Justworks’ Impact Update

Introduction from Our President and CEO

All of us at Justworks feel that we have a special company with the potential to make entrepreneurship accessible for all.

We sum up our approach to Impact as ‘People Powered. Powering People.’ This focus on people runs through what we do, both for Justworkers and for our customers.

Our customers are mostly modern entrepreneurs. In fact, approximately over 70% of the people using Justworks today were born after 1980. We are at the front of the curve on a massive shift in workforce preferences and behaviors. Our customers want products that show off their values and a partner who takes a stand on important issues.

They also look to us to lead by example—from how we foster a culture of belonging and acceptance, to how we provide development opportunities for employees and adopt sound business practices.

As we look ahead to the future, we seek to lead with compassion and integrity to create more opportunities for more people—as we stand at the side of the entrepreneurs and small businesses who contribute so much to our economy and society.

Mike Seckler, Justworks President and CEO

This is Justworks, Inc.’s (‘Justworks’) inaugural Impact Update and it is meant to serve as a baseline for the future. Unless otherwise stated, the reporting period for this report is Justworks’ fiscal year 2022 (i.e., June 1, 2021–May 31, 2022). When we are referring to this period we may state it as FY22. If we refer to the year 2022, we are referencing the calendar year. The data in this report is not assured by a third party.

Impact Highlights

Our Approach

People Powered.

Our people power our business. We aim to foster an inclusive culture of belonging in which Justworkers can thrive, grow and realize their potential.

• Diversity, Equity, Inclusion, & Belonging: Our DEIB mission is to help every Justworker realize their full potential. Justworks is a place where no matter what you believe in, what you look like, or where you come from, you can apply yourself, embrace our values, and grow both as a professional and as a human being.

• Employee Engagement and Development: Our mission is to help people realize their potential—and this applies as much to our own employees as to our customers. Our focus is on hiring, developing and retaining great people.

• Employee Health and Wellbeing: We believe supporting our employees’ health and wellbeing is central to helping our employees realize their potential.

• Our Total Rewards Philosophy: We foster belonging and take care of our employees as reflected in our Total Rewards Philosophy, which covers our approach to pay and having a stake in company ownership, and our comprehensive package of benefits.

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Powering People.

We believe our people are driven by our mission to help entrepreneurs and businesses grow with confidence. These businesses create jobs, strengthen communities and spur innovation. They are an important part of our economy and our society. Through our social impact programs, we aim to create more equitable access to entrepreneurship. This is good for our business and good for the world.

• Advocating for Our Customers: We focus on issues that relate to our mission to break down the barriers to entrepreneurship, our DEIB efforts, and our sustainability goals. We also engage on issues that directly impact the way in which our customers operate and the lives of the 160,000 worksite employees we serve.

• Just Thrive: supporting underrepresented founders: The Just Thrive program supports underrepresented founders who are Justworks customers by providing more equitable access to the basic business infrastructure needed to get up and running.

• Jusworks.org: We set up our business to help other entrepreneurs to succeed. Through our Justworks.org program, we are reaching out beyond our own customer base to help break down barriers to access to entrepreneurship. We are specifically focused on supporting the growth of Minority and Woman Owned Enterprises (MWBE).

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How We Do Business.

How we operate provides strong foundations for our business, from ensuring digital security and data privacy to using energy efficiently, and applying high ethical standards.

• Climate and energy: As we grow at Justworks, we plan to continue exploring how we can improve our impact on climate change. We aim to continue to evaluate our processes and policies, analyze our relevant business activities, and work to find ways to lower our Greenhouse Gas emissions(GHG).

Our FY22 GHG footprint includes the Justworks office located in New York City, New York. Where data was not available, the calculation was based on estimates, as noted in the report.Justworks’ emissions were calculated following the guidance of the Greenhouse Gas Protocol (GHG Protocol). Except as otherwise noted in the report, industry-standard estimates based on spend have been applied to calculate all Scope 2 and Scope 3 categories. None of the GHG emissions data cited in the report have been verified, assured, or audited by a third party.

For more details on our GHG emissions and assumptions embedded within our calculations, please see the Climate and Enegey section in our report.

• Digital Securtiy and Privacy Our objectives for data privacy are to fulfill our obligations as a co-employer in the collection, use, and safeguarding of sensitive information, and to know how to respond (including with respect to disclosure obligations) in accordance with applicable laws and regulations.

• Business Ethics: Business ethics principles govern how our employees interact with each other, customers, vendors and other third parties. For us, it’s not just about complying with the rules, but also approaching each situation with our COGIS values and ethical lens as our anchor.