Bioventus Employee Benefits

Benefit Summary: January 1, 2022 – December 31, 2022

The following Benefits Guide highlights important elements of the 2022 Bioventus Benefit Plans for U.S. employees and their families. Use this information to align your personal benefit needs to the 2022 benefit offerings.

Benefit Summary: January 1, 2022 – December 31, 2022

Bioventus Employee Benefits

Innovations For Active Healing

Eligibility Employees . . . . . . . . . . . . . . 2

When to Enroll . . . . . . . . . . . . . . . . . . . 2

Medical – Aetna . . . . . . . . . . . . . . . . . 3

Aetna Resources . . . . . . . . . . . . . . . . . 4

Health Savings Account . . . . . . . . . . . 5

Medical – Kaiser . . . . . . . . . . . . . . . . . 6

Kaiser Resources . . . . . . . . . . . . . . . . . 6

Dental . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Vision . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Flexible Spending Accounts . . . . . . . 7

Life and Accidental Death & Dismemberment . . . . . . . . . . 8

Short- and Long-term Disability . . . . . 8

Retirement 401(k) . . . . . . . . . . . . . . . . 9

Accident Insurance. . . . . . . . . . . . . . . 9

Group Critical Illness . . . . . . . . . . . . . . 9

Hospital Indemnity . . . . . . . . . . . . . . 10

Student Debt Assistance . . . . . . . . . . 10

State Paid Family Leave . . . . . . . . . . 10

Additional Benefits . . . . . . . . . . . .10-11

Contacts . . . . . . . . . . . . . . . . . . . . . . . 12

2Benefit Summary: January 1, 2022 – December 31, 2022

Eligible EmployeesUnless otherwise stated, if you are a full-time or part-time employee regularly working at least 15 hours per week, you are eligible for coverage in Bioventus Health and Welfare benefit plans.

Eligible DependentsYour dependents who are eligible for coverage include your:• Legal spouse or domestic partner*.• Dependent children up to age 26 (or older, if your child

is permanently and totally disabled). – Life insurance and Accidental Death & Dismemberment

only covers unmarried dependent child(ren) until age 19 or 23 if a full-time student.

* If you add a dependent to your insurance coverage who does not qualify as a tax dependent under the Internal Revenue Code Section 152 and Notice 2010-38 (such as a domestic partner), contributions for your domestic partner will be deducted on a post-tax basis. You will also pay taxes on the fair market value of Bioventus contributions toward coverage and it is considered a taxable fringe benefit, subject to tax withholding. This calculated fringe benefit is known as imputed income.

When to Enroll• During the open enrollment period every fall. Your new elections made during this enrollment period

will be effective on Jan. 1 of the following year

• If you are a new hire or newly eligible. You have 31 days from your first day of eligibility to

enroll. If you enroll during this period, your benefits become effective on your date of hire or eligibility date.

• If you have a qualifying life event. You have 31 days from the day of your qualifying life

event to make elections.

TERMS To KnoW

Bi-Weekly Contribution - The amount you pay out of each paycheck.

Deductible - The amount you pay out-of-pocket when you go to the doctor, a facility or hospital. You must pay the full deductible first before the plan covers non-preventive services.

Copay - A flat fee you may pay for certain services and prescription drugs on some plans.

Coinsurance - A percent of the cost you incur after you have met your deductible.

out-of-Pocket Maximum - The most you could pay for covered services in the plan year. When you reach the out-of-pocket maximum, the plan pays 100% of your remaining eligible expenses.


Medical – Aetna

Choice PoS II Purple Choice PoS II Bronze Choice PoS II HDHP with HSABenefit network In-network Out-of-network In-network Out-of-network In-network Out-of-network

Funding N/A N/A $750/$1,500

Annual DeductibleEmployeeEmployee + 1Family

$500$1,000$1,000

$1,000$2,000$2,000

$900$1,800$1,800

$1,800$3,600$3,600

$1,500$3,000$3,000

$3,000$6,000$6,000

Preventive Care (you pay) $0 Not covered $0 Not covered $0 Not covered

Emergency Room (you pay)

$200 copay $200 copay $200 copay $200 copay 20% after deductible

20% after deductible

other non-preventive Services (you pay)Physician/specialist visitsHosptial (inpateint and outpatient)Mental health/substance abuse (inpatient and oupatient)

$25/$3520%

20%

40%40%

40%

$30/$5030%

30%

50%50%

50%

20%20%

20%

40%40%

40%

Medical out-of-Pocket MaximumsSingleEmployee + 1Family

$2,500$5,000$5,000

$4,500$9,000$9,000

$3,500$7,000$7,000

$7,000$14,000$14,000

$3,500$6,850$6,850

$7,000$13,700$13,700

Bi-Weekly Pre-tax Employee Contributions



Employee only $92.44 $57.78 $32.94

Employee + 1 $184.88 $115.56 $65.88

Family $346.41 $202.22 $106.41

Bioventus offers several health plan options that provide you great coverage at a reasonable cost. Coverage options available for each plan are Employee Only, Employee +1 dependent or Family. You should expect to pay a bi-weekly employee contribution out of your paycheck, as well as out-of-pocket costs such as deductible and applicable coinsurance, depending on the plan that you select. Use the Health Savings Account (HSA) or Flexible Spending Account (FSA) to help budget for costs such as deductible, coinsurance, prescriptions and more.

Health Savings Account (HSA)• Participants receive annual Bioventus-paid

HSA contribution: $750 EE Only and $1,500 EE + 1/Family (pro-rated based on enrollment date if after January 1; deposited in equal bi-weekly amounts)

• Contribute pre-tax up to IRS combined annual maximum: $3,650 EE/$7,300 EE + 1/Family; additional $1,000 catch-up contributions allowed for age 55+

• Full balance rolls over from year to year; all funds are yours to keep even if you terminate employment

Prescription CoverageWhen you enroll in a medical plan, you will automatically receive prescription drug coverage through Aetna. Your prescription drug costs are based on three different categories of prescription drugs.

network Pharmacy (31-day supply)

Mail order (90-day supply)

Generic $10 copay $20 copayPreferred $30 copay $60 copaynon-Preferred $50 copay $100 copay

Note: Prescription copays do not apply to members enrolled in the Choice POS II HDHP. All prescription costs are paid out of pocket until you reach your deductible, upon which prescriptions are then subject to the copays, listed above. For additional information, visit the Benefits area on Bionet.


Aetna Resources

Telemedicine Through TeledocTeladoc is an easy, convenient, affordable option for quality medical care accessible by phone! Licensed doctors can treat cold and flu symptoms, respiratory infections, mental health treatment, dermatology and more without a visit to the doctor’s office.

To get started, register online, on the Teladoc mobile app, or by phone: 1. www.Teladoc.com 2. Call 1-855-Teladoc (835-2362), or 3. Use your mobile phone at www.teladoc.com/mobile.

24-Hour nurse LineIf you have a health question you can reach out to a nurse at 800-556-1555.

Enhanced Maternity Management ProgramWith the enhanced maternity management program you will have support for family planning, fertility and postpartum care. Some additional features are genetic counseling, advanced data science to identify pregnancy risk factors, nurse advocates who provide infertility support, and education to address racial disparities in maternal health outcomes. Call Aenta at 800-272-3531 to sign up and visit www.aetnaresource.com/m/Bioventus for additional resources.

Aetna Discount ProgramLog in to your Aetna member website at www.aetnaresource.com/m/Bioventus, Health and Wellness, to find discounts on gym memberships, at home products, natural services, weight management, senior wellness, and much more.

Aetna one EssentialsAetna offers personalized nurse support to help you achieve your health goals. Whether you’re struggling with emotional issues or an advanced illness, Aetna will work with you and your family to provide guidance and support.

Healthy Lifestyle CoachingContact Aetna for confidential coaching to help you reach your goals. You choose the goals you want to work on such as handling stress, heating healthier, losing weight or getting active. You can take the program as fast or as slowly as you want and you can call or email you coach. Call Aetna at 866-213-0153 or go to your Aetna account and choose stay healthy, enroll in a health management program.

Bioventus Aetna micrositeVisit the Aetna website to easily search for in-network providers, view Aetna programs and resources, search how your prescription will be covered, and more.

Maintenance Choice ProgramYou can fill your maintenance medications in 90-day supplies at CVS Pharmacy or by CVS Caremark Mail Service Pharmacy.Your action is needed for medications you take regularly and you will need to choose where and how you fill your prescriptions. For most medications 90-day supplies will save you money and you can contact Aetna at 888-792-3862 to set up 90-day supply benefit.

PrudentRx Copay ProgramThe PrudentRx Copay Program allows Aetna Bronze and Aetna Purple enrolled members to avoid out-of-pocket expenses for all approved specialty medications with drug manufacturers copay assistance.

To enroll call PrudentRx at 800-578-4403.

https://www.aetnaresource.com/m/Bioventus


Health Savings AccountIf you enroll in the Aetna HDHP medical plan and are eligible for a health savings account, an HSA is set up for you upon enrollment.

The HSA is a tax-favored savings account that is owned by you. You can use money in your account to pay for qualified health care expenses, including deductibles and copays—or keep it for future expenses, even those you incur in retirement.

Are You Eligible For an HSA?You are not eligible for an HSA if you:• Are enrolled in Medicare or TriCare• Are covered by another healthcare plan that’s not a

qualified high deductible health plan• Can be claimed as a dependent on someone else’s

tax return• Are covered by veteran’s benefits and have used

Veterans Affairs medical services within the past three months. Veterans who have a service-connected disability can participate in an HSA regardless of when they received VA benefits.

• Are enrolled in or covered by a general purpose Healthcare Flexible Spending Account, including one through your spouse’s/domestic partner’s employer.

Here’s How the HSA Works:• Your contributions to the HSA are pre-tax. You select a

contribution amount when you enroll/re-enroll each year, and contributions are taken from your paycheck pre-tax.

• Bioventus also makes contributions to your account. • The maximum total annual contribution (yours and

Bioventus) to your HSA for 2022 is $3,650 for employee coverage and $7,300 if you cover dependents. You can contribute an additional $1,000 if you are age 55 or older.

• Any money in your HSA that you don’t spend stays in your account to help you save for future medical and retiree health care expenses.

• Your HSA has growth potential. When your balance reaches $2,000 you can invest your balance to earn even more.

• You own your account. You can change your contributions at any time and take the account with you if you leave Bioventus.

Bioventus Contributions to your Health Savings AccountBioventus automatically makes bi-weekly contributions to your health account to help offset medical expenses. You can receive up to $750 annually for single coverage or up to $1,500 for employee + 1 or family coverage. Amounts are pro-rated for enrollment after January 1.


Medical – Kaiser HMO Plan (CA Employees Only)

Kaiser HMo (CA only)Benefit network In-Network Only

Funding N/A

Annual Deductible None

Preventive Care $0

Emergency Room (you pay)

$50 copay

other non-preventive Services (you pay)

Physician/ Specialist visits

$20/$20

Hospital (inpatient and outpatient)

Inpatient: No charge Outpatient:

Facility fee $20/procedure Physician fees, no charge

Medical out-of-Pocket Maximums

Single $1,500

Employee + 1 $3,000

Family $3,000

Pharmacy

Retail Generic $15

Preferred $30

Non-Preferred $30

Mail orderGeneric $15

Preferred $30

Non-preferred $30


Employee only $56.06

Employee + 1 $112.12

Family $158.65

You must use Kaiser facilities and providers for your medical and pharmacy needs. Services received outside of the Kaiser network are not covered, except in the case of emergency medical care.

Kaiser Resources

Kaiser TelehealthMeet face-to-face with a doctor by video for the same high-quality care as an in-person visit. Appointments are often available same day or next day. Sign in to www.kp.org or use the Kaiser Permanente app to make an appointment. You can also call 833-574-2273.

Mental Health and WellnessDownload the Calm and myStrength apps at www.kp.org/selfcareapps to help build resilience, set goals, and take meaningful steps toward becoming healthier and happier. You can choose the areas you want to focus on – including managing depression, reducing stress, improving sleep, and more.

Support for a Healthy PregnancyVisit www.kp.org/classes to explore classes and programs for expecting parents as well as resources for your birth plan, breastfeeding, and information on your baby’s first few weeks at home.


Vision – VSP

EyeMed Vision Care

In-network out-of-networkRoutine Eye Examination(Every 12 months)

Covered in Full (exam and glasses)

Plan pays up to $50

Eyeglass Frames (Every 12 months)

Up to $130; 20% off balance over $130

Up to $54

Lenses (Every 12 months) Single vision Lined bifocal Lined trifocal Lenticular

Combined with annual exam

Up to $25Up to $40Up to $55Up to $100

Contact Lenses (instead of glasses)

Up to $130 Up to $104

Bi-Weekly Pre-tax Payroll DeductionsEmployee only $2.15Employee + 1 $5.79Family $10.88

VSP Vision Plan

Dental – Delta Dental of North Carolina

Delta Dental PPoAnnual Deductible $50 per personPreventive and Diagnostic Care Covered at 100%Basic Restorative Care 20% after deductibleMajor Restorative Care Crowns, bridges, dentures, implants, TMD treatment

50% after deductible

Annual Maximum Benefit $1,500 per person per calendar year

orthodontia (Adult and Child) 50%; deductible is waived

orthodontia Lifetime Maximum $1,000 per person

Bi-Weekly Pre-tax Payroll DeductionsEmployee only $5.65Employee + 1 $10.98Family $21.07

Flexible Spending Accounts – TRI-AD

Flexible Spending Accounts (FSAs) administered through TRI-AD let you set aside before-tax money via payroll deductions to pay for eligible out-of-pocket health care expenses and dependent care expenses throughout the year. You must enroll each year if you wish to contribute. Elections do not automatically carry over from year to year. Eligible expenses depend on the FSA selected. Visit www.irs.gov for details.

You are able to rollover up to $550 for Health Care FSA and Limited Health Care FSA plans as long as you participate in the plan next year.

Health Care FSA Dependent Care FSA Limited Health Care FSAEligible Anyone not enrolled in the

Choice POS II HDHP medical planAnyone with eligible dependents paying for eligible dependent care services

Choice POS II HDHP medical plan participants only

Purpose Reimburses you for out-of-pocket expenses for eligible medical, prescription drug, dental, and vision expenses incurred by you and your eligible dependents

Pay expenses for child and elder care for eligible dependents that allow you and/or your spouse to work (medical, dental and vision expenses are not eligible for reimbursement with this account)

Reimburses you for dental and vision expenses only

2021 IRS Maximum Contribution*

$2,750 $5,000 $2,750

*2022 IRS limits not available at time of publication.Your FSA contributions are deducted through regular payroll deductions, in equal amounts throughout the year. The full amount of your Health Care FSA or Limited Health Care FSA is available on upon enrollment, even though you have not fully funded the account.Your Dependent Care funds are only available to you after they have been deposited into your account each pay period.


Life and Accidental Death & Dismemberment (AD&D) Insurance – NY Life

Basic Life and AD&DAll eligible employees receive both basic life and basic AD&D insurance coverage through NY Life equal to two times your base salary, rounded to the next $1,000, to a maximum amount.

Coverage Who’s Covered DetailsCompany-provided insuranceBasic Life Insurance

You 2x annual base salary up to $1,000,000

Basic AD&D Insurance

You 2x annual base salary up to $1,000,000

Supplemental insuranceGroup Term Life Insurance

You 1x-3x annual compensation, up to the lesser of 3x your annual compensation of $1,500,000; 5x or $2,500,000 when combined with basic life

Spouse Life Insurance

Your spouse You can elect up to $100,000

Child Life Insurance

Dependent Children (6 months to 19, or age 23 if full-time student)

You can elect up to $15,000

Supplemental AD&D

You, your spouse and dependent children

Up to $500,000 benefits elected in units of $25,000 for both employee and spouseUp to $25,000 benefit for child(ren) and elected in units of $5,000

Short and Long Term Disability Insurance – NY Life

Disability benefits through NY Life help protect against loss of income similar to protecting your home, car, possessions, and your health with insurance. This coverage replaces a portion of your income if you are unable to work because of a disabling illness or injury. You will receive disability benefits from Bioventus automatically upon hire. You do not need to take any action. Read below for an overview of the coverage Bioventus provides you.

Short-term Disability Long-term disabilityBenefits you can receive 100% of pre-disability earnings 60% of pre-disability earningsMaximum benefit payable None Up to $15,000 per monthWaiting period 6 months N/ABenefit duration 13 weeks Varies depending on the age when your disability

begins

State Mandated Disability PlanDepending on where you live, you may be automatically enrolled in a state mandated temporary disability income plan. Your Bioventus STD and LTD benefit will be offset by any benefits you receive under this program.

Supplemental LifeIf you want additional coverage, you have the opportunity to purchase supplemental coverage for yourself, your spouse and dependent children.

Bi-Weekly Payroll Deductions

Age Voluntary Life EE Rate per $1,0000-24 $0.02 25-29 $0.03 30-34 $0.04 35-39 $0.04 40-44 $0.06 45-49 $0.09 50-54 $0.16 55-59 $0.26 60-64 $0.41 65-69 $0.67 70+ $1.74

Spouse & Child$.09 per $1,000 for Spouse Life$.05 per $1,000 for Child Life

Supplemental AD&DEmployee/Spouse $0.011 Child $0.012


Group Critical Illness – Aetna

Aetna Benefits Group Critical Illness Insurance offers a supplemental medical insurance product designed to pay a lump-sum benefit directly to the insured upon diagnosis of a covered critical illness. Bioventus offers two coverage options, $5,000 or $10,000. If you enroll your spouse or dependent, they will be covered at up to 50% of your maximum benefit amount.


Age $5,000 Coverage Amount $10,000 Coverage Amount

EE EE + SP EE + CH Family EE EE + SP EE + CH Family

<20 $0.36 $0.58 $0.36 $0.58 $0.70 $1.16 $0.70 $1.16

20-24 $0.44 $0.74 $0.44 $0.74 $0.90 $1.48 $0.90 $1.48

25-29 $0.58 $0.94 $0.58 $0.94 $1.18 $1.88 $1.18 $1.88

30-34 $0.78 $1.22 $0.78 $1.22 $1.56 $2.44 $1.56 $2.44

35-39 $1.06 $1.66 $1.06 $1.66 $2.14 $3.32 $2.14 $3.32

40-44 $1.58 $2.44 $1.58 $2.44 $3.18 $4.90 $3.18 $4.90

45-49 $2.46 $3.74 $2.46 $3.74 $4.90 $7.48 $4.90 $7.48

50-54 $3.88 $5.88 $3.88 $5.88 $7.76 $11.78 $7.76 $11.78

55-59 $5.92 $8.94 $5.92 $8.94 $11.84 $17.90 $11.84 $17.90

60-64 $8.56 $12.90 $8.56 $12.90 $17.12 $25.80 $17.12 $25.80

65-69 $11.84 $17.84 $11.84 $17.84 $23.70 $35.68 $23.70 $35.68

70+ $15.00 $22.58 $15.00 $22.58 $30.00 $45.16 $30.00 $45.16

Accident Insurance – Aetna

Group Accident insurance provides an additional form of supplemental medical insurance, by paying a lump-sum benefit directly to the insured upon a qualified accidental injury. As a Bioventus employee, you have access to two benefit options, Basic and Premier.

Basic Premier

$1,000 Initial Hospital Confinement with limitations*

$2,000 Initial Hospital Confinement with limitations*

*See policy for complete details and limitations


Tier Basic Premier

Employee $3.12 $5.92

Employee + Spouse $5.60 $10.64

Employee + Child $5.96 $11.52

Family $8.14 $15.72

• Bioventus matches 100% of the first four percent and 50% of the next two percent of your pre-tax contribution up to the amounts allowable by IRS guidelines. You may also participate in a Roth after tax plan.

• This plan allows for a discretionary company contribution (referred to as the Bioventus Profit Sharing Plan) and if the company’s Adjusted Global EBITDA is between 106% and 108% of target for 2022, Bioventus, in its discretion, may make a discretionary contribution to the 401(k) plan.

• Vesting: 25% per year with 100% after 4 years of service.

• All contributions must adhere to IRS maximum contribution guidelines.

401(k) Retirement Savings Plan – Fidelity

These coverages are portable and you will receive a notice regarding this from Aetna when coverage has terminated.



Additional Benefits

Identity, Financial and Privacy Protection Program through AllstateBioventus offers additional protection for you and your family’s identity, financials and privacy. The Allstate benefit proactively detects and prevents fraud through credit monitoring, password management solutions, and a one-million dollar identity theft insurance policy. For more information on this important benefit, please visit www.myaip.com.


Employee only $4.59

Family $8.28

Legal Services through ARAG Through ARAG Legal Services, you have access to legal advice and representation from a wide network of 11,000 qualified attorneys. Features include low monthly costs for a variety of situations.


UltimateAdvisor Plus® $11.19

UltimateAdvisor® $7.27

Business Travel Accident (BTA)Employees who must travel on business are covered under Bioventus’ BTA policy. The BTA provides an additional accidental death benefit of 5x your annual base salary up to $500,000.

As a Bioventus employee, you are automatically enrolled in this coverage.

Pet Insurance through nationwide Bioventus aims to protect all members of your family, including your pets. Pet Insurance is being offered through Nationwide. Two coverage options are available to you, Pet Protection and Pet Protection + Wellness, within these coverage options you may choose either 50, 70 or 90% reimbursement levels (some exclusions may apply). The Wellness offering includes routine care, whereas the Pet Protection option covers unexpected illnesses and accident only. Pet insurance functions similar to medical insurance, with a deductible to be met before coverage begins.

Rates will vary by age, location, and breed. Please visit http://www.petinsurance.com/bioventus or call Nationwide at 877-738-7874 for more information and to enroll in the plan. You can enroll in this coverage any time throughout the plan year.

State Paid Family Leave

Employees who live or work in New York, Massachusetts and Washington State will see a payroll deduction for Paid Family Leave. The deduction is required and the amount is regulated by the state. Other states may be added as a result of changes in state laws.

Student Debt Assistance

If you have student loans, you may be eligible for this amazing benefit, and extra contribution each month towards your student debt!• Why? Because we want to help. We understand the

impact student loans may have on your life and see how hard you work to pay them off. Signing up is quick and easy. Once your loan eligibility is verified, you’ll start receiving an extra contribution of $100 per month up to a lifetime maximum of $9,000.

• If you are a regular full-time employees with at least 6 months of service and in good standing you are eligibile to participate in the Program.

• If you are participating in the tuition reimbursement program you are not eligible.

(Continued)

Hospital Indemnity – Aetna

Group Hospital Indemnity Insurance provides supplement insurance by paying a benefit payment per day to you to be used in any capacity while admitted to a hospital. As a Bioventus employee, you have access to two benefit options, Basic and Premier.

Basic Premier

$1,500 First Day Hospital Confinement, 1 per year *

$2,000 First Day Hospital Confinement, 1 per year*

*See policy for complete details and limitations


Tier Basic Premier

Employee $8.90 $11.78

Employee + Spouse $19.82 $26.24

Employee + Child $15.26 $20.16

Family $25.22 $33.34



Additional Benefits (cont’d)

Personal Accident Insurance (PAI)Bioventus provides employees with the option to purchase Personal Accident Insurance through NY Life. PAI helps protect you and your family from financial loss if an accident results in death or serious injury. You have the option to purchase coverage for yourself, your spouse, and your children. For more information, please visit Bionet.

Tuition Assistance Program (TAP)As part of our commitment to your ongoing growth and development, Bioventus allows you to receive up to $5,250 annually for tuition and other eligible expenses, dependent upon grades earned in approved courses. Regular full-time employees are eligible to participate with prior management approval after six months of employment. For more information about this benefit, please contact your HR representative.

Life Assistance Program (LAP)The LAP is a free, confidential service you can access by phone or online 24/7. Counselors offer you and members of your household assistance with emotional well-being and life events. The LAP also offers referrals to local professionals, resources for care giving, health and wellness contacts, and help with daily living. This may include help finding caregivers, legal counsel and more. For more information, contact NY Life Behavioral Health at 1-800-538-3543 or go online at www.nylgbs-lap.com. On the Healthy Rewards page, you can learn about discounts to various health and wellness providers such as smoking cessations, weight manage-ment, dieticians and more!

bWell Wellness Program Well-being is more than just staying in shape – it means paying attention to nutrition, understanding the importance of personal relationships, keeping good financial practices, appreciating the value of your work, and recognizing your purpose. Through our partner, WellRight, you have access to a health assessment, life coaching, company and personal challenges and opportunities to earn rewards. For more information on the program contact us at [email protected].

Discounts and Perks Program Access thousands of discounts on tickets, hotels, car rentals and more anytime throughout the year! Now available via PerkSpot at https://Bioventus.perkspot.com.

Adoption AssistanceBioventus provides financial assistance towards expenses you may incur if you choose to adopt children. Full-time employees are eligible for this benefit after one year of service. Bioventus will reimburse you for up to 100% of eligible charges which you are required to pay, up to a maximum of $5,000 for each child adopted per family. Benefits will be paid once the child has been placed in your home for adoption. “Placed” means the date the child becomes a member of your household and not the date of final adoption which, in fact, may be some time after the child has been living with his or her adopting parents. For more information visit Bionet.

Fitness ReimbursementBioventus will reimburse employees for certain expenses related to getting and staying active of up to $90 per quarter. Examples of reimbursable expenses include the following:• Fitness club fees at approved facilities for regular

full-time employees after the employee has completed 21 visits to the facility during that quarter.

An approved facility will consist of any local gym/fitness center with the ability to track your individual attendance and monthly fees.

• Personal trainer fees• Entrance fees for participating in marathons, triathlons,

Tough Mudder competitions, 5k walk/runs and other fitness competitions (proof of participating will be required).

To get reimbursed, complete the Fitness Reimbursement Request form found on Bionet, attach the supporting documentation, and submit the form to an HR representative within 60 days from the end of the quarter which you are requesting reimbursement.

Approval of reimbursable expenses will be at the discretion of the US benefits leader with any exceptions approved by the SVP/Chief Human Resources Officer.

Period audits will be conducted to ensure compliance. Fitness Reimbursement is subject to taxes, which will be handled by the Payroll department.

The information in this document provided by Bioventus contains a summary of the benefits for the 2022 calendar year. Details are provided in the summary plan descriptions and other plan documents, which will be available on Bionet and from the applicable vendors. The plan documents contain the terms and conditions for each plan and govern the operation of the plans. In the event that the content of this document or any oral representations made by any person regarding the plans conflicts with or is inconsistent with the provisions of any plan document, the provisions of the plan document control. The provision of the Benefits Guide and the contents thereof are not intended and shall not create any contractual relationship or guarantee of employment for any defined period of time between Bioventus and any recipients of the Benefits Guide, including, without limitation, Bioventus current and former employees. Eligibility for and enrollment in Bioventus benefit plans is subject to all terms and conditions of the Plans. Bioventus reserves the right to amend, modify and/or terminate any or all of the plans at any time, at its discretion.


Contacts

Benefit Plan Information Contact

Medical Aetna

Kaiser Permanente

1-855-845-0572 www.aetna.com

1-800-464-4000www.kp.org

Prescriptions Aetna

Kaiser Permanente

1-855-845-0572 www.aetnapharmacy.com/standard

1-800-464-4000www.kp.org

Dental Delta Dental of North Carolina

1-800-662-8856 www.deltadentalnc.com Group number: 0593-0001

Vision VSP 1-800-877-7195 www.VSP.com Group number: 30061598

Life/AD&D NY Life 1-800-362-4462

STD & LTD NY Life 1-800-362-4462

HSAs Payflex 1-888-678-8242www.payflex.com

FSAs TRI-AD 888-844-1372www.tri-ad.com

401(k) Fidelity 1-800-835-5098 www.401k.com

Critical Illness, Accident, Hospital Indemnity

Aetna 1-800-607-3366 www.myaetnasupplemental.com

Identity, Financial and Privacy Protection Program

Allstate www.myaip.com1-800-789-2720

Legal Insurance ARAG www.ARAGlegalcenter.com Access Code: 18222bio 1-800-247-4184

HR Team Phone Email

Ambre Wachter 919-474-6815 [email protected]

Sharon Dearing 901-341-2942 [email protected]

General Inbox [email protected]

Bioventus Employee Benefits

Documents

Transcript of Bioventus Employee Benefits