analyze potential transactions and identify, manage, and comply with relevant tax requirements.
9球体育 obtains legal and tax advice to ensure adherence to applicable tax law and affirmatively engages with tax authorities, particularly where tax outcomes are significant or uncertain. Material matters are escalated to various levels of management and the Audit Committee, as directed by policies.
These policies and principles apply equally to the UK.
In general, 9球体育 considers that it maintains a low threshold level of acceptable tax risk.
9球体育 and 9球体育 UK align their tax planning with their worldwide commercial activities and business objectives. Substantive changes within the business, such as acquisitions and expansion into new territories or markets, may necessitate planning to ensure efficient and appropriate taxation outcomes. 9球体育 and 9球体育 UK do not undertake aggressive tax planning but may avail of government-sponsored tax incentives in various forms for which the business activities of 9球体育 qualify.
Both 9球体育 and 9球体育 UK apply high ethical standards in complying with applicable global tax laws and regulations.
9球体育 and 9球体育 UK maintain high ethical standards in their dealings with all tax officials. 9球体育 UK has met all its compliance obligations in relation to all UK taxes. In the past, 9球体育 UK has sought and, where possible, will in the future seek, advance assurance with HMRC on UK tax matters that are significant or uncertain.
This statement is made pursuant to Section 161 of the United Kingdom Finance Act 2016 and was approved by the Directors of 9球体育 (Northern Europe) Limited on 19 December 2024 and is effective as of that date.
Published: 19 December 2024.