2021-11-15T00:00:31-06:00 2020-12-31 861065772 DELOITTE TAX LLP 925 FOURTH AVENUE SUITE 3300 SEATTLE WA 981041126 990 2020-01-01 941160950 SRI INTERNATIONAL SRII 6508592000 333 RAVENSWOOD AVENUE MENLO PARK CA 94025 STEPHANIE DEFINO CFO 6508592000 2021-11-15 1 STEPHANIE DEFINO XXX-XX-XXXX JANE M SEARING P00000565 2067167000 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEPHANIE DEFINO 333 RAVENSWOOD AVENUE MENLO PARK CA 94025 396987204 0 X WWW.SRI.COM X 1946 CA WORLD-CHANGING SOLUTIONS MAKING PEOPLE SAFER, HEALTHIER, & MORE PRODUCTIVE THROUGH SCIENTIFIC R&D 11 10 1663 0 38685252 0 54230670 47214537 310788022 317252721 -4393385 -270221 29394628 3766112 390019935 367963149 0 0 0 0 221189724 222025349 0 0 0 178590099 146026328 399779823 368051677 -9759888 -88528 309712048 327883125 112586085 127440777 197125963 200442348 X SRI INTERNATIONAL CREATES WORLD-CHANGING SOLUTIONS MAKING PEOPLE SAFER, HEALTHIER, AND MORE PRODUCTIVE THROUGH SCIENTIFIC RESEARCH & DEVELOPMENT. 0 0 72575249 99452753 INFORMATION AND COMPUTING SCIENCES (ICS) PERFORMS SCIENTIFIC RESEARCH CREATING SOLUTIONS IN ARTIFICIAL INTELLIGENCE, SPEECH AND NATURAL LANGUAGE, PERCEPTION AND VISUAL SCIENCES, COMPUTATIONAL BIOLOGY, ROBOTICS, AND CYBER SECURITY. PUSHING THE BOUNDARIES OF COMPUTING, ICS EMPLOYS NEW TECHNOLOGIES TO SOLVE CLIENT PROBLEMS THROUGH CONTRACT RESEARCH, TECHNOLOGY LICENSING, AND VENTURE CREATION. OUR STAFF MEMBERS COLLABORATE WITHIN SRI, AND ALSO WITH DIVERSE UNIVERSITY AND INDUSTRY PARTNERS. 54322333 68110693 THE ADVANCED TECHNOLOGY AND SYSTEMS DIVISION (ATSD) MANAGES COMPLEX PROJECTS FOR GOVERNMENT AND NON-GOVERNMENT CLIENTS FROM BASIC RESEARCH TO ADVANCED SYSTEMS AND PRODUCT DEVELOPMENT. THE DIVISION ADVANCES SCIENTIFIC RESEARCH IN DIVERSE AREAS SUCH AS CHEMISTRY, PHYSICS, AND MATERIALS SCIENCE; GEOSPACE STUDIES AND SPACE AND MARINE TECHNOLOGY; SURVEILLANCE AND REMOTE SENSING; APPLIED OPTICS AND SECURE CIRCUITS; AND ROBOTICS, MEDICAL DEVICES, AND NANOTECHNOLOGY.SCIENTISTS, ENGINEERS, AND TECHNICIANS, WORK ON ABOUT 200 PROJECTS PER YEAR, AND ARE ORGANIZED AROUND FIVE CENTERS: ENERGY AND ENVIRONMENT, OCEAN AND SPACE SYSTEMS, SURVEILLANCE SYSTEMS, CYBER AND SURVIVABILITY SYSTEMS, AND ROBOTIC AND MEDICAL SYSTEMS. EACH CENTER COMPRISES MULTIPLE PROGRAMS AND LABORATORIES AND IS VERTICALLY INTEGRATED FROM SCIENCE TO PRODUCT CONCEPTS AND PROTOTYPES. 52032574 54058390 SRI BIOSCIENCES WORKS WITH ACADEMIC, FOUNDATION, GOVERNMENT, AND OTHER CLIENTS AND PARTNERS TO BRING NEW MEDICINES AND DEVICES TO MARKET THROUGH BASIC RESEARCH, PHARMACEUTICAL DISCOVERY, PRECLINICAL DEVELOPMENT AND CLINICAL TRANSLATION. RESEARCHERS SOLVE IMPORTANT PROBLEMS IN PREVENTION, DIAGNOSIS AND TREATMENT, TARGETING IMPORTANT UNMET NEEDS IN HEALTHCARE AND SAVING AND IMPROVING LIVES WORLDWIDE. OUR RESEARCHERS STRIVE TO UNDERSTAND DISEASE MECHANISMS, IDENTIFY PROMISING LEADS AND TRANSLATE PRECLINICAL CANDIDATES INTO CLINICAL DEVELOPMENT. CORE AREAS OF THERAPEUTIC EXPERTISE INCLUDE CANCER, IMMUNOLOGY AND INFLAMMATION, INFECTIOUS DISEASES AND NEUROSCIENCE. SRI ALSO CONDUCTS BIOSCIENCE R&D TO PRODUCE NEW BIOMARKERS, DRUG DELIVERY TECHNOLOGIES, MEDICAL DEVICES, AND SYSTEMS BIOLOGY TOOLS. 107819561 95625501 SRI ENGAGES IN A BROAD RANGE OF OTHER SCIENTIFIC RESEARCH INITIATIVES IN FURTHERANCE OF ITS EXEMPT MISSION, INCLUDING EDUCATION, INTEGRATED SYSTEMS AND SOLUTIONS, AND GLOBAL PARTNERSHIPS. THE EDUCATION DIVISION UNDERTAKES A RESEARCH-BASED ANALYSIS OF EDUCATIONAL OUTCOMES AND REFORMS AND THE IMPACTS OF TECHNOLOGY ON LEARNING. RESEARCHERS ADDRESS PROBLEMS POSED BY COMPLEX ISSUES IN EDUCATION POLICY, TECHNOLOGY IN LEARNING, AND LEARNING AND DEVELOPMENT. PROGRAMS HELP IDENTIFY TRENDS, UNDERSTAND OUTCOMES, AND DEVELOP POLICY AND PRACTICE SOLUTIONS TO THE CHALLENGES POSED BY RAPID SOCIAL, TECHNOLOGICAL AND ECONOMIC CHANGE. THE INTEGRATED SYSTEMS AND SOLUTIONS DIVISION DEVELOPS AND TRANSITIONS TECHNOLOGY INTELLECTUAL PROPERTY FROM LAB DEMONSTRATIONS TO FIELDED, SUPPORTED SYSTEMS BY LEVERAGING A DISCIPLINED SYSTEM ENGINEERING APPROACH INTEGRATED WITH CERTIFIED STRUCTURED DEVELOPMENT AND QUALITY PROCESSES. GLOBAL PARTNERSHIPS ENCOURAGES INNOVATION AND RESEARCH AROUND THE WORLD. 107819561 95625501 286749717 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 581 0 1 1663 1 1 1 1 JA 0 0 0 0 0 0 0 0 1 0 X 11 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA OR NY X STEPHANIE DEFINO 6508592000 333 RAVENSWOOD AVENUE MENLO PARK CA 94025 WILLIAM A JEFFREY CEO 40.00 X X 1479587 0 86423 LESLIE F KENNE BOARD CHAIR 2.00 X X 110000 0 0 MARIANN BYERWALTER BOARD MEMBER 4.00 X 86000 0 0 DAVID HOYT BOARD MEMBER 2.00 X 86000 0 0 DAVID E LIDDLE BOARD MEMBER 1.00 X 86000 0 0 LAURA WRIGHT BOARD MEMBER 2.00 X 80000 0 0 ISAAC STEIN BOARD MEMBER 2.00 X 80000 0 0 JOHN J YOUNG JR BOARD MEMBER 3.00 X 76000 0 0 DEBORAH RIEMAN BOARD MEMBER 5.00 X 70000 0 0 PAWLIKOWSKI ELLEN BOARD MEMBER 2.00 X 70000 0 0 DAVID MOTLEY BOARD MEMBER (FROM 9/2020) 3.00 X 25000 0 0 JOHN P MCINTIRE CHIEF LEGAL OFFICER 40.00 X 679802 0 118003 MANISH KOTHARI CORPORATE PRESIDENT 40.00 X 571679 0 86714 STEPHANIE DEFINO CHIEF FINANCIAL OFFICER 40.00 X 386888 0 73991 STEVE PERNA DIVISION PRESIDENT 40.00 X 620522 0 82759 WILLIAM MARK DIVISION PRESIDENT 40.00 X 574056 0 95339 MICHAEL PAGE CHIEF INFORMATION OFFICER 40.00 X 519232 0 77335 IAN COLRAIN DIVISION PRESIDENT 40.00 X 469997 0 59431 SHARI GOLAN DIVISION PRESIDENT 40.00 X 446245 0 65453 JOHN CROWE DIVISION PRESIDENT (FROM 09/01/2020) 40.00 X 339334 0 91087 GREGORY KOVACS CHIEF TECH OFFICER (THRU 08/30/2020) 40.00 X 342519 0 42567 DONALD SEATON DIVISION PRESIDENT (THRU 05/01/2020) 20.00 X 191785 0 53323 PHILLIP PORRAS DIRECTOR, COMPUTER SCIENCE 40.00 X 635786 0 65292 PATRICK LINCOLN VP, COMPUTER SCIENCE 40.00 X 533605 0 91609 ADOLPH PFEFFERBAUM SCIENTIFIC MANAGEMENT V 40.00 X 477055 0 58885 DAVID STRINGER-CALVERT DEPUTY GENERAL COUNSEL 40.00 X 468608 0 53451 JOHN VAN SCOTER VP, BUSINESS MANAGEMENT 40.00 X 418082 0 33817 9923782 0 1235479 744 0 1 0 ADVANTAGE TECHNICAL RESOURCING INC PO BOX 70107 LOS ANGELES CA 900740107 STAFFING 3409105 DELTEK INC PO BOX 75967 BALTIMORE MD 212755967 STAFFING 2186879 RESOURCES CONNECTION INC 17101 ARMSTRONG AVENUE SUITE 100 IRVINE CA 926145730 STAFFING 1672717 METRO SERVICES GROUP 9000 CROW CANYON RD SUITE S 329 DANVILLE CA 94506 JANITORIAL 1355975 MENTOR GRAPHICS DNU 8005 SOUTHWEST BOECKMAN ROAD WILSONVILLE OR 970707777 TECHNICAL SUPPORT 1227381 108 47214537 47214537 SCIENTIFIC RESEARCH 541700 278574475 278574475 COMMERCIAL TECH SVCS 541900 38678246 38678246 317252721 1755361 1755361 5703855 5703855 5724764 7657123 -1932359 -1932359 7006 -1939365 18350301 991049 20555949 810983 -2205648 180066 -2025582 -2025582 OTHER INCOME 900099 -5384 -5384 -5384 367963149 278569091 38685252 3494269 X 8199384 469553 7729831 142527778 118418829 24108949 12403548 10181767 2221781 47385954 39664049 7721905 11508685 9447196 2061489 2095177 2095177 3155071 482743 2672328 48701 48701 75261559 65697877 9563682 172206 172206 12384751 11128131 1256620 11935141 1531553 10403588 8568852 5556284 3012568 1196445 1154606 41839 1200234 1040857 159377 362882 362882 14371963 7871301 6500662 1779792 85790 1694002 EQUIP RENTAL/MAINTENANC 13491893 14018304 -526411 PRINTING/PUBLICATIONS 1148 877 271 OTHER EXPENSES 513 513 368051677 286749717 81301960 0 16077461 30855722 1045725 835567 81413937 101419051 3937817 5248489 7498394 7465154 423860475 315164265 108924593 108696210 45871726 28941507 44942395 44421425 309712048 327883125 56089111 61351279 21625451 19858707 34871523 46230791 112586085 127440777 X 197110963 200427348 15000 15000 197125963 200442348 309712048 327883125 X -88528 2748017 656896 X 0 1 X 1 1 1 X 65967499 64945209 63960292 54230670 47214537 296318207 298480382 299018513 290385265 269782394 278574475 1436241029 364447881 363963722 354345557 324013064 325789012 1732559236 0 139624312 166038756 138904520 113500000 142993520 701061108 139624312 166038756 138904520 113500000 142993520 701061108 1031498128 25504013 10632522 11355920 42652037 13183980 103328472 25504013 10632522 11355920 42652037 13183980 103328472 31816 20679 52495 389983710 374616923 365701477 366665101 338972992 1835940203 0.56180 0.58040 0.05630 0.06120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 49500 49500 0 PART II-B, LINE 1: SRI PAID LOBBYING FEES TO INNOVATIVE FEDERAL STRATEGIES, FOR CONGRESSIONAL RELATIONS WORK ON BEHALF OF SRI. 13396628 13396628 239398243 191867741 47530502 13420635 9892291 3528345 130723400 105201320 25522080 26921569 8202913 18718655 108696210 OTHER ASSETS 16290173 INVESTMENT IN SUBSIDIARY 23391500 DEFERRED INCOME TAXES 4739752 44421425 CLIENT ADVANCES & CREDITS 20194450 OTHER NON CURRENT LIABILITIES 26036341 46230791 EAST ASIA 1 6 PROGRAM SERVICES INTERNATIONAL PROJECT DEVELOPMENT 1068000 EUROPE 0 3 PROGRAM SERVICES INTERNATIONAL PROJECT DEVELOPMENT 27000 SOUTH ASIA 0 2 PROGRAM SERVICES GOVERNMENT PROJECT SUPPORT 17000 1 11 0 0 1 11 1112000 0 1112000 0 0 1 0 0 1 PART III ACCOUNTING METHOD: X X 1 1 X X X X X 0 0 1 0 0 0 1 1 0 WILLIAM A JEFFREY CEO 667173 0 726789 0 85625 0 5700 0 80723 0 1566010 0 0 0 JOHN P MCINTIRE CHIEF LEGAL OFFICER 356309 0 188606 0 134887 0 5700 0 112303 0 797805 0 0 0 STEVE PERNA DIVISION PRESIDENT 330937 0 172936 0 116649 0 5700 0 77059 0 703281 0 0 0 PHILLIP PORRAS DIRECTOR, COMPUTER SCIENCE 288206 0 27903 0 319677 0 5700 0 59592 0 701078 0 0 0 WILLIAM MARK DIVISION PRESIDENT 403775 0 85488 0 84793 0 5700 0 89639 0 669395 0 0 0 MANISH KOTHARI CORPORATE PRESIDENT 388089 0 92308 0 91282 0 5700 0 81014 0 658393 0 0 0 PATRICK LINCOLN VP, COMPUTER SCIENCE 329635 0 65628 0 138342 0 5700 0 85909 0 625214 0 0 0 MICHAEL PAGE CHIEF INFORMATION OFFICER 359467 0 107163 0 52602 0 5700 0 71635 0 596567 0 0 0 ADOLPH PFEFFERBAUM SCIENTIFIC MANAGEMENT V 410514 0 55000 0 11541 0 5700 0 53185 0 535940 0 0 0 IAN COLRAIN DIVISION PRESIDENT 339262 0 102338 0 28397 0 5700 0 53731 0 529428 0 0 0 DAVID STRINGER-CALVERT DEPUTY GENERAL COUNSEL 240511 0 40079 0 188018 0 4852 0 48599 0 522059 0 0 0 SHARI GOLAN DIVISION PRESIDENT 293035 0 137293 0 15917 0 5700 0 59753 0 511698 0 0 0 STEPHANIE DEFINO CHIEF FINANCIAL OFFICER 322760 0 59650 0 4478 0 5700 0 68291 0 460879 0 0 0 JOHN VAN SCOTER VP, BUSINESS MANAGEMENT 322174 0 61125 0 34783 0 5700 0 28117 0 451899 0 0 0 JOHN CROWE DIVISION PRESIDENT (FROM 09/01/2020) 253414 0 84000 0 1920 0 5369 0 85718 0 430421 0 0 0 GREGORY KOVACS CHIEF TECH OFFICER (THRU 08/30/2020) 237018 0 70669 0 34832 0 4740 0 37827 0 385086 0 0 0 DONALD SEATON DIVISION PRESIDENT (THRU 05/01/2020) 78764 0 0 0 113021 0 3340 0 49983 0 245108 0 0 0 PART I, LINE 1A SRI'S TRAVEL POLICY IS STRUCTURED FOR COMPLIANCE WITH FAR 31 205-46. UNDER SUB-SECTION (D) OF THIS PROVISION, AIRLINE COSTS IN EXCESS OF THE LOWEST CUSTOMARY STANDARD ARE ALLOWABLE IN SITUATIONS TO ACCOMMODATE THE PHYSICAL OR MEDICAL NEEDS OF THE TRAVELER. THE DECISION TO PERMIT SUCH TRAVEL, SOLELY FOR MEDICAL REASONS ON AN INDIVIDUAL BASIS, WAS ISSUED FROM THE CONTROLLER'S OFFICE WITHIN THE AUSPICES OF THE CHIEF FINANCIAL OFFICER (CFO). A TEMPORARY HOUSING SUBSIDY IS OCCASIONALLY INCLUDED AS PART OF THE RELOCATION PACKAGE OFFERED TO QUALIFIED EMPLOYEES. PART I, LINE 4C LIKE MOST UNIVERSITIES AND OTHER RESEARCH INSTITUTIONS, AND CONSISTENT WITH THE REQUIREMENTS OF THE BAYH-DOLE ACT [35 U S C 200 ET SEQ], SRI SHARES WITH SRI INVENTORS AND OTHER CONTRIBUTORS ROYALTIES IN THE FORM OF CASH OR EQUITY RECEIVED FROM SPIN-OFF AND OTHER COMPANIES TO WHOM SRI INTELLECTUAL PROPERTY IS LICENSED OR TRANSFERRED. THE TERMS AND CONDITIONS UNDER WHICH SRI SHARES SUCH EQUITY ARE LAID OUT IN DETAIL IN SRI'S INTELLECTUAL PROPERTY ROYALTY AND EQUITY SHARING PROGRAM THAT WAS APPROVED BY THE IRS IN A PRIVATE LETTER RULING ISSUED IN 1999. OF THE OFFICERS, DIRECTORS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A, LINE 1A, TWO RECEIVED EQUITY-BASED PAYMENTS TOTALING $4,189 , WITH INDIVIDUAL AMOUNTS RANGING FROM $30 TO $3,957. PART I, LINE 6 LIKE MOST UNIVERSITIES AND OTHER RESEARCH INSTITUTIONS, AND CONSISTENT WITH THE REQUIREMENTS OF THE BAYH-DOLE ACT [35 U S C 200 ET SEQ], SRI SHARES WITH SRI INVENTORS AND OTHER CONTRIBUTORS ROYALTIES IN THE FORM OF CASH OR EQUITY RECEIVED FROM SPIN-OFF AND OTHER COMPANIES TO WHOM SRI INTELLECTUAL PROPERTY IS LICENSED OR TRANSFERRED. THE TERMS AND CONDITIONS UNDER WHICH SRI SHARES SUCH EQUITY ARE LAID OUT IN DETAIL IN SRI'S INTELLECTUAL PROPERTY ROYALTY AND EQUITY SHARING PROGRAM THAT WAS APPROVED BY THE IRS IN A PRIVATE LETTER RULING ISSUED IN 1999. OF THE OFFICERS, DIRECTORS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A, LINE 1A, SIXTEEN RECEIVED ROYALTY PAYMENTS TOTALING $1,244,274, WITH INDIVIDUAL AMOUNTS RANGING FROM $1,299 TO $318,791 . PART I, LINE 7 THE AMOUNTS SHOWN IN COLUMN (II) OF SECTION B OF PART (II) INCLUDE PERFORMANCE BASED COMPENSATION (PBC). PBC IS A FINANCIAL INCENTIVE POOL OF FUNDS THAT IS PRE-APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. PBC PAYOUT IS BASED ON THE FOLLOWING FACTORS THAT ARE DESIGNED TO ALIGN INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE WITH THE NON-PROFIT MISSION OF SRI: GROWTH IN ORDER BOOKINGS, GROWTH IN CONTRACT LABOR REVENUE, MEETING THRESHOLD INCOME FROM RESEARCH CONTRACTS, GENERATING ROYALTY INCOME, GENERATING NEW EQUITY ASSETS RESULTING FROM SPIN-OFF COMPANIES, GENERATING NEW PATENTS, PUBLISHING RESEARCH RESULTS, AND OTHER SUCH METRICS AS DEEMED RELEVANT BY MANAGEMENT FOR THE FISCAL YEAR. A CA INFRASTRUCTURE AND DEVELOPMENT 630304653 13033W3N1 2018-11-01 10890000 REFINANCING 2010 ISSUE 0 0 0 B CA INFRASTRUCTURE AND DEVELOPMENT 630304653 SEEPARTVI 2012-06-28 18590000 REFINANCING 2003 ISSUE 0 0 0 A 10890000 2018 1 0 1 1 B 18590000 185000 2012 1 0 1 1 A 0 0 0 0 1 0 0 B 0 0 0 0 1 0 0 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 PART I ROW A COLUMN C: CUSIP MATURITY DATE PRINCIPAL 13033W3N1 12/01/2019 $651,854 13033W3N1 12/01/2020 $673,672 13033W3N1 12/01/2021 $706,036 13033W3N1 12/01/2022 $738,939 13033W3N1 12/01/2023 $773,145 13033W3N1 12/01/2024 $808,715 13033W3N1 12/01/2025 $847,093 13033W3N1 12/01/2026 $886,570 13033W3N1 12/01/2027 $927,767 13033W3N1 12/01/2028 $970,766 13033W3N1 12/01/2029 $1,016,361 13033W3N1 12/01/2030 $1,063,726 13033W3N1 12/01/2031 $825,358 TOTAL $10,890,000 PART I ROW B COLUMN C: CUSIP MATURITY DATE PRINCIPAL 13034ABN9 09/01/2013 $1,075,000 13034ABP4 09/01/2014 $1,110,000 13034ABQ2 09/01/2015 $1,145,000 13034ABR0 09/01/2016 $ 890,000 13034ABS4 09/01/2017 $ 925,000 13034ABT6 09/01/2018 $ 960,000 13034ABU3 09/01/2019 $1,000,000 13034ABV1 09/01/2020 $1,040,000 13034ABW9 09/01/2021 $1,095,000 13034ABX7 09/01/2022 $1,150,000 13034ABX7 09/01/2028 $8,200,000 TOTAL $18,590,000 PART IV 2 C: A) 11/1/2018 B) 4/5/2012 FORM 990, PART VI, SECTION A, LINE 2 WILLIAM JEFFREY AND LAURA WRIGHT BOTH SERVE ON THE BOARD OF DIRECTORS OF TE CONNECTIVITY LTD., AN ENTITY UNRELATED TO SRI INTERNATIONAL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SRI STAFF (TAX MANAGER, CFO, CEO), OUTSIDE LEGAL COUNSEL, AND THE AUDIT COMMITTEE. A COPY OF THE FINAL VERSION OF THE FORM 990 IS FURNISHED TO THE EACH MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C SRI MAINTAINS AND ENFORCES STANDARDS OF CONDUCT AND CONFLICT-OF-INTEREST POLICIES WHICH, AMONG OTHER THINGS, REQUIRE SUCH PERSONS TO IDENTIFY, DISCLOSE, AND AVOID INTERESTS THAT COULD GIVE RISE TO ETHICAL CONFLICTS. SRI'S LEGAL DEPARTMENT TRAINS ITS OFFICERS, DIRECTORS, AND EMPLOYEES IN SRI'S CODE OF CONDUCT, ETHICS, AND CONFLICTS-OF-INTEREST POLICIES. THE ETHICS AND CONFLICT-OF-INTEREST POLICIES ARE POSTED ON SRI'S INTERNAL WEBSITE. SRI'S ETHICS OFFICER IS REACHABLE BY ALL EMPLOYEES THROUGH SRI'S ETHICS "HOTLINE". SRI'S INTERNAL AUDIT STAFF ASSIST THE ETHICS OFFICER IN INVESTIGATING POTENTIAL VIOLATIONS AND RECOMMENDING REMEDIAL MEASURES. SENIOR MANAGEMENT OVERSEES THESE PERSONNEL AND POLICIES AND ENFORCES CORRECTIVE AND DISCIPLINARY ACTION AS WARRANTED. IN THE EVENT OF POTENTIAL CONFLICTS, THE PERSONS INVOLVED ARE BARRED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS REGARDING THE MATTER WHICH IS THE SUBJECT OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 AMONG THE COMMITTEES OF THE SRI BOARD OF DIRECTORS IS THE COMPENSATION AND MANAGEMENT DEVELOPMENT COMMITTEE (THE "COMMITTEE"), WHICH IS COMPOSED OF FOUR INDEPENDENT DIRECTORS. THE COMMITTEE REVIEWS AND APPROVES COMPENSATION LEVELS FOR SRI'S SENIOR STAFF AND CEO ON AN ANNUAL BASIS, BASED ON COMPARABLE COMPENSATION INFORMATION FOR SIMILARLY-SITUATED COMPANIES. THIS COMPARABLE COMPENSATION INFORMATION IS DEVELOPED OR OBTAINED BY A QUALIFIED, EXPERIENCED AND INDEPENDENT COMPENSATION CONSULTANT, WHO PROVIDES A REPORT AND OPINION TO THE COMMITTEE REGARDING THE REASONABLENESS OF THE PROPOSED COMPENSATION LEVELS IN LIGHT OF THE EXTERNAL DATA. THE MINUTES OF THE COMMITTEE REFLECT AND DOCUMENT THE DECISIONS, INCLUDING THE ANALYSIS AND DATA CONSIDERED BY THE COMMITTEE. THE MINUTES OF THE COMMITTEE'S MEETINGS ARE MAINTAINED BY THE VP OF HUMAN RESOURCES AND THE GENERAL COUNSEL. FORM 990, PART VI, SECTION C, LINE 19 SRI'S ORGANIZATIONAL DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES OF THE FINANCIAL STATEMENTS CAN ALSO BE OBTAINED FROM THE OFFICE OF THE CALIFORNIA SECRETARY OF STATE, WHERE A COPY IS FILED ANNUALLY. SRI'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 65,697,877. MANAGEMENT AND GENERAL EXPENSES 9,563,682. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,261,559. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FROM RESTRICTIONS EQUITY IN EARNINGS FROM SUBSIDIARY 406,000. INCOME TAX EXPENSE 250,896. FORM 5471 FILED ON BEHALF OF STATEMENT STATEMENT PURSUANT TO TREASURY REGULATION SECTION 1.6038-2(J)(3) AND TREASURY REGULATION SECTION 1.6046-1(E)(5) THE FOLLOWING INFORMATION IS SUBMITTED WITH RESPECT TO SRI INTERNATIONAL FORM 5471 (INFORMATION RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN CORPORATIONS) FILING REQUIREMENT FOR: NAME OF FOREIGN CORPORATION: RAVENSWOOD TECHNOLOGIES UK LIMITED ADDRESS OF FOREIGN CORPORATION: THIRD FLOOR, 24 CHISWELL STREET, LONDON, UK ECIY 4YX THE FORM 5471 FILING REQUIREMENT FOR THIS FOREIGN CORPORATION HAS BEEN SATISIFIED BY INCLUSION IN THE FOLLOWING U.S. FILER'S TAX RETURN: NAME OF U.S. FILER: RAVENSWOOD SOLUTIONS ADDRESS OF U.S. FILER: 3065 SKYWAY COURT, FREMONT, CA 94539 EIN: 47-2893226 TAX YEAR: DECEMBER 31, 2020 TYPE OF RETURN FILED: FORM 1120 IRS SERVICE CENTER: E-FILED FORM 5471 FILED ON BEHALF OF STATEMENT STATEMENT PURSUANT TO TREASURY REGULATION SECTION 1.6038-2(J)(3) AND TREASURY REGULATION SECTION 1.6046-1(E)(5) THE FOLLOWING INFORMATION IS SUBMITTED WITH RESPECT TO SRI INTERNATIONAL FORM 5471 (INFORMATION RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN CORPORATIONS) FILING REQUIREMENT FOR: NAME OF FOREIGN CORPORATION: RAVENSWOOD TECHNOLOGIES KENYA LIMITED ADDRESS OF FOREIGN CORPORATION: MIRAGE TOWERS, CHIROMO ROAD, P. O. BOX 1791 - 00606 - SARIT CENTRE, NAIROBI, KENYA THE FORM 5471 FILING REQUIREMENT FOR THIS FOREIGN CORPORATION HAS BEEN SATISIFIED BY INCLUSION IN THE FOLLOWING U.S. FILER'S TAX RETURN: NAME OF U.S. FILER: RAVENSWOOD SOLUTIONS ADDRESS OF U.S. FILER: 3065 SKYWAY COURT, FREMONT, CA 94539 EIN: 47-2893226 TAX YEAR: DECEMBER 31, 2020 TYPE OF RETURN FILED: FORM 1120 IRS SERVICE CENTER: E-FILED RAVENSWOOD SOLUTIONS INC 3065 SKYWAY COURT FREMONT CA 94539 472893226 TRAINING SYSTEMS DE SRI INTERNATIONAL C 406000 23354000 1.00000 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 RAVENSWOOD SOLUTIONS A 7006 BOOK VALUE RAVENSWOOD SOLUTIONS F 58000 BOOK VALUE