Senior management believes that engagement and transparency with our employees is an important part of building trust and helping our employees feel rewarded, heard and secure about Denbury and their jobs. We have a number of company initiatives that focus on employee engagement.

Denbury's CEO, Chris Kendall, addresses employees during a virtual Town Hall.

Town Hall Updates

Periodically, our senior management team invites all employees to attend either in-person or virtual town halls, led by our CEO, which includes an update on our business and company performance, charitable activities, and safety updates, highlighting key achievements and individuals, followed by a candid Q&A session. Additionally, our CEO and other members of our senior management team provide periodic video updates to all employees.

Sessions with the CEO

On a frequent basis, our CEO invites a small rotating group of employees to an informal virtual meeting. An update is provided on business initiatives and projects, and employees have a direct opportunity to engage with, and ask questions of, our CEO.

Denbury believes that promoting health and wellness among our employees and their families is critical to our success and necessary as part of our commitment to our employees. Our focus on the health and wellness of our employees goes beyond compliance with occupational health and safety regulations.

Advocacy Care

Through Advocacy Care, employees have unlimited confidential access to personal health advocates who can answer questions and help get them the right care on a wide range of issues such as: supporting medical issues, from common to complex, answering questions about diagnoses and treatments, researching the latest treatment options, finding the right in-network doctors and making appointments, researching and arranging expert second opinions, resolving insurance claims and billing issues, providing confidential help with personal issues, and finding local services.

Employee Assistance Program

Through Denbury’s Employee Assistance Program, employees can get help with matters such as balancing work and family, staying healthy, finding legal help, locating child care and handling finances.

Employee Emergency Fund

In response to the Hurricane Harvey disaster in 2017 which impacted some Denbury employees and their families, Denbury set up the Employee Emergency Fund. The program is intended to provide financial assistance to employees affected by catastrophic events or natural disasters. The fund is made up of contributions from employees which can be collected by items sold, fundraisers, or straight donations. Our employees have made contributions to the Employee Emergency Fund with proceeds from the sale of excess office furniture, art, laptops, t-shirts, and making monetary donations to help fellow employees in need. Since its creation, the Employee Emergency Fund has assisted employees in need as a result of: the Hurricane Harvey disaster, unexpected funeral arrangements, medical expenses, and flooded homes.

Since the fund’s inception, Denbury and our employees have raised over $47,200 to help fellow employees impacted by catastrophic events or natural disasters.

GRI:
401-2 Employee
Well-being

Denbury has a long-standing tradition of offering exceptional benefits to its employees. These benefits are designed to help us attract and retain talented employees by creating a great working environment for our employees. We have been working hard to manage costs and have taken a close look to determine the employee benefits that provide the most value to our employees. We have changed many practices, events and benefits during the last few years in order to be as cost-conscious as possible while still providing the great working environment that is a foundation of Denbury.

Medical Benefits

Denbury provides its employees with multiple low-cost medical, dental and vision coverage options so each employee can participate in a plan that is appropriate for the needs of their family.

401(k)

Denbury matches 100% of the first 6% of each employee’s pay contributed by the employee to their 401(k) plan. Annually, our 401(k) vendor provides educational sessions throughout the country discussing marketplace conditions, retirement planning and investment options.

Life Insurance

We want to provide for our employees and their families in the event of a death or serious injury. Denbury provides employees with basic life and accidental death and disability insurance at no cost to the employee. We also offer additional life insurance at a modest cost.

Disability

Denbury’s disability program protects our employees financially if they are unable to work as a result of an illness or injury. Denbury provides short-term and long-term disability coverage at no cost to the employee.

Scholarship Program

Denbury employees, their children, and/or their dependents may be eligible to apply for scholarships of up to $5,000 per student per year to be used for undergraduate studies. The program is funded by Denbury’s CEO, Chris Kendall, and his wife, Eileen Kendall.

Matching Gift Program

Under Denbury’s matching gifts program, we match, dollar-for-dollar, up to $500 donated by an employee to any eligible charitable organization.

Denbury Events

Denbury sponsors and hosts many events for its employees and their families. These events create an employee-focused and family-oriented environment.

Our Company is committed to human rights in the workplace. This commitment includes respecting the dignity and worth of all individuals, encouraging all individuals to reach their full potential, encouraging the initiative of each employee, and providing equal opportunity for development to all employees.

Specifically, Denbury recognizes our responsibility with regards to:

• Workplace health and safety
• The prohibition of forced and child labor
• A workplace free from harassment or any form of discrimination
• Freedom of association
• Complying with all laws regarding hours and wages
• Employee privacy

Denbury respects international human rights principles and our commitments to human rights are guided by the United National Global Compact and the International Labor Organization’s Declaration of Fundamental Principles and Rights at Work.

Our Code of Conduct and Human Rights Policy require employees to report any suspected human rights abuses.

Denbury’s Human Rights Policy is available on our website at www.denbury.com under “Responsibility” link.